October 29, 2007 | National Law Journal
Ex-federal prosecutor joins Allen & Overy's N.Y. officeAllen & Overy has recruited to its New York office the former chief of the securities fraud unit for the Southern District U.S. Attorney's Office. David C. Esseks will join the British legal giant as a partner specializing in white-collar and securities litigation. From 2003 until June 2007, Esseks served as head of the nation's premier white-collar prosecution unit, supervising a staff of 20 Assistant U.S. Attorneys.
By Anthony Lin
2 minute read
October 11, 2012 | The American Lawyer
Debevoise, Allen & Overy on $1.7 Billion AIA Malaysia AcquisitionThe Hong Kong-based spinoff of AIG is acquiring the Malaysian insurance business of Dutch financial services group ING.
By Anthony Lin
2 minute read
July 25, 2005 | National Law Journal
Firm can sue over 'loyalty'A former associate who called a partner abusive and nasty cannot be sued by her former firm for defamation but may be liable for breaching her duty of loyalty, a New York judge has ruled.
By Anthony LinNew York Law Journal
2 minute read
June 25, 2008 | National Law Journal
Fired Thelen partner's arbitration award upheldA Manhattan appeals court has upheld a $450,000 arbitration award against Thelen Reid Brown Raysman & Steiner for firing a partner in violation of an employment contract. Lee A. Goldberg joined the former Brown Raysman Millstein Felder & Steiner in 2005 but was fired in 2006, just before the firm's merger with San Francisco's Thelen Reid & Priest. The court affirmed an arbitrator's finding that the firm's "subjective opinion" of Goldberg's performance could not guide interpretation of his contract.
By Anthony Lin
2 minute read
September 20, 2007 | National Law Journal
Sullivan & Cromwell to pay senior associates bonuses tied to firm's performanceSullivan & Cromwell has unveiled a plan to pay senior associates and counsels supplemental bonuses tied to the firm's financial performance. According to an internal memo, the new bonuses are for fifth-year associates and up, as well as counsels, and which will be paid in addition to those lawyers' base salaries and normal year-end bonuses. A Sullivan & Cromwell partner said the supplemental bonuses would probably range from about $15,000 for fifth-years to about $30,000 for eighth-years.
By Anthony Lin
2 minute read
September 12, 2005 | National Law Journal
LeBoeuf, Lamb Ordered to Turn Over Client FilesA Manhattan judge has ruled that a law firm accused of legal malpractice over advice it gave clients on mutual fund "late trading" can seek discovery from two other law firms, one of which is now representing the same clients in ongoing government investigations of late trading.
By Anthony Lin
3 minute read
May 15, 2007 | National Law Journal
Franklin Templeton GC joins K&L GatesKirkpatrick & Lockhart Preston Gates Ellis has added an investment management partner in New York. Edward G. Eisert was formerly general counsel for Franklin Templeton Investments, where he also served as senior vice president and corporate secretary of Franklin Templeton subsidiary Fiduciary Trust Co. International.
By Anthony Lin
1 minute read
March 30, 2007 | Daily Report Online
Dallas firm to shut offices to avoid prosecution in scandalFEDERAL PROSECUTORS in Manhattan have entered into a non-prosecution agreement with Dallas law firm Jenkens Gilchrist over its past involvement in illegal tax shelters, a scandal that has already fatally crippled the once-thriving firm.Between 1998 and 2003, the firm's Chicago-based tax shelter practice provided hundreds of legal opinion letters in support of tax shelters the Internal Revenue Service subsequently deemed illegal.
By Anthony Lin
3 minute read
August 07, 2006 | National Law Journal
Greenberg's family feudGreenberg Traurig has become enmeshed in a bitter family feud between two sisters, one of whom is married to a senior partner at the law firm.
By Anthony Lin
4 minute read
February 23, 2004 | National Law Journal
Panel upholds ban on direct wine shipmentA ruling by the 2d U.S. Circuit Court of Appeals upholding a New York state ban on the direct shipment of out-of-state wines to residents has teed up the issue for the U.S. Supreme Court, according to the lawyer leading the charge against such bans.
By Anthony LinAmerican Lawyer Media News Service
3 minute read
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