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October 01, 2007 |

Carbon Market Opportunity Came Out of Thin Air

Atlanta attorney John Varholy went to London six years ago to help clients trade an invisible, intangible commodity on a market that didn't exist. Now the managing partner of Troutman Sanders' London office, Varholy focuses on the market for trading carbon emission allowances -- essentially, the right to pollute. Created by a Gordian knot of regulations, the multibillion-dollar market is big business in Europe, and it may one day serve as a model for what could happen in the United States.
16 minute read
MBIA Insurance Company v. Countrywide Home Loans, 602825/08
Publication Date: 2011-07-01
Practice Area: Business Law
Industry:
Court: Appellate Division, First Department
Judge: Before: Angela M. Mazzarelli,J.P., David B. Saxe, Dianne T. Renwick, Leland G. DeGrasse, Roslyn H. Richter, JJ.
Attorneys:
For plaintiff: Goodwin Procter LLP, New York (Mark Holland, Christopher J. Garvey, Abigail K. Hemani, Ashley H. Gray, Paul F. Ware, Jr., and Sarah Heaton Concannon of counsel), for appellants-respondents.
For defendant: Quinn Emanuel Urquhart & Sullivan LLP, New York (Philippe Z. Selendy, Peter E. Calamari, Sanford I. Weisburst, Manisha M. Sheth and Eve S. Moskowitz of counsel), for respondent-appellant.
Case number: 602825/08

Cite as: MBIA Insurance Company v. Countrywide Home Loans, 602825/08, NYLJ 1202499059313, at *1 (App. Div. 1st, Decided June 30, 2011)Before: Angela M. Mazzarel

July 18, 2013 |

Dozens of South Florida Attorneys Named To Florida Bar Committees And Boards

Dozens of South Florida attorneys have been named to leadership positions on Florida Bar committees and boards.
4 minute read
Paul Weiss Steps in to Defend Newly-Certified Class Action Against BofA over Merrill Deal
Publication Date: 2012-04-23
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For close to two years, counsel for Bank of America at Cleary Gottlieb and Wachtell Lipton have been struggling--and largely failing--to tame consolidated securities, ERISA, and derivative litigation over BofA's 2008 merger with Merrill Lynch. Will Brad Karp, Ted Wells, and their partners at Paul Weiss fare any better?

November 01, 2011 |

Cases to Watch

Six litigations likely to have a big impact on rapidly changing areas of the law.
16 minute read
April 17, 2013 |

Judge denies former Sen. D'Amato $1 million claim in Rothstein Ponzi

Former U.S. Senator Alfonse D'Amato's $1 million investment in Scott Rothstein's Ponzi scheme was revealed when a bankruptcy judge denied his claim for repayment.
3 minute read
Bank of America v. Satnarine Maharaj, 5804-2010
Publication Date: 2010-10-14
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Court: Supreme Court, Suffolk County
Judge: Before: Justice Peter H. Mayer
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Case number: 5804-2010

Cite as: Bank of America v. Satnarine Maharaj, 5804-2010, NYLJ 1202473328131, at *1 (Sup. SU, Decided September 21, 2010)Before: Justice Peter H. Mayerp cl

Ninth Circuit Hands Securities Plaintiffs One Mixed Bag, One Loss
Publication Date: 2013-01-02
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The chief judge of the U.S. Court of Appeals for the Ninth Circuit handed plaintiffs securities lawyers a partial victory Wednesday, while one of his protégés handed them a flat-out defeat.

January 23, 2009 |

What Is the Propriety of Service Of Process on Foreign Central Banks?

Stephen M. Harnik, a partner at Harnik Wilker & Finkelstein, and Christian Votava, an associate at the firm, whether characterized as the state itself or an "agency or instrumentality" of the foreign state, service of process on a foreign central bank regardless of the existence or designation of its U.S. presence should have to be made exclusively under �1608(a). Until such time as the FSIA may be so amended, they conclude, foreign central banks with offices in the United States may be advised to seek to acquire consular status.
21 minute read
February 28, 2008 |

Goldman, Lehman may not have dodged credit crisis

5 minute read

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