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December 04, 2003 | Law.com

Claims Against WorldCom's Directors Denied

A federal judge in New York Tuesday dismissed claims accusing the audit committee of WorldCom Inc.'s board of directors of abandoning their oversight responsibilities amid the telecommunication company's massive fraud. Southern District Judge Denise Cote said the complaint failed to allege adequately the directors' scienter, or intent to deceive.
4 minute read
February 21, 2001 | Law.com

Three New York Legal Institutions Agree to Merge Libraries

New York City's three law libraries -- with a combined 1.1 million volumes, including some so elderly their covers are made of wood -- constitute an embarrassment of riches, but they are expensive to operate. While in the past creating a new law library was the big idea, recently a small group of attorneys has been seeking ways to merge the three law libraries into a single, more efficient entity.
6 minute read
April 07, 2000 | Law.com

Passing the Bigger Buck

4 minute read
October 17, 2003 | New York Law Journal

Newsbriefs

4 minute read
February 05, 2007 | Law.com

Latham and Gibson Dunn Raise N.Y. Salaries to $160,000

California associates still dreaming of New York-sized salaries are in for a rude awakening. West Coast standard bearers Latham & Watkins and Gibson, Dunn & Crutcher announced that they're increasing first-year associate pay to $160,000 in New York, but only to $145,000 in California and elsewhere. Orrick, Herrington & Sutcliffe, Heller Ehrman and Paul, Hastings, Janofsky & Walker also announced the same increase -- except that Orrick will also raise Washington, D.C., first-years to the $160,000 scale.
4 minute read
July 16, 2001 | Law.com

Mergers Keep on Failing

Continuing the merger carnage, more than $40 billion in mergers and acquisitions came undone in the second quarter, a 150 percent jump in dollar value compared with $16 billion in the first quarter. While the dollar value may have been higher, the number of collapsed deals fell sharply, with a few very large deals representing the bulk of merger terminations in the second quarter.
5 minute read
September 13, 2010 | Law.com

Chief Rainmaker Holds Power Close as He Grows Kasowitz Benson Despite Tough Economy

Kasowitz, Benson, Torres & Friedman has been able to grow aggressively in large part thanks to Marc Kasowitz, whose control over the law firm carrying his name draws few comparisons -- almost all governance has been vested in him as the firm's chief rainmaker. Kasowitz believes that remaining a practicing lawyer in a litigation shop "helps me run the firm better." No longer the litigation boutique it started as years ago, he has increasingly brought in others to help manage its expanding operations.
15 minute read
September 26, 2002 | Law.com

WTC Attack Is One Event, Judge Rules

A federal judge in New York ruled Tuesday that language in insurance binders issued by three insurance companies makes clear that the terrorist attack on the World Trade Center should be construed as a single event. Twenty-two insurers are fighting World Trade Center leaseholder Silverstein Properties, which claims that it is entitled to collect $7.1 billion, or $3.6 billion on each of two separate occurrences.
5 minute read
April 15, 2004 | New York Law Journal

Trial Over Trade Center Insurance in Final Phase

5 minute read
August 08, 2006 | New York Law Journal

WTC Insurance Dispute Sent To State Court

5 minute read

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