0 results for 'Allen Overy'
Judges in New York just keep doling out bad news for banks caught up in litigation over mortgage-backed securities. The latest defendants to feel the sting are Deutsche Bank, Merrill Lynch, and Morgan Stanley, which learned Friday that they can't escape fraud claims in state court in Manhattan over a combined $457 million in MBS gone sour.
Fresh off a pretrial defeat in a civil fraud lawsuit brought by the SEC, lawyers for former Goldman Sachs trader Fabrice Tourre are just a month away from selecting a jury. On Friday they'll try to convince a judge in Manhattan to let them shine a spotlight at trial on the lawyers who reviewed the ill-fated deal at the heart of the case.
Trainee Retention Rates Drop Below 80 Percent at Top U.K. Firms
Trainee retention rates across the U.K.'s top 30 law firms have been hit by the economic downturn, with most firms with March 2010 intakes retaining under 80 percent of newly qualified lawyers. The average retention rate has dropped nearly 10 percent from March of last year.HSBC on Monday announced it had entered into a partial settlement with investors in Thema International Fund. A day later Manhattan federal district court judge Richard Berman dismissed all the claims against the bank and other defendants, largely on the grounds that the cases should be filed in Ireland and Luxembourg.
2003 NYLJ 100 Largest Law Offices
By most accounts, it has turned into a good year for New York's law offices. Buttressed by a booming economy that enjoyed 7.2 percent GDP growth in the third quarter, 57 of the 102 offices listed in the NYLJ 100 expanded in 2003. Track all the gains and losses in this annual report from the New York Law Journal Magazine.Cite as: MLSMK Investment Company v. JP Morgan Chase & Co., Index 10-3040-cv, NYLJ 1202499634383, at *1 (Court, Decided July 7, 2011)Before: Mclaughlin, Poo
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