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CORPORATE UPDATE

Judge Rejects Jury Attempt To 'Pierce the Corporate Veil'

Thursday, July 3, 2008

By Alejandra Kim

A jury's decision to "pierce the corporate veil" has been overturned in a case where a sales representative argued that a fur manufacturer should be held liable for the alleged failure of the manufacturer's brother to pay contracted commissions.

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Free With Registration: Corporate Crime

New Standards Encourage Defense Access to Evidence

Thursday, July 3, 2008

By Audrey Strauss

Audrey Strauss, a member of Fried, Frank, Harris, Shriver & Jacobson, writes that no lawyer can be effective without preparation and knowledge of the relevant facts. In the context of investigations, whether governmental or internal, there is always a tension between the investigator's preference to hold cards close to the vest and the defense lawyer's need to access the facts.

New Deals

Lawyers on Major Transactions

Thursday, July 3, 2008

Finance company CIT Group Inc. has agreed to sell its home lending unit to Lone Star Funds, a private equity firm, in a deal worth $5.9 billion. Also, White Plains-based Bunge Ltd., a global fertilizer producer and oilseed processor, has signed an agreement to purchase corn refiner and supplier of food ingredients Corn Products International in a deal worth $4.8 billion.

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