Refco Lawyer, A&O, Mayer Brown, Skadden: Business of Law

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Joseph Collins, Refco Inc.’s former outside lawyer whose 2009 fraud conviction was reversed in January, was found guilty Nov. 16 by a jury in federal court in Manhattan.

Jurors convicted Collins, formerly with the Chicago law firm Mayer Brown LLP, on seven counts after a retrial on charges he helped Refco Chief Executive Officer Phillip Bennett and other executives defraud investors of $2.4 billion. Collins was granted a new trial by a U.S. appeals court, which ruled that the trial judge improperly instructed a deliberating juror outside the presence of Collins’s lawyers.