Saturday, September 26, 2015

Peter Rogan Will Plead Guilty to Perjury for Lying During a Citation

Peter Rogan was on the wrong side of one of the most famous "collections" cases of all time. I wrote a five-part blog post about Dexia v. Rogan back in 2011. The Dexia case involved more than $100 million and the resulting opinion from the 7th Circuit contained nearly that many tips for commercial litigators. My original post can be found HERE.

I was fortunate enough to attend a seminar given by the plaintiff's lawyers about this case. It was absolutely fascinating. These guys literally traveled the globe to recover Rogan's assets. He had established trusts that were located in multiple foreign countries around the world. His current perjury charges stemmed from his denials under oath about those trusts during a citation to discover assets.

Mr. Rogan was back in the news this week because he finally returned to Chicago after fighting extradition from Canada for the last several years. He is expected to plead guilty to perjury this week and could be sentenced immediately. All "collections" lawyers will smile when the cell door closes behind this guy.

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