Did Ignored Madoff Tipster Spark N.Y. Prosecutors' Suits Against Bank of New York Mellon?
Regulators ignored the warnings of fraud sleuth Harry Markopolos and allowed Bernie Madoff's Ponzi scheme to collapse under its own weight in December 2008. Is there a connection between Markopolos and the recent suits against Bank of New York Mellon?When Faced With an Angry Jury, Laughter May Be the Best Defense
A recent CNN poll showed that 75 percent of Americans are upset about the way things are going in this country. That could be bad news for corporations because today's angry citizen is tomorrow's angry juror. Somehow or other, the lawyers who defend business need to reduce the fury in the courtroom before their clients get burned by the anti-corporate backlash. Two of the most potent tools for swinging the incensed jury panel are humor and emotional redirection, says attorney Michael D. Jones.Say Hello to the World's New Sovereign Nations: Facebook, Google and RIM
Say hello to the new sovereign nations of Google, RIM, and Facebook. If local self-interest continues to drive regulation of these new virtual nations, can Virtual World War I be very far away?Skadden Leads on Nomura's $230 Million Lehman Purchase
Skadden Arps Slate Meagher & Flom has landed the top role advising Nomura on its $230 million acquisition of Lehman Brothers' European and Asian businesses. The firm is advising the Japanese bank from the firm's London and Hong Kong offices, with a team including Hong Kong corporate co-head Nick Norris, London restructuring partner Lynn Hiestand and London corporate partner John Adebiyi.Conrad Black Lawyers Won't Be Allowed to Recall Key Witness
A federal judge refused Wednesday to call the star prosecution witness back to media mogul Conrad Black's racketeering and fraud trial, where defense attorneys had hoped to show him up as a liar. U.S. District Judge Amy J. St. Eve also denied a mistrial motion by lawyers for Chicago attorney Mark Kipnis, who was the corporate counsel for the Hollinger International Inc. newspaper empire that Black is accused of swindling. His lawyers argued that statements by the government had prejudiced the jury.Companies Under Fire Often Decide to Settle to End Problems Quickly
Keeping Shareholders and Directors Informed Year-Round
ALM's 24th annual Corporate Counsel General Counsel Conference in New York City kicked off with a session on corporate governance, focusing on how to keep a company's board and investors in the loop.Asbestos Plaintiffs Firm Pins Hopes on an RV From eBay
Simona Farrise, a name partner at an asbestos plaintiffs firm, likes to go bargain-hunting on eBay and at garage sales. "Other people's junk makes for very good evidence," says Farrise, whose finds have included a 60-year-old occupational safety manual that she used as evidence that American auto companies long ago knew the dangers of asbestos exposure. Now Farrise may have scored her best piece of evidence yet -- a 1973 Dodge Fargo motor home with some original factory-installed parts, bought on eBay.EEOC Locks Down Employers' Use of Arrest and Conviction Information
In April 2012, the U.S. Equal Employment Opportunity Commission issued an extensive guidance that expands the EEOC's review of employers' use of arrest/conviction information when charges are brought alleging that an employer's use of the information had a discriminatory effect.Trending Stories
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