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SCOOP: @SkaddenArps paid $11M to @YuliaTymoshenko & her lawyer to avoid a lawsuit related to the firm's work with PAUL MANAFORT on a report used by Ukraine's pro-Russian gov't to justify her imprisonment on charges that the US deemed politically motivated.
nytimes.com/2020/05/10/us/…
The fallout from @SkaddenArps work with PAUL MANAFORT for Ukraine's Russia-aligned gov't now includes:
▶️$4.6M to settle with @TheJusticeDept.
▶️$11M to settle with TYMOSHENKO et al
▶️30 days in prison for VAN DER ZWAAN
▶️indictment/acquittal of GREG CRAIG
nytimes.com/2020/05/10/us/…
Ukrainian & Russian media (inaccurately) speculated the $ paid to TYMOSHENKO might be an effort to:
▶️launder foreign $ into her party kp.ru/daily/27126/42…
▶️hide the source of her $ pravda.com.ua/columns/2020/0…
▶️neutralize questions about cars & clothes ukrrudprom.com/digest/Dengi_i…
EXPERTS? The @KyivPost interviewed a number of “experts,” who were “unanimous" that the $11M received by TYMOSHENKO "was suspicious," & suggested it was unlikely a settlement for political persecution, as she claimed. kyivpost.com/ukraine-politi…
“Today, there is this notion that suing a lawyer or a law firm is beneath most lawyers,” said @WilliamTReidIV.

His firm has a lucrative niche suing Big Law firms for malpractice.

Its latest success: extracting $11M from @SkaddenArps over its Ukraine work
law.com/americanlawyer…
Ukraine's Russia-aligned YANUKOVYCH kleptocracy used @SkaddenArps' reputation "to give them cover for what they were doing politically," @rroiphe told @Law360 "If you squander [your reputation] for a buck here & there, it may be penny-wise & pound-foolish" law360.com/articles/12739…
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