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August 27, 2008 | Law.com

SEC: Rating Agencies Suffer From Conflicts of Interest

Attorney Jeffrey A. Barrack describes the conflicts of interest and inadequate procedures revealed by the SEC and the Office of Economic Analysis examinations, as set forth in a July 2008 Summary Report of Issues in the Commission Staff's Examinations of Select Credit Rating Agencies and details the evidence demonstrating those failures, and further suggests certain theories of liability under which the credit rating agencies may be held responsible for the economic losses that they caused.
11 minute read
February 08, 2012 | Corporate Counsel

From the Experts: Fighting Back Against Statutory Penalty Class Actions, Part I

Statutory penalty class actions have become the scourge of businesses of all stripes, with lucrative penalty schemes that encourage lawsuits over hyper-technical statutory violations and promote "creative" interpretations of otherwise well-intentioned laws.
8 minute read
September 07, 2012 | Corporate Counsel

Fox Rothschild Looks to Capitalize On Denver IP Boom

Fox Rothschild has opened an office in Denver with the addition of three partners from Bryan Cave.
4 minute read
August 01, 2009 | Corporate Counsel

On the Job: Moves

Family Dollar makes a fresh deal on a top in-house counsel.
13 minute read
September 26, 2011 | Corporate Counsel

Desktop Encryption Moves to the Cloud

Data loss is a real problem and can happen in any number of ways. Laplink recently introduced PC Lock, an all-new utility that encrypts files on a computer or laptop and even remotely protects computers if they're lost.
6 minute read
November 11, 2009 | Corporate Counsel

Supremes Tackle Whether Intangible Business Methods Can Be Patented

During arguments in a case touted by some as the most important patent case in decades, Supreme Court justices from across the spectrum voiced skepticism Monday about whether intangible business methods and other innovations untethered to machines deserved patent protection.
4 minute read
October 07, 2010 | Corporate Counsel

When Microsoft Plays Offense, Sidley Is Its Firm of Choice

The firm's latest assignment for the software giant: taking the lead role on the infringement suit filed October 1 against Motorola over Android smartphones.
3 minute read
December 11, 2012 | Corporate Counsel

In D.C. Circuit, AIG Defends Confidentiality of Corporate Monitor Reports

Two federal appellate judges expressed hesitation about forcing American International Group to disclose to a Corporate Counsel reporter an independent consultant's reports that addressed compliance with a settlement in 2004 with U.S. securities regulators.
5 minute read
February 18, 2010 | Corporate Counsel

Inside Lyondell Bankruptcy's Texas-Sized Legal Bills

Houston-based Lyondell Chemical is hoping that its yearlong Chapter 11 case is nearly over, after reaching a $450 million settlement with creditors this week. The Am Law Daily did some docket-digging to gauge law firm profits stemming from the pharmaceutical giant's bankruptcy court odyssey. So far, Cadwalader has secured itself the biggest slice of the pie.
5 minute read
March 07, 2006 | Corporate Counsel

Using Arbitration: A Personal Critique

As an increasing number of disputes are litigated through binding arbitration, its traditional theoretical advantages over the court system -- principally lower cost and speedier resolution -- seem to be realized less and less. At least that's the observation of Davis Wright Tremaine litigation partner Joseph E. Addiego. From his recent experiences, Addiego concludes that arbitration is morphing into a quasi-court proceeding, but that under the right circumstances, it's still an effective alternative.
8 minute read