David Gannaway, a 20-year veteran of the IRS where he was an assistant special agent in charge of the Criminal Investigation Division's New York Field Office, has joined the MP&S Litigation and Corporate Financial Advisory Services Group as a director. Mr. Gannaway will play a key role in complex white collar fraud investigations and in the firm’s newly expanded foreign disclosure services.

More than 50,000 US taxpayers may have held accounts at UBS AG that were not disclosed to the IRS. MP&S has assembled a team that stands ready to help these taxpayers and their attorneys take the right steps now toward voluntary disclosure of foreign bank accounts.

In a podcast interview with the associate editor of The Corporate Counsel.net, Steven L. Henning, partner-in-charge of the MP&S Litigation and Corporate Financial Advisory Services Group, discusses the impact of mark-to-market accounting and where regulators find themselves in the debate.