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Rambus U.S. Litigation to Continue Despite Antitrust Settlement with European Commission
Publication Date: 2009-12-09
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The E.C. deal sets a worldwide licensing rate going forward, but doesn't resolve the past conduct at issue in U.S. patent and antitrust cases. The beat goes on for Munger, Weil, Quinn, and O'Melveny lawyers toiling on Rambus cases.

Gutted Shareholder Case Helped Pave the Way for $956 Million Vivendi Verdict
Publication Date: 2012-06-26
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Two-and-a-half years ago a jury returned an estimated $9.3 billion verdict for shareholders of Vivendi Universal SA. That verdict was slashed in the wake of the U.S. Supreme Court's ruling in Morrison v. NAB. But it may have made all the difference in a suit accusing Vivendi of misleading Liberty Global Corp during negotiations over a 2001 deal.

September 07, 2007 | Law.com

Desperately Seeking Seniors

No longer is the 60-plus set just taking a pension and slinking off into the sunset. Lawyers are living longer and healthier, and many want to stay professionally active well into their 70s. Law firms are split regarding enforcing mandatory retirement policies. Economics are driving the split, since younger attorneys want to make more money, be the primary client contact or be lead trial counsel. But kicking out profitable partners is "just lunacy," says Cadwalader Chairman Robert Link Jr.
7 minute read
October 20, 2011 | Daily Report Online

Unlikely coalition guides Iceland's recovery

On Oct. 6, 2008, Iceland's then-prime minister, Geir Haarde, went on television to tell his countrymen that the nation's financial system was on the verge of collapse.Haarde explained that Iceland's largest banks-Kaupthing Bank hf., Landsbanki slands hf. and Glitnir Banki hf.-collectively owed debt worth many times the nation's gross national product.
17 minute read
Weil and Willkie Fail to Stop Illinois Pension Plan's Suit Against GE and Underwriters
Publication Date: 2012-01-13
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A Manhattan federal judge ruled on Thursday that an Illinois pension plan could proceed with its efforts to bring a class action against General Electric on behalf of investors who purchased $12 billion of the company's stock. The plaintiff claims that investors were misled by GE and several large financial institutions about the company's exposure to subprime mortgages and other risky investments during the recent financial crisis.

December 21, 2009 | Law.com

Privilege Takes Center Stage as WaMu Bankruptcy Heats Up

Lawyers for Washington Mutual filed papers Friday in the bank's Chapter 11 case claiming Sullivan & Cromwell, on behalf of WaMu's new owners at JPMorgan Chase, has been sending out letters asking WaMu's old law firms to turn over client files on WaMu that include privileged material. The letters claim JPMorgan should have access to the documents because JPMorgan and WaMu are essentially the same entity now and therefore have "joint privilege." WaMu's lawyers at Quinn, Emanuel, Urquhart, Oliver & Hedges disagree.
3 minute read
June 04, 2007 | Texas Lawyer

New Deals

Clear Channel Communications to sell television group to Providence Equity Partners. Quanta Services Inc. to acquire Infrasource Services Inc. Valero Energy Corp. to sell refinery to Husky Energy Inc.
6 minute read
May 26, 2003 | Texas Lawyer

Money Matters

Only one in every five dues-paying members of the State Bar of Texas when paying their dues kicked in a voluntary $65 donation in 2002 to help the Bar pay for legal services for low-income Texans, according to statistics compiled by the Bar. That may change if a provision for a mandatory $65 annual donation stays in the Bar's sunset bill, which is pending in the Senate.
15 minute read
November 16, 2001 | Law.com

2001 Summer Associates Survey: From Mayer Brown to Wolf Block

65 minute read
October 02, 2008 | New York Law Journal

New Deals

The monumental Wall St. transformation continued this week as Citigroup Inc. agreed to buy the banking operations of Wachovia Corp. for $2.2 billion in stock, JPMorgan Chase & Co. acquired the banking operations and assets of Washington Mutual Inc. in a $1.9 billion deal following an FDIC seizure of the savings bank, and two of the last remaining private investment banks, The Goldman Sachs Group Inc. and Morgan Stanley, became bank holding companies under supervision of the U.S. Federal Reserve.
4 minute read

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