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Fed does what can't be done directly in twist of political fate
Federal Reserve Chairman Ben Bernanke has found in Operation Twist a way to expand his record monetary stimulus without provoking his critics.Pleading Securities Fraud With Particularity
Two significant securities law cases were recently decided by the Second Circuit. In Stevelman v. Alias Research Inc., the court reversed dismissal of a complaint, finding sufficient allegations of "motive and opportunity" to support a strong inference of fraudulent intent. In Crane Co. v. Coltec Industries Inc., the court held that a confidentiality agreement did not obligate parties to merger negotiations to notify each other of welcome advances by a third party.Practice Pointers for Working With Expert Witnesses in Bankruptcy Court
Christopher R. Harris, a partner at Latham & Watkins, and H. Gregory Baker, an associate with the firm, write: While similar in many respects to any other litigation, there are some important nuances of bankruptcy court practice to be mindful of, especially when working with expert witnesses. Factors that may distinguish bankruptcy court litigation include the speed of bankruptcy proceedings relative to disputes in many other courts and that the generally-applicable federal rules of privilege do not apply in all contexts.Justice W. Gerard AsherDeutsche Bank Nat. Trust v. Gimeli (05/20063)&am ;Motion GrantedFed. Nat. Mortgage v. Lessick (09/46444)&am
Cite as: Federal National Mortgage Assoc. v. Campbell, 18791/1983, NYLJ 1202536212501, at *1 (Sup., QU, Decided December 1, 2011)Justice Charles J. M
The 'Off-Centered' GC at Dogfish Head Craft Brewery
Shauna Barnes's formal job title is "off-centered general counsel"—a concession to a determinedly informal workplace.Refinancing mortgages won't fix housing crisis
Last week, The New York Times reported that the Obama administration was considering a proposal to "allow millions of homeowners with government-backed mortgages to refinance them at today's lower interest rates, about 4 percent." The measure's supporters tout this as an almost cost-free way to stimulate the economy, boost the housing market and reduce foreclosures.Trending Stories
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