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Arguably the most powerful corporate adviser in America, Martin Lipton was the New York Stock Exchange's chief outside corporate counsel. Now Lipton and his firm, Wachtell, Lipton, Rosen & Katz, are no longer getting work from the landmark financial institution, according to an exchange spokesman. Lipton had come under fire for his role advising the exchange and its former chairman, Richard Grasso, about Grasso's nearly $200 million pay package.
September 14, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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