Patrick Hannon

Partner

New York
T +1 212.589.4640  |  F +1 212.589.4201

Patrick Hannon is a member of the White Collar Defense and Corporate Investigation team. He represents public and private corporations, financial institutions and investment firms in civil and criminal investigations and administrative and judicial proceedings before the U.S. Department of Justice (DOJ), Securities and Exchange Commission (SEC), Department of the Treasury, Internal Revenue Service (IRS), Commodity Futures Trading Commission (CFTC), Financial Industry Regulatory Authority, and other U.S. and foreign law enforcement agencies. Patrick also advises board committees, independent directors, senior executives, and internal legal and compliance professionals on securities, banking and tax issues, as well as on corporate governance, fiduciary duty, risk management, internal controls and other compliance matters.

Having served for nearly 15 years as a senior executive at one of the world's leading investment banks, where he advised supranational, governmental, and public and private corporate and financial institutions throughout the Americas, Europe and Asia, Patrick brings a unique combination of legal, financial and business skills to the effective representation of his clients, whether they are contending with law enforcement, regulatory agencies, private litigants or other legal challenges.

Select Experience

  • Serves as one of the lead lawyers representing a former managing director of JP Morgan, whose cooperation was sought in the investigation of the bank’s multibillion-dollar trading loss in London by the U.S. DOJ, SEC, and CFTC. Assisted in securing for the client a rare non-prosecution agreement with the DOJ and similar resolutions with other U.S. and U.K. governmental authorities.
  • Advises global financial institutions regarding the U.S. Foreign Account Tax Compliance Act and related reporting, compliance, internal control, and remediation matters.
  • Represents the federal court-appointed SEC equity receiver of a family of hedge funds that operated a Ponzi scheme through investment companies in the Cayman Islands, U.S., and Latin America, and assisted in the recovery of approximately $250 million of misappropriated assets for the benefit of offshore financial institutions and private investors.
More »

Experience

  • Serves as one of the lead lawyers representing a former managing director of JP Morgan, whose cooperation was sought in the investigation of the bank's multibillion-dollar trading loss in London by the DOJ, SEC and CFTC. Assisted in securing for the client a rare non-prosecution agreement with the DOJ and similar resolutions with other U.S. and U.K. governmental authorities.
  • Advises global financial institutions regarding the U.S. Foreign Account Tax Compliance Act and related reporting, compliance, internal control and remediation matters.
  • Represents the federal court-appointed SEC equity receiver of a family of hedge funds that operated a Ponzi scheme through investment companies in the Cayman Islands, the U.S. and Latin America, and assisted in the recovery of approximately $250 million of misappropriated assets for the benefit of offshore financial institutions and private investors.
  • Serves as counsel to the outside directors of a publicly registered U.S. financial institution.
  • Serves as counsel to the trustee in the liquidation of a major broker-dealer in the U.S. and U.K.
  • Represented the key witness and defendant in one of the largest criminal tax evasion prosecutions brought by the DOJ and IRS in U.S. history.
  • Represented the board of directors of a public company regarding an SEC insider trading investigation.
  • Represented a leading global financial institution in comprehensive review and remediation of export control compliance procedures and practices.
  • Advised numerous institutional investors regarding Libor fraud cases instituted in U.S. courts.
  • Served as counsel in securing the dismissal of all charges against the CEO and affiliated corporations of a prominent U.S. commercial real estate conglomerate charged in a major fraud, racketeering and money laundering indictment.
  • Served as counsel in the successful Foreign Sovereign Immunities Act petition before the U.S. Supreme Court in the landmark Holocaust case, Republic of Austria & Oesterreichische Industrieholding AG v. Whiteman.
  • Advised leading global financial institutions in developing new financial products, including the first private-label mortgage-backed and pass-through bonds and obligations; off-balance sheet and residual interest collateralized mortgage obligations (CMOs); planned amortization class, interest-only and principal-only CMOs; and numerous derivatives and asset-backed securities.

Memberships

  • American Bar Association
  • Association of the Bar of the City of New York

News

Services

Admissions

  • U.S. District Court, Eastern District of New York
  • U.S. District Court, Southern District of New York
  • U.S. Tax Court
  • New York

Education

  • J.D., Georgetown University, Associate Editor, The Tax Lawyer
  • B.A., Yale University