The Boston-based Am Law 100 firm, already caught up in an Irish investigation into its role advising private-equity giant Cerberus Capital Management on its purchase of a troubled Northern Ireland property portfolio last year, must now deal with another inquiry by the U.S. Department of Justice.
September 08, 2015 at 03:36 PM
1 minute read
The original version of this story was published on Law.Com
The U.S. Department of Justice has reportedly landed on Project Eagle.
The code name for the April 2014 transaction, which saw Brown Rudnick advise private-equity giant Cerberus Capital Management on its $1.82 billion acquisition of a $7.5 billion property portfolio from the National Asset Management Agency (NAMA), the Republic of Ireland’s “bad bank,” made headlines in the country this summer over allegations of political payoffs and monies stashed in offshore accounts.
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