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Exiled Chinese businessman Miles Guo, who defrauded his followers out of more than $1 billion, will be sentenced in September, after the US judge presiding over his case appointed new lawyers for him. https://t.co/hnzx04VriE
Good morning from the Southern District of New York, where convicted Chinese businessman Miles Guo has an appointment of counsel hearing.
OK - now at Miles Guo change of counsel proceeding. Prospective new (CJA) counsel now in holding cell speaking with Guo. Inner City Press wrote the book Fox Hunt Guo, below, and will live tweet, thread below https://t.co/SdO5jO0dUw
Brown Rudnick has reached an agreement to pay nearly $8 million to settle potential claims related to its past work for Miles Guo, a convicted fraudster, in connection with his Chapter 11 bankruptcy case in Connecticut. The settlement was confirmed by both Law360 and ReutersLegal. Guo, an exiled Chinese businessman, defrauded his followers out of more than $1 billion and is scheduled to be sentenced in September. A hearing for the appointment of new counsel for Guo is currently underway in the Southern District of New York, with prospective new attorneys meeting with him in a holding cell.
