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It was as if the two sides heard different orders from the judge who refused to approve their $33 million settlement on August 10. The SEC brief included the details Rakoff asked for. BofA's reiterated the bank's innocence.
Andrias, J.P., Marlow, Sweeny, McGuire, Malone, JJ. 8808N Index 604517/02 American Re-Insurance Company, Plaintiff-Respondent, v United States Fidelity &
An anonymous tipster with apparent inside knowledge of the agency's negotiations with Citi raised the allegations in an unsigned fax to Sen. Charles Grassley. True or not, the fax makes for compelling reading--and we've got a link to it.
Kessler Topaz and Prickett, Jones & Elliott, fresh from winning a record $305 million attorney fee award in the Delaware Court of Chancery, want a judge to rule that companies can't adopt bylaws restricting shareholder suits to be filed exclusively in the Delaware court without first holding a shareholder vote. "Bring it on," says former SEC Commissioner Joseph Grundfest of Stanford Law, who's been championing such provisions.
U.S. District Court Southern District of New York Judge Cedarbaum By letter dated August 21, 2003, the Government requested an early determination of whether an e-mail
We've all been waiting for the other shoe to drop since word leaked in April that AIG was getting ready to sue the banks that sold it $40 billion in toxic mortgage bonds. On Monday AIG's lawyers at Quinn Emanuel slammed it down--and hard. The bank's new litigation woes, coupled with the U.S. credit downgrade, may have conspired to knock 20 percent off BofA's stock price on Monday.
U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK For Defendants: Marc Wolinsky, Esq. Gordon M. Mead, Jr., Esq. Meredith L. Turner, Esq. Wi
The full case caption appears at the end of this opinion. In this expedited appeal we review a decision of the Delaware Court of Chancery applying New York law to a contract d
Associates: Desktop Decorating
What's an expressive attorney to do? Once he was limited to wearing plaid ties and paisley suspenders. Now he can set loose flying toasters on his screen or rolling sushi on his desktop.An associate may have no control over the halls, but his office is his castle. A National Law Journal survey has uncovered a scary array of ways to personalize one's desk.State AI Legislation Is on the Move in 2024
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