DATE: Monday, January 9, 2017
TIME: 12:00 PM - 1:00 PM
The International Consortium of Investigative Journalists (ICIJ) reported on their findings from a review of over 11 million documents, the private client files of a Panamanian law firm that specialized in trust services, covering a 40-year span. Among other things, the ICIJ “Panama Papers” documents allegedly reveal: (1) offshore holdings of 140 politicians and public officials from around the world, including the (now former) prime minister of Iceland, the present of Ukraine, and the king of Saudi Arabia; (2) more than 214,000 offshore entities connected to people in more than 200 countries and territories; and (3) the role of institutions, including financial institutions and law firms, in the creation of hard-to-trace companies in offshore havens. This course, led by attorneys Peter Halprin and Marshall Gilinsky, will delve into the liability issues generated by the release of the Panama Papers and what insurance, if any, may be responsive to such claims.