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E&Y and PwC Can't Cite Fait to Dodge Securities Claims
Publication Date: 2013-09-10
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The auditors hoped to use to the Second Circuit's 2011 decision in Fait v. Regions Financial to escape securities claims related to the bankrupt oil shipping company Overseas Shipholding Group. A judge in New York wasn't having it.

IP Litigation Roundup: Autumn Closeout Edition
Publication Date: 2012-09-30
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The waning days of September brought the end to a slew of big patent cases involving R.J. Reynolds, Freddie Mac, LG, and others, with Verizon alone agreeing to pay more than $500 million to put two separate infringement suits to rest.

February 10, 2005 |

Pillsbury Inks Deal with D.C.'S Shaw Pittman

San Francisco-based Pillsbury Winthrop and Washington, D.C.-based Shaw Pittman announced Wednesday that they intend to merge, creating a 900-lawyer giant with national reach and global ambitions. The two firms signed a letter of intent Monday and said they expect the deal to be ratified by partners in March and finalized by April 4. If that happens, the newly minted Pillsbury Winthrop Shaw Pittman LLP would catapult into the top quarter of the AmLaw 100 list.
4 minute read
February 10, 2005 |

Pillsbury Winthrop Inks Merger Deal With Shaw Pittman

San Francisco-based Pillsbury Winthrop and Washington, D.C.-based Shaw Pittman announced Wednesday that they intend to merge, creating a 900-lawyer giant with national reach and global ambitions. The merger would catapult the newly-formed firm into the top quarter of The Am Law 100 list, long a stated goal of Pillsbury chairwoman Mary Cranston. However, many details remain -- including how many attorneys will exit because of client conflicts and how changes in compensation will shake out.
4 minute read
November 05, 2009 |

New Deals

Berkshire Hathaway announced on Monday that it is acquiring 77 percent of the country's largest railroad, Burlington Northern Santa Fe, for $34 billion in cash and stock. Berkshire, the holding company for the assets of Warren Buffett, the world's second-richest man, already owns the other 23 percent. Also, toolmakers The Stanley Works and Black & Decker are merging in a $3.5 billion all-stock transaction.
5 minute read
January 05, 1999 |

White House Wants to Give Feds Authority Over Online Pharmacies

The Clinton Administration announced a proposed new initiative to protect consumers from the illegal sale of pharmaceuticals over the Internet. The initiative earmarks $10 million in President Clinton's FY 2001 budget to hire 100 additional staff members at the Food and Drug Administration, and, if approved by Congress, would put the federal government on the frontlines of overseeing the online sale and distribution of pharmaceuticals to consumers.
6 minute read
Second Time's the Charm for Plaintiffs in Antitrust Class Action over Optical Disk Drives
Publication Date: 2012-04-22
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A dozen Am Law firms failed to convince a federal judge in San Francisco to throw out claims that many of the world's leading consumer electronics companies conspired to fix prices for CD, DVD and Blu Ray recordable and rewritable drives.

Clawback Controversy Now Clouding Dewey Bankruptcy
Publication Date: 2013-10-24
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The fight over the validity of so-called unfinished business claims in law firm bankruptcies is heating up in courts on both coasts this week.

May 04, 2000 |

10 Survival Tips For First-Year Associates

Fresh out of school, armed with a law degree and a passing grade on the bar exam, first year associates don't have a clue when it comes to practicing law. These 10 survival tips come straight from the source: junior partners and senior associates, all of whom started their practice in top-notch law firms.
5 minute read

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