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Deloitte Escapes Class Action over Longtop Audit
Publication Date: 2012-11-16
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Deloitte's lawyers at Sidley Austin persuaded a judge in Manhattan that their client was duped like everyone else by alleged fraud at Longtop Financial, the U.S.-listed Chinese software company that collapsed in 2011 under the weight of a massive accounting scandal.

Heavy-Hitters Hit Pfizer with New Securities Suit, Highlighting Opt-Out Trend
Publication Date: 2012-11-15
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Two months after opting out of a class action against Pfizer, a group of major public and private institutional investors are taking matters into their own hands. On Thursday the breakaway investors and their lawyers at Bernstein Litowitz filed their own securities fraud suit, accusing Pfizer of duping shareholders about risks associated with two once-blockbuster drugs.

August 31, 2012 |

Appeals Court Sets Guidelines for Custody Fights in Foreign Forums

A family court judge wrongly dismissed a child custody claim before determining whether the child's home state was here or in Pakistan, a New Jersey appeals court rules.
4 minute read
December 18, 2003 |

Lawyers on Major Transactions

Read about the $2.6 billion deal brokered by New York lawyers to create one of the world's largest independent music companies. Also, China's largest life insurer will raise more than $3 billion in the world's largest initial public offering of the year with local lawyers playing key roles.
3 minute read
September 06, 2007 |

It takes an army of lawyers to rebuild at Ground Zero

REBUILDING WAS THE DEVELOPER'S DREAM-and his right, according to his lawyers from Wachtell, Lipton, Rosen Katz. But after the towers fell, New York city and state authorities seemed to have done everything possible to elbow him out of the way, even as Silverstein ponied up $100 million a year to rent a hole in the ground.
26 minute read
September 11, 2007 |

The Biggest Job: Wachtell and What It's Taking to Rebuild Ground Zero

Representing Larry Silverstein in his quest to rebuild at Ground Zero has been the most demanding project that Wachtell Lipton has ever undertaken, with 71 lawyers working 100 hours or more on World Trade Center matters since 2001. It has also been Wachtell's most emotionally taxing representation. But at the behest of Silverstein, several Wachtell partners agreed to talk about all but the most confidential aspects of the deals, which many people say include the most complex agreements they have ever seen.
27 minute read
May 01, 2005 |

Race to the Top

Milbank, Tweed, Hadley & McCloy arrived in Frankfurt in 2001 with just two American partners, planning to recruit some German laterals and build a great local practice. Things took a bit longer than expected. "As we ended 2003, we really had made very little progress in Germany," Milbank chairman Mel Immergut admits.
12 minute read
September 11, 2007 |

The Biggest Job: Wachtell and What It's Taking to Rebuild Ground Zero

Representing Larry Silverstein in his quest to rebuild at Ground Zero has been the most demanding project that Wachtell Lipton has ever undertaken, with 71 lawyers working 100 hours or more on World Trade Center matters since 2001. It has also been Wachtell's most emotionally taxing representation. But at the behest of Silverstein, several Wachtell partners agreed to talk about all but the most confidential aspects of the deals, which many people say include the most complex agreements they have ever seen.
27 minute read
December 08, 1999 |

Fields Dreams of Internet Riches

The glow of Internet riches isn't just attracting associates away from law firms. Now it's top partners who are venturing out to become "dot.com" entrepreneurs. On Dec. 2, Richard Fields, a partner at Swidler Berlin Shereff Friedman whose insurance coverage group brings the firm as much as $50 million a year, left Swidler to launch a novel Internet start-up company -- a venture he hopes will permit legal claims against insurance companies to be freely traded like stocks and bonds.
6 minute read
April 13, 2007 |

Alitalia, Iberia bids herald new wave of buyers

WHEN OAO AEROFLOT announced a bid for Alitalia SpA last week, it could have been taken as an April Fool's joke that came a day too late, like many of the planes operated by both airlines. It turns out that Russia's largest carrier is serious about joining UniCredit SpA in taking control of the Italian airline that remains one of the biggest in Europe.
4 minute read

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