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October 09, 2006 | Law.com

New Spitzer Biography Reveals 'Crusading Good Kid' With a Dark Side

Thanks to Eliot Spitzer's highly publicized attacks on fraud in the financial services industry, he's arguably the most famous New York-based prosecutor since Thomas Dewey. And he's the overwhelming favorite to win the Democratic nomination for New York governor. Attorney Michael Stern reviews a new Spitzer biography, "Spoiling for a Fight," by Brooke A. Masters, noting "there's a dark side to Eliot Spitzer the crusading Good Kid, of course, and Masters is scrupulous in painting that portrait as well."
11 minute read
June 17, 2004 | Law.com

Clifford Chance Faces New Threat of Departures

With its U.S. expansion plans already hurt by East Coast defections, British legal giant Clifford Chance faces a potential Western Front. Some said the firm would have 100 California lawyers by 2002's end -- but not one West Coast lateral partner has been recruited, and last month current partners began leaving. Now, the San Francisco legal community is abuzz about the expected defection of Clifford Chance's West Coast securities litigation group to another firm.
6 minute read
June 11, 2009 | New York Law Journal

New Deals

Penske Automotive Group Inc., the nation's second-largest auto dealership, has won the bid for General Motor Corporation's Saturn brand as part of GM's Chapter 11 reorganization. Also, nine years after what was touted as a ground-breaking $128 billion merger, Time Warner Inc. has announced it is spinning off troubled AOL.
3 minute read
Sullivan & Cromwell Rebuffs Effort by Canadian Oil Company to Enjoin BP's Talks With Russian Oligarchs
Publication Date: 2011-05-27
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Claiming that Russian oligarchs seized its interest in an oil company, Norex Petroleum tried to enjoin ongoing buyout talks between the oligarchs and BP over a Russian partnership. BP's lawyers at Sullivan & Cromwell called this an improper attempt to embroil a U.S. court in a foreign matter.

Marc Kasowitz of Kasowitz, Benson, Torres & Friedman
Publication Date: 2011-01-13
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Winning an outright reversal of a lower court decision is never easy. And when you're litigating against a score of the largest banks in the world, backed by a half-dozen of the country's top law firms, that makes the victory all the more sweet.

Judge Tells Bernstein Litowitz to Try Again in Dismissal Ruling in WaMu Class Action
Publication Date: 2009-05-15
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The plaintiffs' lawyers filed a 388-page complaint, but a Seattle federal district court judge called it "verbose" and "disorganized." She dismissed several claims and told lead counsel from Bernstein Litowitz to shape up or she'd ship them out.

July 09, 2010 | Corporate Counsel

On the Job: Moves

16 minute read
March 28, 2007 | Law.com

Two Young Prosecutors Get Their Man, Former Cendant Chairman Walter Forbes

When prosecutors in the U.S. Attorney's Office in New Jersey brought securities fraud and conspiracy charges against former Cendant chairman Walter Forbes, they probably didn't foresee the three trials ahead. Or that Forbes' conviction would come at the hands of two young prosecutors, Michael Martinez and Craig Carpenito, who took over after the first mistrial. Undaunted by a second mistrial, and aided by changing circumstances as well as crucial adjustments to trial strategy, the two finally got their man.
28 minute read
Robert Giuffra Jr. of Sullivan & Cromwell
Publication Date: 2011-06-30
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In the pitched battle over MBIA's controversial restructuring, Giuffra convinced the New York Court of Appeals to reinstate a fraudulent conveyance and contract lawsuit brought by a group of banks concerned about the insurer's ability to honor policies covering billions of dollars in complex financial instruments.

May 14, 2003 | New York Law Journal

New York Court of Appeals Roundup

11 minute read

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