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Andrew Schilling Quoted in Law360 Article, "Prosecutors Unleased as $5B S&P Action Rolls On"

Andrew W. Schilling

Andrew Schilling was quoted in Max Stendahl's article, "Prosecutors Unleashed as $5B S&P Action Rolls On," on July 17, 2013, on Law 360.

"The government had not used FIRREA as a significant weapon in its financial fraud arsenal until relatively recently, so there was little precedent on how far the government could reach with this law," said Buckley Sandler LLP partner Andrew W. Schilling, who previously served as chief of the Civil Division in the U.S. Attorney's Office in Manhattan. "If more and more courts sustain the government's aggressive use of the statute, the Justice Department is likely to be further emboldened in its use of FIRREA against financial institutions."

Click here to read the full article at Law360 (subscription required).