Defending On All Sides: Common Discovery Perils In Parallel Civil And Criminal Cases
By EsqSocial Corporation 25/03/21
On March 11, 2021, the U.S. District Court for the Eastern District of New York granted a stay in the civil case brought by the Securities and Exchange Commission (“SEC”) against GPB Capital Holdings, LLC (“GPB Capital”), pending resolution of the parallel Department of Justice (“DOJ”) criminal proceeding against the private-equity firm’s founder and associates. In parallel civil and criminal cases, a stay of the civil case is typically granted to protect grand jury secrecy, avoid prejudicing...
By: Vinson & Elkins LLP