Risk Update

Risk News & Webinar — “Minimal” Conflict Not a Disqualifying Concern, SRA AML Webinar

No DQ For Polsinelli In Slot-Maker’s ‘Sham’ Patent Suit” —

  • A Delaware federal judge has declined to boot Polsinelli LLP from an antitrust case brought by its slot-maker client, NRT Technology Corp., calling any conflict-of-interest risk in the case “minimal.”
  • “Turning back a disqualification request from Everi Holdings Inc., the court said Friday that legal work done for an Everi predecessor by the former firm of Polsinelli intellectual property attorney Colby Springer wasn’t sufficiently related to the case to justify the firm’s removal.”
  • “Moreover, the time frames of the matters didn’t overlap, and Springer wasn’t personally involved in state gaming probes for the Everi predecessor, known as Global Cash Access, Inc., while he was at Lewis Roca Rothgerber LLP.”
  • “Springer ‘did not represent GCA in the [Arizona Department of Gaming] investigation, and the differences in the legal issues presented in the proceedings reduce the likelihood that LRR obtained any confidential information from GCA that could prove useful against Everi in this case,’ U.S. Magistrate Judge Sherry R. Fallon said.”

SRA WEBINAR (March 16): “Anti-money laundering: what we learnt from law firm visits” —

  • “We visited 74 firms to check on their money laundering systems. Two thirds were told to make changes to the way they work. Would yours pass?”
  • “Join us for a free webinar to get practical advice on how to help keep the proceeds of crime out of legal services. You will hear about the types of issues – and good practice – we have seen from our visits to review practice within law firms.”
  • “With a focus on examples from the everyday issues you face, this webinar will offer support to make sure you are doing the right things to keep your firm and the public safe. Areas we found that needed the most work included:
    • independent audit
    • screening of employees
    • matter risk assessments
    • source of funds checks.”