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January 01, 2011 |

Opening Statements: Greece

Greeks believe that, like yogurt and honey politics and bribery simply go together. Political corruption is something that people gripe about, and then tacitly accept. But not this time.
2 minute read
June 01, 2006 |

New Deals

Ashmore Energy International Ltd. has purchased Enron Corp's Prisma Energy International Inc. business, which holds Enron's international energy assets, in a deal worth $2.9 billion. The deal includes $800 million in dividends that Enron received from Prisma earlier in the year. Also, Cequel Communications LLC and Cequel III, LLC, have purchased cable television systems from Cox Communications, Inc., an Atlanta-based provider of telecommunications and cable products, for $3.2 billion.
3 minute read
March 17, 2008 |

New York Practice

Thomas F. Gleason, a member of Gleason, Dunn, Walsh & O'Shea and an adjunct professor at Albany Law School, writes that there has been a flurry of legislative interest in the Court of Appeals' recent "libel tourism" decision, in which the Court rejected New York personal jurisdiction over a Saudi Arabian domiciliary who had obtained a libel default judgment against a New York author in London, England.
11 minute read
Khuzami's Predictable Choice
Publication Date: 2013-07-31
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Former SEC enforcement chief Robert Khuzami's move to a lavishly-paid gig at Kirkland & Ellis doesn't come as any surprise. And that's a shame, says The American Lawyer's Susan Beck.

July 29, 2004 |

New Deals

Denver-based Coors and Montreal's Molson recently announced a merger of equals to create the world's fifth-largest brewing company, with revenue of about $6 billion a year, but they couldn't have done it without the help of a lot on New York lawyers.
4 minute read
Kramer Levin's Berke on Deck to Defend SAC's Steinberg
Publication Date: 2013-03-29
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Will Barry Berke of Kramer Levin Naftalis & Frankel help stymie the ever-widening insider trading probe of the hedge fund SAC Capital Advisors? Or will Berke's client be just another step up the ladder for prosecutors determined to nab the fund's billionaire founder, Steven Cohen?

Khuzami Rebuts Rakoff Criticisms in Speech to Consumer Group
Publication Date: 2011-12-01
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While SEC Enforcement Director Robert Khuzami didn't mention Manhattan federal district court judge Jed Rakoff during a speech on Thursday to the Consumer Federation of America, his comments were a clear rebuttal to the judge's ruling on Monday in which he criticized the SEC's practice of not requiring defendants to fess up to violations when settling.

McNamee v. Clemens, 09 CV 1647 (SJ) (CLP)
Publication Date: 2011-02-09
Practice Area: Torts
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Court: U.S. District Court, Eastern District
Judge: District Judge Sterling Johnson
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For plaintiff: Attorneys for Plaintiff: By: Earl Ward, Richard D. Emery, Debra L. Greenberger, Emery Celli Brinckerhoff & Abady LLP, New York, NY
For defendant: Attorneys for Defendant: By: Evan Glassman, Joe M. Roden, Michael C. Miller, Steptoe & Johnson LLP, New York, NY
Case number: 09 CV 1647 (SJ) (CLP)

Cite as: McNamee v. Clemens, 09 CV 1647 (SJ) (CLP), NYLJ 1202480692327, at *1 (EDNY, Decided February 4, 2011)District Judge Sterling Johnsonp class="decid

November 07, 2001 |

Judge Won't Consider Expert Testimony in Recusal Motion Over Investments

Lawyers seeking the recusal of federal Judge Shira Scheindlin in New York from presiding over nearly 900 consolidated suits over initial public offerings may not use testimony from ethics experts to support their motion, Scheindlin ruled, saying experts may testify only on factual matters. Lawyers allege Scheindlin and her family own shares in some of the technology companies that were sued by investors.
4 minute read
November 07, 2012 |

Don't Bend 'American Pipe'

Barbara J. Hart and David C. Harrison, partners at Lowey Dannenberg Cohen & Hart, review decisions that have eviscerated the tolling protections of 'American Pipe' for the vast bulk of investors in MBS class litigation, and the recent Second Circuit holding that has mitigated this harsh trend in favor of a standing approach based upon Rule 23's class action requirements.
12 minute read

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