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The Long Dance Is Almost Over: UBS and Justice Announce Agreement in Principle, Details Not Yet Disclosed
Publication Date: 2009-07-31
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We've been waiting for this news for a week: On Friday, a government lawyer said the Justice Department and the Swiss bank had reached a settlement on the disclosure of the names of 52,000 wealthy Americans with UBS accounts, though he said it would take some time to finalize it. The announcement means we've almost come to the end of the delicate, diplomatic negotiations between the U.S. and Switzerland.

The City of New York v. Mickalis Pawn Shop, LLC, 08-4804-cv
Publication Date: 2011-05-06
Practice Area: Civil Practice
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Court: U.S. Court of Appeals, Second Circuit
Judge: Before: Sack and Wesley, C.JJ, and Eaton, Judge.**
Attorneys:
For plaintiff: Frederick a. Brodie (Kenneth W. Taber, of counsel), Pillsbury Winthrop Shaw Pittman, LLP, New York, N.Y.; Eric Proshansky, Assistant Corporation Counsel (Richard J. Costa, Ari Biernoff, of counsel), for Michael A. Cardozo, Corporation Counsel of the City of New York, New York, N.Y., for Plaintiff-Appellee City of New York.
For defendant: Justin S. Kahn, Kahn Law Firm, Charleston, S.C., for Defendant-Appellant Mickalis Pawn Shop, LLC. John f. Renzulli (Scott C. Allan, of counsel), Renzulli Law Firm, LLP, White Plains, N.Y., for Defendant-Appellant Adventure Outdoors, Inc.
Case number: 08-4804-cv

Cite as: The City of New York v. Mickalis Pawn Shop, LLC, 08-4804-cv, NYLJ 1202493061134, at *1 (2d Cir., Decided May 4, 2011)Before: Sack and Wesley, C.JJ, and

Bondholders Gear Up to Sue BofA, Bank of New York over $47 Billion in Countrywide Mortgage-Backed Securities
Publication Date: 2010-10-19
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On Monday the bondholders' counsel, Gibbs & Bruns, sent a notice of non-performance to the banks, claiming that the Countrywide bond offerings were backed by mortgages that didn't meet contractual underwriting standards. The next step will be a suit demanding more than $20 billion in buybacks.

August 28, 2006 |

Prominent Corporate Lawyers Didn't Stop Shady Options Deals

A review by The Recorder of SEC filings for 17 companies that had prominent Silicon Valley lawyers serving as directors has uncovered questionable option grant dates for executives at five. While the grant patterns aren't necessarily evidence of wrongdoing, they do suggest that suspect pay practices at startups may be more commonplace than previously thought. They also raise new questions about what some name-brand lawyers knew, or should have known, in their roles as directors.
8 minute read
December 01, 2009 |

News in Brief

5 minute read
July 05, 2007 |

As Firms Grow, Who Can't Afford to Stand Still?

A recent lack of merger activity involving Washington, D.C., law firms may be only a lull. Managing partners and recruiters theorize that firms are biding their time, doing their due diligence before starting a new round of the dating game. Says one partner, "I think we're in the pre-earthquake stage. Certain offices are starting to lose talent, and at some point there's going to be a seismic shift." Which firms are most likely to merge in the coming years? Industry insiders explain their forecasts.
13 minute read
Another Mortgage-Backed Securities Case for Quinn Emanuel: Quinn Client BNP Paribas Sues BoNY
Publication Date: 2011-01-20
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BNP claims BoNY has improperly distributed insurance proceeds from a mortgage-backed securitization trust it oversees.

November 13, 2006 |

'NLJ 250' Shows Strong Law Firm Growth Continuing

The 250 largest law firms in the U.S. grew by 4 percent in 2006, a figure that was just shy of the prior year's gains, according to The National Law Journal's 29th annual survey. The results indicate a "healthy legal economy" spurred by strong mergers and acquisitions activity and big-ticket litigation, said one law firm consultant. And while law firms used to base their mergers on geography and size for size's sake, they now take a much more strategic approach, said another consultant.
10 minute read
Magazine Defendants Lose Supreme Court Bid to Dodge Antitrust Claims
Publication Date: 2013-01-08
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The U.S. Supreme Court refused on Monday to second-guess an appellate court's decision to revive an antitrust suit against a big swath of the magazine industry, handing a win to bankrupt magazine wholesaler Anderson News and its lawyers at Kasowitz, Benson, Torres & Friedman and Kellogg, Huber, Hansen, Todd, Evans & Figel.

November 23, 2005 |

Is the Magic Circle Becoming the Tragic Circle?

From 1998 through 2001, U.K.-headquartered law firms had astonishingly high growth rates. The last three years have been less kind, and firms are trying to hold on to these gains by the skin of their teeth. The largest and most lucrative mergers and acquisitions deals in Europe are being cherry-picked by U.S. firms, and Europe has seen neither a rise in U.S.-style litigation nor the volume of corporate meltdowns handled by their American counterparts. Partha Bose analyzes who will survive -- and how.
18 minute read

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