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Cite as: CSX Corporation v. The Children's Investment Fund Management (UK) LLP, 08-2899-cv (L), NYLJ 1202503282709, at *1 (2d Cir., Decided July 18, 2011)Before
We weren't the only ones disgruntled at the relatively small fine the SEC levied against BofA to settle charges that the bank lied to investors about Merrill Lynch bonuses when BofA acquired Merrill last September. On Monday, Manhattan federal district court judge Jed Rakoff will grill lawyers from the agency and the bank on the details of the proposed settlement--including why it's so small and whether taxpayer money will be used.
Howrey antitrust cochair Trevor Soames acted as Microsoft's lead lawyer. Reached on a cold and rainy night in Brussels (quelle surprise!), Soames said his client "is delighted that the war between it and the commission seems to have come to an end."
The Australian investment bank Macquarie Group must face claims that it paid a consultant to dupe Syncora Guarantee Inc. into insuring the $500 million refinancing of an infrastructure project, a judge in Manhattan ruled Wednesday, handing a win to Quinn Emanuel's Jonathan Pickhardt.
Cite as: Fairfield Sentry Ltd, 10-13164 (BRL), NYLJ 1202495309817, at *1 (Bankruptcy Court, NY, Decided May 23, 2011)Bankruptcy Judge Burton R. Liflandp cl
Does the Future Belong to Cadwalader?
Cadwalader, Wickersham & Taft has surged into the top ranks of profitability. Under Chairman Robert Link, the firm went through a controversial transformation into perhaps the nation's most aggressively profit-focused law firm. Today's Cadwalader, at which big producers are lavishly rewarded and underperformers are shown the door, presents a stark alternative to the more conservative ways of traditional top-tier firms. But the firm also has a reputation for ruthlessness that suits some but turns off others.Trending Stories
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