0 results for 'Bernstein Litowitz Berger'
Firms Plan to Seek Up to $6.5 Mil. Fee in Delaware Case
A pair of plaintiffs' law firms plan to ask the Delaware Court of Chancery for as much as $6.5 million in fees for legal work related to shareholder lawsuit settlements with Alberto Culver Co. that didn't increase the shareholders' take in a pending merger deal.For close to two years, counsel for Bank of America at Cleary Gottlieb and Wachtell Lipton have been struggling--and largely failing--to tame consolidated securities, ERISA, and derivative litigation over BofA's 2008 merger with Merrill Lynch. Will Brad Karp, Ted Wells, and their partners at Paul Weiss fare any better?
Delaware Chancellor Leo Strine Jr.'s skewering of nearly everyone involved in Kinder Morgan's proposed $21 billion acquisition of El Paso makes for a great read. But it also amounts to an exercise in frustration, as even Strine was forced to admit.
Law Firm Cash Makes Its Mark in U.S. Senate Races
The presidential election isn't the only race luring lawyers and law firms. U.S. Senate races have attracted significant dollars from the legal industry in several states, such as Texas, Louisiana and Minnesota, according to the Center for Responsive Politics, a nonpartisan organization that tracks federal elections.Shareholders' lawyers will get to see whatever the bank has turned over to Congress, the SEC, the New York attorney general, and other investigators--including, most likely, the communications between BofA and its lawyers that have already been turned over to the government.
In re Pharmatrak Inc. Communications Litigation: Consolidated Amended Class Action Complaint
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