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Jeffer, Mangels Aids Chapter 7 Rebound
Usually when a firm hits Chapter 7 bankruptcy, it's all over except the autopsy. But a surprise investor's $100 million revived a Hawaiian developer at the last moment.$70M Suit Against Cadwalader Reflects Risks of Practice in Mortgage-Backed Securities
As the global slowdown in the market for mortgage-backed securities threatens a core practice area of Cadwalader, Wickersham & Taft, the New York law firm is also wrestling with a $70 million legal malpractice suit brought by a major issuer of such securities. Cadwalader is one of the nation's top law firms when it comes to securitizations, and its large practice in the area has helped catapult the firm to the top of the profitability charts over the past few years.High Court Struggles With Alien Tort Statute
In a case watched closely by human rights groups and business organizations, the Supreme Court on Tuesday struggled to decide when foreigners can use U.S. courts to litigate over foreign violations of international law. Some justices seemed inclined to favor at least a limited right to bring such suits, while others saw the litigation as "serious interference with the political branches to conduct foreign affairs," as Justice Antonin Scalia put it.Mayer, Brown Seals Largest U.K. Merger
M ayer, Brown & Platt has acquired 250-lawyer London firm Rowe & Maw in the largest American acquisition of a U.K. law firm to date.Trending Stories
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Small Law Firm Playbook: The Expert's Guide to Getting the Most Out of Legal Software
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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Meeting the Requirements of California's SB 553: Workplace Violence Prevention
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