0 results for 'Skadden'
SEC Blamed for Delay in Indictment of Former McAfee General Counsel
The first Silicon Valley lawyer to come under government scrutiny for stock options problems is getting one more reprieve before being indicted. While it has been clear for nine months that Kent Roberts, the former general counsel of McAfee Inc., is in trouble, there's been a string of delays in his case. The latest, say people with knowledge of the case, is because the Washington, D.C.-based SEC lawyers want to file civil charges at the same time -- and they're not ready yet.Cite as: Louisiana Stadium v. Merrill Lynch, Pierce, Fenner & Smith, 10-889-cv, NYLJ 1202475341391, at *1 (2d Cir., Decided November 22, 2010)Before: Cabran
Judge: Evidence Shows Government Influenced KPMG's Defense Fees Policy
New York federal Judge Lewis Kaplan had some strong words for a prosecutor on Wednesday as he wrapped up a hearing on whether the government coerced KPMG into threatening to cut off legal fees for employees and partners who refused to cooperate with an investigation into allegedly illegal tax shelters. Kaplan indicated that he did not believe that KPMG capped or cut off legal fees to non-cooperators on its own and that the evidence showed the government used a whiphand to influence policy at the firm.Judge Refuses to Reconsider Merrill Cases
Citing a host of media reports that he said put the "reasonably intelligent investor" on notice, Southern District of New York Judge Milton Pollack has rejected a motion to reconsider dismissal of two cases against Merrill Lynch & Co. Investors in 24/7 Real Media and Interliant Inc. were unhappy about the judge's June 30 dismissal of claims that conflicts led Henry Blodgett and other Merrill analysts to hype the stocks they had no business touting.Are Two Venerated D.C. Law Firms Destined for a Slow Fade?
The transition to a more competitive environment has not been easy: How much do law firms expand? In what areas? How do they balance firm culture with the need to compete for everything from talent to clients? Two old-line institutions -- Arnold & Porter and Covington & Burling -- seem to be having trouble adjusting to Washington's new paradigm. "It's been a time of some transition in our firm as we moved from a time of big litigation to a more diverse practice," says Arnold & Porter Chairman Thomas Milch.Law Firms Gauge the Outlook for Outsourcing
Corporate hard times may not be all bad news for law firms. The economic crunch is causing more and more companies to change the way they do business, and that has given rise to a new niche practice area for law firms: helping clients outsource parts of their business to cheaper labor markets, often overseas.Trending Stories
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