Brad Karp Steps Down as Paul Weiss Chairman Over Epstein Emails

Brad Karp, the longtime chairman of influential Wall Street law firm Paul Weiss, has resigned from his leadership role following the release of emails showing his extensive interactions with the late disgraced financier and convicted sex offender Jeffrey Epstein.
 

He has been replaced by partner Scott Barshay, head of the corporate department, who has advised on major deals including Anheuser-Busch InBev's $107 billion takeover of SABMiller and Chevron's $55 billion acquisition of Hess, the firm said on Wednesday.
 

In a statement, Karp said the “recent reporting has created a distraction and placed a focus on me that is not in the best interests of the firm.” He will remain with Paul Weiss, concentrating on client work. He did not immediately respond to requests for further comment.
 

Karp came under scrutiny after emails released by the US Department of Justice last Friday revealed his personal and business communications with Epstein, months before the financier was arrested on sex trafficking charges in July 2019. Epstein later died by suicide in his Manhattan jail cell and had previously pleaded guilty in 2008 to charges including soliciting an underage girl.
 

Paul Weiss previously stated that Karp “regrets” his interactions with Epstein. Karp has not been accused of any wrongdoing.

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