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April 10, 2001 |

Employees of Law Firms Charged With Racketeering Shielded From Interviews Without Counsel

Three major personal injury firms accused of racketeering and suborning false testimony as part of ongoing asbestos litigation have won a protective order keeping former and current employees of the firms from being interviewed without the presence of counsel. A federal judge in New York issued the order on grounds that employees might divulge information protected by attorney client privilege without counsel present.
4 minute read
August 02, 2006 |

Comverse Is Likely Next Options Target

Brooklyn federal prosecutors will likely bring indictments against former Comverse executives over options backdating in the next two weeks, according to several sources. Will the company's discharged general counsel be among the victims? No Subscription Required
4 minute read
June 24, 2009 |

Newsbriefs

6 minute read
November 20, 2007 |

Winston & Strawn, Partner Settle 'Decompression' Suit

Winston & Strawn has settled on the eve of trial a lawsuit brought against it by a New York partner who claimed the firm broke a deal to exempt him from "decompression," a firm policy sharply reducing partners' pay after age 65. Throughout the 1990s, Anthony F. LoFrisco, 74, was one of the firm's highest-paid partners, based largely on his close relationship with former General Electric Co. Chairman John "Jack" Welch.
4 minute read
March 13, 2009 |

Newsbriefs

4 minute read
September 24, 2009 |

Ex-McDermott, Ex-Dorsey Lawyers Face U.K. Insider Trading Trial

Two U.K. lawyers formerly with McDermott Will & Emery and Dorsey & Whitney will stand trial on insider trading charges. Ex-Dorsey corporate partner Andrew Rimmington and ex-McDermott corporate partner Michael McFall, along with a former Neutec Pharma financial director, were charged in June with insider trading related to Novartis' $589 million acquisition of NeuTec in June 2006. On Tuesday, a Westminster Magistrates Court judge ordered the men to appear on Oct. 28 to enter pleas and discuss case management.
2 minute read
September 17, 2009 |

Vance Shapes Agenda for Manhattan Office

Despite low voter turnout in Tuesday's Democratic primary, Cyrus R. Vance Jr. bested his two opponents in the race for Manhattan district attorney with a sizeable lead, a win that essentially guarantees he will succeed veteran District Attorney Robert M. Morgenthau. Mr. Vance said yesterday that he had laid out "an agenda that is certainly a departure from Bob Morgenthau's current policies," but that 18 hours after the election, it was "hard to say" which policy he would pursue first. However, he stressed that one of the first things he will do is take an "internal audit" of the office, reach out to forge relationships with current staff, and aggressively "walk to the various units and the courtrooms to make sure I understand how things are operating."
5 minute read
May 28, 2008 |

Ex-Baker & McKenzie Partner Indicted for the Second Time

Brooklyn federal prosecutors have further charged a former Baker & McKenzie partner, indicted last fall on securities fraud charges, with stealing from a client escrow account. Martin E. Weisberg, 57, then a corporate partner in the Chicago-based firm's New York office, was charged in October by the Eastern District U.S. Attorney's Office with participating in an illegal short-selling scheme that netted two Israeli investors $55 million. Federal prosecutors said yesterday they had since uncovered Mr. Weisberg's involvement in a separate fraud scheme.
5 minute read
October 01, 2009 |

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