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January 20, 2006 |

Grosshandels-und Lagerei-Berufsgenossenschaft, plaintiffs-appellants v. WTC Properties LLC, defendants-appellees

German Law Did Not Give Insurers Authority to Bring State-Law Claims Arising From 9/11 Terrorist Attacks
11 minute read
December 13, 2006 |

Lawyers' Fund for Client Protection - Lists

Notice to the bar.
64 minute read
Another One Bites the Dust: With Emphatic Dismissal of Antitrust Auction-Rate Securities Class Action, Plaintiffs Cut Off from Alternative Route to ARS Recovery
Publication Date: 2010-01-27
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It's quite remarkable, really. A $300 billion market imploded, but plaintiffs firms can't figure out how to bring a viable suit. This time, a New York judge concluded their class action was a securities case in antitrust clothing.

May 26, 2006 |

Briefs Reflect High Stakes in Fight Over KPMG's Attorney Fee Policy

The defense bar and business groups are closely watching a federal judge's decision to hold the government's feet to the fire over the pressuring of KPMG to limit or withhold payment of attorney fees to firm employees being investigated by the Justice Department. Business groups submitted amicus curiae briefs this week in an attempt to persuade the judge that it's wrong for the DOJ to weigh a company's policy on paying legal fees to employees when a company is seeking to cooperate and avoid prosecution.
10 minute read
July 12, 2006 |

Indicted Ex-KPMG Employees Sue Company for Legal Fees

Sixteen former employees of accounting firm KPMG have sued to compel the company to advance their legal fees and expenses in connection with a federal probe of an illegal tax shelter scheme. The suit, filed in federal court late Monday, follows an invitation last month by Southern District of New York Judge Lewis A. Kaplan, who ruled that prosecutors had violated the defendant employees' Fifth and Sixth Amendment rights by coercing KPMG into capping legal fees for the former employees.
6 minute read
November 15, 2010 |

Toyota's Worst Nightmare: Where Will the Carmaker's Dispute With a Former In-House Lawyer End?

Dimitrios Biller was hired to help manage Toyota's litigation, and he wound up turning those skills on his own company. Toyota paid him $3.7M to go away — but he's back with a vengeance. | INTERACTIVE TIMELINE
20 minute read
Simpson Thacher Scores for Banks, Fends Off Appeal in Auction-Rate Antitrust Class Action
Publication Date: 2013-03-05
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It was inevitable that the collapse of the $300 billion auction-rate securities market in 2008 would trigger securities litigation. But the ARS freeze also spawned a massive antitrust case, after a trio of plaintiffs firms cooked up a theory that the market's demise was triggered by an illegal boycott on the part of major banks.

Plaintiffs Target PricewaterhouseCoopers in MF Global Case
Publication Date: 2012-11-05
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Plaintiffs lawyers accusing the bankrupt securities firm MF Global of bilking customers out of $1.6 billion have expanded their civil suit with new claims against the auditing giant PricewaterhouseCoopers.

October 03, 2001 |

Losing the Race

The story of Cleary, Gottlieb, Steen & Hamilton's lauded, yet ultimately unsuccessful attempt at promoting and retaining racial diversity may be used as a prism for viewing modern race relations in American law firms. Because the firm clearly did some things right, then stumbled along the way, understanding what happened at New York-based Cleary may shed light on the dearth of African-American partners at firms across the country.
24 minute read
DOJ on Libor Investigations: 'We're Not Done'
Publication Date: 2013-09-25
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The Justice Department announced criminal charges Wednesday against three former brokers at London-based brokerage firm ICAP PLC, accusing them of scheming with a senior trader at UBS AG to manipulate the London interbank offered rate.

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