Sidley Austin hires former Treasury GC

July 18, 2014 Sidley Austin has announced the hire of George W. Madison, who was the general counsel of the Department of the Treasury from September of 2009 to June 2012.

Madison joins the firm as a partner in the global Banking and Financial Services practice, and will work in the firm’s New York and D.C. offices.

William Eckland, head of the global Banking and Financial Services practice at Sidley, said: “While at the Treasury Department George was responsible for overseeing a number of important initiatives, including those related to money laundering and economic sanctions enforcement, and the formation of federal agencies under Dodd-Frank including FSOC, the CFPB, FIO, and OFR. We look forward to working with George and drawing on his wealth of knowledge gained from direct involvement with significant enforcement and regulatory matters. This, combined with our team’s strong existing capabilities, will allow us to provide clients with enhanced counsel regarding compliance and enforcement issues.”

New York managing partner Michael J. Schmidtberger said: “George’s knowledge of and experience in the banking and financial industries combined with his years as general counsel at the Treasury Department during the financial crisis will allow him to provide clients with a well-informed perspective on how to handle complex issues such as ‘bet the company’ litigation, compliance and regulatory investigations. We welcome George to Sidley as he engages with our talented team here and with the talented lawyers in our Banking and Financial Services practice around the globe.”

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