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District Judge John. E. Sprizzo U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Appearances Sheryl Creed Maxfield First Assistant Attorney G
Lawyers Pour Big Money Into State-Level Races
Among the public, the battle for control of Congress has overshadowed some hard-fought races for governor, attorney general and other state offices. Not for lawyers. In this election, they have poured big campaign contributions into lower-level races, hoping to influence the levers of state government.The Score: Firms Eye Devils Deal, Proskauer Seals TV Pacts
Proskauer Rose is advising the U.S. Golf Association and NASCAR on new television broadcast rights deals with Fox Sports and NBC Sports, respectively; Boies, Schiller & Flexner and Wachtell, Lipton, Rosen & Katz are leading on a looming sale of the National Hockey League's New Jersey Devils; and several Am Law 100 lawyers take seats on the NCAA's expanded infractions committee in our latest look at sports and the law.Big Surprise: Plaintiffs Firms Back SEC's Shareholder Rights Plan
A rare joint letter to the U.S. Securities and Exchange Commission from a group of defense law firms over shareholder proxy access is receiving an even rarer response from nine of the country's largest plaintiffs law firms. The firms, more typically seen in shareholder litigation than in regulatory squabbles, include Labaton Sucharow; Bernstein Litowitz Berger & Grossman; and Cohen Milstein Sellers & Toll. The letter, dated Tuesday, supports the SEC's proposal to allow shareholders to nominate directors, exactly what the defense firms argued against last week.Oracle's Takeover Bid Adds New Wrinkle to BEA Suit
A derivative suit on behalf of BEA Systems claims the company's directors and managers enriched themselves through the practice of backdating, and should pay damages. Their actions, plaintiffs say, cost the company money, as did the financial restatement that backdating triggered. With an amended complaint, plaintiffs lawyers add a new wrinkle: When directors rejected Oracle's $6.7 billion takeover bid, they couldn't have properly weighed the offer, because backdating had clouded the true value of BEA.A federal magistrate ruled that Cravath improperly accused the plaintiffs firm of sending money to witnesses and permitting false testimony. But the Second Circuit said the record didn't support Rule 11 sanctions.
In re Schering-Plough Corporation ERISA Litigation
ERISA § 410(a) does not render a release and covenant not to sue signed by an individual claiming breach of a fiduciary duty void as against public policy.Trending Stories
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