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Court Puts New York Litigation on Hold in NYSE M&A Battle
Publication Date: 2013-03-19
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It will be up to Delaware Chancellor Leo Strine Jr., not New York Supreme Court Justice Shirley Kornreich, to preside over the crucial next two months of arguments in shareholder litigation over NYSE Euronext's $8.2 billion sale to IntercontinentalExchange.

Go Nukes: Federal Circuit Rules for Utilities in Multibillion Dollar Battle with Government Over Radioactive Waste
Publication Date: 2010-01-12
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The opinion breaks a jurisdictional jam and could lead to as much as $50 billion in damages against the U.S.

Judge Allows Claims Against Outside Auditors in China Expert Securities Class Action
Publication Date: 2011-07-20
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The ruling by Manhattan federal district court judge Alvin Hellerstein could help fan the fan the flames of securities litigation tied to U.S.-listed Chinese companies.

The Long Dance Is Almost Over: UBS and Justice Announce Agreement in Principle, Details Not Yet Disclosed
Publication Date: 2009-07-31
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We've been waiting for this news for a week: On Friday, a government lawyer said the Justice Department and the Swiss bank had reached a settlement on the disclosure of the names of 52,000 wealthy Americans with UBS accounts, though he said it would take some time to finalize it. The announcement means we've almost come to the end of the delicate, diplomatic negotiations between the U.S. and Switzerland.

The City of New York v. Mickalis Pawn Shop, LLC, 08-4804-cv
Publication Date: 2011-05-06
Practice Area: Civil Practice
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Court: U.S. Court of Appeals, Second Circuit
Judge: Before: Sack and Wesley, C.JJ, and Eaton, Judge.**
Attorneys:
For plaintiff: Frederick a. Brodie (Kenneth W. Taber, of counsel), Pillsbury Winthrop Shaw Pittman, LLP, New York, N.Y.; Eric Proshansky, Assistant Corporation Counsel (Richard J. Costa, Ari Biernoff, of counsel), for Michael A. Cardozo, Corporation Counsel of the City of New York, New York, N.Y., for Plaintiff-Appellee City of New York.
For defendant: Justin S. Kahn, Kahn Law Firm, Charleston, S.C., for Defendant-Appellant Mickalis Pawn Shop, LLC. John f. Renzulli (Scott C. Allan, of counsel), Renzulli Law Firm, LLP, White Plains, N.Y., for Defendant-Appellant Adventure Outdoors, Inc.
Case number: 08-4804-cv

Cite as: The City of New York v. Mickalis Pawn Shop, LLC, 08-4804-cv, NYLJ 1202493061134, at *1 (2d Cir., Decided May 4, 2011)Before: Sack and Wesley, C.JJ, and

Bondholders Gear Up to Sue BofA, Bank of New York over $47 Billion in Countrywide Mortgage-Backed Securities
Publication Date: 2010-10-19
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On Monday the bondholders' counsel, Gibbs & Bruns, sent a notice of non-performance to the banks, claiming that the Countrywide bond offerings were backed by mortgages that didn't meet contractual underwriting standards. The next step will be a suit demanding more than $20 billion in buybacks.

August 28, 2006 |

Prominent Corporate Lawyers Didn't Stop Shady Options Deals

A review by The Recorder of SEC filings for 17 companies that had prominent Silicon Valley lawyers serving as directors has uncovered questionable option grant dates for executives at five. While the grant patterns aren't necessarily evidence of wrongdoing, they do suggest that suspect pay practices at startups may be more commonplace than previously thought. They also raise new questions about what some name-brand lawyers knew, or should have known, in their roles as directors.
8 minute read
December 01, 2009 |

News in Brief

5 minute read
July 05, 2007 |

As Firms Grow, Who Can't Afford to Stand Still?

A recent lack of merger activity involving Washington, D.C., law firms may be only a lull. Managing partners and recruiters theorize that firms are biding their time, doing their due diligence before starting a new round of the dating game. Says one partner, "I think we're in the pre-earthquake stage. Certain offices are starting to lose talent, and at some point there's going to be a seismic shift." Which firms are most likely to merge in the coming years? Industry insiders explain their forecasts.
13 minute read
Another Mortgage-Backed Securities Case for Quinn Emanuel: Quinn Client BNP Paribas Sues BoNY
Publication Date: 2011-01-20
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BNP claims BoNY has improperly distributed insurance proceeds from a mortgage-backed securitization trust it oversees.

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