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July 01, 2003 | The Legal Intelligencer

N.Y. Ruling Raises Public Education Standard

The New York Court of Appeals Thursday raised the bar in educational standards, holding for the first time that New Yorkers are constitutionally entitled to the equivalent of a meaningful high school education.
10 minute read
New York Judge Rules Argentine Pension Funds Subject to Judgment In Distressed Debt Case
Publication Date: 2008-12-15
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Vulture funds seeking to collect more than $550 million in bond default judgments against the Republic of Argentina are closer than ever to sinking their talons into frozen Argentine pension assets. In a 40-page opinion, Manhattan federal district court judge Thomas Griesa ruled last week that funds held in the U.S. for Argentine pensioners can be used to satisfy the vulture funds' previously-obtained judgment against the country.

Private Equity Firms Lose Bid to Dodge Collusion Suit
Publication Date: 2013-07-18
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Most of the world's most powerful private equity firms must face an investor class action alleging that they conspired to drive down buy-out prices for publicly traded companies, a federal judge in Boston ruled Thursday.

Judge Gives Madoff Investors Green Light for Multi-Billion Fraud Class Action Against Fairfield Greenwich Feeder Funds
Publication Date: 2010-08-19
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Many of the Fairfield defendants argued in a motion to dismiss that they were also duped by Bernie Madoff, and lost money of their own. But Judge Victor Marrero found the feeder funds' fees may well have led Fairfield to "turn a blind eye" to Madoff's Ponzi scheme.

February 24, 2006 | National Law Journal

No. 1 Task for Shearman Leader: Keeping the Firm in the Top Tier

With its illustrious history and posh name, Shearman & Sterling strikes many as the epitome of the patrician, white-shoe New York law firm. But the past few years have seen the 1,013-lawyer firm's image tarnished by associate layoffs, partner departures and signs of internal dissent, all capped by a profitability gap between Shearman and its erstwhile peers. Now the firm may be enjoying a fresh start, due partly to firm leader Rohan Weerasinghe and a 22 percent jump in profits per partner.
18 minute read
Lehman Directors Off the Hook for Collapse of Employee Stock Plan
Publication Date: 2010-02-03
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Manhattan federal district court judge Lewis Kaplan is tossing out Lehman cases as if they were old shoes. Last week it was the ratings agency case; this week it's an ERISA class action.

Report: New Securities Class Actions Way Down in 2012
Publication Date: 2013-01-22
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With the credit crisis fading into the distance, the flood of suits against Chinese reverse merger companies drying up, and the courts erecting barriers left and right, securities plaintiffs lawyers may be struggling to find new targets.

New York Appeals Court Reinstates Antitrust Conspiracy Claims Stemming from Lloyd's Restructuring
Publication Date: 2011-01-12
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The decision revives Global Reinsurance's allegations that Equitas, created in the Lloyd's restructuring of 1996, has taken advantage of its vast power in the reinsurance marketplace.

Morgan Lewis Wins $115 Million Infringement Award Against Verizon in Battle over Video-On-Demand Technology
Publication Date: 2011-08-03
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Morgan Lewis & Bockius client ActiveVideo prevailed in a three-week patent infringement trial, but there's another beneficiary too: ActiveVideo client Cablevision, which continues to battle Verizon over related patents at the ITC.

Judge Rakoff Finds a BofA Settlement He Can Approve
Publication Date: 2009-08-26
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In case you were worried that the judge who won't sign off on the bank's proposed $33 million settlement with the SEC is allergic to all BofA deals, here's proof he isn't. This week Rakoff gave the green light to the $150 million securities class action settlement of a case BofA inherited when it acquired Merrill Lynch.

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