February 11, 2008 | National Law Journal
MLB Irked Over Covington Representation of ClemensEarlier this year Covington & Burling decided to add pitcher Roger Clemens to its roster of high-profile clients. But perhaps it should have received approval from another client, Major League Baseball, first.
By Andrew Longstreth, The American Lawyer
1 minute read
November 11, 2008 | National Law Journal
Cohen Milstein name partner 'expelled' from firm after 22 yearsCohen, Milstein, Hausfeld & Toll name partner Michael Hausfeld will be striking out on his own. The reasons for his departure were unclear, but on Friday he sent a brief e-mail to attorneys he had been working with indicating that he had been "expelled" from the firm. "In the meantime, I will be launching a new firm, Hausfeld LLP," Hausfeld wrote in the e-mail.
By Andrew Longstreth
2 minute read
May 19, 2009 | National Law Journal
Supreme Court detainee case may affect securities class actionsTo the category of unintended consequences, you can add a Supreme Court ruling that could help securities class action defense lawyers and their clients. The Court voted 5 to 4 Monday to throw out a claim that former attorney general John Ashcroft and FBI director Robert Mueller violated the Constitutional rights of a detainee caught in a post-9/11 roundup. The decision could make it harder on securities class action plaintiffs at the pleading stage by requiring them to plead facts and not just conclusions.
By Andrew Longstreth
2 minute read
June 10, 2008 | The American Lawyer
Discover Financial Seeks $6 Billion From Visa and MasterCard in Antitrust SuitBy Andrew Longstreth
1 minute read
January 12, 2009 | The American Lawyer
A Big Day For Gregory Coleman: Supreme Court Agrees To Hear Two Of His CasesThe Yetter, Warden & Coleman appellate litigator is a conservative star, so his position in the cases--both of which involve hot-button political issues--is no surprise. The timing, however, is.
By Andrew Longstreth
2 minute read
April 01, 2008 | National Law Journal
Gibson Dunn latest target in Refco falloutGibson, Dunn & Crutcher is the latest law firm to be named in a suit stemming from the breakdown of the commodities firm Refco Inc. The action, filed by liquidators and the trustee for Sphinx Funds, a family of funds that collapsed after doing business with Refco, claims that Gibson Dunn's representation of various Sphinx entities was a conflict of interest that the firm never disclosed. The suit claims that representation contributed to the funds' loss of $263 million as a result of Refco's meltdown.
By Andrew Longstreth
2 minute read
July 23, 2008 | The American Lawyer
SEC Settles Accounting Fraud Case Against ProQuest and Former Accounting ExecutiveBy Andrew Longstreth
1 minute read
October 31, 2008 | The American Lawyer
In Vulture Fund Distressed Debt Case, Simpson Wins Freeze on Argentine Pension FundsBy Andrew Longstreth
2 minute read
January 03, 2002 | Law.com
Twelve Angry StaffersA dozen current and former accounting staffers at New York's Shearman & Sterling have sued the firm, claiming racial discrimination. But the litigation got off to a faltering start, thanks to opposition from the U.S. Equal Employment Opportunity Commission, which not only declined to take up the plaintiffs' cause, but took the unusual step of issuing a detailed rebuttal of the claims.
By Andrew Longstreth
2 minute read
June 18, 2007 | National Law Journal
Chadbourne in merger talks With U.K.'s Watson FarleyChadbourne & Parke is in preliminary merger discussions with the London-based firm Watson, Farley & Williams, Chadbourne's managing partner Charlie O'Neill confirmed Friday. If Chadbourne's merger with Watson succeeds, the combined firm would have more than 600 lawyers and combined revenues of more than $350 million. Chadbourne, which has around 400 lawyers, could use more size to compete with the larger firms, said O'Neill.
By Andrew Longstreth
2 minute read
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