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March 18, 2013 |

Top New York-Based Firms See Mostly Modest Growth

With demand for corporate work slack through most of the year and clients continuing to apply rate pressure, 12 elite Am Law 100 firms — with a handful of exceptions — made only slight gains in both gross revenues and profits in 2012, according to The American Lawyer's reporting.
12 minute read
July 16, 2007 |

Boardroom Climate Change

Jeffrey Smith, a partner at Cravath, Swaine & Moore, and Matthew Morreale, an associate at the firm, write that the complexities of climate change decision-making may require new applications of the business judgment rule and will test the limits and scope of fiduciary duties of officers and directors as their responses to matters relating to climate change are questioned by stakeholders.
15 minute read
July 24, 2007 |

Boardroom Climate Change

In most of the recent high-profile corporate scandal cases, the business judgment rule has protected directors and officers from liability despite decision-making that often has raised eyebrows and sometimes lowered stock prices. The complexities of climate change decision-making may require new applications of the BJR, however, and will test the limits and scope of fiduciary duties of officers and directors as their responses to matters relating to climate change are questioned by stakeholders.
15 minute read
August 20, 2013 |

Negotiator Says Several PSU Settlements Are in Top Tier

With the bulk of the claims against Penn State arising from the Jerry Sandusky sex-abuse scandal nearing resolution, the university's lead negotiator said several fall into the highest valuation category, having alleged abuse after 2001, when former Penn State graduate assistant Mike McQueary reported to university officials that he had witnessed an incident in a locker room shower.
5 minute read
December 10, 2012 |

They're heading for the exits at the Justice Dept.

Attorney General Eric Holder Jr. hasn't formally announced whether he wants to remain at the helm of the U.S. Justice Department, but there's already change under way in the top ranks below him — and talk around Washington has some division leaders mulling their next moves.
5 minute read
February 04, 2010 |

New Deals

Rio de Janeiro-based mining company Vale S.A. will buy the fertilizer assets of Bunge Limited, an agricultural business, for $3.8 billion in cash. Also, in a joint venture valued at up to $12 billion, Brazilian sugar and ethanol producer Cosan and oil giant Royal Dutch Shell have agreed to combine their biofuel businesses, creating Brazil's third-largest fuel distribution network and one of the world's largest ethanol producers.
3 minute read
April 04, 2003 |

Protecting His Turf

Attorney General Bill Lockyer must slash nearly 5 percent from the Department of Justice budget. But his budget request doesn't touch any of 1,100 lawyers at the attorney general's office. He's making the lawyers in his public law section a selling point to help keep his staff intact. According to Lockyer, the attorneys are revenue generators -- in other words, they constitute a state-run plaintiffs firm that pulls in millions of dollars a year in settlement cash, much of which lands in the general fund.
6 minute read
December 29, 2003 |

Piper Rudnick nabs Steinhart as S.F. outpost

Piper Rudnick has finally cracked San Francisco�s legal market with a deal to swallow 32-lawyer, 100-year-old Steinhart & Falconer. Steinhart partners voted in mid-December to accept a merger proposal. Beginning Jan. 1, the combined firm will operate as Piper Rudnick, with the Steinhart name lost to history.
3 minute read
In Re Currency Conversion Fee Antitrust Litigation, MDL No. 1409
Publication Date: 2011-04-04
Practice Area: Antitrust
Industry:
Court: U.S. District Court, Southern District
Judge: District Judge William H. Pauley
Attorneys:
For plaintiff:
For defendant: *1
Case number: MDL No. 1409

Cite as: In Re Currency Conversion Fee Antitrust Litigation, MDL No. 1409, NYLJ 1202488718066, at *1 (SDNY, Decided March 29, 2011)District Judge William H. Pau

August 17, 2007 |

Reading the Roberts Court

The first full term of the Roberts Supreme Court was a blockbuster, viewed by many as a historic turning point. Legal Times held a panel discussion, moderated by Supreme Court correspondent Tony Mauro, to analyze the arguments and opinions. Four leading high court advocates offered candid views on a variety of topics, including how it feels to have Justice Scalia all over you "like a cheap suit," why it's Justice Kennedy's world and we all just live in it -- and which cases to watch for next term.
41 minute read

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