Commercial Litigation and Arbitration

February 23, 2007

When are extrajudicial statements of counsel admissible against the client? In United States v. Jung, 473 F.3d 837 (7th Cir. 2007), the defendant was charged with securities fraud for putting his investors' money at risk for debts that were not theirs (i.e., exposing their assets to cross-collateralization, which resulted in millions of dollars in losses). The ...
When are extrajudicial statements of counsel admissible against the client? In United States v. Jung, 473 F.3d 837 (7th Cir. 2007), the defendant was charged with securities fraud for putting his investors’ money at risk for debts that were not…

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