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May 17, 2011 |

Wal-Mart first-quarter profit rises

Wal-Mart Stores, the world's largest retailer, posted a 3.8 percent gain in first-quarter profit, beating analysts' estimates as growth abroad helped make up for U.S. sales declines.
4 minute read
April 15, 2004 |

New Deals

Some of New York's best known law firms are featured in this week's roundup of movers and shakers in the mergers and acquisitions game.
3 minute read
January 14, 2013 |

2012's 10 Big Moments for Chief Compliance Officers

As companies head into 2013 facing yet another year of increasing and complex compliance and ethics challenges, here's a look at big developments from 2012 that should give some boards and C-suites pause.
7 minute read
December 13, 2007 |

Directors' And Officers' Liability

Joseph M. McLaughlin, a partner at Simpson Thacher & Bartlett, writes that The subprime mortgage crisis has escalated into widespread and fast-evolving litigation and regulatory exposure for a host of participants in global financial markets. The magnitude of the problem has occasioned a startlingly swift legislative proposal that would significantly affect the origination and securitization of residential mortgage loans.
14 minute read
November 23, 2010 |

No more gran torinos for states losing $3.5 billion in revenues for Hollywood movie making

Incentives for Hollywood have been scaled back in Wisconsin, capped in Rhode Island, suspended in New Jersey, Iowa and Kansas and scheduled to expire in Arizona. While states continue to expand and introduce subsidies, programs around the country face allegations of corruption, doubts about job-creating power and, most of all, questions about affordability.
9 minute read
Rakoff Rejects SEC's $285 Million Citi Settlement
Publication Date: 2011-11-28
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Manhattan federal district court judge Jed Rakoff has been stewing for years over the SEC's approach to settlements with alleged Wall Street malefactors. In his ruling Monday rejecting the agency's settlement with Citigroup over is marketing of an ill-fated CDO, the judge finally boiled over.

February 24, 2003 |

Five Questions: Levine, Blaszak, Block & Boothby

Levine, Blaszak, Block & Boothby is a 16-lawyer boutique specializing in the representation of large users of telecom and network-related services. LB3 was founded 10 years ago in the District by three lawyers from the D.C. office of Morrison & Foerster — Henry Levine, Ellen Block, and Debra Lagapa (since retired). They were soon joined by Colleen Boothby and James Blaszak.
11 minute read
In re Lehman Brothers Holdings Inc., et al., 08-13555 (JMP)
Publication Date: 2011-02-25
Practice Area: Bankruptcy
Industry:
Court: U.S. District Court, Southern District
Judge: Bankruptcy Judge James M. Peck
Attorneys:
For plaintiff: Attorneys for Lehman Brothers Holdings Inc., et al.: Robert W. Gaffey, Esq., Jayant W. Tambe, Esq., William J. Hine, Esq., Tracy V. Schaffer, Esq., Jones Day, New York, New York.
For defendant: Special Counsel to the Official Committee of Unsecured Creditors of Lehman Brothers Holdings Inc., et al.: Susheel Kirpalani, Esq., James C. Tecce, Esq., Eric M. Kay, Esq., Robert K. Dakis, Esq., Quinn Emanuel Urquhart & Sullivan LLP, New York, New York Attorneys for James W. Giddens, as Trustee for the SIPA Liquidation of Lehman Brothers Inc.: William R. Maguire, Esq., Seth D. Rothman, Esq., Neil J. Oxford, Esq., Hughes Hubbard & Reed LLP, New York, New York. Attorneys for James W. Giddens, as Trustee for the SIPA Liquidation of Lehman Brothers Inc.: John F. Wood, Esq., Hughes Hubbard & Reed LLP, Washington, D.C. Attorneys for Barclays Capital Inc.: Jonathan D. Schiller, Esq., Jack G. Stern, Esq., Boies, Schiller & Flexner LLP, New York, New York. Attorneys for Barclays Capital Inc.: Hamish P. M. Hume, Esq., Boies, Schiller & Flexner LLP, Washington, D.C. Attorneys for Barclays Capital Inc.: David Boies, Esq., Boies, Schiller & Flexner LLP, Armonk, New York Attorneys for U.S. Securities and Exchange Commission: Jacob H. Stillman, Solicitor, Katharine B. Gresham, Assistant General Counsel, Mark Pennington, Assistant General Counsel, Dimple Gupta, Attorney, U.S. Securities and Exchange Commission, Washington, D.C. Attorneys for the U.S. Securities and Exchange Commission: Alistaire Bambach, Esq., Patricia Schrage, Esq., U.S. Securities and Exchange Commission, New York, New York Attorneys for the Securities Investor Protection Corporation: Josephine Wang, General Counsel, Kenneth J. Caputo, Senior Associate General Counsel, Securities Investor Protection Corporation, Washington, D.C. *1
Case number: 08-13555 (JMP)

Cite as: In re Lehman Brothers Holdings Inc., et al., 08-13555 (JMP), NYLJ 1202483178997, at *1 (SDNY, Decided February 22, 2011)Bankruptcy Judge James M. Peck

March 16, 2006 |

New Deals

North Fork Bancorporation Inc. has been acquired by Capital One Financial Corporation in a $14.6 billion cash and stock deal. The combined company, which will become one of the 10 largest banks in the nation, will have 655 branches and deposits of more than $84 billion. Also, Knight Ridder Inc., the second-largest newspaper chain in the country, was acquired for $4.5 billion by the McClatchy Company, and Gentiva Health Services Inc. acquired The Healthfield Group Inc. for $454 million.
4 minute read
In Re: Enron Creditors Recovery Corp. v. Alfa, 09-5122-bk(L)
Publication Date: 2011-07-01
Practice Area: Bankruptcy
Industry:
Court: U.S. Court of Appeals, Second Circuit
Judge: Before: Walker, Cabranes, C.JJ., And Koeltl, D.J.*
Attorneys:
For plaintiff: Michael Schatzow (Robert L. Wilkins, Mitchell Y. Mirviss, Colleen M. Mallon, Richard L. Wasserman, on the brief), Venable LLP, Baltimore, MD, for Appellant Enron Creditors Recover Corp. Michael L. Cook (Brian C. Tong, on the brief), Schulte Roth & Zabel LLP, New York, NY, for Appellee Alfa, S.A.B. de C.V. Sabin Willett (Mark M. Elliott, Eric Heining, on the brief), Bingham McCutchen LLP, Boston, MA, for Appellees ING VP Balanced Portfolio, Inc., and ING VP Bond Portfolio, Inc. Mark D. Cahn, Deputy General Counsel (Morgan Bradylyons, Attorney, Jacob H. Stillman, Solicitor, Katharine B. Gresham, Assistant General Counsel), on the brief, Securities and Exchange Commission, Washington DC, for amicus curiae Securities and Exchange Commission. Joshua D. Cohn (Christopher J. Houpt), on the brief, Mayer Brown LLP, New York, NY, for amicus curiae Securities Industry and Financial Markets Association.
For defendant:
Case number: 09-5122-bk(L)

Cite as: In Re: Enron Creditors Recovery Corp. v. Alfa, 09-5122-bk(L), NYLJ 1202499017169, at *1 (2d Cir., Decided June 28, 2011)Before: Walker, Cabranes, C.JJ.

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