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September 28, 2007 |

Judge Dismisses Some of Former Hedge Fund Client's Claims Against Akin Gump

A New York judge has granted Akin Gump's motion to dismiss several claims by a former hedge fund client, but has permitted a fraud claim to go forward. James McBride and Kevin Larson, the principals behind the Veras series of funds, had sued Akin Gump for $4.4 billion, claiming the firm advised them that the trading of mutual fund shares after the market close was a legal practice. Justice Bernard Fried ruled Thursday that five of the causes of action were duplicative of Veras' legal malpractice claims.
2 minute read
October 16, 2003 |

Troop Redeployment

As if taking on a firm with millions of dollars of debt, poor morale and plummeting practices wasn't bad enough. Two years after Akin Gump's tumultuous merger with L.A.-based Troop Steuber, the firm has been dragged into an arbitration battle over the actions of former Troop Steuber managers who allegedly duped partners into staying at the firm to discourage others from jumping ship and sabotaging the potential merger. Damage claims are said to be in the millions.
3 minute read
March 10, 2008 |

Conference Call: Another Detainee Case Heads to High Court

Justices are asked to take the case of prisoners seeking evidence the government used to declare them "enemy combatants."
8 minute read
February 21, 2011 |

Big bankruptcies, big legal fees

It's been a good time to be a bankruptcy lawyer. Though it's been almost three years since the economy began its meltdown, several massive bankruptcies are continuing to generate big fees for attorneys.
11 minute read
October 11, 2010 |

INADMISSIBLE

Akin and Orrick still just friends; Public Integrity gets public praise; Patton Boggs is now truly famous; Hogan makes Camp trial; auspicious timing for a veteran; a Georgetown cafeteria births health care support; and talking turkey about ethics in this week's column.
5 minute read
August 15, 2007 |

$4 Billion Suit Against Akin Gump Highlights Hedge Fund Representation Risks

A $4 billion damages claim filed against Akin Gump by two former hedge fund managers who claim the firm advised them that late trading was legal is a new development for law firms and shows the risks they face as they try to reap the rewards of representing private investment funds. The funds generate high legal bills, but they're apt to strike back hard if they feel firms have led them astray. In a typical securities class action, a law firm is a minor defendant after deep-pocket financial institutions.
9 minute read
September 20, 2006 |

Attorneys in HP Scandal Lawyer Up

The combined weight of investigations by state prosecutors, federal regulators and the Department of Justice has forced lawyers in Hewlett-Packard's boardroom mess to get their own attorneys. Ann Baskins, the HP general counsel, has hired white-collar specialist Cristina Arguedas. Kevin Hunsaker, the HP senior counsel and ethics director -- who the New York Times has reported was in charge of the boardroom leak investigation -- has hired San Diego solo Michael Pancer.
4 minute read
July 01, 2011 |

Big Deals

The law firms that handled the biggest recent deals in Germany, France, United Kingdom, Spain, Italy, and the Nordic countries.
6 minute read

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