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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.

August 02, 1999 |

Associates: Desktop Decorating

What's an expressive attorney to do? Once he was limited to wearing plaid ties and paisley suspenders. Now he can set loose flying toasters on his screen or rolling sushi on his desktop.An associate may have no control over the halls, but his office is his castle. A National Law Journal survey has uncovered a scary array of ways to personalize one's desk.
5 minute read
October 26, 1999 |

James C. Diggs, PPG Industries Inc.

James C. Diggs is senior vice president and general counsel of Pittsburgh-based PPG Industries, a manufacturer of coatings, glass, fiberglass and chemicals. The world's largest producer of vehicular coatings, PPG operates about 120 manufacturing plants and employs more than 32,000 workers worldwide.
5 minute read
April 01, 2010 |

That's Entertainment

Set the TiVo to India's TV18 for The Firm, a top-rated television show where corporate lawyers talk about corporate law. Really.
4 minute read
March 27, 2008 |

New Deals

Providing a much-appreciated piece of good news on Wall Street, Visa Inc. set a record for initial public offerings, selling 446.6 million shares at $44 each and raising $19.7 billion. Also, faced with the threat that angry shareholders might scuttle the deal, JPMorgan Chase and Co. has raised its offer for Bear Stearns to $10 a share from $2.
4 minute read
Will Samsung Loss Chip Away at Quinn's Aura of Invincibility?
Publication Date: 2012-08-31
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Quinn Emanuel's litigation record is still impressive by any measure. But last month's high-profile loss against Apple is an unwelcome reminder that even the winningest firms have to lose sometimes.

September 21, 2005 |

Profile: Gregory K. Palm, GC of Goldman Sachs

Gregory K. Palm is the executive vice president and general counsel of The Goldman Sachs Group Inc., a leading global investment banking, securities and investment management firm. Palm confronts a gamut of issues, including compliance, but much of his work is overseeing his large staff of attorneys. He was also involved in Goldman Sachs' recent landmark deal to establish a 43-story, "environmentally responsible" office tower in Manhattan's Battery Park City, across from the destroyed World Trade Center.
5 minute read
JPMorgan Agrees to Pay $154 Million to Settle SEC Fraud Claims Over Failed CDO
Publication Date: 2011-06-21
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Without admitting or denying any wrongdoing, JPMorgan agreed to pay $153.6 million--including a $133 million penalty--to resolve allegations that it marketed an ill-fated collateralized debt obligation without disclosing the role of a hedge fund that was shorting assets in the CDO.

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