U.S. Attorney Patrick J. Fitzgerald in Chicago said he is stepping down on June 30, ending a 24-year career in which he prosecuted one White House aide, two governors, state and municipal job holders and terrorists.
The loan on the Four Seasons Resort Hualalai, a Hawaiian vacation area co-owned by Michael Dell’s MSD Capital LP, is close to a restructuring as the property benefits from higher room rates and rising luxury-home demand, said Patrick Fitzgerald, chief executive officer of the resort.
Latham & Watkins LLP’s Zachary Fardon was nominated by President Obama to be U.S. Attorney for the Northern District of Illinois in Chicago. He would replace Patrick Fitzgerald, who left last June and joined Skadden Arps Slate Meagher & Flom LLP.
Attorney Matthew Kluger was sentenced to a 12-year prison term that is the longest ever imposed for insider-trading, exceeding the 11-year sentence given Galleon Group LLC co-founder Raj Rajaratnam last year.
Kirkland & Ellis LLP partner and former federal judge Mark Filip was selected to be co-chairman of a panel to find a successor to Chicago’s former U.S. attorney, Patrick Fitzgerald. Retired U.S. District Judge David Coar will be the other co-chairman of the committee.
A man convicted on two terrorism counts by a Chicago jury was acquitted of a third charge that he helped plotters of the 2008 Mumbai terrorist attacks that killed about 160 people over three days, including six Americans.
Former Illinois Governor Rod Blagojevich, convicted of trying to trade a U.S. Senate seat for personal favors or campaign cash, may face more prison time than the 6 1/2-year term his predecessor got for political corruption.