Evelyn Sheehan Explores the Intersection Between Bankruptcy and Asset Forfeiture in ABI Panel

December 7, 2021

What conflicts arise when criminals facing asset seizure and forfeiture actions from U.S. prosecutors and regulators file for bankruptcy? Evelyn Sheehan, a former U.S. federal prosecutor focused on asset forfeiture, will discuss when she joins an American Bankruptcy Institute Winter Leadership Conference panel in Rancho Palos Verdes, California, at 2:00 pm Los Angeles time, December 10, 2021.

Ms. Sheehan will explore financial crimes – including Ponzi and Foreign Corrupt Practices Act (FCPA) schemes – that have led to bankruptcy to examine what the conflict between the bankruptcy estate and the U.S. federal government over seized and forfeited assets. The issues that arise include asserting a legal interest in the assets, the look-back period, remedies to the bankruptcy estate and priority schemes.

The panel, “Intersection of the Bankruptcy Code with Criminal and Civil Forfeiture,” will also feature moderator the honorable Steven Rhodes and co-panelists Frank P. Terzo of Nelson Mullins Riley & Scarborough and Kathy Bazoian Phelps of Raines Feldman.

Click here to register to attend in-person or virtually.