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Williams & Connolly's Villa Wins Another Refco Dismissal for Mayer Brown
Publication Date: 2009-08-27
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It certainly wasn't good news for Mayer Brown when partner Joseph Collins was convicted in July of conspiracy, securities fraud, and wire fraud arising from his work as an outside lawyer for the fraudulent brokerage firm Refco Inc. But, as far as the firm is concerned, things could be worse. So far, Mayer Brown has succeeded in beating back nearly every attempt to hold it liable in civil suits for the damage caused by Refco's collapse in 2005. In the latest victory, a federal judge this week dismissed a suit brought on behalf of some of Refco's former brokerage customers who claimed to have lost more than a half billion dollars.

November 08, 2010 |

Vanishing Act: Year II

For the second year in a row, the NLJ 250 declined — the biggest two-year drop in the survey's 33-year history.
5 minute read
November 02, 2007 |

Protection of Transgender Employees Under Current Laws

Attorneys John D. Shyer and Toshi Kameoka write that as public awareness that transgender people face unique challenges in the workplace grows, legislatures and courts alike in several jurisdictions have responded by extending existing anti-discrimination laws to transgender people. However, legislators and judges often struggle over how to frame the category of gender identity, with many jurisdictions subsuming gender identity within the definition of an existing protected category.
5 minute read
October 14, 2005 |

Orrick to Snare Rambaud Martel

Orrick, Herrington & Sutcliffe is nearing a deal to acquire Paris law firm Rambaud Martel, the latest move in an aggressive overseas expansion this year. San Francisco-based Orrick would pick up about 50 lawyers, including name partner and rainmaker Jean-Pierre Martel, boosting its Paris presence to about 90 attorneys, an informed source said. The deal comes three months after Rambaud Martel lost six partners and about a dozen associates to the Paris office of New York's Proskauer Rose.
2 minute read
June 20, 2007 |

Wiley Rein, Insurer Sanctioned $1.25 Million

Failure to disclose a key insurance document for the Port Authority at the World Trade Center in the aftermath of the 9/11 attacks and other discovery abuses will cost Wiley Rein and Coughlin Duffy. The firms and the insurance company they represented have been sanctioned $1.25 million by a New York judge, who said the company's document destruction and attorneys' misleading statements added millions of dollars to the cost of prosecuting suits on behalf of people who suffered losses in the 2001 attacks.
7 minute read
China and SEC Reach Agreement on Deloitte Audit Docs
Publication Date: 2013-07-15
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For the first time, China's securities regulator has agreed to turn over audit documents related to an ongoing SEC investigation of a U.S.-listed Chinese company.

May 29, 2002 |

Bankruptcy Reform

AS A S WEEPING bill to overhaul the nation`s bankruptcy laws nears passage, corporate bankruptcy lawyers are bracing themselves for a statute they say threatens to wreak havoc on the Chapter 11 process.
6 minute read
China Agreement on Deloitte Docs Marks Break in Longtop Saga
Publication Date: 2013-07-12
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For the first time, China's securities regulator has agreed to turn over audit documents related to an ongoing SEC investigation of a U.S.-listed Chinese company.

June 20, 2007 |

Wiley Rein, Insurer Sanctioned $1.25 Million

Failure to disclose a key insurance document for the Port Authority at the World Trade Center in the aftermath of the 9/11 attacks and other discovery abuses will cost Wiley Rein and Coughlin Duffy. The firms and the insurance company they represented have been sanctioned $1.25 million by a New York judge, who said the company's document destruction and attorneys' misleading statements added millions of dollars to the cost of prosecuting suits on behalf of people who suffered losses in the 2001 attacks.
7 minute read
April 13, 2001 |

KPMG Claims Lernout & Hauspie Execs Lied During Audit

KPMG Bedrijfsrevisoren, the Belgian subsidiary of KPMG International and outside auditor for bankrupt Lernout & Hauspie Speech Products, claims it has proof that former L&H managers impeded the accounting firm's audit by providing false information. L&H shareholders earlier this month filed a class action lawsuit against KMPG, alleging it failed to comply with many Generally Accepted Accounting Principles.
2 minute read

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