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August 20, 2007 |

SEC Charges Brocade's Former CFO in Backdating Case

Internal strife at the SEC tanked a proposed settlement with Michael Byrd, the former CFO of Brocade Communications. Upset that a million-dollar deal proposed by the SEC's enforcement division wouldn't have barred Byrd from being an accountant at other public companies, the SEC's accounting division scuttled the agreement, said lawyers briefed on the case. Byrd was a key figure in the criminal trial that ended with a conviction of former Brocade CEO Gregory Reyes for backdating stock options.
4 minute read
October 03, 2000 |

Sanctions Threatened in Auction House Case

Christie's International must comply with discovery or face possible sanctions in an ongoing class action alleging the auction house engaged in a price-fixing conspiracy with Sotheby's Holdings. A federal judge ordered Christie's to stop stonewalling and exert its influence over former chief executive Christopher Davidge to answer interrogatories sought by former Sotheby's chairman A. Alfred Taubman.
4 minute read
March 16, 2005 |

Can Hard-Charging Howrey Keep Winning Streak Alive?

Just before Christmas 2003, Howrey Simon got a huge present a class action against several tobacco companies. The gift: a $65 million fee award from a settlement in the case. That was 2003. In 2004, the firm headed back toward earth. It didn't have tens of millions in tobacco fees to dole out to partners, associates, and staff, or to pursue its aggresive growth strategy. Now, the firm faces a tough question: Can they keep the momentum going, or was the post settlement slip indicative of more to come?
11 minute read
April 24, 2003 |

Plaintiff appeals from an order of the Supreme Court, New York County (Karla Moskowitz, J.), entered July 27, 2001, which granted defendants' motion to dismiss the complaint.
11 minute read
October 26, 2000 |

Securities Reform: What Went Wrong?

Be careful what you ask for. You may just get it. Take the Private Securities Litigation Reform Act, which Congress passed in 1995 with strong support from the securities defense bar. The Act was designed to deter frivolous class action "strike suits" against companies and create uniformity in the way courts handle securities fraud complaints. Five years later those goals seem more elusive than ever.
6 minute read
March 07, 2005 |

N.J. Mergers & Acquisitions

Mergers and acquisitions involving N.J. companies.
2 minute read
July 10, 2002 |

Remove

The New York Court of Appeals on Tuesday overturned the first death sentence imposed under the 1995 law, but upheld key portions of the statute in an opinion that removes Darrel K. Harris from death row while simultaneously rejecting several fundamental challenges to the law.
11 minute read
July 28, 2003 |

In re G-I Holdings, Inc. et al,

In this adversary proceeding for damages for asbestos-related injuries against a subsidiary of the debtor, sound judicial administration, efficiency, and fairness require that the issue of whether liability has flowed to the nonbankrupt subsidiary be resolved before the District Court and, therefore, the motion to withdraw the standing order of reference, which provides the Bankruptcy Court with jurisdiction, is granted with respect to this issue.
9 minute read
December 19, 2011 |

Eye for talent

Profile of Mark Roellig, general counsel for Massachusetts Mutual Life Insurance Co.
5 minute read
March 15, 2010 |

After 'Citizens United,' Companies Hold Off on Political Ads

After the Supreme Court ruled that companies can spend freely on political advertising campaigns, good-government advocates, liberal commentators and even the president warned that a flood of corporate money would overwhelm elections and subvert democracy. But the real impact of the decision may be much less extreme, say in-house attorneys and election law experts. Few companies are looking for new ways to spend money in these tight times. Plus, many businesses are aware of the dangers of appearing excessively partisan.
5 minute read

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