June 13, 2005 | Law.com
Princes of the CityIt's a common belief that any law firm with global ambitions must have a presence in New York. For those wondering if they've missed the boat: It's not too late, but it is getting harder. Midsize New York firms, historically acquired as a way into the local market, are close to extinct, and competition for talent is as tough as becoming Donald Trump's new apprentice. If you want to take Manhattan, consider the example of Latham & Watkins and follow four key rules. Rule No. 1: Pick your playing field.
By Andrew Longstreth
19 minute read
February 02, 2005 | Law.com
Double AgentIn this new era of corporate criminal investigations, fundamental shifts are taking place in the corporate defense practice. While working to uncover wrongdoing, the investigating lawyer used to present a united front on behalf of both the corporation and its employees. The lawyer jousted with the government and sought to limit the flow of information. Today, the investigating lawyer essentially acts as a fact-finder with a badge -- the newest (and highest-paid) government agent.
By Andrew Longstreth
20 minute read
February 02, 2005 | Corporate Counsel
Double AgentFundamental shifts are taking place in corporate defense practice. While working to uncover wrongdoing, the investigating lawyer used to present a united front on behalf of both the corporation and its employees. But today, in the new era of internal investigations, defense lawyers have become deputy prosecutors -- the newest (and highest-paid) government agents.
By Andrew Longstreth
20 minute read
October 09, 2009 | Law.com
Azerbaijan Bribes Put One Mogul on Trial, Another in ExileIn July, following a six-week trial, a jury in New York found American entrepreneur Frederic Bourke Jr. guilty of knowing about bribes that helped grease the wheels in the privatization of an Azerbaijan state oil company. But thanks to a bizarre series of legal events, Viktor Kozeny -- the alleged mastermind behind the bribery scheme -- is living in the Bahamas, while Bourke, an investor who merely knew of the bribes, is preparing for a possible prison term.
By Andrew Longstreth
24 minute read
September 13, 2007 | Law.com
Racketeering Lawsuit by Biovail Backfires Against Company and LawyersBiovail Corp. was supposed to be the victim, the ill-used dupe of powerful hedge funds, analysts and bankers, whose short-selling scheme to spread false information about the company led to a plunge in its share price in 2003. And Biovail's respected litigators from Howrey and Kasowitz Benson were to be the ones to help the company prove it. How did the company's "extremely well-lawyered" legal strategy blow up in the faces of Biovail executives and lawyers, now the ones under scrutiny?
By Andrew Longstreth
30 minute read
December 05, 2007 | Law.com
Qualcomm Digs Deep in Face of Global Litigation OnslaughtAlong the way to endless patent licensing revenues, Qualcomm's plans went awry. The San Diego chip maker's licensees, tired of Qualcomm's bullying, are pursuing a concerted, worldwide attack. Rival chip maker Broadcom sued Qualcomm in California, New Jersey and Washington, D.C.; Nokia filed suits in Delaware and D.C.; and four other wireless companies filed complaints with the European Commission. Fighting to save its business, Qualcomm expects to spend more than $200 million on litigation next year.
By Andrew Longstreth
24 minute read
October 01, 2009 | The American Lawyer
Stranded In ParadiseTwo moguls invested in Azerbaijan in the nineties. Now, one is living in the Bahamas, and the other faces a prison sentence.
By Andrew Longstreth
24 minute read
June 01, 2008 | The American Lawyer
Making HistoryCovington & Burling partner Eric Holder--cochair of Barack Obama's campaign--has made a career out of breaking barriers. Will he be the first African American attorney general?
By Andrew Longstreth
22 minute read
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