"The largest release yet of Justice Department records on Epstein reveal that Karp, the chairman of elite law firm Paul Weiss, was often in near orbit as Black paid the convicted sex offender $158 million for financial advice over the years - with Karp sometimes helping set the amounts. In a twist, he and Epstein also formed what they both called a "friendship" - musing in messages, arranging to attend a Woody Allen film premier and meeting up, including for dinner at Epstein's Manhattan home."
"Those old ties - now exposed - just came to an abrupt head, with Karp resigning from the perch he held atop one of New York's biggest law firms since 2008. "Recent reporting has created a distraction and has placed a focus on me that is not in the best interests of the firm," Karp said in a statement late Wednesday. Paul Weiss said he will continue serving clients at the firm."
Justice Department records reveal Brad Karp, chairman of Paul Weiss, frequently interacted with Jeffrey Epstein while Leon Black paid Epstein $158 million for financial and tax advice. Karp sometimes helped set payment amounts and developed a personal "friendship" with Epstein, attending events and dining at Epstein's Manhattan home. Karp resigned from Paul Weiss citing distraction and potential harm to the firm, while the firm continues serving clients. Epstein criticized Black's office as sloppy, warned of tax and reputational risks, and urged Karp to press Black to upgrade his management. Black later acknowledged paying substantial sums to conceal a consensual affair.
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