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Zuckerman, N.Y. AG file suits against Merkin over lost investment funds tied to Madoff
New York Attorney General Andrew M. Cuomo and billionaire real estate investor Mortimer Zuckerman, who owns the New York Daily News, have filed separate lawsuits over lost investments in funds managed by J. Ezra Merkin that were tied to Bernard Madoff. The suit alleges Merkin steered investments to Madoff, without client permission, in exchange for $470 million in fees, which he comingled into a personal management firm through which he purchased more than $91 million in artwork for his apartment.As Spring Fades, a Fresh Law Firm Lawsuit-Palooza
A study released this week finds that malpractice claims against law firms increased in 2012, and our latest roundup of litigation involving firms as either plaintiffs or defendants suggests the trend may have spilled into this year.Norton Rose Fulbright Joins Ranks of the Legal Giants
As the merger between London-based Norton Rose and Am Law 100 stalwart Fulbright & Jaworski officially went live on Monday, The Am Law Daily looks back to The American Lawyer's Am Law 100 list from 1999—just before Clifford Chance clinched the first large transatlantic tie-up with Rogers & Wells—to see which U.S. firms chose to expand abroad by staking out a merger partner in London.Coudert estate claims Orrick dealt 'fatal blow'
Five years after Coudert Brothers announced its dissolution, a court-appointed administrator overseeing its liquidation plan has sued Orrick, Herrington Sutcliffe, accusing it of delivering the "fatal blow" to the defunct international law firm by poaching Coudert partners while simultaneously holding merger talks with the firm.Marcellus Shale Attracts Laterals From Miles Around
As the natural gas industry continues to expand its footprint in western Pennsylvania, the region is quickly becoming a desired destination for energy and environmental attorneys.Coudert Collapse Highlights Clawback Risks of Lateral Hiring
A number of Pennsylvania's largest law firms are caught up in a dispute in the Second Circuit over whether "unfinished business" of a disbanding firm from which they've hired attorneys is property of that defunct firm and needs to be returned.Trending Stories
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