White Collar Group Of The Year: Covington & Burling
February 2, 2018, Law360
Covington was named a 2017 White Collar Practice Group of the Year by Law360. Commenting on the firm's representation of Takata Corp. in its highly sensitive $1 billion deal with the U.S. Department of Justice over air bag inflators, Steven Fagell says, "It was a very sensitive and very complicated matter, and there were other regulators that had taken an interest in the case." He adds, "The challenge that comes from a matter like that is trying to advocate on behalf of a client that is involved in a very difficult set of facts, doing so credibly, and reaching a resolution that will satisfy the DOJ and allow the company to continue in business."
Speaking about the firm's involvement in high-profile corporate investigations, Nancy Kestenbaum, who led the Choate investigation, says, "In all the work we do, whether it is in a case involving a government investigation or an internal investigation, we work very hard, both to make sure that we investigate and understand the facts as best as possible, but also do so with as much sensitivity as possible. That sensitivity is particularly important when handling a matter involving misconduct and abuse."
Fagell adds, "Our offices in D.C. and New York are at the top of the market, and we've had success in California, London and China, which are also important markets for our clients. Even moving beyond physical location of our offices, we’ve had a tremendous amount of work around the world and we’re able to handle any kind of white collar matter that comes up through our network."