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November 07, 2012 |

MF Global Lawsuit Targets Auditors

Plaintiffs lawyers accusing the bankrupt securities firm MF Global of bilking customers out of $1.6 billion have expanded their civil suit with new claims against the auditing giant PricewaterhouseCoopers.
3 minute read
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 19, 2007 |

Lawyers Get Back on Board

Scandals in the early part of the decade prompted Congress to pass a new law expanding the liability exposure of public company board members. Attorney-directors feared that investigations could look at whether they could have prevented a company's failure, either as a legal adviser or a director. But five years after the Sarbanes-Oxley Act, an increasing number of corporate attorneys are deciding that the benefits of serving as directors of public companies outweigh the risks.
5 minute read
July 20, 2012 |

The Churn: Lateral Moves and Promotions in The Am Law 200

Skadden, Arps, Slate, Meagher & Flom lands a former acting assistant attorney general from the Justice Department for its antitrust and competition practice; Allen & Overy adds two partners to its securities and financial services regulatory practice; and Jones Day recruits two partners for its Silicon Valley outpost. The Churn is constant, Please send all announcements to [email protected].
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
September 20, 2007 |

Someone to Watch Over You

Given that use of corporate monitors is on the upswing, it's important for general counsel -- even those who think their company will never face these problems -- to learn about the soft spots in the system. The Justice Department offers no firm guidelines on monitors, leading to disparate treatment of businesses, but in at least five areas, GCs can have enormous influence over the terms that define a monitor's job.
13 minute read
June 20, 2008 |

Newsbriefs

6 minute read
May 07, 2013 |

O'Melveny Snags Cadwalader Bankruptcy Leaders

John Rapisardi and George Davis—who joined Cadwalader, Wickersham & Taft six years ago in a high-profile lateral move from Weil, Gotshal & Manges—are leaving the firm to cohead the global financial restructuring practice at O'Melveny & Myers.
5 minute read

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