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June 06, 2007 |

The SEC's Setbacks in Litigation

One of the most fought over quotes from football is: "Winning isn't everything. It's the only thing." By its recent track record in the litigation arena, the U.S. Securities and Exchange Commission has not been in very good compliance with that maxim. Attorney C. Evan Stewart reviews some of the SEC's litigation setbacks, and attempts to draw a few lessons for those who might be contemplating litigating matters with the proverbial 800-pound gorilla.
15 minute read
June 07, 2001 |

Federal Judge Rules for Tribe in New York Tax Dispute

Expressing frustration that the judiciary is left to clean up the Indian land claim mess, a federal judge in New York has barred an upstate city and county from collecting property taxes levied against the Oneida Nation. The judge held that under the 207-year-old Treaty of Canandaigua, the land at issue in Madison and Oneida counties is "Indian Country" and, as such, is immune from property taxes.
6 minute read
June 13, 2006 |

Former Milberg Partners Seek Capital, Fees

As the legal community ponders whether the criminal indictment of Milberg Weiss Bershad & Schulman will eventually lead to that firm's dissolution, two of its former partners are arguing that the firm actually dissolved two years ago at the time of its bi-coastal split.
5 minute read
September 17, 2010 |

A Banner Week for Ponzi Schemers

There's been no shortage of Ponzi schemers getting caught or coming clean since the economy went south two years ago. But this week seemed to set a record in the sheer number of fraudsters that were charged, entered pleas, or received sentences.
4 minute read
June 22, 2001 |

Court Rejects Challenge to Zenith Bankruptcy

Rejecting challenges to the bankruptcy reorganization of Zenith Electronics, the 3rd U.S. Circuit Court of Appeals held that the objectors' claims are "equitably moot" because the restructuring plan "has already been substantially consummated." But Judge Samuel A. Alito said he joined the opinion reluctantly and he fears the 3rd Circuit has expanded the equitable mootness doctrine too far.
9 minute read
March 18, 2010 |

Cohen Milstein and BuckleySandler Feud Over Homebuilder Case

Two mortgage fraud investigations have sparked a spat between high-powered Washington, D.C., law firms. Citing an alleged conflict of interest, BuckleySandler filed a federal suit seeking to bar the Arizona and Nevada AGs from employing Cohen, Milstein, Sellers & Toll to investigate potential mortgage fraud cases against Pulte Homes. Cohen Milstein has demanded that BuckleySandler correct "knowingly false assertions" in its complaint and accused it of engaging in "a disgraceful and intolerable abuse of process."
3 minute read
December 29, 2010 |

News In Brief

4 minute read
February 13, 2007 |

Oneida Nation Builds In-House Firm

7 minute read
April 06, 2010 |

True ... or FALSE? New Surge of Patent Whistleblower Suits

Recent federal appellate decision unleashes a wave of whistleblower suits accusing companies of falsely labeling their products as covered by patents. Plaintiffs' lawyers have filed more than 130 new lawsuits, and defense lawyers are bracing for more.
7 minute read
May 17, 2010 |

CALENDAR

2 minute read

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