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June 27, 2001 |

Taking Names (off the Door)

They call it branding. It's the law firm marketing director's quest to make the firm's name a household word to all the in-houses. It's shooting to become the Coke or Ford of the new law business. And, says Chicago lawyer Gerald Skoning, in the process of designing a sleek new image for the legal marketplace, many prominent name partners of prestigious corporate law firms are being branded into obscurity.
4 minute read
November 05, 2004 |

The Firm Reports: From N to W

189 minute read
Plaintiffs Get Sympathy But No Injunction in Shareholder Litigation over $21 Billion El Paso Deal
Publication Date: 2012-03-01
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The plaintiffs lawyers leading El Paso shareholders' assault on the company's planned $21 billion acquisition by Kinder Morgan lost their bid to enjoin the sale late Wednesday, but they sure got the judge's attention. Can they translate the opprobrium of Delaware Chancery Court chancellor Leo Strine Jr. into a big payday--and more than a little embarrassment for El Paso advisor Goldman Sachs?

Shaking His Head and Holding His Nose--and Quoting Yogi Berra--Judge Rakoff Approves SEC's $150 Million Settlement with BofA
Publication Date: 2010-02-22
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The judge called the deal "half-baked justice at best," but still "better than nothing." And that's about the best Rakoff had to say for a case that's bedeviled him for six months.

April 26, 2010 |

Foodie

Profile of Michael C. Nichols, senior vice president and general counsel for Sysco Corp.
5 minute read
AIG Loses Bid to Dismiss Class Action over Subprime Exposure
Publication Date: 2010-09-27
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The AIG litigation machine keeps humming as a New York federal judge declines to dismiss a class action alleging that the insurer misled shareholders about its credit default swap portfolio.

March 29, 2010 |

Justices to Consider a Border Battle Over Lawsuits

The U.S. Supreme Court today will hear arguments in a "foreign-cubed" securities class action suit -- the latest legal nemesis that keeps lawyers for companies ranging from Toyota to Vivendi up at night. Foreign companies and countries have flooded the Court with amicus briefs, signaling the importance of the case worldwide. And the case, Morrison v. National Australia Bank, comes to a Court that has grown increasingly skeptical about U.S. courts exerting extraterritorial jurisdiction.
7 minute read
SEC Investigating Allegations that Khuzami Caved to Pressure from Citigroup, Spared Individual Defendants in Bank's Controversial $75 Million Settlement
Publication Date: 2011-01-11
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An anonymous tipster with apparent inside knowledge of the agency's negotiations with Citi raised the allegations in an unsigned fax to Sen. Charles Grassley. True or not, the fax makes for compelling reading--and we've got a link to it.

AIG Throws One-Two Punch in Bank of America MBS Litigation with $10.5 Billion Suit and New Challenge to $8.5 Billion Bondholder Settlement
Publication Date: 2011-08-08
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We've all been waiting for the other shoe to drop since word leaked in April that AIG was getting ready to sue the banks that sold it $40 billion in toxic mortgage bonds. On Monday AIG's lawyers at Quinn Emanuel slammed it down--and hard. The bank's new litigation woes, coupled with the U.S. credit downgrade, may have conspired to knock 20 percent off BofA's stock price on Monday.

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