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August 19, 2004 | Law.com

Coal Case Could Ease Mergers

The FTC's failure to stop a coal mining merger could have broad ramifications for the government's ability to block anti-competitive deals in scores of industries. Antitrust experts said the court ruling in Arch Coal Co.'s $384 million acquisition of Triton Coal Co. raises questions about when regulators may block a merger and calls into doubt whether the Bush administration can revive a legal theory on competition, called coordinated interaction.
5 minute read
April 20, 2005 | Law.com

Perelman Testifies That Morgan Stanley Lied About Sunbeam

Billionaire financier Ronald Perelman testified Tuesday he would never have sold a camping gear company to Sunbeam Corp. in 1998 without assurances from Morgan Stanley & Co., the investment bank that underwrote the deal, that Sunbeam had turned the corner and that "its financial future looked bright." Appearing before a Florida jury in the second week of a damages-only trial on his fraud suit against the investment banker, Perelman said, "We did not expect them [Morgan Stanley] to lie to us, to mislead us."
5 minute read
September 17, 2004 | Law.com

Fish & Neave Flirts With Ropes & Gray

Intellectual property firm Fish & Neave has sat on the porch and held hands with Boston-based Ropes & Gray, but it hasn't yet decided to go to the altar. That's what firm Chairman Jesse Jenner told lawyers and staff at a firmwide meeting in New York this week. Jenner said the meeting was called to dispel rumors that a merger was to take place within 10 days. "We've had preliminary talks with Ropes & Gray, but there's no deal," he said. "They are not the only firm we've talked to."
5 minute read
October 07, 2009 | New York Law Journal

News In Brief

9 minute read
June 29, 2005 | Law.com

California Supreme Court Nixes Unfair Waivers of Class Actions

A slim majority of the California Supreme Court says a class action waiver should not be enforced if it is imposed by a business that is later accused of cheating its customers of small change that no individual would sue over. The attorney for the plaintiff credit-card customer who tried to launch class action litigation against Discover Bank said the opinion will benefit consumers in California, because the "10 largest credit-card issuers all have arbitration clauses that ban class actions."
4 minute read
November 25, 2003 | Law.com

Sarbanes-Oxley Powers Weighed by 11th Circuit

The 11th U.S. Circuit Court of Appeals must determine whether the Sarbanes-Oxley law can revive old claims. At issue is whether � 804 (b) of the corporate responsibility law allowed former Dean Witter investors to sue the company for making unauthorized trades in 1998 -- even though the statute of limitations on their claims had expired by the time President Bush signed the bill into law.
5 minute read
April 01, 2008 | Corporate Counsel

On the Job: Moves

Moves
16 minute read
August 19, 2002 | Law.com

Rhode Island to Try First State Suit Over Lead Paint

The first state action seeking to hold the paint industry accountable for health hazards caused by lead paint used decades ago is about to go to trial. Instead of seeking compensation for injuries suffered by individuals exposed to lead, the state of Rhode Island is pursuing the novel claim that lead paint manufacturers and distributors created a public nuisance.
5 minute read
June 01, 2005 | Law.com

More Lawyers Fleeing Megafirms for Smaller Practices

The movement of attorneys from huge to smaller law firms is becoming more common. As big practices get bigger and pursue hefty clients to match that growth, many attorneys who service smaller clients find their careers at odds with their firms' strategic plan.
6 minute read
April 13, 1999 | Law.com

A Marriage of Convenience

Legalistic matchmaking couldn't have worked out better for bankruptcy specialists at Young Conaway Stargatt & Taylor of Wilmington. They married prepackaged bankruptcy to asbestos liability, and the result of this union was that Fuller-Austin Co.'s reorganization plan was resolved in a fast-paced four months from its filing to confirmation in late December.
8 minute read

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