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GC of SOX-Created Agency Stays On to Fight Constitutional Challenge
How quickly things change. Last month, the Public Company Accounting Oversight Board, a SOX-created private agency that oversees auditors of public companies, said its general counsel was stepping down at the end of March. But the day after that announcement, the PCAOB was hit with a suit challenging its existence on constitutional grounds. Now, Lewis Ferguson III says he'll stay on, at least for a while, to defend the PCAOB in a case he says may go to the U.S. Supreme Court.Buyout Firm Hits Mayer Brown With $245 Million Refco Suit
The private equity firm that owned a controlling interest in failed commodities brokerage Refco Inc. has filed a $245 million lawsuit against Mayer, Brown, Rowe & Maw, accusing the law firm of helping to conceal the sham transactions that led to Refco's collapse. Boston-based buyout firm Thomas H. Lee Partners filed a complaint against Mayer Brown on Thursday in federal court in Manhattan, alleging that Mayer Brown handled 17 fraudulent transactions at the behest of Refco's executives between 2000 and 2005.For any class action plaintiffs lawyer, winning tens of millions of dollars in fees is a big deal. But the litigation Robert Abrams of Baker & Hostetler spearheaded for a group of southeast U.S. dairy farmers isn't your average case--not for Abrams, his firm, or the bankruptcy trustee and creditors of Howrey LLP.
Getting Fired: Don't Deal With the In-House Counsel and Deal With It Publicly?
Heaven forbid, IF you get fired, don't talk with the in-house counsel and deal with it in a public manner? Uh oh, that's not what an in-house lawyer wants to hear ...Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
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