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July 05, 2006 | New York Law Journal

Newsbriefs

3 minute read
July 26, 2006 | New York Law Journal

Newsbriefs

3 minute read
May 30, 2003 | Law.com

Creditors' Committees May Pursue Derivative Avoidance Actions

In a highly anticipated decision, a divided en banc 3rd Circuit panel ruled that a creditors' committee in a Chapter 11 case can be authorized by the bankruptcy court to pursue a lawsuit that the debtor itself opted not to. The court rejected the argument that the Bankruptcy Code specifically limits the power to bring such suits to bankruptcy trustees. But the dissenters said the decision directly conflicts with U.S. Supreme Court case law.
6 minute read
September 24, 2007 | Law.com

What Will Black Be Arguing in His Criminal Appeal?

Having been acquitted of most of the counts in the original criminal indictment that he faced, Lord Conrad Black has filed motions in the U.S. District Court to appeal his convictions on three counts of mail fraud and one count of obstruction of justice. Black is asking that his trial judge either acquit him or order a new trial. Attorney Raphael Grunfeld discusses Black's convictions and outlines the issues he will be arguing on appeal.
5 minute read
June 02, 2003 | New Jersey Law Journal

Creditors' Committees May Pursue Derivative Avoidance Actions

In perhaps the most anticipated bankruptcy decision so far this year, a divided Third U.S. Circuit Court of Appeals ruled last Thursday that a creditor's committee in a Chapter 11 case can be authorized to pursue a lawsuit that the debtor itself opted not to take up.
7 minute read
June 12, 2002 | New York Law Journal

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ALMOST everyone familiar with the phrase "bodacious tatas" would agree that among the last things it brings to mind is an Indian conglomerate.
7 minute read
April 10, 2002 | The Legal Intelligencer

Guilty Plea Signals Big Break in Case Against Enron

The admission in court Tuesday by a senior auditor at Arthur Andersen LLP that he broke the law destroying documents in Enron`s collapse gives U.S. prosecutors a powerful tool in the broadening financial investigation, legal experts said.
4 minute read
October 26, 2004 | Law.com

Closing is Just the Beginning: Merging Can Be Bumpy

You've signed the merger deal, notified the press and toasted the marriage of two firms. Now the hard part begins. Managing partners from firms that merged in 2002 are quick to say now that the joining of practices has done nothing but improve client services and made their operations more efficient. But others less enchanted with the new arrangements say that creating a megafirm impersonalized their practices and left the smaller, acquired firm feeling disenfranchised.
9 minute read
March 01, 2001 | Law.com

New York Lawyers, Communities Waged 'Battle of IKEA'

The fate of the furniture retailer IKEA's controversial plan to build a 309,000-square-foot "big box" superstore in New Rochelle, N.Y., was settled in the court of public opinion before it ever reached a court of law. However, lawyers played a significant role in the landmark environmental fight.
11 minute read
November 27, 2007 | National Law Journal

To Make It in Manhattan, D.C. Law Firms Drop Millions

For decades New York's bright lights and iconic skyline have lured in outsiders who dream of making their fortune in Manhattan. Washington, D.C., shops have spent millions trying to establish and expand their brand in New York. Legal Times checked out the operations of five D.C. firms with New York ambitions -- Arnold & Porter, Covington & Burling, Crowell & Moring, Dickstein Shapiro and Hogan & Hartson -- and found that all, in their way, hope to be the next Latham & Watkins.
13 minute read

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