Jon Corzine Hires Criminal defence Lawyer

Corzine with Andrew LevanderCorzine, left, next to legal advisor Andrew Levander

Photo: Columbia University

Before announcing his resignation from MF Global this morning, Jon Corzine retained legal counsel from Andrew Levander, a partner at leading Wall Street law firm Dechert.The move comes as the FBI and other regulatory authorities investigate criminal wrong doing by the former governor of New Jersey and Goldman Sachs Chairman and CEO. Corzine has not been charged for a crime, but is seeking advice as the maelstrom around him swirls.

Levander is best known for his work advising John Thain, the former CEO of Merrill Lynch, and a number of high level, outside executives at Lehman Brothers, during the 2007 and 2008 financial crises. 

Levander’s client list includes the who’s who of Wall Street:

  • AIG, Bank of NY, Citigroup, Credit Suisse, Goldman Sachs, JP Morgan Chase, Merrill Lynch, Morgan Stanley, the NYSE, UBS and Universal American Corp.
  • Advice to company officers include Biovail Corp., Datascope Corporation, GlaxoSmithKline, Monster Worldwide, Motorola, OSI Pharmaceuticals and Symbol Technology.

Dechert has advised on deals totaling $63 billion year-to-date, including the $34 billion purchase of Medco Health by Express Scripts, ranking it among the top 20 law firms involved in mergers and acquisitions in 2011, according to data from Bloomberg.

Mr. Corzine has also hired Alan Smith and Scuyler Carroll to advise him during Chapter 11 proceedings.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at