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December 23, 2005 | Law.com

Power Company Calpine Files Year's Largest Bankruptcy

Power generation company Calpine Corp. filed for Chapter 11 late Tuesday. It is the country's largest bankruptcy this year by assets and the eighth largest in U.S. history. The builder, owner and operator of power plants cited numerous reasons for its bankruptcy petition and those of 19 affiliates. The final straw for Calpine was the Delaware Supreme Court's affirmation of a Court of Chancery ruling on litigation over the company's use of asset sale proceeds for fuel purchases.
7 minute read
Amnesty International USA v. Clapper, 09-4112-cv
Publication Date: 2011-03-23
Practice Area: Civil Practice
Industry:
Court: U.S. Court of Appeals, Second Circuit
Judge: Before: Calabresi, Sack, and Lynch, C.JJ.
Attorneys:
For plaintiff: Jameel Jaffer, American Civil Liberties Union Foundation, New York, New York (Melissa Goodman and Laurence M. Schwartztol, American Civil Liberties Union Foundation, New York, NY; Christopher T. Dunn and Arthur N. Eisenburg, New York Civil Liberties Union Foundation, New York, NY; Charles S. Sims, Theodore K. Cheng, Matthew J. Morris, Proskauer Rose LLP, New York, NY, on the brief), for Plaintiff-Appellant. Barbara Moses, Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer, P.C., New York, NY; Emily Berman and Elizabeth Goitein, The Brennan Center for Justice, New York, NY; Sharon Bradford Franklin, The Constitution Project, Washington, D.C., for Amici Curiae The Brennan Center for Justice, The Center for Democracy & Technology, The Constitution Project, The Electronic Frontier Foundation, and The Rutherford Institute in support of Plaintiffs-Appellants. Lucy A. Dalglish and Gregg P. Leslie, Counsel for The Reporters Committee for Freedom of the Press, Arlington, VA, for Amicus Curiae The Reporters Committee for Freedom of the Press in support of Plaintiffs-Appellants. Duane L. Loft, Cravath, Swaine & Moore LLP, New York, NY; Peter T. Barbur, The New York City Bar Association, New York, NY, for Amicus Curiae The New York City Bar Association in support of Plaintiffs-Appellants. Robert A. Atkins and William J. Taylor, Jr., Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, for Amici Curiae Law Professors Michelle Adams, Benjamin N. Cardozo School of Law, Yeshiva University; Baher Azmy, Seton Hall University School of Law; Fletcher N. Baldwin, Jr., Levin College of Law, University of Florida; Erwin Chemerinsky, University of California, Irvine, School of Law; Norman Dorsen, New York University; David M. Driesen, Syracuse University College of Law; Eric M. Freedman, Hofstra Law School; Lynne Henderson, William S. Boyd School of Law, University of Nevada-Las Vegas; Seth F. Kreimer, University of Pennsylvania Law School; Alexander A. Reinert, Benjamin N. Cardozo School of Law, Yeshiva University; David Rudovsky, University of Pennsylvania Law School; Daniel J. Solove, George Washington University Law School in support of Plaintiffs-Appellants.
For defendant: Douglas N. Letter, Appellate Staff, Civil Division, United States Department of Justice, Washington, D.C. (Tony West, Assistant Attorney General, Civil Division, United States Department of Justice, Washington, D.C.; Daniel J. Lenerz, Appellate Staff, Civil Division, United States Department of Justice, Washington, D.C.; Preet Bharara, United States Attorney for the Southern District of New York, New York, NY, on the brief), for Defendants-Appellees.
Case number: 09-4112-cv

Cite as: Amnesty International USA v. Clapper, 09-4112-cv, NYLJ 1202487354917, at *1 (2d Cir., Decided March 21, 2011)Before: Calabresi, Sack, and Lynch, C.JJ.

December 23, 2005 | Law.com

Power Company Calpine Files Year's Largest Bankruptcy

Power generation company Calpine Corp. filed for Chapter 11 late Tuesday. It is the country's largest bankruptcy this year by assets and the eighth largest in U.S. history. The builder, owner and operator of power plants cited numerous reasons for its bankruptcy petition and those of 19 affiliates. The final straw for Calpine was the Delaware Supreme Court's affirmation of a Court of Chancery ruling on litigation over the company's use of asset sale proceeds for fuel purchases.
7 minute read
October 07, 2008 | New York Law Journal

In re: Salomon Analyst Metromedia Litigation

Free With Registration: Analysts Placed on Same Footing as Stock Issuers For 'Fraud on Market' Misrepresentation Claims
32 minute read
February 14, 2002 | New York Law Journal

Revisiting Rule on Trustee Standing

A S THE "New Economy" bubble bursts and a fresh batch of high-profile corporations are forced to seek bankruptcy protection, increased scrutiny is brought to bear on debtor corporations by everyone from investors and creditors to the media and government agencies charged with monitoring corporate practices. When corporate irregularities are revealed, a bankruptcy trustee is often appointed, vested with statutory authority to pursue those causes of action belonging to the debtor corporation`s bankruptcy esta
21 minute read
August 14, 2009 | New York Law Journal

Schoeps, plaintiff-appellant v. The Andrew Lloyd Webber Art Foundation, defendant-respondent

German Heir Lacks Standing to Sue for Return of Painting, Must First Be Appointed Representative of Estate
14 minute read
August 23, 2004 | Texas Lawyer

VerdictSearch

Syringe maker claimed competitors' contracts illegal. Health care clinic retaliated against HR employees. Halliburton's drill-bit design patents were infringed.
4 minute read
April 13, 2007 | New York Law Journal

In re: Initial Public Offering Securities Litigation

Rehearing of IPO Class Action Issue Denied; No Reason to Revise Standard for Class Certification
8 minute read
People v. Greenberg, 401720/05
Publication Date: 2010-10-26
Practice Area: Business Law
Industry:
Court: Supreme Court, New York County
Judge: Justice Charles Edward Ramos
Attorneys:
For plaintiff:
For defendant:
Case number: 401720/05

Cite as: People v. Greenberg, 401720/05, NYLJ 1202473863180, at *1 (Sup., NY, Decided October 21, 2010)Justice Charles Edward RamosDecide

Another One Bites the Dust: With Emphatic Dismissal of Antitrust Auction-Rate Securities Class Action, Plaintiffs Cut Off from Alternative Route to ARS Recovery
Publication Date: 2010-01-27
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

It's quite remarkable, really. A $300 billion market imploded, but plaintiffs firms can't figure out how to bring a viable suit. This time, a New York judge concluded their class action was a securities case in antitrust clothing.

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