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CORPORATE UPDATE

Free With Registration: Corporate Crime

'Brady' Obligation Extends Beyond Prosecutor's Office

Thursday, November 5, 2009

Audrey Strauss, a partner at Fried, Frank, Harris, Shriver & Jacobson, writes that in drafting Brady and Rule 16 requests, defense counsel must presume the government will take a narrow view of its obligations as being limited to the prosecutors' own files and, therefore, to unearth any Brady material outside the prosecutor's office, specific requests should be made for materials in the files of other agencies that have had an investigation of the matter or are in any way supporting or assisting the prosecution of the criminal case.

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Assertive Regulators, Increasing Layoffs Boost Employment Legal Disputes

Thursday, November 5, 2009

The Detroit office of the EEOC alone has 2,500 complaints pending before it?25 percent more than it had pending at the start of the recession in 2007. Welcome to the world of employers under siege. Discrimination complaints from their former and current employees are flooding into the EEOC and similar state agencies. Management lawyers are getting their desperate calls. And the lawyers anticipate that, by the end of 2009, the number of claims will look even worse.

New Deals

Lawyers on Major Transactions

Thursday, November 5, 2009

Berkshire Hathaway announced on Monday that it is acquiring 77 percent of the country's largest railroad, Burlington Northern Santa Fe, for $34 billion in cash and stock. Berkshire, the holding company for the assets of Warren Buffett, the world's second-richest man, already owns the other 23 percent. Also, toolmakers The Stanley Works and Black & Decker are merging in a $3.5 billion all-stock transaction.

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