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$10 Million Suit Against Chinese Firm DeHeng Dismissed
A federal judge has dismissed for the third time a $10 million securities fraud suit against DeHeng Law Offices. The plaintiffs, several U.S. investment funds that had attempted to acquire a Chinese distributor of hospital equipment, claimed their investment was stolen by a man associated with and possibly married to a former DeHeng partner.ABA Calls for Stronger Cybersecurity Safeguards
Citing a growing need to protect client confidentiality, the ABA's House of Delegates passed a resolution last week calling on federal, state and local governments to pass strong laws combating unauthorized intrusion into lawyers' computers and networks.Survey Shows Growth Spurt for Law Firms
The nation's largest law firms expanded by a robust 5.6 percent in 2007, a year that demonstrated growth well ahead of 2006's gains and one that for the first time knocked a long-reigning leader from the No. 1 position.Cite as: East Midtown Plaza Housing Company, Inc. v. Cuomo, 85 AD3d 485, NYLJ 1202579108487, at *1 (App. Div., 1st, Decided June 14, 2011)Before: Gonzalez
Hexion Battle Highlights Tough Merger Environment
In July 2007, Hexion Speciality Chemicals Inc. and Huntsman Corp. announced a $10.6 billion merger that Hexion's chairman and CEO touted as a "great opportunity to create a world-class company." But that was before the economy soured and credit tightened. Now, the banks that were to finance the transaction have jumped ship, and the merger is mired in litigation.Sanctions climb in battle over religious texts
A court order levying a $50,000 daily fine against the Russian government for refusing to return thousands of Jewish religious texts made international headlines in January. But what's happened since then remains a secret, except that the Russian Federation's tab has grown to more than $3.5 million.Trending Stories
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