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October 01, 1984 |

Continental's Lifeline Spun by Lawyers

As well as anyone, H. Rodgin Cohen knows that history has a way of topping itself. In 1974, as a 30-year-old associate at New York's Sullivan & Cromwell, the wiry young Harvard graduate worked overtime to help devise a plan to protect the depositors of Franklin National Bank in what was then the nation's largest post-World War II bank failure. Ten years later to the day, Cohen found himself up to the elbow in a similar task: salvaging the $41 billion Continental Illinois National Bank & Trust Co. of Chicago, a money center bank that was nearly 12 times the size of the Long Island-based Franklin. As Continental's outside counsel, Cohen would play the central role in devising the largest bank bailout in U.S. history. That rescue was finally completed last week after the bank's shareholders overwhelmingly voted to approve the plan.
26 minute read
July 15, 2005 |

Local Lateral Moves Take Significant Jump in 2005

Only halfway through this calendar year, The Legal has already tracked more lateral partner moves in Philadelphia than during all of 2004.
6 minute read
March 25, 2008 |

Clinton calls for legal protections for honest mortgage lenders

PHILADELPHIA AP - Democrat Hillary Rodham Clinton proposed several remedies to the nation's home mortgage problems Monday, including one tool more often associated with Republicans than Democrats.The New York senator proposed greater protections for lenders from possible lawsuits by investors, a variation of so-called tort reform.
4 minute read
February 04, 2005 |

Post & Schell Adds Two Lateral Partners

Post & Schell has continued its attempts to diversify beyond insurance defense litigation by adding two more lateral partners from local law firms.
5 minute read
October 18, 2013 |

Attorneys Reinstated From Ineligible List

Notice to the bar.
3 minute read
Law Journal Press | Digital Book White Collar Crime: Business and Regulatory Offenses Authors: Otto G. Obermaier, Robert G. Morvillo (deceased), Robert J. Anello, Barry A. Bohrer View this Book

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December 30, 2010 |

U.S. companies lobby for tax holiday on offshore earnings

U.S. companies with overseas operation have been lobbying for a tax holiday on offshore earnings, but they're already finding plenty of ways to avoid taxes.
6 minute read
January 13, 2012 |

On the Move

A weekly report of lawyer moves and law firm changes. Keep abreast of where movers and shakers are going and what they're doing.
5 minute read
July 15, 2002 |

Making the Rules

"Master of the Senate," Robert Caro's newest book on Lyndon Johnson, looks, in part, at the master politician's legal side -- the way he "stretched the rules of the game to their breaking point" and used his lawyer skills to woo some and destroy others. Ultimately, as the book shows, LBJ would flout fundamental law in his bid to be chair of the Senate Democratic Caucus after becoming vice president.
9 minute read
August 08, 2008 |

U.S. Seeks at Least 30 Years for Bin Laden Driver

Salim Hamdan, convicted on Wednesday of aiding terrorism by chauffeuring bin Laden around Afghanistan at the time of the Sept. 11 attacks in 2001, pleaded on Thursday with a military jury to spare him from a life in prison. He apologized for the "innocent people" who died in the attacks and said he worked as Osama bin Laden's driver only because he needed a job. Prosecutors asked for a sentence of no less than 30 years, asking the six Pentagon-appointed jurors to make an example of him.
4 minute read
May 19, 2006 |

Former Client Perot Sues Hughes & Luce Over Flight Museum Troubles

A T-38 Talon training jet in Dallas' Frontiers of Flight Museum is central to a high-flying legal dispute. H. Ross Perot Jr. -- son of famous Texas billionaire H. Ross Perot Sr. -- tried to get the government to let him fly the plane as an operable museum centerpiece, becoming the subject of a probe in the process. Now Perot and others are suing Hughes & Luce, which advised them on the plane purchase, and Hughes & Luce partner Stephen G. Gleboff, who initially represented Perot's interests.
13 minute read

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