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June 06, 2005 |

Difficult road for Andersen retrial

In the government's aggressive and largely successful pursuit of corporate fraud in recent years, the conviction of Arthur Andersen LLP was its first major, high-profile victory. A retrial after last week's stinging reversal by the U.S. Supreme Court is unlikely, and that will be a difficult pill for government prosecutors to swallow.
8 minute read
March 01, 2005 |

Newsbriefs

4 minute read
July 09, 1999 |

Captive Market Yields High Rates

Carol Martindale-Taylor was a college student when she fell in love with an inmate 2,000 miles away in Virginia -- a man she would eventually marry. Martindale-Taylor faced astronomical phone bills driven up by surcharged collect calls from the prison. She now co-chairs the Maryland chapter of Citizens United for the Rehabilitation of Errants (CURE), a national prison reform organization trying to cut the cost of prison phone service with pro bono assistance.
8 minute read
May 17, 2000 |

Seven Over There

Manhattan native James Venit loves using the subject of economics to win merger approval from the European Commission for such clients as America Online and Allied Signal. "My approach to merger work is 'unlegal.' I think a lot about economics, and I don't care about precedents," says Venit, who chairs Wilmer, Cutler & Pickering's firmwide antitrust and competition department in Brussels. Venit is one of several powerful lawyers nurturing and growing U.S. firms across the Atlantic.
11 minute read
June 02, 2003 |

Digging Deeper

Rancorous bankruptcies stretch from Hawaii to San Francisco to Manhattan. As the pot of money gets ever smaller and the creditor constituencies grow even larger in today's bankruptcies, no legal argument or ploy is off-limits. So why hasn't anyone really seized upon the use of the "deepening insolvency" theory to press their claims against debtors and their management?
9 minute read
May 09, 2005 |

Nation's Biggest Utility Deal Hangs on Repeal of PUHCA

The fate of the nation's biggest utility deal hangs on whether or not Congress repeals a 1935 law that limits mergers and acquisitions in the utility sector. Administrative Law Judge Robert Mahoney ruled last week that the 2000 merger of Ohio-based American Electric Power Co. and Central and South West Corp. of Texas was illegal under a provision of the Public Utilities Holding Company Act. "If PUHCA is repealed, this just goes away and the deal stands," says one energy lawyer.
4 minute read
April 19, 2004 |

Unwritten Procedures of the High Court

It's debatable whether an oral argument before the Pennsylvania Supreme Court changed any particular justice's mind in deciding a case. It's something a lawyer who argued will probably never know.
5 minute read
July 07, 2003 |

Proactive Protection for Today's Telecom Company

Texas has survived the oil and gas crash, the real estate boom and bust, and the bursting of the high-technology bubble. Cyclical in nature, one additional industry -- telecommunications -- is also on the list.
6 minute read
November 10, 2005 |

What's Really Going On in Corporate Charging Decisions?

Andrew C. Hruska, a partner at King & Spalding, wrties that a wellspring of commentary suggests that corporations should always tenaciously resist government investigations. Some have expressed fears that even cooperating companies are likely to be subjected to lethal prosecutions. In many cases, this view is flawed, misunderstanding both the role of corporate criminal prosecution and the interests of corporations subject to government scrutiny.
11 minute read

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