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For any class action plaintiffs lawyer, winning tens of millions of dollars in fees is a big deal. But the litigation Robert Abrams of Baker & Hostetler spearheaded for a group of southeast U.S. dairy farmers isn't your average case--not for Abrams, his firm, or the bankruptcy trustee and creditors of Howrey LLP.
For the second time in a month, Manhattan federal district court judge Lewis Kaplan has ruled that a shareholder case against a Parmalat auditor can proceed, despite the auditor's claims that it should not be held responsible for the failings of one affiliated office. This time, the firm getting the bad news is Grant Thornton.
The Chase Manhattan Bank v. Affiliated FM Insurance Co.
Divestiture After Remand Cannot Cure the Past Appearance of Disqualifying Interest During TrialHowrey Collects $1 Million Fee From Weld for Counsel in Kentucky School Probe
William Weld, the former governor of Massachusetts and a one-time New York gubernatorial hopeful, is in the process of paying a legal bill of more than $1 million to Howrey following a fee dispute that went to arbitration last year. Howrey had represented Weld in litigation arising from an accreditation and student-loan scandal at Decker College in Louisville, Ky. Weld served as a Decker board member and as chief executive officer for the school for 10 months before it filed for bankruptcy in 2005.It certainly wasn't good news for Mayer Brown when partner Joseph Collins was convicted in July of conspiracy, securities fraud, and wire fraud arising from his work as an outside lawyer for the fraudulent brokerage firm Refco Inc. But, as far as the firm is concerned, things could be worse. So far, Mayer Brown has succeeded in beating back nearly every attempt to hold it liable in civil suits for the damage caused by Refco's collapse in 2005. In the latest victory, a federal judge this week dismissed a suit brought on behalf of some of Refco's former brokerage customers who claimed to have lost more than a half billion dollars.
Bailey, plaintiffs-appellants v. Fish & Neave, defendants-respondents
Panel Upholds Ruling That Law Firm Acted Properly In Vote to Defer Payments Due Departing PartnersGreen Island Power Authority, petitioners v. Federal Energy Regulatory Commission, respondent
Free With Registration: FERC Arbitrarily Denied Power Authority's Motion To Intervene in Hydroelectric Project's RelicensingCite as: Pelman, et al. v. McDonald's Corp., 02 Civ. 07821, NYLJ 1202474231493, at *1 (SDNY, Decided October 27, 2010)Judge Donald C. Poguep class="decided
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