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SEC Shrugs Over Revlon's Egregious Actions
Publication Date: 2013-06-19
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On Tuesday SEC chairman Mary Jo White said her agency would try to extract admissions of wrongdoing from defendants in some settlements. But judging by the SEC's settlement with Revlon, says columnist Susan Beck, it appears the agency is intent on making life easier, not harder, for companies that violate securities laws.

December 21, 2012 |

Justice Hails Agreement With UBS

Top U.S. Department of Justice lawyers defended the non-prosecution agreement with UBS AG and the guilty plea of a Japanese subsidiary, calling the $1.5 billion global deal with the bank a "very robust, very real and very appropriate resolution."
4 minute read
(Another) Delaware Vice-Chancellor Enjoins Shareholder Vote on Merger, Citing Concerns About Target's Financial Adviser
Publication Date: 2011-03-07
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Turns out Vice-Chancellor Laster, who last month blocked a shareholder vote on Del Monte's LBO because of its financial adviser's conflict of interest, isn't the only Delaware jurist siding with shareholders. Vice-Chancellor Noble on Friday called a temporary halt to a shareholder vote on Qualcomm's acquisition of Atheros. And once again, the financial adviser's fee is at issue.

July 13, 2011 |

Merger Objection Suits on the Rise, Even Before M&A Boom

Orrick partner James Kramer said public company board members and GCs will need to prepare for greater scrutiny of their actions if their company is in the middle of a merger.
5 minute read
Lawyers Square Off Ahead of Hearing on $7 Billion Credit Card Fee Settlement
Publication Date: 2012-11-04
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Ever since Visa and MasterCard reached a $7.2 billion agreement to resolve merchant claims over credit card "swipe fees," critics have been coming out of the woodwork. Now they've formally opposed the class action settlement in court, with the objector's lawyers at Constantine Cannon warning of "serious risks" if the deal is approved.

Bank of America v. Satnarine Maharaj, 5804-2010
Publication Date: 2010-10-14
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Court: Supreme Court, Suffolk County
Judge: Before: Justice Peter H. Mayer
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Case number: 5804-2010

Cite as: Bank of America v. Satnarine Maharaj, 5804-2010, NYLJ 1202473328131, at *1 (Sup. SU, Decided September 21, 2010)Before: Justice Peter H. Mayerp cl

Matter of OxyContin II, 700000/07
Publication Date: 2010-09-27
Practice Area: Products Liability
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Court: Appellate Division, Second Department
Judge: Before: Prudenti, P.J., Fisher, Roman, Sgroi, JJ.
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For plaintiff: Chadbourne & Parke LLP, New York, N.Y. (Donald I. Strauber, Mary T. Yelenick, Phoebe A. Wilkinson, and Alexandra A. Nellos of counsel), and Harold Siegel, Staten Island, N.Y., for appellants (one brief filed).
For defendant: Sanders Viener Grossman, LLC, Mineola, N.Y. (Douglas H. Sanders, Melissa C. Ingrassia, Aybike Donuk, and Michael Ihrig of counsel), for respondents.
Case number: 700000/07

Cite as: Matter of OxyContin II, 700000/07, NYLJ 1202472518491, at *1 (App. Div. 2nd, Decided September 21, 2010)Before: Prudenti, P.J., Fisher, Roman, Sgroi, J

May 27, 2011 |

Einhorn adds to drumbeat for CEO exits with call to oust Ballmer

David Einhorn's call to replace Microsoft Corp. Chief Executive Officer Steve Ballmer adds to the drumbeat for change at the top of technology bellwethers.
6 minute read
May 01, 2005 |

Race to the Top

Milbank, Tweed, Hadley & McCloy arrived in Frankfurt in 2001 with just two American partners, planning to recruit some German laterals and build a great local practice. Things took a bit longer than expected. "As we ended 2003, we really had made very little progress in Germany," Milbank chairman Mel Immergut admits.
12 minute read

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