Categories : Legal Ethics
Release of The “Pandora Papers” is a Good Reminder of Attorney Duties Where There is a High Probability a Client is Seeking Advice to Commit a Crime
By Andrew A. Servais
With the recent release of the “Pandora Papers,” renewed attention is focused on corporate ownership transparency. The so-called Pandora Papers release from the International Consortium of Investigative Journalists (ICIJ) has outlined the elaborate mechanisms that the wealthy deploy to shift funds between global jurisdictions, masking their true wealth and minimizing their tax obligations while also unmasking the U.S. as a tax haven — including the state of South Dakota with its proliferation of “dynasty trusts.”