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March 27, 2006 |

Firms Buying Their Way Into the High Court Club

With its relatively minimal docket, the Supreme Court wouldn't necessarily come to mind as a growth market. But it's becoming one. It's now standard operating procedure for clients in high-stakes corporate cases before the Court to snag a member of the high court bar, the elite and exclusive cadre of practitioners who have effectively cornered the market and, in a sense, serve as unofficial gatekeepers to the Court. But now, more firms are trying to buy their way into the club.
9 minute read
July 10, 2007 |

Conservatives Fear 4th Circuit Is Slipping Away

After a period of relative ease in securing two U.S. Supreme Court appointments and several controversial judicial nominations, the question is whether the GOP will continue to make such gains in the federal judiciary during President George W. Bush's last 18 months in office. Case in point: the influential 4th Circuit, which has four vacancies and a fifth judge waiting to be relieved before taking senior status. The president has turned strangely silent on the vacancies on the 4th Circuit.
7 minute read
Awaiting Ruling on Motion to Dismiss, K-V Pharmaceutical Settles $72 Million ARS Suit Against Citi
Publication Date: 2010-02-11
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Is K-V yet another disappointed ARS plaintiff? Terms of the settlement are confidential, but the timing suggests surrender by K-V.

McDermott Represents Greenberg's Starr International in Suit Against E&Y for Lehman Losses
Publication Date: 2011-06-06
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Already facing a securities class action and a lawsuit by New York's attorney general, Ernst & Young is now hit with claims by the investment firm led by former AIG chairman Hank Greenberg. Starr International seeks damages for losses on $200 million in Lehman securities that it bought in June 2008.

October 25, 2004 |

Parties Dispute What Court Meant in Order for Redistricting Review

As early voting got under way on Oct. 18, the U.S. Supreme Court ordered a three-judge federal panel to reconsider the panel's decision earlier this year to affirm the Texas Legislature's 2003 remapping of the state's 32 congressional districts.
6 minute read
Sin Citi? Lehman Trustee Claims Bank Misappropriated $1.3 Billion in Brokerage's Final Days
Publication Date: 2011-03-21
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Lehman examiner Anton Valukas said there wasn't much evidence that Citi "acted unreasonably, irrationally, arbitrarily, or in bad faith" when it threatened to withhold credit from Lehman's brokerage unit after Lehman filed for bankruptcy. But according to the trustee, Citi's threats were just the beginning of a billion-dollar fraud.

July 10, 2006 |

Despite Plea for Harmony, Court Term Ends on Dissonant Note

A U.S. Surpeme Court term that began with hope and at least limited evidence that a new era of consensus had begun dissolved in its final weeks into a blizzard of quarrelsome writing that clarified little and robbed some decisions of their precedential force.
7 minute read
July 30, 2001 |

Battling the Patent Trolls

Assistant general counsel at semiconductor titan Intel Corp., Peter Detkin spends much of his time fighting off claims of patent infringement by companies that have never made a semiconductor device. In 1999 alone, the claims topped $15 billion, Detkin said, and he hurls the epithet "patent trolls" at the companies that want Intel to pay up.
13 minute read
Judge Kaplan Green-Lights Most Claims in Giant Lehman Securities Case
Publication Date: 2011-07-27
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Citing Lehman's infamous Repo 105 balance transfers, federal district court Judge Lewis Kaplan ruled that most of the claims in the mammoth Manhattan securities class action against Lehman's directors, officers, auditor, and underwriters could move forward.

November 02, 2004 |

Kerry Mirrors Bush on Major DOJ Issues

What would the Justice Department look like if John Kerry wins the White House? Observers predict he would introduce a very different mind-set, particularly in terms of enforcing civil rights and prosecuting environmental crimes. But when it comes to the DOJ's No. 1 law enforcement priority -- disrupting and prosecuting terrorists -- Kerry and George W. Bush share a lot of common ground.
8 minute read

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