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June 06, 2013 |

Outside Law Firm Cybersecurity Under Scrutiny

Bank of America Merrill Lynch is auditing the cybersecurity practices at its outside law firms, partly under pressure from government regulators.
4 minute read
July 03, 2006 |

Prosecutors draw fire in KPMG case

U.S. District Judge Lewis Kaplan delivered a harsh rebuke to prosecutors last week for pressuring Big Four accountant KPMG to cut off legal fees for employees unwilling to cooperate in the largest tax fraud investigation in U.S. history.
2 minute read
June 23, 2008 |

Court Rebuffs Akin Gump's Bid for Discovery of Privileged Material

A Manhattan appeals court has narrowed the scope of discovery Akin Gump Strauss Hauer & Feld can seek from the former hedge fund managers who are suing the law firm for fraud and legal malpractice. James McBride and Kevin Larson, the former principals of Veras Investment Partners, sued Akin Gump for more than $4 billion in damages last year, claiming the firm advised it that the "late trading" activities which made the fund a target of former New York Attorney General Eliot Spitzer were legal.
2 minute read
March 10, 2011 |

Expanded Supervisory Liability for In-House Lawyers

Richards Kibbe & Orbe's James Q. Walker, Daniel C. Zinman and Grant Mogan discuss an ALJ's disquieting holding that an in-house lawyer at a broker-dealer with no direct supervisory authority over a retail financial adviser was, nonetheless, that financial adviser's "supervisor" under the federal securities laws.
10 minute read
May 09, 2003 |

Firms' Shallow Pockets Frustrate Plaintiffs

Anthony [email protected] YORK-As the nation's major law firms ponder how to avoid massive liability in the post-Enron world, they can take some comfort in the thought that the lawyers suing them hardly are thrilled at the prospect. That is because supposedly deep-pocketed law firms are frustratingly small potatoes, said David Spears, a litigation partner at New York's Richards Spears Kibbe Orbe.
6 minute read
June 17, 2013 |

Corporate Cyberattacks Come Out of the Shadows

Since the dawn of cybercrime, public companies have largely operated under the notion that, while they have a responsibility to guard their data, they have little duty to report attacks to investors and regulators. That is all about to change.
4 minute read
October 18, 2010 |

Movers

Steven Frank joins Bingham McCutchen's corporate, mergers and acquisitions and securities practice group in the Boston office. Plus more law firm movers in this week's column.
3 minute read
May 20, 2010 |

Are You Sure Your Settlement Negotiations Are Confidential?

Brian S. Fraser and Patricia C. O'Prey, partners at Richards, Kibbe & Orbe, write that there is a good chance that, at least once, you have started a conversation with a real or potential adversary by saying "this is for settlement purposes only" or words to that effect and discuss the pitfalls if the other side doesn't keep the deal.
12 minute read

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