0 results for 'Bank of New York Mellon'
Determining Document Control in Third-Party Legal Holds Is Complex
Paul Weiss partners H. Christopher Boehning and Daniel J. Toal write that document control is easy to establish when a party to the litigation has possession or custody; when third parties possess documents that may be relevant to an action, however, determining "control" can be more complicated.Serial BofA settlement challenger David Grais of Grais & Ellsworth dropped the latest bombshell just one business day after removing the case to federal court.
Court Approves Broad Injunctive Relief in Case Over Sovereign Debt Instruments
In their Second Circuit Review, Paul, Weiss, Rifkind, Wharton & Garrison members Martin Flumenbaum and Brad S. Karp review a decision in which the court concluded that Argentina breached a promise to repay certain bondholders in the wake of the nation's default, and upheld a wide-ranging injunction designed to help cure the breach.View more book results for the query "Bank of New York Mellon"
Reed Smith Sees Profits Rise as Revenue Dips
Reed Smith reached the $1 million profits per equity partner mark in 2009 with a 7 percent increase. Although revenues could have reached the $1 billion milestone with a mild rise, they instead dipped by 3.8 percent, to $942 million. Reed Smith managed the feat of raising profits on falling revenue by squeezing the traditional pyramid structure: While the equity partnership grew by 4 percent, the firm shrank the ranks of non-equity lawyers by nearly 6 percent, and staff by about 4 percent.Daily Decision Service Alert: Vol. 21, No. 163 - August 21, 2012
Daily decision alert.BNP claims BoNY has improperly distributed insurance proceeds from a mortgage-backed securitization trust it oversees.
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