As attorneys for Michael Cohen rush to meet Judge Kimba Wood's Friday deadline to complete a privilege review of over 3.7 million documents seized in the April 9 raids of Cohen's NY properties and law office, a source representing this matter has disclosed to ABC News that the law firm handling the case for Cohen is not expected to represent him going forward.
The bombshell we were all expecting finally dropped today, as ABC just reported that "a source representing this matter has disclosed to ABC News that the law firm handling the case for [Michael] Cohen is not expected to represent him going forward", and that Cohen is now "likely to cooperate with federal prosecutors in NY, sources said".
Ryan and partner Todd Harrison recently went to court to try and prevent investigators from seeing some confiscated files after a raid on Cohen's office and home in April.
"Cohen, now with no legal representation, is likely to cooperate with federal prosecutors in NY, sources said", according to ABC News.
A replacement firm has not been named, ABC News said. Trump tweeted after the raid.
It wasn't clear what prompted the change or who would take over.
Stephen Ryan and Todd Harrison of the law firm McDermott, Will & Emery LLP were representing Cohen during a legal battle regarding the seizure of Cohen's files in Federal Bureau of Investigation raids of his home, hotel room, and office. CNN reports Cohen has hired a new lawyer, but not said who. Cohen denied that in a statement to Vanity Fair. The search warrant for the raid originated from a referral by special counsel Robert Mueller, according to the Times. This development, which is believed to be imminent, will likely hit the White House, family members, staffers and counsels hard.
For a decade, Cohen has served as one of Trump's most trusted aides, scouting foreign real estate deals and handling sensitive transactions, including a hush deal made with the pornographic actor Stormy Daniels on the eve of the presidential election. But these are his only two real options, as his case plays out in the Southern District of NY.
Federal prosecutors in NY have publicly said they are investigating alleged fraud in Cohen's business dealings, but haven't disclosed details.
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