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Sprint Nextel's lawyers at Skadden, Arps, Slate, Meagher & Flom have been airing the company's antitrust misgivings about the proposed AT&T acquisition since May. On Tuesday, just a week after the Department of Justice sued to block the deal, Sprint is upping the ante with a Washington, D.C., federal district court suit that it wants consolidated with the government's case.
Cite as: NML Capital, Ltd. v. Banco Central de la Rep�blica Argentina, 10-1487-cv(L), NYLJ 1202499451081, at *1 (2d Cir., Decided July 5, 2011)Before: Miner, Ca
It was big news in May when a California state court judge rejected the rating agencies' First Amendment silver bullet and ruled that a $1.3 billion suit could proceed. But now he's decided that the suspect ratings are protected under California's anti-SLAPP law.
Securities Analyst's Method Was Reliable, U.S. Judge Concludes
The report of an expert in economic analysis of securities will be admitted in a securities fraud case in which investors lost more than $230 million as a result of fund bankruptcy, a federal judge ruled last month. In a 100-plus-page opinion involving seven cases combined for discovery purposes, the judge denied a motion to exclude the expert's testimony as failing to meet the Daubert standards.Irving Picard, the trustee liquidating Bernie Madoff's defunct investment firm, has suffered such a cascade of losses lately in his cases against banks that allegedly contributed to Madoff's mega-fraud that another setback here or there doesn't always stand out. But the win that Saltzstein and Schnabl pulled off on Tuesday for defendant UniCredit S.p.A. is another story.
Cite as: CSX Corporation v. The Children's Investment Fund Management (UK) LLP, 08-2899-cv (L), NYLJ 1202503282709, at *1 (2d Cir., Decided July 18, 2011)Before
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