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September 30, 2010 |

Ashurst Structured Finance Head Leaves for Barclays Capital

Ashurst structured finance and securities boss Erica Handling will leave behind a mixed legacy when she joins longtime client Barclays Capital. Having launched the practice in 2005, Handling, a noted collateralized debt obligations specialist, has achieved considerable success in establishing a leading team. She will also be remembered as the driving force behind a U.S. acquisition that partners claim has not been profitable since the new practice group launched in February 2009.
4 minute read
November 18, 2004 |

Vision of the Future? Separate Counsel for Board of Directors

When Visx Inc. decided to merge with Advanced Medical Optics Inc., Visx's board of directors hired Wilson Sonsini as separate counsel to conduct due diligence. Although it was unusual, "a lot of lawyers are talking about it as a future possible trend." One of the benefits of representing a media company in a major deal is the coverage it attracts. So Morrison & Foerster discovered while negotiating the sale of online financial news provider MarketWatch Inc.
3 minute read
May 13, 2013 |

Corporate Scorecard

15 minute read
November 22, 1999 |

Andrew B. Steinberg, Sabre Inc.

Andrew B. Steinberg is the executive vice president, general counsel and corporate secretary of Sabre Inc. The Fort Worth, Texas-based company is the world leader in computerized reservation systems and information technology services for the travel industry, with annual revenues of $2.3 billion.
5 minute read
September 29, 2009 |

Citigroup Sues Morgan Stanley Over $245 Million Credit Default Swap Agreement

Citigroup has filed a suit in Manhattan federal district court against Morgan Stanley, claiming that Morgan Stanley reneged on a deal to pay Citi $245 million in the event that an issuer of collateralized debt obligations failed to make payments on a line of credit Citi provided. According to the complaint, the liquidation of the CDO didn't cover the $245 million Citi is owed, and Morgan Stanley has refused to make up the difference.
2 minute read
August 23, 1999 |

Maquiladora Settlement May Improve Safety

An American company's $30 million settlement to families of Mexican maquiladora workers who were killed in a bus crash should make U.S. firms more careful about worker safety outside the plant, some international lawyers say. But it remains to be seen whether the suit will serve as a blueprint for countless Mexican workplace suits to be filed in Texas courts, as defense lawyers argued in their bitter fight over the forum of the case before settling on Aug. 16.
5 minute read
February 05, 2004 |

Battle Over Klimt Paintings has Broad Implications

An 87-year-old Southern California woman's long battle with Austria over ownership of six art masterpieces stolen by the Nazis will be heard by the U.S. Supreme Court this month in a case with implications for international relations and federal court authority. As an increasing number of U.S. citizens and aliens turn to federal courts seeking remedies for injuries that occurred in another nation, the 800-pound gorilla guarding the federal courthouse is the Foreign Sovereign Immunities Act.
8 minute read
February 06, 2004 |

High Court to Hear a Case of Stolen Art

An 87-year-old California woman's long battle with Austria over ownership of six art masterpieces stolen by the Nazis will be heard by the U.S. Supreme Court this month in a case with implications for international relations and federal court authority.
8 minute read
December 10, 2012 |

Some Firms Return to Downtown While Others Brace for More Delay

Six weeks after Sandy hit New York, lower Manhattan law firms that remain out of their offices are hoping to return by next month but are confronting the possibility it could take much longer.
5 minute read
November 08, 2000 |

New York Alternative Schools Must Give Regents Exam

An appellate panel in Albany, N.Y., upheld a State Education Department mandate requiring students at alternative public schools to take Regents examinations, handing the education commissioner a significant victory. "This is the first real challenge to the new state testing requirements and the higher learning standards," said Kathy Ahearn, counsel to the commissioner and the Board of Regents.
3 minute read

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