Arnstein & Lehr Chicago Partner Robert E. McKenzie was interviewed recently for an article that appeared August 14 on Bloomberg online on the likely settlement by Credit Suisse, Switzerland’s second largest bank, of aiding tax invasion. The story with Mr. McKenzie’s quotes was also picked up by the online publication Today. The U.S. Justice Department notified the bank last month that it was the target of a probe into its cross-border banking services to U.S. customers. Tax lawyers assert that their settlement may exceed $1 billion.
To read the Bloomberg article with Mr. McKenzie’s comments, please click here.