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December 14, 2012 | Daily Business Review

Millionaires seek shelter in trusts as Bush tax cuts may end

Unless Congress and President Barack Obama decide otherwise, top rates for estate and gift taxes will rise to 55 percent from 35 percent on Jan. 1, with lifetime exemptions falling to $1 million per person from $5.12 million when Bush era tax cuts expire.
6 minute read
April 23, 2009 | The Recorder

Rodriguez v. West Publishing Corporation

4 minute read
January 09, 2006 | Corporate Counsel

Concerning Frist: When Is Trading Sufficiently 'Blind'?

Senate Majority Leader Bill Frist has publicly defended himself against insider trading allegations by insisting he was unaware of inside information when he sold his stock in Hospital Corporation of America. He has also stated numerous times that his HCA securities were in a "qualified blind trust," so he could not even be certain about the extent of his holdings at any given time. Darren W. Stanhouse, a McGuireWoods associate, discusses the potential legal success of this defense.
9 minute read
May 04, 2012 | Daily Report Online

McGuireWoods

3 minute read
Tyco International Ltd. v. Walsh, 02 Civ. 4633
Publication Date: 2010-10-08
Practice Area: Evidence
Industry:
Court: U.S. District Court, Southern District
Judge: District Judge Denise Cote
Attorneys:
For plaintiff: For Plaintiff: Mark Levine Bartlit Beck Herman Palenchar & Scott LLP, Chicago, IL Bryan LeachBartlit Beck Herman Palenchar & Scott LLP, Denver, CO 80202
For defendant: For Defendant: Michele L. Pahmer Jeremy Rosof Elizabeth Cronise Rodger Pichardo Stroock & Stroock & Lavan LLP, New York, NY
Case number: 02 Civ. 4633 (DLC)

Cite as: Tyco International Ltd. v. Walsh, 02 Civ. 4633, NYLJ 1202473067407, at *1 (SDNY, Decided October 04, 2010)District Judge Denise Cote p class="deci

March 06, 2007 | National Law Journal

Midsize Eastern Firms Get Aggressive in L.A.

Los Angeles has morphed into a recruiting hotbed in the past nine months as several midsize firms from the East Coast aggressively opened offices. Several of those firms lured large groups of lawyers from well-known local firms in a legal market rife with dissolutions and an unusually high number of defections. "The last six months, particularly on the west side of L.A., have been hot," says Roger Warin, chairman of Steptoe & Johnson, which opened its second Los Angeles office, in Century City, last July.
3 minute read
April 19, 2007 | Corporate Counsel

Can Disclosure Set You Free From Insider Trading Charges?

The misappropriation theory of insider trading, which was first recognized by the Supreme Court, establishes liability for individuals who are not typical company "insiders" -- and also seems to offer them a specific defense. The misappropriation theory is based on a duty owed to the source of non-public material information, rather than to shareholders of the company at issue. So, a defendant's disclosure to the source could neutralize the acts of deception necessary for a securities fraud claim.
7 minute read
April 28, 2009 | New York Law Journal

Law Firm Roundup

5 minute read
In Re Wachovia Equity Securities Litigation, 08 Civ. 6171 (RJS)
Publication Date: 2011-04-07
Practice Area: Business Law
Industry:
Court: U.S. District Court, Southern District
Judge: District Judge Richard J. Sullivan
Attorneys:
For plaintiff: The Equity Plaintiffs are represented by Ira M. Press, Andrew Martin McNeela, and Roger W. Kirby of Kirby McInerney LLP, New York, NY. The Stichting Plaintiffs are represented by Geoffrey Coyle, Jarvis, Jay W. Eisenhofer, and Michele S. Carino of Grant & Eisenhofer, P.A., New York, NY; and James Richard Banko of Grant & Eisenhofer, P A, Chase Manhattan Centre, Wilmington, DE. The FC Holdings Plaintiffs are represented by Daniel Arthur Cohen, Daniel Joseph Kornstein, and Amy Christine Gross of Kornstein Veisz Wexler & Pollard, LLP, New York, NY; JefIrey H. Squire of Bracewell & Patterson, LLP, Washington, DC; and Paul D. Wexler of Bragar, Wexler & Eagel, P.C., New York, NY. The Bond/Notes Plaintiffs represented by John J. Gross, Christopher L. Nelson, David Kessler, John Anthony Kehoe, and Benjamin J. Sweet of Barrowav Topaz Kessler Meltzer & Check, LLP, Radnor, P A; Nichole Browning and Eric Donald Peterson of Barroway Topaz Kessler Meltzer & Check, LLP, San Francisco, CA; Ramzi Abadou, Maureen Elizabeth Mueller, Lucas F. Olts, and John J. Rice of Robbins Geller Rudman & Dowd LLP, San Diego, CA; David Avi Rosenfeld of Robbins Geller Rudman & Dowd LLP, Melville, NY; John Patrick Coffey, William Curtis Fredericks, Kurt Michael Hinciker, Christopher Chad Johnson, John James Rizio-Hamilton, and Jeroen Van Kwawegen of Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Jack Gerald Fruchter of Abraham Fruchter & Twersky LLP, New York, NY; Lionel Z. Glancy of Glancy & Binkow, LLP, Los Angeles, CA; Michael Max Goldberg of the Law Offices of Michael Goldberg, New York, NY; Marc Ian Gross and Fei-Lu Qian of Pomerantz Haudek Block Grossman & Gross LLP, New York, NY.
For defendant: The Wachovia Defendants are represented by Douglas H. Flaum, Eric A. Hirsch, Israel David, and John W. Brewer of Fried, Frank, Harris, Shriver & Jacobson, New York, NY. The Underwriter Defendants are represented by Alfred Robert Pietrzak, Patrick Michael McGuirk, Owen Harris Smith, and Saima S. Ahmed of Sidley Austin LLP, New York, NY. Defendant KPMG is represented by Emmet Thomas Flood of Williams & Connolly LLP, Washington, DC and Marshall Beil of McGuireWoods LLP, New York, NY.
Case number: 08 Civ. 6171 (RJS)

Cite as: In Re Wachovia Equity Securities Litigation, 08 Civ. 6171 (RJS), NYLJ 1202489220302, at *1 (SDNY, Decided March 31, 2011)District Judge Richard J. Sull

December 17, 2007 | National Law Journal

Ballard Spahr seeks new fortunes in Los Angeles

In August, Philadelphia-based Ballard Spahr Andrews & Ingersoll became the latest Eastern U.S. firm to open an office in Los Angeles, snagging four partners in recent months from Baker Hostetler, including David Sampson, its former managing partner in Los Angeles. The move comes one year after Ballard opened offices in Las Vegas and Phoenix. And the firm isn't finished yet.
3 minute read

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