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Kelley Drye Picks Up L.A. Office By Acquiring Boutique
DOJ-UBS Compromise May Pry Loose Names of Biggest Tax Cheats
A compromise between the U.S. Justice Department and Swiss banking behemoth UBS in their dispute over the release of 52,000 names of U.S. account holders most likely would focus on the more egregious violators who used corporations and foundations to cheat the Internal Revenue Service, tax experts said Monday. A settlement would allow the IRS to avoid a protracted legal fight, which could delay the IRS' primary objective of collecting taxes on an estimated $17 billion in hidden assets.Shearman, Blank Rome Representing Olympus in Investor Lawsuits
Kirkland & Ellis partner William Pratt led the team that represented Discover in its landmark $2.75 billion settlement with Visa and MasterCard. We talked with him about the challenges to the litigation.
A looming trial in the case will showcase two of the country's most fearsome patent litigators — Douglas Lumish of Latham & Watkins for TransPerfect and Charles Verhoeven of Quinn Emanuel Urquhart & Sullivan for MotionPoint.
79-year-old lawyer sparks EEOC action
The Equal Employment Opportunity Commission is suing New York law firm Kelley Drye & Warren for what the agency claims is discrimination against older attorneys.Psychic Friends Presses WorldCom Claim
Toward the end of 2002, WorldCom incurred the wrath of just about anyone with access to a soapbox. Now the bankrupt company faces a courtroom showdown with bankrupt Inphomation Communications, the owner of the Psychic Friends Network, over bills from 900-number pay calls. The trustee overseeing the Inphomation bankruptcy says WorldCom may owe the company as much as $130 million in claims and damages.Trending Stories
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