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More Investors Challenge $8.5 Billion BofA Deal; Grais and Others Move to Intervene for Six Federal Home Loan Banks
Publication Date: 2011-07-13
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On Wednesday the federal home loan banks--which bought their mortgage-backed certificates for $8.8 billion--filed what looks to be the biggest challenge yet to Bank of America's proposed $8.5 billion settlement with the trustee for holders of Countrywide residential mortgage-backed securities.

KPMG Tax Fraud Trial Under Way In New York
Publication Date: 2008-10-16
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October 08, 2003 |

White House Lawyers Girding for Leak Investigation

As the Justice Department probe into who disclosed the identity of a CIA officer proceeds, White House Counsel Alberto Gonzales and his 10-lawyer staff will be tasked with answering investigators' demands for documents and interviews. The lawyers involved will have to make decisions about what to hand over and what to shield -- sticky issues for an administration that has been unyielding on assertions of executive privilege.
7 minute read
July 30, 2008 |

Marketplace

The Mattone Group has closed on its purchase of the Roosevelt Raceway Center in Westbury, Long Island, from ING Clarion Partners for $103 million. The property, once the location of a half-mile harness racing track, contains 427,000 square feet of retail space, which is fully leased. Also, 216 E. 46th St. has been purchased for $60 million by 216 Watermark Holdings and non-profit HeartShare Human Services of New York has begun moving in to its new headquarters at 159-05 Union Turnpike in Fresh Meadows, Queens.
3 minute read
September 07, 1999 |

Making Bigger Bucks Out of Smaller Flicks

Along with just about everyone else in Hollywood, top-flight entertainment lawyers typically flock to where the money is. But with this summer's runaway success of The Blair Witch Project -- which cost a measly $30,000 to make, only to bring in more than $100 million in its first month at the box office -- lawyers are quickly focusing on strategies for low-budget independent films that, with a little bit of luck, could earn bundles for their clients.
5 minute read
April 20, 2009 |

Yes, Race Still Does Matter In America

The myth of American exceptionalism is disproven with a vengeance when it comes to race. God didn't pick North America as a preserve for the righteous. We are no city on a hill beckoning the world to do as we do. At the founding we enslaved people of color; today we spend other people's money and then blame the banks for giving it to us. We are such stuff as human nature is made of, and that isn't often pretty or even ennobling. The color line rattles and roars. Consider the equal protection case to be argued before the U.S Supreme Court on April 22, iRicci, et al. v. New Haven, et al./i
4 minute read
April 15, 2009 |

Laid Off in the First Person

6 minute read
November 13, 2006 |

Odometer Settlement May Earn Class Lawyers $9.5 Million in Fees

More than four years after Arkansas attorney Jay Kutchka began investigating whether odometers on Honda vehicles inflated the number of miles actually driven, a federal judge in Texas has preliminarily approved a settlement agreement that could benefit up to 6 million consumers and earn the lawyers for the class up to $9.5 million in fees. In the suit, class members alleged that the odometers in their Honda and Acura vehicles misstated the actual miles driven by between 2 percent and 4 percent.
8 minute read
February 25, 2005 |

Wilson Sonsini Helps Crank Up the Volume on Dolby's IPO

The sound of a single stockholder unloading 17 million shares reverberated in the ears of Wilson Sonsini Goodrich & Rosati partner Thomas DeFilipps on the floor of the New York Stock Exchange for the closing bell -- heard anew in surround sound -- on the first day of Dolby's IPO. Dolby's public launch was no ordinary tech company offering. One challenge was deciding how the IP of Ray Dolby, the company's founder and for many years its only stockholder, would be transferred to the company.
3 minute read
February 16, 2012 |

Former Juror Hauled Into Court as Judge Mulls New Trial Request

Southern District of New York Judge William H. Pauley III ordered the arrest of a former juror on Feb. 15 as part of an effort to find out whether all or some of those convicted in the Jenkens & Gilchrist tax shelter fraud case deserve a new trial. Suspended lawyer Catherine M. Conrad was arrested at her Bronxville home by U.S. marshals and hauled into court to answer questions about why she kept from the lawyers during voir dire in United States v. Daugerdas that she had a criminal history.
7 minute read

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