Justice Department Subpoenas Big Law Firms Over Trump Administration Deals
The Justice Department has issued subpoenas to several major law firms, including Kirkland & Ellis, Latham & Watkins, and Simpson Thacher, regarding deals made with the Trump administration. These subpoenas seek communications between the firms and Boris Epshteyn, President Trump's personal lawyer, who played a role in brokering these deals. The inquiries have reignited criticism of the law firms' dealmaking, particularly their failure to account for counterparty risk. The subpoenas are part of a broader investigation into the legal settlements that allowed these firms to evade certain executive orders from the Trump administration.