Indicted Kaye Scholer Partner Resigns

Biglaw partner Evan Greebel is in Biglaw no more.

Evan Greebel and Martin Shkreli

Evan Greebel and Martin Shkreli

Remember how there was a Biglaw partner caught up in the whole Martin Shkreli securities fraud mess? While the rest of the world celebrated the downfall of the massive douchebag that rose to infamy by raising the price of a life-saving pill, Daraprim, by 5,000% (from $13.50 to $750), over in our little corner of the internet, there was plenty of schadenfreude-laced glee over the fact that a Kaye Scholer partner, Evan Greebel, got arrested alongside his former client. (Greebel represented Shkreli while at Katten Muchin, where he worked for more than a decade before joining Kaye Scholer.)

Though Greebel was still gainfully employed in Biglaw back in December, it seems that is no longer the case. As Law360 reports:

Evan Greebel, who remained a partner at Kaye Scholer despite being indicted for allegedly funneling cash from biopharmaceutical company Retrophin Inc. to investors in hedge funds founded by Shkreli, is no longer a partner at the firm, according to spokeswoman Andrea Orzehoski.

As for the exact date of Greebel’s resignation, Orzehoski would only say that it was recent and declined to discuss the results of the firm’s internal investigation of the attorney. Orzehoski said last month that upon conclusion of the probe, “the firm will take appropriate action.”

That isn’t the only shake-up in the notable case — he’s also made a change at the counsel’s table. With the means to hire the best of the best and the experience to know the big players in the white-collar world, Greebel initially tapped a well-known boutique, Morvillo Abramowitz Grand Iason & Anello, and partners Jonathan Sack and Benjamin Fischer. But all that is different now:

Gibson Dunn partner Reed Brodsky told the court on Feb. 8 that he will be defending Greebel against the criminal charges. Gibson Dunn partner Joel M. Cohen and counsel Lisa H. Rubin were also added to Greebel’s defense team, according to court records.

On Friday, Jonathan S. Sack and Benjamin S. Fischer of Morvillo Abramowitz Grand Iason & Anello PC were allowed to withdraw as co-counsel for Greebel, leaving Gibson Dunn as Greebel’s only attorneys.

White-collar enthusiasts may remember Brodsky for his former role in the U.S. Attorney’s office for the Southern District of New York, where he was lead prosecutor in the conviction of Rajat Gupta on insider trading charges. Though he is now on the other side of the room, this case is sure to reverberate in the legal world.

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Kaye Scholer Partner Resigns In Wake Of Shkreli Indictment [Law360]

Earlier: Biglaw Partner Arrested With Martin Shkreli — Pharma Karma
5 Things You Need To Know About Biglaw Partner Evan Greebel’s Arrest

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