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December 06, 2006 |

Where Will the Troubles End for Sonsini and HP?

Wilson Sonsini Chairman Larry Sonsini, who has plotted his career and his law firm's path to dominance with the precision and focus of a master, found himself this year in a place he never expected to be: testifying before Congress on his role as outside counsel to Hewlett-Packard, caught up in a boardroom spying scandal. Sonsini and his firm have faced criticism before -- over alleged conflicts and investments in client stock -- but now they face a crisis that might not blow over.
24 minute read
September 14, 2006 |

N.Y. Federal Judge Exposes White-Collar Dealmaking in KPMG Case

After his latest round of hearings in the KPMG tax shelter case, Southern District of New York Judge Lewis Kaplan ordered lawyers for the 16 former KPMG partners or employees who are defendants to submit affidavits disclosing who had referred their clients to them. The judge's extended investigation of the KPMG prosecution has thrown a spotlight on KPMG's lead outside counsel, Skadden Arps partner Robert Bennett -- exposing defense tactics usually confined to the shadows of white-collar dealmaking.
7 minute read
February 24, 2006 |

Defending Ken Lay

Mike Ramsey is a man of simple tastes. He prefers black cowboy boots to lace-ups with his business suits. He works slowly and methodically, both in his physical movements and his questioning in court. Some casual observers would think maybe the 65-year-old is a little senile. Far from it. Ramsey has a sharp mind and a long memory. He's now working on the biggest case in his life: Defending former Enron Chairman Kenneth Lay. So far, attorneys think he's doing a good job.
9 minute read
February 13, 2004 |

Wave of IBM Suits Reaches Trial

After seven years of pretrial litigation, William DeProspo and Steven Phillips will soon go before a jury. The lawyers' journey began with an IBM employee's belief that his cancer diagnosis stemmed from work at an IBM semiconductor plant. Ex-workers or their families have since brought some 200 suits against IBM and chemical makers; the case going to trial in March alleges the chemical exposure caused birth defects in workers' children.
9 minute read
March 07, 2007 |

Dissident Shareholders Up Their Demands, Fuel Legal Work

Activist and dissident shareholders, particularly hedge funds, are boosting corporate legal work as boards of directors cope with demands from sophisticated investors and proxy contests when those investors seek a board seat. The activists want changes to increase shareholder returns. And as lawyers help companies grapple with increased activism, they also expect proposed rule changes for proxy contests to heighten activist investors' leverage -- by easing board election hurdles faced by outsiders.
9 minute read
December 11, 2001 |

A Giant Falls

Houston attorney Robin Harrison is one of the lawyers attempting to move the Enron bankruptcy from New York to Texas. Harrison, counsel for Enron employees who lost money in their retirement plans because of the huge slide in Enron stock, is just one of a slew of attorneys sharing in the windfall of bankruptcy and litigation work surrounding the financial debacle of the Houston-based energy broker.
10 minute read
November 05, 2007 |

Daring and Controversial Legal Structures Help Fortress and Blackstone Avoid Tax and SEC Scrutiny

When Fortress Investment Group went public, a dazzlingly complex structure -- crafted by Skadden, Arps, Slate, Meagher & Flom -- allowed it to avoid nearly all corporate tax and steer clear of SEC scrutiny of its investments. The Blackstone Group then went a step further, achieving one of the most innovative, brash and controversial IPOs in recent memory. The deals illustrate how Wall Street's best corporate and tax lawyers create advantages for clients with the daring to push the edge of the law.
18 minute read
February 15, 2007 |

A Tale of Two Trials: Lessons to Learn From the Scrushy Story

With the help of his defense team, Richard Scrushy pulled off a surprising victory a year and a half ago on charges that he defrauded HealthSouth investors. The first CEO charged under the anti-fraud Sarbanes-Oxley Act, Scrushy walked. But he wasn't so lucky a second time; in a separate trial, he was convicted of bribing former Alabama Gov. Don Siegelman. A look behind the scenes provides valuable lessons in white-collar defense, and how trial tactics can help -- or hurt.
20 minute read
July 01, 2013 |

Arbitration Scorecard 2013: Treaty Disputes

Treaty arbitrations active in 2011–13 in which at least $100 million was at stake.
55 minute read
September 26, 2005 |

2005 Revoked List

Notice to the bar.
317 minute read

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