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Paul Weiss Steps in to Defend Newly-Certified Class Action Against BofA over Merrill Deal
Publication Date: 2012-04-23
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For close to two years, counsel for Bank of America at Cleary Gottlieb and Wachtell Lipton have been struggling--and largely failing--to tame consolidated securities, ERISA, and derivative litigation over BofA's 2008 merger with Merrill Lynch. Will Brad Karp, Ted Wells, and their partners at Paul Weiss fare any better?

November 01, 2011 |

Cases to Watch

Six litigations likely to have a big impact on rapidly changing areas of the law.
16 minute read
April 17, 2013 |

Judge denies former Sen. D'Amato $1 million claim in Rothstein Ponzi

Former U.S. Senator Alfonse D'Amato's $1 million investment in Scott Rothstein's Ponzi scheme was revealed when a bankruptcy judge denied his claim for repayment.
3 minute read
Bank of America v. Satnarine Maharaj, 5804-2010
Publication Date: 2010-10-14
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Court: Supreme Court, Suffolk County
Judge: Before: Justice Peter H. Mayer
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Case number: 5804-2010

Cite as: Bank of America v. Satnarine Maharaj, 5804-2010, NYLJ 1202473328131, at *1 (Sup. SU, Decided September 21, 2010)Before: Justice Peter H. Mayerp cl

Ninth Circuit Hands Securities Plaintiffs One Mixed Bag, One Loss
Publication Date: 2013-01-02
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The chief judge of the U.S. Court of Appeals for the Ninth Circuit handed plaintiffs securities lawyers a partial victory Wednesday, while one of his protégés handed them a flat-out defeat.

January 23, 2009 |

What Is the Propriety of Service Of Process on Foreign Central Banks?

Stephen M. Harnik, a partner at Harnik Wilker & Finkelstein, and Christian Votava, an associate at the firm, whether characterized as the state itself or an "agency or instrumentality" of the foreign state, service of process on a foreign central bank regardless of the existence or designation of its U.S. presence should have to be made exclusively under �1608(a). Until such time as the FSIA may be so amended, they conclude, foreign central banks with offices in the United States may be advised to seek to acquire consular status.
21 minute read
February 28, 2008 |

Goldman, Lehman may not have dodged credit crisis

5 minute read
October 18, 2010 |

News In Brief

4 minute read
June 11, 2010 |

Creative oathing: Some suggestions for Wall Street

A few weeks ago, Bloomberg News reported that, in just the past year, hundreds of students at the Harvard Business School have taken something called the M.B.A. Oath. Endorsed by Harvard's dean and replicated by other business schools, the oath comes in two sizes: an important-sounding long version and a punchy executive summary, consisting of seven crisp bullet points.
5 minute read
September 11, 2012 |

Tougher Dodd-Frank fiduciary standard for U.S. brokers stalled

The Securities and Exchange Commission, which has been drafting a proposal to raise standards for brokers advising retail investors for almost two years, has scheduled no action on the measure even as 2012 wanes and a presidential election approaches.
5 minute read

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