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Asia Deal Digest: May 10, 2012
* Linklaters, Weil Gotshal fill up on Chinese Weetabix deal* Herbert Smith unites a Japanese coffee company with a Swiss counterpart* Allen & Overy Helps a Philippine casino operator hit a financing jackpotDaily Decision Service Alert: Vol. 20, No. 40 - March 2, 2011
Daily decision alert.Marshall Petitioners Seek High Court Help
More than 170 supporters of Georgia's John Marshall Law School -- including Atlanta Mayor Bill Campbell and Rep. Bob Barr (R-Ga.) -- are trying to save the school from closing in two years. In an effort to help the school obtain ABA accreditation, the group is asking the Georgia Supreme Court to extend the Aug. 31, 2001, deadline by which the school's students have to graduate if they want to take the Georgia bar exam. If granted, it would be John Marshall's third such extension.A Malpractice Claim Waiting to Happen
When a law firm buys malpractice insurance, how clairvoyant must it be in predicting possible claims? A Hackensack, N.J., firm maybe should have seen one coming, since it purchased its policy at the tail end of an eight-year appeal of a dismissal of a suit as time-barred. According to the carrier, failure to sue on time was malpractice per se, and the firm had a duty to disclose it on the insurance application. A New Jersey appellate court agreed and denied coverage.
Rakoff Rejects SEC's $285 Million Citi Settlement
Publication Date: 2011-11-28 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Manhattan federal district court judge Jed Rakoff has been stewing for years over the SEC's approach to settlements with alleged Wall Street malefactors. In his ruling Monday rejecting the agency's settlement with Citigroup over is marketing of an ill-fated CDO, the judge finally boiled over.
Greenberg Traurig to Shell Out $61 Million to Exit Ponzi Class Action
Publication Date: 2012-06-21 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Greenberg Traurig and Quarles & Brady have agreed to fork over a combined $87.5 million to resolve claims that they failed to put the brakes on a $900 million Ponzi scheme carried out by two mortgage-industry clients.
COPY: Firm-by-Firm Survey Responses
From Allen & Overy to Winston & Strawn, the Summer Associates Survey was summers' chance to dish on their firms. And dish they did. Get the skinny on everything from quality of work assigned to approachability of associates and partners to the relative fun of karaoke nights vs. fishing, wine tasting outings, baseball games ... . (You didn't think it was all business, did you?)
In Re Currency Conversion Fee Antitrust Litigation, MDL No. 1409
Publication Date: 2011-04-04 Practice Area: Antitrust
Industry: Court: U.S. District Court, Southern District Judge: District Judge William H. Pauley Attorneys: For plaintiff: For defendant: *1 Case number: MDL No. 1409
Cite as: In Re Currency Conversion Fee Antitrust Litigation, MDL No. 1409, NYLJ 1202488718066, at *1 (SDNY, Decided March 29, 2011)District Judge William H. Pau
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