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Private antitrust litigation related to LIBOR isn't over--not by a long shot. But on Friday 16 banks accused of manipulating the benchmark global interest rate dispelled any notion that they'd be easy targets for the plaintiffs bar.
Bingham Still Seeks Growth Binge
Bingham McCutchen is run as close to a corporate model as any Am Law 100 firm. Let the traditionalists cluck, but at Bingham McCutchen it works quite well. With 850 lawyers and offices in 11 cities, Bingham's revenues more than tripled from 1999 to 2003. During that time it rocketed from No. 81 to No. 26 on the Am Law 100 list, the fastest rise of any firm. Along the way it's gobbled up five firms, and and it doesn't appear that the acquisition spree is over.The Return of an Innovative SEC Enforcement Technique
The SEC's enforcement of the prohibition on insider trading has traditionally been directed at domestic actors, but that focus changed in landmark cases where the SEC obtained interim, emergency relief against "unknown purchasers" of securities. New cases show the SEC is again looking beyond U.S. borders and having success in convincing courts to order interim relief without fully articulating the factual predicate for a legal theory. As world markets integrate, use of these strategies is apt to increase.Floor Waxer To Pay Man $850,000 for Alleged Nerve Injuries Blamed on Fall
Large settlements and verdicts in New Jersey.Broker To Pay $2M for Malpractice in Letting Playground's Coverage Lapse
Large verdicts and settlements in New Jersey.Creating a Culture of Compliance
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