0 results for 'US Securities and Exchange Commission'
Bylaws Limiting M&A Suits to Del. Chancery Court Challenged
Kessler Topaz Meltzer & Check and Prickett Jones & Elliott set a record in the Delaware Court of Chancery less than two months ago when they won a $305 million attorney fee award in the Grupo Mexico shareholder derivative litigation. But that doesn't mean the firms are willing to let companies limit them from bringing M&A shareholder suits in other courts.Former E&Y Partner Arrested Under Sarbanes
Jason [email protected] FRANCISCO-Federal prosecutors have charged a former Ernst Young partner with obstructing an investigation into a failed dot-com, making him one of the first to be charged for that offense under 2002's Sarbanes-Oxley Act. As part of an ongoing investigation, Berkeley, Calif., resident Thomas Trauger, 40, was arrested and appeared before U.SEC Chairwoman Mary Jo White chose Philip Falcone and his hedge fund, Harbinger Capital Partners, as the agency's first target in an effort to extract tougher settlements from defendants. What hasn't been publicly noted is that Harbinger is currently a client of White's former firm, Debevoise & Plimpton.
GCs Making More Money Than Ever
As corporate scandals and the Sarbanes-Oxley reform law have increased GCs' visibility and duties, Fortune 500 companies have been reminded that their chief legal officers are crucial to their businesses. And they're putting their money where their mouths are: Most of the GCs on Corporate Counsel's compensation survey are making more in salary and bonus than ever before.Eastern Law Firms Roll the Dice on Indian Law
Native American law, a well-established practice area west of the Mississippi, is gaining ground at eastern firms, as displaced tribes seek to reclaim ancestral lands and make them profitable. After successful settlements led to two casinos in Connecticut, other tribes started bringing land-claim suits -- and law firms are lining up to help. While tribes' finances are short and the odds of winning long, there are still legal fees to be had, since casino developers are willing to underwrite legal costs.View more book results for the query "US Securities and Exchange Commission"
Eastern Law Firms Roll the Dice on Indian Law
Native American law, a well-established practice area west of the Mississippi, is gaining ground at eastern firms, as displaced tribes seek to reclaim ancestral lands and make them profitable. After successful settlements led to two casinos in Connecticut, other tribes started bringing land-claim suits -- and law firms are lining up to help. While tribes' finances are short and the odds of winning long, there are still legal fees to be had, since casino developers are willing to underwrite legal costs.The Bankruptcy Files: Amid Lehman Anniversary, More New Filings
Five years after the collapse of Lehman Brothers, the bankruptcy landscape has forever changed, but lingering concerns remain about the health of the U.S. economy as new Chapter 11 cases are filed for the likes of Anchor BanCorp, Ecotality, Furniture Brands International, the Irish Bank Resolution Corp., and the publisher of Penthouse magazine.Eastern Law Firms Roll the Dice on Indian Law
Native American law, a well-established practice area west of the Mississippi, is gaining ground at eastern firms, as displaced tribes seek to reclaim ancestral lands and make them profitable. After successful settlements led to two casinos in Connecticut, other tribes started bringing land-claim suits -- and law firms are lining up to help. While tribes' finances are short and the odds of winning long, there are still legal fees to be had, since casino developers are willing to underwrite legal costs.Corporate Citizenship: U.S. Supreme Court Designates a Single Test
Consider the plight of the general counsel of Hertz Corp., a company with operations in 44 states. As a Delaware corporation with its headquarters in New Jersey, it had considered itself a citizen of Delaware and New Jersey for purposes of determining federal diversity subject-matter jurisdiction under 28 U.S.C. Section 1332 and well-established precedent in the 3rd U.S. Circuit Court of Appeals.Trending Stories
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