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Banks Face More Setbacks in Megabucks Credit Union Cases
Publication Date: 2013-09-13 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
In the latest win for the National Credit Union Administration, financial institutions including Royal Bank of Scotland and Wells Fargo lost a bid to dodge claims that they duped Kansas-based U.S. Central Federal Credit Union into pouring hundreds of millions of dollars into residential mortgage-backed securities.
The Real World According to Summer Associates
Summer associates come off as a tough crew in The American Lawyer's survey of almost 6,800 interns at about 200 firms, welcoming brutal honesty about their own performances and leaving none of the firms immune from suggestions for improvement. But overall, law students gave their summer employers lots of praise. While the survey's upper tiers included many familiar names, plenty of newcomers hit high notes -- and two of the top 10 slots were captured by firms that vaulted more than 100 spots.
Second Circuit Rejects Settlement Shielding Body Armor Execs from Liability Under Sarbanes-Oxley
Publication Date: 2010-10-01 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
In a case of first impression, the appellate court ruled that a shareholder settlement with executives of DHB Industries improperly sidelined the SEC.
LegalTech Descends on New York
As improvements in information technology continue to impact e-discovery, online research, case and matter management, and time and billing software, lawyers are better equipped to render quality legal services, retain more clients, and master the business of law. What are the next improvements in IT for the legal profession? Law.com Technology Editor Sean Doherty previews the advances expected to share the spotlight at LegalTech New York, being held Feb. 1-3.Texas Two-Step: Giuliani and Houston's Bracewell Learn the Politics of Dancing
When Houston's Bracewell & Patterson hired Rudolph Giuliani as partner two years ago, they got a real catch who would bring instant name recognition to the firm's fledgling New York office. In return, Giuliani got a pile of cash, an easy job and partners with ties to Texas Republicans. But politics can test the best of unions. In recent months the political spotlight has become increasingly uncomfortable for the former New York City mayor, the firm -- now known as Bracewell & Giuliani -- and its clients.Chicago Firms Grow New York Offices As Stepping Stone to Super-Firm Status
ACCORDING to the Chicago Public Library`s Web site, the Windy City takes its nickname not from the wind howling off of Lake Michigan but from the boosterism-inspired claims 19th century Chicago businessmen made to East Coast investors. Detractors said the Chicagoans were full of wind.Mergers With Local Partnerships Drive a Race to Expand StaffingTRENDING STORIES
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