Sign in to follow
Search Results

0 results for 'Skadden'

You can use to get even better search results
January 21, 2005 |

Investors' Failure to Link Merrill's Reports to Losses Is Fatal to Suits

Investors who blamed Merrill Lynch analysts for Internet stocks' price collapse failed to charge specifically how misleading reports and ratings caused their losses, properly leading to the suits' dismissal, the 2nd Circuit has ruled. In a decision expected to raise the bar for suits based on analyst recommendations and to jeopardize other actions against Merrill Lynch, the circuit said requirements for pleading "loss causation" demand a direct, tangible link between analysts' actions and investor losses.
5 minute read
July 21, 2006 |

Ex-CEO Charged in Backdating Probe, as SEC Weighs Others' Conduct

On Thursday, the Securities and Exchange Commission announced criminal and civil complaints against the former CEO of Brocade Communications Systems -- the first charges in the stock option backdating probe that's hit about 80 companies, many in Silicon Valley. But even as the SEC chairman excoriated Gregory Reyes, lawyers and accountants for the government, companies and executives are attempting to figure out how to separate the truly criminal conduct from less nefarious errors in dating options grants.
5 minute read
November 22, 2010 |

Cleary Set to Launch New Brazil Office

Cleary Gottlieb Steen & Hamilton on Friday announced its intentions to open an office in Sao Paulo, Brazil in 2011, subject to approval of Brazilian authorities. "Brazil is a significant part of our Latin America practice, which began over 50 years ago and includes more than 100 lawyers," Cleary managing partner Mark Walker said in a statement from the firm. The Brazil office will be managed by New York partner Juan Giraldez and Rome partner Francisco Cestero, both of whom will relocate to Sao Paulo.
2 minute read
November 20, 2006 |

Law Students Emphasize Child Rearing, but Are Firms Listening?

As talk about work-life balance continues with questionable impact on the lives of attorneys at firms, more women are having babies while earning their J.D.s. "A huge advantage of law school is that your time flexibility is just incredible. I only have classes two days a week," says Catherine Tornabene, who is in her third year at Hastings College of the Law and has a 2-year-old son, Nathaniel. Indeed, law school administrators and students say such careful logic is driving a parent boom among students.
5 minute read
September 27, 2010 |

FTC Loses Slam-Dunk Antitrust Case Against Maker of Medicine for Premature Babies

Lundbeck Inc. allegedly cornered the market on a medicine for premature babies with life-threatening heart defects, raising prices 1,300 percent. The Federal Trade Commission, with support from Minnesota, sued the company in Minneapolis federal court in December 2008, seeking the strongest civil antitrust penalties possible. All the elements were in place: the most sympathetic victims, clear-cut evidence of an astronomical price hike, no other drug treatment options. And yet, the government lost the case on every claim.
7 minute read
October 15, 2007 |

Freshfields and Sidley Cases Demonstrate Challenge of Aging Partnerships

Two cases on either side of the Atlantic point to a key issue facing law firms: pressures caused by an aging partnership. Magic Circle firm Freshfields Bruckhaus Deringer emerged victorious in a dispute with a former partner over the reform of the firm's pension scheme. And Sidley Austin agreed to pay $27.5 million to 32 former partners who were demoted to counsel when in their 50s and 60s. There are clear distinctions between the cases, but they show the demographic time bomb at most U.K. and U.S. firms.
4 minute read
February 01, 2005 |

Bingham McCutchen Builds on Merger Strategy

A series of mergers have brought Bingham McCutchen geographic diversity, a smart blend of practices and a seemingly unquenchable thirst for more. The firm seems blessedly free of some illusions: It's not Cravath, Swaine & Moore and doesn't aim to be. But its partners, and especially its leader, are determined to keep climbing the ladder. The goal, in Chairman Jay Zimmerman's words: "To become the best national firm in five to seven years." If they don't get there, it won't be for lack of trying.
20 minute read
July 17, 2001 |

Licensing Agreements: How to Draft and Enforce Them

What are the business advantages and disadvantages to granting a license? D. Patrick O'Reilley of Finnegan, Henderson, Farabow, Garrett & Dunner and a panel of licensing experts discuss these issues and many more in law.com's ongoing online seminar "Licensing Agreements: How to Draft and Enforce Them."
11 minute read
May 17, 1999 |

Big-firm Summer Associate Hiring Up

Flush with record profits, some of the country's largest law firms are hiring summer associates in record numbers. Take New York's Debevoise & Plimpton. It nearly doubled the size of its program this year, to 98 from 51. It's hardly alone. A number of large firms have summer associate classes of more than 160 students.
5 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources