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October 05, 2012 |

In JPMorgan case, a potentially potent alliance for state, federal prosecutors

The first case has been filed by a joint federal-state working group on Wall Street's packaging of residential mortgage-backed securities, and more are expected.
5 minute read
October 27, 2010 |

Post-recession, being an analyst isn't easy

This is an embarrassing time to be a corporate analyst. Seventy-five percent of the 151 companies in the Standard and Poor's 500 index that have announced third quarter earnings so far have beaten analyst predictions of their earnings per share.That could mean one of two things: either analysts are bad at their jobs, or corporate America is finding ways to make money that isn't easy for an analyst to pick up.
4 minute read
August 10, 2007 |

Mortgage lender HomeBanc files for Chapter 11

ATLANTA AP - Regional mortgage lender HomeBanc Corp. has filed for bankruptcy protection, the latest casualty of a housing market that continues to weaken.The Atlanta-based company filed a Chapter 11 petition dated Thursday in U.S. Bankruptcy Court in Delaware.In the filing, the company checked off a box listing estimated assets and liabilities of more than $100 million each.
2 minute read
March 27, 2006 |

McCain's Muscle

As the straight-talking senator (right) readies a presidential bid, he's cranking up his fund-raising machine, with the help of former Bush supporters.
7 minute read
March 18, 2010 |

Judge refuses to dismiss overdraft case

As federal regulators push banks to curtail their billing of overdraft fees, a federal judge in Florida is allowing litigation to go forward that accuses seven banks-most of which have operations in Atlanta-of manipulating customer accounts in order to collect hundreds of millions of dollars in excessive overdraft fees.
8 minute read
Law Journal Press | Digital Book Computer Law: Drafting and Negotiating Forms and Agreements Authors: Richard Raysman, Peter Brown View this Book

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June 24, 2011 |

Client: Johnson & Freedman's malpractice led to $360K loss

According to one disgruntled client, in the course of just 86 seconds, Johnson Freedman lawyers set in motion a mistake that has cost more than $360,000 and amounts to legal malpractice.That client, NRT REOExperts LLC, a licensed Florida real estate broker and foreclosure asset management company, alleges in a complaint filed June 9 in DeKalb County Superior Court that Johnson Freedman and its senior managing partner, Larry W.
4 minute read
November 15, 2006 |

Drinker Biddle merges with Chicago firm

After months of speculation, Philadelphia-based Drinker Biddle & Reath and Chicago-based Gardner Carton & Douglas have confirmed to The Legal that the two firms will merge.
8 minute read
November 13, 2006 |

Drinker Biddle Merges with Chicago Firm

After months of speculation, Philadelphia-based Drinker Biddle & Reath and Chicago-based Gardner Carton & Douglas have confirmed that the two firms will merge.
8 minute read
March 22, 2013 |

Second Circuit Won't Revive 'Auction Rate Securities' Conspiracy Case

In his Antitrust column, Elai Katz, a partner at Cahill Gordon & Reindell writes that other antitrust developments of note included a ruling by the U.S. Court of Appeals for the Ninth Circuit that plaintiffs who bought price-fixed goods outside the state could bring claims under California antitrust law because the alleged collusion took place in the state and the European Commission's decision to prohibit Ryanair's renewed proposal to acquire rival Irish airline Aer Lingus.
10 minute read
November 02, 2012 |

Lack of Criteria Found No Bar to Enforcement of Clause

Manhattan Commercial Division judge Justice Eileen Bransten has ruled that a "best efforts" clause in a real estate contract can be enforced even though the contract has no objective criteria for defining best efforts, addressing an issue that has long been murky in New York courts.
4 minute read

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