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May 12, 2006 |

Six Days, Six Lawyers, $24 Billion

Golden West Financial GC Michael Roster used to tell outside lawyers that there were certain firms he would call in to do a major transaction, but he wouldn't necessarily say who those firms were. As it turned out, Wall Street's Wachtell, Lipton, Rosen & Katz drew the ace card when it came to counseling the bank through what analysts are calling the year's second-largest deal: the cash and stock acquisition of Golden West by Wachovia. Wachtell handled the $24.2 billion deal with six lawyers in six days.
3 minute read
August 02, 1999 |

Lynch Can't Prove Libel by Union But Might Against Political Consultant

Calling a politician a mobster is defensible if you believe it to be true, or if it's such obvious hyperbole that no one else would believe it to be true, the NJ Supreme Court ruled last week. That means state Sen. John Lynch's libel suit against the New Jersey Education Association is dismissed. But the Court allowed Lynch, a public figure, to pursue his libel claim against the group's consultant who knew the published statement: "This Is No Lie: John Lynch is Connected to the Underworld," to be false.
4 minute read
October 09, 2001 |

Past Haunts Brobeck in Smoker's Suit

A San Francisco judge Friday disqualified Brobeck, Phleger & Harrison from representing a smoker in a suit against R.J. Reynolds Tobacco Co. and Philip Morris Inc. The reason? Brobeck had served as RJR's chief counsel for smoking cases in Northern California for 27 years. Brobeck called RJR's motion a "cynical effort" to derail trial, but others are viewing Brobeck's entry into plaintiffs' tobacco litigation with a critical eye.
4 minute read
November 28, 2005 |

Accounting Fraud

It was a strikingly long sentence-24 years and four months-imposed on a lawyer/accountant who was a first offender and a mid-level participant in a cooking the books securities fraud.
7 minute read
March 26, 2007 |

Biovail Pharmaceuticals Fires Kasowitz Benson From High-Profile Case

Biovail Pharmaceuticals fired Kasowitz, Benson, Torres & Friedman from its case against several hedge funds and Wall Street analysts Friday, as questions continued over whether the law firm knowingly used documents covered by a protective order to help bring the suit. At issue are documents that were part of a separate class action involving Banc of America Securities LLC. BAS claims Kasowitz Benson and Biovail used the material to pump up the case against the hedge funds.
3 minute read
February 25, 2003 |

Where Did Our Money Go?

4 minute read
January 05, 2011 |

Former D.A. Changes Firms to Get Back Into Courtroom

Kenneth B. Hodges III has joined Atlanta's Ashe, Rafuse & Hill to get back into the courtroom. He moved from the Baudino Law Group, the health law firm that he joined in November 2008 after stepping down as Dougherty County district attorney, an office he'd held for 12 years.
5 minute read
June 21, 1999 |

Next Up, a Really Weighty Legal Issue

The latest Hollywood legal squabble involves what arguably shapes up to be one of the more egregious sins in Tinseltown: Suggesting that a celebrity could stand to lose a few pounds. Last month, Paula Abdul filed a $1 million complaint in L.A. Superior Court. The suit targets the "Hollywood 48-Hour Miracle Diet" and a panoply of its manufacturers and marketers. Abdul's lawyers say that the diet ads that mentioned her were defamatory, invasive and "calculatedly false."
4 minute read
Cravath Prevails in Airgas Conflicts Fight in Delaware
Publication Date: 2010-03-05
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Delaware Chancellor William Chandler III found "no basis" to disqualify the firm from representing Air Products in a hostile takeover bid for former client Airgas. But the judge declined to decide one key issue.

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