Ross Todd

March 13, 2009 | The American Lawyer

Rose Acres lost millions of dollars when emergency salmonella regulations forced almost half of its eggs into the less lucrative "breaker market." It won more than $8 million from the Court of Federal Claims, but the Federal Circuit squawked.

By Ross Todd

2 minute read

February 23, 2009 | The American Lawyer

John Thain answered questions for six hours last week, but Andrew Cuomo still hasn't gotten what he wants from the former Merrill chief. The problem, says Thain's lawyer, is that Merrill's new owner won't let Thain spill the beans on bonuses.

By Ross Todd

2 minute read

May 28, 2008 | Law.com

According to a post on Above the Law, Sonnenschein Nath & Rosenthal has recently laid off 37 lawyers, 75 staff members and 12 nonlawyer timekeepers. Firm Chairman Elliot Portnoy said the firm's litigation and real estate departments -- the firm's largest practices -- were most directly affected. Portnoy said the severance packages offered to staff vary according to their length of service to the firm, and that the firm is trying to help lawyers affected by the moves with out-placement services.

By Ross Todd

2 minute read

December 09, 2009 | The American Lawyer

That's what one D&O insurance CEO told a Goldman Sachs conference Tuesday. But we know a few folks who beg to differ.

By Ross Todd

2 minute read

February 09, 2009 | The American Lawyer

When an artist creates an iconic poster using a photograph taken by someone else, who owns the work? Shepard Fairey, the artist and guerilla marketer who designed the ubiquitous two-toned HOPE poster of President Barack Obama, has an answer: the artist. He's hired Stanford's Anthony Falzone, but the Associated Press--which took the photo that's the basis of Fairey's poster--has brought in its own big gun.

By Ross Todd

2 minute read

January 09, 2012 | The American Lawyer

A Delaware Chancery Court judge sanctioned hedge fund pioneer Michael Steinhardt on Friday, finding that he traded on non-public information as a named plaintiff in a shareholder class action that sought to block a merger between telecom companies Occam Networks and Calix Inc.

By Ross Todd

3 minute read

September 01, 2010 | The American Lawyer

The Real Rate Report, a just released study of legal billings, is chock full of interesting data. What's most striking about the findings is the degree of inconsistency among lawyers and firms in pricing the same type of work.

By Ross Todd

2 minute read

April 01, 2012 | Corporate Counsel

By David Marcus, Nate Raymond, Tom Coster, David Bario, Victor Li, Tania Karas, Ross Todd

19 minute read

August 11, 2009 | Law.com

With the sunny days of August come developments in cases involving sunscreens and tanning beds. Last week a federal judge denied a preliminary injunction to Schering-Plough, the maker of Coppertone Sport, which sought to block Neutrogena's claims that its new Ultimate Sport line of sunscreens provided better protection against UVA and UVB rays than other sport lines. Hollywood Tans also won a victory when the 3rd Circuit overturned a lower court's decision to certify a consumer fraud class action against the company.

By Ross Todd

3 minute read

September 22, 2009 | Law.com

Sometimes it pays to settle, and sometimes it pays to fight. It looks like Grant Thornton and its lawyers at Winston & Strawn made a wise decision to fight claims brought by Parmalat and its chief executive, Enrico Bondi, over the fraud that caused the company's collapse in 2003. A New York federal judge has ruled on summary judgment motions that Bondi could not recover damages against Parmalat auditors Grant Thornton LLP or Grant Thornton International because Parmalat's own officers were responsible for the fraud.

By Ross Todd

3 minute read