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AIG, represented by Paul Weiss, crafted an unusual deal in which $550 million of the settlement may be raised in a common stock offering, at AIG's discretion.
Less than a week after settling with the Securities and Exchange Commission, the onetime AIG chief has reportedly reached a deal with shareholders as well. By his side in the settlement? Boies, Schiller & Flexner, of course.
The crusading, media savvy AG from Columbus negotiated last Friday's highly unusual $725 million class action settlement with AIG without any outside counsel in the room. But that's hardly the only Wall Street case on Cordray's docket.
Kimeldorf v. First Union Real Estate Equity and Mortgage Investments
Injunction Barring Merger Was a Lower Court's Intrusion Into Matter of Corporate GovernanceLast year, DuPont's trade secrets battle with Korean rival Kolon Industries climaxed in one of the biggest jury verdicts in years. Now it's led to a sweeping injunction that has the trade secrets bar abuzz.
Saudi Basic Industries Corp. v. ExxonMobil Corp.
The four elements of collateral estoppel have been satisfied and the Delaware court's finding that plaintiff acted with blatant or reckless disregard of defendant's property rights amounting to usurpation in a related case renders plaintiff's hands unclean in equity in this consolidated case involving specific performance and royalties; plaintiff's claim that it had purged its unclean hands by paying the Delaware judgment is rejected; defendant's motion to dismiss the amended complaint is granted.Candidates Who Passed The July 2006 NYS Bar Exam
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