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November 05, 2009 |

New Deals

Berkshire Hathaway announced on Monday that it is acquiring 77 percent of the country's largest railroad, Burlington Northern Santa Fe, for $34 billion in cash and stock. Berkshire, the holding company for the assets of Warren Buffett, the world's second-richest man, already owns the other 23 percent. Also, toolmakers The Stanley Works and Black & Decker are merging in a $3.5 billion all-stock transaction.
5 minute read
May 28, 2003 |

Defendants appeal from an order of the Supreme Court, New York County (Herman Cahn, J.), entered January 15, 2002, which denied their motion to dismiss the complaint.
14 minute read
January 31, 2011 |

Getting Fired: Don't Deal With the In-House Counsel and Deal With It Publicly?

Heaven forbid, IF you get fired, don't talk with the in-house counsel and deal with it in a public manner? Uh oh, that's not what an in-house lawyer wants to hear ...
157 minute read
September 22, 2006 |

Icahn Blasts ImClone Management

In the wake of a judge's ruling that stripped ImClone Systems of key exclusive patent rights, the biotech's biggest rival wasted little time taking advantage of the situation. After the market closed Tuesday, biotech giant Amgen Inc. said it had licensed the same technology to which ImClone lost its exclusive rights. Meanwhile, in what could lead to a full-blown power struggle, newly elected ImClone director Carl Icahn blasted management for the patent loss and for ImClone's "sorry record" in general.
4 minute read
March 26, 2007 |

Class Certification Overturned in Enron Shareholder Suit

Plaintiffs lawyer Bill Lerach says that Enron shareholders will ask the Supreme Court to review a March 19 opinion from the 5th U.S. Circuit Court of Appeals that put the brakes on the trial in Mark Newby, et al. v. Enron Corp., which was set to begin on April 16 in U.S. District Judge Melinda Harmon's Houston court.
7 minute read
September 25, 2006 |

Icahn's Influence Could Dictate ImClone's Decision to Appeal Patent Ruling

Carl Icahn isn't getting his way, at least not yet. ImClone Systems responded to its most famous shareholder's latest attacks by giving him a board seat but keeping Chairman David Kies, despite Icahn's continued public thrashing of him. One indication of Icahn's influence could come in the legal battle over a key patent behind ImClone's sole marketed product, cancer fighter Erbitux. If ImClone reverses course and drops its appeal of the patent case, it would be a concession to one of Icahn's public demands.
4 minute read
Glacken v. The Incorporated Village Of Freeport, 09-4832
Publication Date: 2010-10-12
Practice Area: Legal Profession
Industry:
Court: United States District Court, Eastern District
Judge: District Judge Denis R. Hurley
Attorneys:
For plaintiff: Law Offices of Edwards & Edwards, Attorneys for Plaintiff, New York, By: Harrison J. Edwards, Esq.
For defendant: Jaspan Schlesinger LLP, Attorneys for Defendant Incorporated Village of Freeport, New York, By: Stanley A. Camhi, Esq., Jessica M. Baquet, Esq. D'Amato & Lynch, LLP, Attorneys for Defendants Andrew Hartwick and Howard Colton, New York, By: Stephen F. Willig, Esq. *1
Case number: 09-4832

Cite as: Glacken v. The Incorporated Village Of Freeport, 09-4832, NYLJ 1202473146755, at *1 (Ed NY, Decided October 06, 2010)District Judge Denis R. Hurley

Wells Fargo to Pay $148 Million to Settle Muni Bond Bid-Rigging Claims
Publication Date: 2011-12-08
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

Another big bank has entered into a multi-million dollar settlement with federal and state authorities investigating bid-rigging in the municipal bond market. And for once, the settlement isn't likely to draw opposition from plaintiffs lawyers in parallel multidistrict litigation worried that the deal will sideline class claims.

November 13, 2006 |

The NLJ 250 Chart (51-100)

6 minute read
August 11, 2000 |

Trustee's Claim of Protection Denied

A New York appellate panel held that a bank was liable for its failure to diversify investments held in its trust. Although the beneficiaries agreed to a waiver stating the investment would consist entirely of IBM stock and holding the bank harmless in the event of a drop in value, the panel ruled the waiver did not insulate the bank from liability.
7 minute read

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