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Family Offices Chasing Wealthy's $46 Trillion In Assets
Ascent Private Capital Management, a new unit of U.S. Bancorp, is one of the many wealth managers pursuing people who have made new fortunes and their ultra-wealthy families.
United States, appellee v. Timothy J. Rigas and John J. Rigas, defendant-appellants
Convictions of Adelphia Communications Co.�s Founder and Son for Securities, Bank Fraud UpheldDreier's Apartment Fetches $8.2 Million at Bankruptcy Auction
The luxury Manhattan apartment of disgraced attorney Marc Dreier was sold at auction Tuesday for $8.2 million, about $2 million less than the $10.43 million he paid in 2007. The sale came just one week after Dreier was sentenced to 20 years in prison for orchestrating a Ponzi scheme that fleeced more than $400 million from clients of Dreier LLP and investors to whom he sold bogus promissory notes. A source said the winning bidder is Ajit Jain, head of the reinsurance business of Berkshire Hathaway.
Zherka v. Amicone, 10-37-cv
Publication Date: 2011-03-03 Practice Area: Constitutional Law
Industry: Court: U.S. Court Of Appeals, Second Circuit Judge: Before: Pooler, Wesley, And Chin, C.JJ. Attorneys: For plaintiff: Rory J. Bellatoni, Lovett & Bellantoni, LLP, Hawthorne, NY, for Plaintiff-Appellant. For defendant: Brian T. Belowich, DelBello Donnellan Weingarten Wise & Wiederkehr, LLP, White Plains, NY, for Defendant-Appellee. Case number: 10-37-cv
Cite as: Zherka v. Amicone, 10-37-cv, NYLJ 1202483998669, at *1 (2d Cir., Decided March 2, 2011)Before: Pooler, Wesley, And Chin, C.JJ.De
The Churn: Lateral Moves in The Am Law 200
Winston & Strawn poaches six from Norton Rose Fulbright in Los Angeles; Dykema Gossett opens an Austin office; and Paul, Hastings, Janofsky & Walker hires a senior Federal Communications Commission lawyer. The Churn is constant. Please send all announcements and news releases to [email protected]
Swiss banks turning over thousands of employee names to U.S. authorities
At least five Swiss banks are turning over employee telephone records containing as many as 10,000 names to U.S. authorities as they seek leniency for their alleged role in helping American clients evade taxes.The Churn: Lateral Moves in the Am Law 200
Greenberg Traurig hires a new shareholder in its corporate and securities practice; Herrick, Feinstein's tax and personal planning group names a new co-chair; and Jones Day adds to its offices in Sydney and Silicon Valley. The Churn is constant. Please send all announcements to [email protected].
Andersen, plaintiff-appellant-respondent v. Weinroth, defendant-respondent-appellant
Firm�s Retirement Benefits to Defendant Director Not Compensation Belonging to Parties� Partnership
Directors' and Officers' Liability
Joseph M. McLaughlin, a partner at Simpson Thacher & Bartlett, writes that although there is considerable recognition that the "deepening insolvency" of a distressed corporation may give rise to compensable corporate harm, whether deepening insolvency is an independent cause of action or a measure of damages arising from commission of a separate tort has been a fertile source of confusion.TRENDING STORIES
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