February 17, 2006 | Law.com
Paul Weiss, Three Banks to Pay $180 Million in Boston Chicken SettlementPaul, Weiss, Rifkind, Wharton & Garrison will pay part of a $180 million settlement of claims arising from the bankruptcy of Boston Chicken Inc. Also participating in the settlement are Merrill Lynch & Co., Deutsche Bank Securities and Morgan Stanley & Co. A bankruptcy trustee sued Paul Weiss and the banks along with other advisers that he alleged took part in accounting and securities fraud that he claimed cost investors in the fast-food chain over $1 billion. Paul Weiss and the banks deny any wrongdoing.
By Anthony Lin
2 minute read
December 06, 2005 | Law.com
Judge's Nod Clears Way for Merger of ExchangesA Manhattan judge has approved an unusual settlement that will clear the way for a vote today on the merger of the New York Stock Exchange with Archipelago Holdings Inc., a competing electronic exchange. The combination, which is expected to be approved by NYSE seatholders, will convert the world's largest stock market from a nonprofit entity into a public corporation. Several dissenting seatholders had objected, charging that the deal overvalues Archipelago.
By Anthony Lin
2 minute read
December 06, 2005 | New York Law Journal
Judge's Nod Clears Way For Merger of ExchangesBy Anthony Lin
2 minute read
January 12, 2007 | The Legal Intelligencer
D.C.'s Howrey Adds A Trio Of Litigators To Its N.Y. OfficeWashington, D.C.'s Howrey has added three veteran litigation partners in New York.
By Anthony Lin ALM
2 minute read
October 29, 2003 | Law.com
Sidley Austin Fires Its Tax Shelter ChiefSidley Austin Brown & Wood has fired the controversial head of its tax shelter practice for breaches of fiduciary duty and violations of the firm's partnership agreement. The dismissed partner, R.J. Ruble, who worked in the New York office of the Chicago-based firm, was among the nation's leading providers of opinion letters blessing tax shelters for corporations and wealthy individuals, some of whom have since sued the firm.
By Anthony Lin
2 minute read
December 10, 2007 | National Law Journal
Jones Day Elects New Managing Partner in New YorkJones Day has appointed a new partner-in-charge of its New York office. Labor and employment lawyer Willis J. Goldsmith will head the firm's Manhattan office beginning Jan. 1, following in the footsteps of Dennis W. LaBarre, who has led the office since it opened in 1986. The 300-lawyer New York location became Jones Day's largest office in 2004, after the firm acquired most of the lawyers from now-defunct intellectual property boutique Pennie & Edmonds.
By Anthony Lin
1 minute read
May 17, 2006 | National Law Journal
Bershad, Schulman Take Leaves of Absence From Milberg WeissThe two Milberg Weiss Bershad & Schulman partners at the center of a federal probe into whether class action plaintiffs represented by the firm received kickbacks based on legal fees have taken leaves of absence. The firm announced late Monday night the leaves taken by David Bershad and Steven Schulman, praising both for their firm contributions. It has been reported for months that Schulman and Bershad face imminent indictments in the six-year kickback probe by the U.S. Attorney's Office in Los Angeles.
By Anthony Lin and Justin Scheck
2 minute read
October 23, 2006 | National Law Journal
Church Group Suing Weil Gotshal Claims Firm Withheld E-MailsThe National Benevolent Association, a church group that sued Weil, Gotshal & Manges last fall for allegedly steering it into a "disastrous" bankruptcy, is accusing the firm of withholding from discovery e-mail correspondence of the partner who led the Chapter 11 filing. To support its contention, the nonprofit pointed to a variance from the number of pages of e-mails it had received from other individuals in the case -- a discrepancy the firm attributes to partners' document archiving and retention habits.
By Anthony Lin
2 minute read
August 21, 2008 | The Recorder
Milberg's Attempt to Boost Fees Shot DownThe Second Circuit denies the firm's request in a Nortel class action settlement.
By Anthony Lin
3 minute read
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