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Pa. Law Weekly - People in the News - November 23, 2010
Click the headline above to view this week's People in the News listings.A group of investors are hoping to persuade a Delaware Chancery Court judge to block BankAtlantic's proposed sale of $2.1 billion in loans and $3.3 billion in deposits to BB&T. The trial promises to be a big test for BankAtlantic counsel Eugene Stearns of Stearns Weaver Miller Weissler Alhadeff & Sitterson, who's also defending the bank against newly-filed SEC fraud charges.
Cite as: Gabayzadeh v. Brafman, 09 Civ. 4095, NYLJ 1202493981460, at *1 (SDNY, Decided May 11, 2011)District Judge Paul A. CrottyDecided:
Bank of America settles Merrill Lynch claims for a record $2.4 billion
Bank of America Corp. has agreed to pay $2.43 billion to settle alleged federal securities law violations in Bank of America's acquisition of Merrill Lynch & Co. Inc. in 2009.Chronicle of a Future Foretold
Wall Street has changed forever. What about the firms that service the Street?Herron Tapped for Second Tour as FJD Trial Division AJ
The Supreme Court appointed Philadelphia Common Pleas Court Judge John W. Herron to replace Philadelphia Common Pleas Court Judge D. Webster Keogh as the administrative judge in charge of the trial division last week.Poor Prospects Seen for Bills That Ease Up on Home Mortgage Lenders
Consumers appear safe, at least for now, from bills in the hopper that would partially defang New Jersey's law against predatory mortgage lending practices. The legislation is aimed at loosening some of the strictures in the newly effective Home Ownership Security Act, which was hailed as a national model of protection against abusive lending practices. However, despite early momentum, the bills likely will not hobble through the lame duck session that concludes Jan. 13.State AI Legislation Is on the Move in 2024
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