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October 10, 2003 |

People In The News

Movers and Shakers in the Philadelphia Legal Community
5 minute read
Trial Underway Against Bank of America Over Sale of Asset-Backed Securities
Publication Date: 2008-10-29
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Justice Department Indicts Senior UBS Executive for Tax Fraud; Covington & Burling Will Lead Defense
Publication Date: 2008-11-13
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New York Judge Dismisses Refco Trustee's Suit Against Mayer Brown, Banks, and Accounting Firms
Publication Date: 2009-04-15
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Slowly but surely the firm is beating back suits that accuse it of complicity in the fraud that brought down the brokerage in 2005. Last month Mayer Brown was dismissed from a shareholder class action; Tuesday it escaped the Refco bankruptcy trustee's suit.

January 30, 2012 |

Social Skills

Maximizing social media options
2 minute read
Countrywide Reportedly Agrees to Biggest-Yet Settlement of Subprime Securities Class Action
Publication Date: 2010-04-23
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Judge Mariana Pfaelzer in L.A. put this case--unlike so many subprime-related shareholder suits--on track to settle when she denied Countrywide's motion to dismiss and later certified the class. Now the L.A. Daily Journal reports that Countrywide and top execs have agreed to a $600 million deal.

December 23, 2005 |

Power Company Calpine Files Year's Largest Bankruptcy

Power generation company Calpine Corp. filed for Chapter 11 late Tuesday. It is the country's largest bankruptcy this year by assets and the eighth largest in U.S. history. The builder, owner and operator of power plants cited numerous reasons for its bankruptcy petition and those of 19 affiliates. The final straw for Calpine was the Delaware Supreme Court's affirmation of a Court of Chancery ruling on litigation over the company's use of asset sale proceeds for fuel purchases.
6 minute read
Richard Strassberg of Goodwin Procter
Publication Date: 2010-07-01
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For any white-collar defense attorney, it's a big week when your client walks away from charges or is cleared of wrongdoing. If it happens twice in five days, it's a career milestone. Just ask Strassberg.

May 10, 2010 |

Monthly Lateral Report

The latest lateral moves.
3 minute read
Supreme Court Advocate Mark Levy Dead of Gunshot Wound at Kilpatrick Stockton's Offices
Publication Date: 2009-04-23
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We've previously written about two of Levy's appellate victories. Now we have the sad duty to tell you of his apparent suicide. We talked to his last Supreme Court opponent, David Furlow, and to his old friend Seth Waxman about the Kilpatrick Stockton lawyer.

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