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Nardelli, J.P., Mazzarelli, Sullivan, Ellerin, Marlow, JJ. 2301 Michael Zurakov, etc., Plaintiff-Appellant, John Blim -against- Register.Com, Inc., e
District Judge Lewis A. Kaplan U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK United States Attorney: Preet Bharara Jason B. Smith, Ryan Poscablo, Elie H
By Ellerin, J.P., Williams, Lerner, Friedman, JJ. 2808-2809-2810 Eugenia J. Fiala Plaintiffs-Appellants-res, v. Metropolitan Life Insurance Company, Defendant-res-ap
After 'Citizens United,' Companies Hold Off on Political Ads
After the Supreme Court ruled that companies can spend freely on political advertising campaigns, good-government advocates, liberal commentators and even the president warned that a flood of corporate money would overwhelm elections and subvert democracy. But the real impact of the decision may be much less extreme, say in-house attorneys and election law experts. Few companies are looking for new ways to spend money in these tight times. Plus, many businesses are aware of the dangers of appearing excessively partisan.In its biggest suit yet, the National Credit Union Administration claims Bear Stearns sold $3.6 billion in shoddy mortgage-backed securities to four failed credit unions. But just like the cases that the Federal Housing Finance Agency brought against a slew of banks, the NCUA suits are in limbo as federal appeals courts weigh whether the agencies waited too long to sue.
Hogan and Lovells Partners Approve Merger
Partners at Hogan & Hartson and Lovells signed off on their megamerger in separate votes that ended at midnight on Monday.Insider Trading Rules About to Change
Starting Oct. 23, a little-noticed Securities and Exchange Commission rule will permit employees to legally trade their company's shares even if they are aware of material inside information. The catch: Trades must be made under a written plan created before the insider knew of the stock-sensitive development. The rule could be a boon for corporate executives and employees of smaller companies.Manhattan federal district court judge Jed Rakoff has been stewing for years over the SEC's approach to settlements with alleged Wall Street malefactors. In his ruling Monday rejecting the agency's settlement with Citigroup over is marketing of an ill-fated CDO, the judge finally boiled over.
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