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December 22, 2008 |

Lawyers from Florida to New York besieged by Madoff investors

New York and South Florida lawyers spent the weekend fielding calls from panicked clients who lost millions in a $50 billion alleged fraud linked to Manhattan investment adviser Bernard Madoff. Some said there is little chance of getting the money returned from Madoff, and they are looking at third parties to sue, such as financial advisers and institutional investors
5 minute read
July 18, 2007 |

Lawyers get back on board

WITH AN ERA OF corporate scandals in the rearview mirror, an increasing number of attorneys are deciding that the benefits of serving as directors of public companies outweigh the risks.Scandals in the early part of the decade-Enron, HealthSouth, WorldCom-prompted Congress to pass a new law expanding the liability exposure of public company board members, especially for claims of conflicting interests.
5 minute read
May 03, 2006 |

Morale Booster

Two years ago the legal department at Computer Associates was a tough place to work. Morale was low and the general attitude was: Keep your head down, do your work and don't ask questions. But today, an engaged and approachable GC, Kenneth Handal, meets regularly with his more-than-doubled staff. Handal created a clear organizational structure and replaced the former cubicle farm with an office suite that allows for confidential conversations. And now CA attorneys say they aren't talking about leaving.
13 minute read
July 30, 2012 |

D.C. MOVES

2 minute read
People v. Wiggins
Publication Date: 2005-12-22
Practice Area: Criminal Practice
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Court: Appellate Division, 1st Dept
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By Buckley, P.J., Mazzarelli, Ellerin, Catterson, McGuire JJ. 7195. The People of the State of New York, res, v. Allen Wiggins, def-ap ______________________

June 07, 2013 |

BofA Audits Cybersecurity Practices of Firms

Richard Borden, the bank's assistant general counsel, said that Bank of America is "one of the largest targets in the world" for cyber attacks, and that law firms are "considered one of the biggest vectors that the hackers, or others, are going to go at to try to get to our information."
4 minute read
ALJ Capital I, L.P. v David J. Joseph Co.
Publication Date: 2008-02-05
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Court: Appellate Division, 1st Dept
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Case number: 2690

Lippman, P.J., Mazzarelli, Friedman, Sweeny, Moskowitz, JJ. 2690 Index 601591/06 ALJ Capital I, L.P., et al., Plaintiffs-Appellants, v The David J. Joseph Co

March 07, 2013 |

Circuit Rejects Antitrust Suit in Ruin of Market for Auction-Rate Securities

It was inevitable that the collapse of the $300 billion ARS market in 2008 would trigger securities litigation. And it did, but the ARS freeze also spawned a massive antitrust case, after a trio of plaintiffs firms cooked up a theory that the market's demise was triggered by an illegal boycott by major banks.
3 minute read
August 01, 2006 |

Putting On the Brakes

The government does not have unlimited power in corporate prosecutions, it turns out.
3 minute read

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