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November 01, 2007 |

What's Behind the Drop in Corporate Fraud Indictments?

The Justice Department's Corporate Fraud Task Force record is a long litany of achievements punctuated by disappointment and controversy. From case records and statistics, as well as interviews with prosecutors, task force members and defense lawyers, The American Lawyer derived a detailed portrait of corporate fraud prosecutions over the last five years. Perhaps the most curious of the findings is the precipitous decline in major corporate fraud indictments since the re-election of President Bush.
20 minute read
January 01, 2010 |

Class Acts

These 24 firms stood out for the sterling results they obtained for clients in 2008 and 2009.
8 minute read
MBIA Inc., et al v. BN AMRO Bank, N.V. 601475/09
Publication Date: 2011-01-11
Practice Area: Business Law
Industry:
Court: Supreme Court, Appellate Division, First Department
Judge: Before: Peter Tom, J.P.; Angela M. Mazzaretti; John W. Sweeny, Jr.; Helen E. Freedman; Sheila Abdus-Salaam, JJ.
Attorneys:
For plaintiff: Kasowitz, Benson, Torres & Friedman LLP, New York (Marc E. Kasowitz, Daniel R. Benson, Aaron H. Marks, Albert S. Mishaan and Kenneth R. David of counsel), for appellants.
For defendant: Sullivan & Cromwell LLP, New York (Gandolfo V. DiBlasi, Michael T. Tomaino, Jr. and Brian T. Frawley of counsel), for respondents.
Case number: 601475/09

Cite as: MBIA Inc., et al v. BN AMRO Bank, N.V. 601475/09, NYLJ 1202477729572, at *1 (App. Div., 1st , January 11, 2011)Before: Peter Tom, J.P.; Angela M. Mazza

November 05, 2009 |

New Deals

Berkshire Hathaway announced on Monday that it is acquiring 77 percent of the country's largest railroad, Burlington Northern Santa Fe, for $34 billion in cash and stock. Berkshire, the holding company for the assets of Warren Buffett, the world's second-richest man, already owns the other 23 percent. Also, toolmakers The Stanley Works and Black & Decker are merging in a $3.5 billion all-stock transaction.
5 minute read
May 28, 2003 |

Defendants appeal from an order of the Supreme Court, New York County (Herman Cahn, J.), entered January 15, 2002, which denied their motion to dismiss the complaint.
14 minute read
January 31, 2011 |

Getting Fired: Don't Deal With the In-House Counsel and Deal With It Publicly?

Heaven forbid, IF you get fired, don't talk with the in-house counsel and deal with it in a public manner? Uh oh, that's not what an in-house lawyer wants to hear ...
157 minute read
September 22, 2006 |

Icahn Blasts ImClone Management

In the wake of a judge's ruling that stripped ImClone Systems of key exclusive patent rights, the biotech's biggest rival wasted little time taking advantage of the situation. After the market closed Tuesday, biotech giant Amgen Inc. said it had licensed the same technology to which ImClone lost its exclusive rights. Meanwhile, in what could lead to a full-blown power struggle, newly elected ImClone director Carl Icahn blasted management for the patent loss and for ImClone's "sorry record" in general.
4 minute read
March 26, 2007 |

Class Certification Overturned in Enron Shareholder Suit

Plaintiffs lawyer Bill Lerach says that Enron shareholders will ask the Supreme Court to review a March 19 opinion from the 5th U.S. Circuit Court of Appeals that put the brakes on the trial in Mark Newby, et al. v. Enron Corp., which was set to begin on April 16 in U.S. District Judge Melinda Harmon's Houston court.
7 minute read
September 25, 2006 |

Icahn's Influence Could Dictate ImClone's Decision to Appeal Patent Ruling

Carl Icahn isn't getting his way, at least not yet. ImClone Systems responded to its most famous shareholder's latest attacks by giving him a board seat but keeping Chairman David Kies, despite Icahn's continued public thrashing of him. One indication of Icahn's influence could come in the legal battle over a key patent behind ImClone's sole marketed product, cancer fighter Erbitux. If ImClone reverses course and drops its appeal of the patent case, it would be a concession to one of Icahn's public demands.
4 minute read
Glacken v. The Incorporated Village Of Freeport, 09-4832
Publication Date: 2010-10-12
Practice Area: Legal Profession
Industry:
Court: United States District Court, Eastern District
Judge: District Judge Denis R. Hurley
Attorneys:
For plaintiff: Law Offices of Edwards & Edwards, Attorneys for Plaintiff, New York, By: Harrison J. Edwards, Esq.
For defendant: Jaspan Schlesinger LLP, Attorneys for Defendant Incorporated Village of Freeport, New York, By: Stanley A. Camhi, Esq., Jessica M. Baquet, Esq. D'Amato & Lynch, LLP, Attorneys for Defendants Andrew Hartwick and Howard Colton, New York, By: Stephen F. Willig, Esq. *1
Case number: 09-4832

Cite as: Glacken v. The Incorporated Village Of Freeport, 09-4832, NYLJ 1202473146755, at *1 (Ed NY, Decided October 06, 2010)District Judge Denis R. Hurley

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