Cleary Gottlieb Steen & Hamilton

Cleary’s partner Robin Bergen and Paul Marquardt have experience of handling FCPA cases. They represented a subsidiary of Archer Daniels Midland Company, Alfred C Toepfer International, in its December 2013 guilty plea to violating the FCPA in Ukraine.

But the firm’s main strength in the white-collar area since the 2008 financial crisis has been advising financial institutions.

Cleary’s DC-based partners represented French bank BNP Paribas in proceedings brought by OFAC and the DOJ that resulted in a June 2014 conviction on sanctions and money-laundering charges — the “first time a global bank has agreed to plead guilty to large-scale, systematic violations of US economic sanctions,’ as a DOJ press release put it. BNP Paribas also agreed to forfeit US$8.8 billion and pay a fine of $140 million.

The DC white-collar partners acted for several major financial institutions in the Libor, Forex and Isdafix probes. The firm’s other clients have included Citigroup and Goldman Sachs in the US, as well as British bank HSBC.

They also represented the German company Clearstream Banking, which in January 2014 reached a US$152 million settlement with OFAC for alleged sanctions violations. 

Get unlimited access to all Global Investigations Review content