“The court’s focus isn’t on whether prosecutors are uncomfortable with the fact that this defendant has hired giant names to negotiate at the highest levels of the government. And the court’s inherent authority is not ordinarily conceived to explore negotiations happening outside the courtroom or how much a defendant’s negotiators are being paid.” – Kendall Coffey on the issue of whether Rudy Giuliani and Michael Mukasey can continue representing Reza Zarrab, a megarich businessman with highly placed political connections in Turkey, who is accused of violating U.S. sanctions on Iran.
“The court’s focus isn’t on whether prosecutors are uncomfortable with the fact that this defendant has hired giant names to negotiate at the highest levels of the government. And the court’s inherent authority is not ordinarily conceived to explore negotiations happening outside the courtroom or how much a defendant’s negotiators are being paid.” – Kendall Coffey on the issue of whether Rudy Giuliani and Michael Mukasey can continue representing Reza Zarrab, a megarich businessman with highly placed political connections in Turkey, who is accused of violating U.S. sanctions on Iran.
“I would hope that as a community we are learning to ask more questions about meteoric financial rises, yet I’m uncertain if anything has really changed [after Rothstein],” said Kendall Coffey, a former U.S. attorney who represented Scott W. Rothstein’s law firm after the Ponzi scheme was uncovered.
“This is going to be a new territory, a new set of fascinating questions, and it will not be an easy thing for the Obama administration to give bankruptcy judges the power.” Kendall Coffey on new foreclosure proposals.
“You know so many times the interest of the public sort of drops off after the sentencing. This time, Rick, I think a lot of the victims are going to want to know where he’s staying now that he’s going from the “penthouse”– they want him to be going to the “big house.” Kendall Coffey on Bernie Madoff.
“The shocker here is that a lawyer was charged who is not acting as a criminal accomplice…It’s more than chilling. It’s paralyzing. If they’ll prosecute Ben Kuehne, then anyone can be prosecuted.” Kendall Coffey on charges against Ben Kuehne.