In their article, Matthew Goldstein and Alexandra Stevenson discuss the case of former banker and oil investor Morris E. Zukerman who was accused of avoiding $45 million in income and sales taxes. Zukerman’s lawyers from William & Connolly – James A. Bruton III and James T. Fuller III – are now being brought before a federal grand jury to testify. Goldstein and Stevenson explain,
Typically, lawyers cannot be compelled to testify or produce evidence against a client in a grand jury investigation. But in rare cases, judges can require it, if there is evidence that clients’ communication with their lawyers was done purposely to further a crime or a fraud. In the law, it is known as the crime-fraud exception to the attorney-client privilege.
Continue reading the entire story here: Lawyers Ordered to Testify on Client’s Tax Evasion Case
Posted by Allison Trupp, Associate Editor, Wealth Strategies Journal