By Tom McParland | July 11, 2018
A federal judge in Delaware has granted preliminary approval to a proposed $210 million settlement in a shareholder class action accusing Wilmington Trust of hiding hundreds of millions of dollars in bad loans from regulators and investors.
The Legal Intelligencer | News
By Lizzy McLellan | July 10, 2018
Longtime partners Leonard Bernstein and John Martini are among a dozen Reed Smith lawyers departing for Holland & Knight.
By Dan Packel | July 5, 2018
While some see a rising tide of protectionism swallowing up global deals, law firm M&A practice leaders say the effects will be limited.
By Scott Flaherty | July 5, 2018
As Irving Picard approaches 10 years on the job as trustee of funds recovered for Bernie Madoff's victims, he and his firm are getting closer to securing $1 billion in fees from the work.
By Zack Needles | June 29, 2018
Bank of America has fired back at Warminster-based law firm O'Neill Bragg & Staffin, which sued last month alleging the bank was liable for failing to cancel a wire transfer made to China after the firm's account was infiltrated by hackers.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa, Jr. and Jarret P. Hitchings | June 29, 2018
The Barton doctrine is a legal principle that limits a court's jurisdiction over a cause of action brought against a court-appointed receiver.
The Legal Intelligencer | Commentary
By Gabrielle Glemann | June 28, 2018
On May 25, the Second Circuit upheld the New York district court's decision concluding that certain midstream gathering agreements were executory contracts, subject to rejection in a bankruptcy proceeding.
By Miriam Rozen | June 25, 2018
Asset-backed securitization may have been blamed for causing the financial crisis a decade ago, but now the practice is becoming a potential boon to Big Law's lust for new revenue streams.
By The Legal Intelligencer | June 18, 2018
The Legal is proud to present the 2018 GC Impact award winners.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Michael J. Custer | June 14, 2018
Although broad, the Bankruptcy Code's discharge provisions for individual debtors are not without limits.
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