Novartis lawyer steps down over Trump lawyer payment

Michael Cohen

Novartis General Counsel Felix Ehrat will leave the company over his role in a $1.2 million contract the Swiss drugmaker struck with the lawyer for U.S. President Donald Trump, saying on Wednesday that it was legal but still an error. He will retire at the start of June, to be replaced by current Novartis ethics chief Shannon Thyme Klinger.

Novartis' general counsel Felix Ehrat will be replaced on June 1 by Shannon Thyme Klinger, who now works as the company's chief ethics, risk and compliance officer, according to the WSJ. "As a co-signatory with our former CEO, I take personal responsibility to bring the public debate on this matter to an end", Ehrat said in a statement issued by the firm.

The Novartis ouster comes as AT&T forced its top Washington, D.C. executive into retirement last week, following fallout from revelations that the telecom giant paid Cohen $600,000 past year.

Novartis previously admitted to hiring Essential in February 2017 for advice "as to how the Trump administration might approach certain US healthcare policy matters".

Karnataka polls: Siddaramaiah exudes confidence as turnout crosses 50%
Police have banned celebrations and bursting of crackers around 38 counting centres; additional forces have been deployed. It was 65 percent in 2008 and 2004, 69 percent in 1989 and 1994, and 69 percent in the 1990 Assembly election.

Ronda Rousey Says She Will Be Pregnant 'Someday Soon'
The two wrestlers will be facing each other in a singles match for the Raw's Women's Championship on June 17 Rosemont, Illinois. The 31-year-old WWE superstar has been talking about babies for a while - first bringing up the topic on "Ellen" back in 2016.

Supreme Court to hear pleas challenging Article 35A on August 16
Article 368 (i) of the Constitution mandates that only Parliament can amend the Constitution by introducing a new Article. It is a very sensitive issue, the AG said and made it clear that the Centre did not want to file its reply on validity.

But executives weren't impressed by Cohen after their first meeting in March 2017, a month into the deal. But as we reported previously, the drug maker continued making payments - in $100,000 monthly installments - to avoid angering Trump. He said the company continued to pay him because it feared litigation over a premature termination of the agreement.

The Swiss company revealed last week (9 May) that it had paid Cohen's company Essential Consultants $1.2m for healthcare policy consulting work that he had proved "unable" to do.

According to Bloomberg, Jimenez's successor, Vas Narasimhan, has told Novartis's managers that the company needs to "rethink its approach to the use of consultants and lobbying firms".

Related:

Comments

Latest news

Oil pulls back from multi-year highs on China economy fears
Crude oil production in March was around 3.76 million bpd, flat compared with the average levels in January and February. U.S. shale oil production is expected to rise by about 145,000 bpd to a record 7.18 million bpd in June, the U.S.

US Dollar Surges, Boosted By Sales Data And Rising Bond Yields
The U.S. dollar rallied against a basket of major currencies on Tuesday to its highest since December, helped by a rise in U.S. Contracts for the S&P 500, Dow Jones and Nasdaq were all directionless as the Stoxx Europe 600 Index drifted.

Frances Bean Cobain forced to give up dad Kurt's guitar in divorce
Lee even filmed himself chasing a limousine for several miles that he thought I was a passenger in. Frances Bean's ex husband has been allowed to keep Kurt Cobain's MTV Unplugged guitar.

Tencent beats estimates as WeChat, mobile games drive growth
The company announced that had seen growth in the double digits related to the number of daily active users for that game. Now unavailable in China, it will be launched in the country within the next few months.

Will Barclay appointed to panel selecting NY attorney general; interviews start today
Schneiderman resigned last week following a report by The New Yorker magazine that he physically abused four women he had dated. Schneiderman himself won over the office in 2010 only when Andrew Cuomo left to run for governor.

Microsoft pushes out new security and privacy related updates for Windows 10
Microsoft released today three additional Windows update packages -Microsoft Releases KB4100347, KB4134660, and KB4134661. Windows 10 Nearby Share uses Bluetooth to detect nearby devices and shares content using WiFi or Bluetooth.

Is Canadian Railway (NYSE:CNI) Now a Sell? Goldman Sachs Downgrades Stock
The stock of Canadian National Railway Company (NYSE:CNI) has "Hold" rating given on Wednesday, October 26 by Stifel Nicolaus. Meridian Wealth Management LLC's holdings in Canadian National Railway were worth $515,000 as of its most recent SEC filing.

BSNL rolls out Rs 118 prepaid plan to take on Reliance Jio
Telecom operators in the country have kept on refreshing their prepaid plans since the entry of Reliance Jio to the Indian market. The state-run telecom operator, BSNL, recently launched Rs 39 prepaid plan that offers unlimited voice calls to the subscribers.

Spike Lee blasts Trump for not condemning the Klan and Alt-Right
He continued: "The United States of America was built upon a genocide of native people, and slavery". I think I count seven "motherfuckers". "This film, to me, is a wake-up call", he concluded.

NES and SNES Classic Editions to return
Pre-orders sold out in advance of the launch and those hoping to buy one in-store were met with long lines and empty shelves . There will be no increase in the NES Classic Edition price for its return, as it will still be sold at $59.99.

C's Dominate 2nd Half, Take 2-0 Series Lead
It wasn't about how LeBron James would respond after a quiet 15-point effort as the Boston Celtics rolled in the opener. Who is most likely to win the 2018 NBA Championship? They're gooning the game up, and we've got to do the same thing.

Massive dust storm hits Delhi-NCR on Wednesday morning
Strong winds and dust storm, followed by light showers were witnessed across the national capital, as reported by ANI. The police received almost 60 calls related to fallen trees, electricity polls and wall collapses across the region.

Here's A Tesla Towing A Qantas Dreamliner
The achievement was announced after the ModelX P100D pulled a Boeing 787-9 Dreamliner on the tarmac for 300 metres. Although it's rated to tow 2500kg, the Model X managed to pull the 130,000 kg airplane almost 300 meters.

When does the Premier League transfer window open and close?
Then it all culminates with Jim White donning a yellow tie and no doubt a massive hard on under the desk. It'll be interesting to see if the decision to finish early will work in the league's favour.

Kings bowled out for 88 as RCB thrash KXIP by 10 wickets
Barring his match-winning knock against Royal Challengers Bangalore , Rohit has failed to live up to the expectations this season. In order to seal qualification, they will hope Kings XI Punjab lose to both Mumbai Indians and Chennai Super Kings.

Other news