In an expert analysis published by Law360, Partners Ronald Machen, Preet Bharara and Erin Sloane explore the subject of monitorship and the best practices for in-house and outside counsel to consider when successfully navigating and completing a monitorship.
Excerpt: "It will be important to adopt a cooperative tone with the monitor. Monitorships generally last for at least two years, with many lasting longer; starting off on the right foot goes a long way toward establishing a cooperative working relationship for the duration of the monitorship. An adversarial tone can unnecessarily lengthen the monitorship and make the monitorship period taxing on both the monitor and the company."
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
