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September 28, 2012 |

Bank of America settles Merrill Lynch claims for a record $2.4 billion

Bank of America Corp. has agreed to pay $2.43 billion to settle alleged federal securities law violations in Bank of America's acquisition of Merrill Lynch & Co. Inc. in 2009.
5 minute read
July 31, 2007 |

Judge Finds Tobacco Settlement Bars Claims for Punitive Damages

A federal judge has ruled that New York's participation in the nationwide $208 billion settlement reached in 1998 between 46 states and the tobacco industry bars subsequent claims for punitive damages in smokers' damage actions in New York. The judge also rejected a design-defect theory that led to a $20 million verdict against two cigarette manufacturers in a separate 2005 state case. More than $17 million of that verdict stemmed from an award of punitive damages.
4 minute read
October 01, 2012 |

Bank of America Settles Securities Class Action Over Merrill Lynch Acquisition for $2.4 Billion

Bank of America Corp. has agreed to pay $2.43 billion to settle alleged federal securities law violations in Bank of America's acquisition of Merril Lynch & Co. Inc. in 2009.
6 minute read
January 14, 2005 |

Baer v. Chase et al

The New Jersey Supreme Court would hold that ideas lose their novelty if they are in the domain of public knowledge before use and, therefore, plaintiff's ideas, based on stories and facts in the public domain, could not have been misappropriated; although the District Court correctly concluded that the contract claims were unenforceable, it erred in applying the "sham affidavit" doctrine, and summary judgment on the quantum meruit claim is reversed.
17 minute read
Fourth Time Is No Charm: After Three Years and Four Amended Complaints, Five Consolidated ARS Cases Against Citi Are Tossed for the Last Time
Publication Date: 2011-03-02
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The case is something of a monument to plaintiffs' futility in federal court ARS litigation.

May 05, 2000 |

Razor Sharp

Is life as a dot-com lawyer all that different? It's faster, for starters. Outside firms know that they've got to come up with answers in hours, not days. Then there's the field trip to Las Vegas with hundreds of twenty-somethings. Corporate Counsel magazine chatted with superbright Razorfish general counsel Michael Simon and heard all about it.
11 minute read
May 04, 2012 |

Fisher & Phillips

3 minute read
April 10, 2006 |

Tobacco companies handed a win; states may face $1B loss

By Daniel Wise, New York Law Journal Employing broad language, New York's Appellate Division, First Department, handed tobacco companies a victory Thursday by ruling that disputes over reductions in their payments to the states under a $206 billion nationwide settlement must go to arbitration.The ruling has enormous fiscal implications for the states since the reduction could amount to more than $1 billion a year.
5 minute read
April 07, 2006 |

Tobacco Companies Handed a Win; States May Face $1B Loss

A New York appellate panel handed tobacco companies a victory Thursday by ruling that disputes over reductions in their payments to the states under a $206 billion nationwide settlement must go to arbitration. Under the settlement, which compensates states for funds spent treating smoking-related illnesses, the states receive $6.2 billion annually from 45 participating companies. The ruling has enormous fiscal implications for the states as the reduction could amount to more than $1 billion a year.
4 minute read

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