Skadden Arps Knew Its Work for Manafort Was Borderline at Best—and Now It'll Pay More Than $4 Million for It
Paul Manafort just brought one of America’s most powerful law firms down with him.
The firm Skadden Arps, once home to Barack Obama’s first White House counsel, admitted on Thursday that it misled the Justice Department to cover up the nature of its work for the Ukrainian government. Thanks to a report it produced to help Manafort in his work for Ukraine’s Kremlin-friendly president in 2012, it has now promised to register as a foreign agent.
And it’s costing the firm. Skadden Arps will have to pay the Treasury Department $4.6 million–the cost of the report it delivered to Manafort justifying the Party of Regions government prosecuting and jailing its political rival, Yulia Tymoshenko.