0 results for 'Bressler Amery Ross'
Morgan Stanley Loses Bid to Enjoin Lawyer
A Manhattan Supreme Court judge has denied Morgan Stanley Dean Witter's unusual request for an injunction barring a Quinn Emanuel Urquhart Oliver & Hedges lawyer from representing ex-employees in current or future matters adverse to the financial services giant. The firm argued a "danger of disclosure" warranted the measure, but the judge said the action would deprive clients of the right to counsel of their choice.Rare Suit Against Expert Witness Highlights Pitfall of Not Showing Up
Lawyers wondering whether to videotape experts as a precaution should consider what just happened in Morris County, N.J. A plaintiff who claimed he lost $400,000 because an expert failed to show up and testify put his attorneys and the expert on trial for negligence. Though the professionals won, many of the judge's legal rulings in the case reinforce the principle that nonappearance can be negligence under the right circumstances.Merrill Lynch and Mutual Funds Settle Suits Over Internet Companies
Merrill Lynch has settled three class action lawsuits that claimed it provided misleading analyst research about Internet companies to purchasers of mutual funds. Under the agreement, which was approved Wednesday by a New York federal judge, almost 400,000 investors will receive roughly $40 million, about 6.25 percent of the $645 million in damages they originally sought. The development symbolized the beginning of the end of a troublesome chapter for the financial management and advisory company.Liberty Lincoln-Mercury Inc. v. Ford Motor Co.
Ford's New Jersey cost surcharge does not violate the New Jersey Franchise Protection Act.Consumer Need Not Demand Refund to Seek Fraud Damages, N.J. Court Says
A consumer suing under New Jersey's Consumer Fraud Act need not first demand a refund of alleged overcharges, a state appeals court held recently, parting company with an earlier precedent. The conflict means the state Supreme Court will likely hear the case if there is an appeal. The plaintiff's attorney says the new ruling "properly eviscerates" the earlier precedent and "reinstates [the Consumer Fraud Act] to its place as one of the most comprehensive consumer protection statutes."Lawyers Wax Creative Finding Ways To Raise Money for Tsunami Victims
Unlike 9-11, when large numbers of lawyers volunteered to help victims' families navigate through the bureaucracy, there is little, if any, professional help lawyers can offer for victims of the Dec. 26 Indian Ocean tsunami. Still, they are finding ways to assist, not only by digging into their own pockets but also by acting collectively through their law firms, bar groups and law schools.Cut in Drexel Case Attorneys' Fees OK'd
The two lead firms who represented plaintiffs burned in the Drexel Burnham Lambert scandal of the 1980s will receive less than 20 percent of the fees they sought following a decision by the 2nd U.S. Circuit Court of Appeals. Milberg Weiss Bershad Hynes & Lerach, along with Abbey, Gardy & Squitieri, will receive $2.1 million for engineering the settlement of the $54 million class action filed in the wake of the junk bond crisis involving Drexel Burnham and junk bond superstar Michael Milken.Creating a Culture of Compliance
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