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Chronicle of a Future Foretold
Wall Street has changed forever. What about the firms that service the Street?Herron Tapped for Second Tour as FJD Trial Division AJ
The Supreme Court appointed Philadelphia Common Pleas Court Judge John W. Herron to replace Philadelphia Common Pleas Court Judge D. Webster Keogh as the administrative judge in charge of the trial division last week.Poor Prospects Seen for Bills That Ease Up on Home Mortgage Lenders
Consumers appear safe, at least for now, from bills in the hopper that would partially defang New Jersey's law against predatory mortgage lending practices. The legislation is aimed at loosening some of the strictures in the newly effective Home Ownership Security Act, which was hailed as a national model of protection against abusive lending practices. However, despite early momentum, the bills likely will not hobble through the lame duck session that concludes Jan. 13.Goldman demands risks but won't take any
Goldman Sachs Group Inc. and JPMorgan Chase Co., two of the biggest traders of over-the-counter derivatives, are exploiting their growing clout in that market to secure cheap funding in addition to billions in revenue from the business. Both New York-based banks are demanding unequal arrangements with hedge-fund firms, forcing them to post more cash collateral to offset risks on trades while putting up less on their own wagers.Bank of America Settles Securities Class Action Over Merrill Lynch Acquisition for $2.4 Billion
Bank of America Corp. has agreed to pay $2.43 billion to settle alleged federal securities law violations in Bank of America's acquisition of Merril Lynch & Co. Inc. in 2009.Corporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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