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Control of Forum in Derivative Actions
Through amendments to corporate documents, corporations are making the choice of where they are sued, explain Robbins Umeda attorneys.Jones Days Adds Finance Partner in Singapore
Michelle Chen was formerly a partner with Herbert Smith.Absent Lawyer Says Firm Knew He Wouldn't Show
A lawyer who didn't show up last week for a California Supreme Court argument has gone on the offensive. In a letter delivered to the state's chief justice, a lawyer for Allen Kent says that Kent's employer of nearly 11 years wasn't truthful when he told the court and the media that he didn't know his firm had a case before the court on Feb. 10. A firm partner says he disagrees with "99 percent" of the letter.Impact of the Auction Rate Securities Market Collapse
Andrew M. Genser, a partner at Kirkland & Ellis, writes: The collapse of the $330 billion Auction Rate Securities (ARS) market in February 2008 has been eclipsed in the media by a string of other dramatic collapses (and near collapses) on Wall Street, from Freddie Mac to the Madoff scandal. However, despite the fact that ARS may have receded from the headlines, billions of dollars of illiquid ARS are still at stake. Indeed, although regulators have reached large settlements with the major ARS dealers, many investors are not covered and even investors who are covered are searching for ways to claim additional damages. At the same time, regulators continue to investigate the sales practices of secondary ARS dealers. This article surveys the ARS regulatory and private litigation landscape one year after the market collapse.Former Solicitor General Olson Predicts Tough Going for Next Justice
Despite Republican gains, President Bush's picks for potential Supreme Court vacancies will face a "political firestorm" in the Senate, the Bush administration's former chief lawyer at the high court said Thursday. Theodore Olson, who resigned in July as solicitor general, predicted Bush will get to name as many as three justices during his second term. "The presidential election was merely about the next four years. A Supreme Court justice is for life. It will not be pretty," he said.View more book results for the query "*"
Jackson had long history with estate executor
LOS ANGELES AP - A week after Michael Jackson died, his longtime lawyer and friend, John Branca, arrived at a meeting with the singer's family. He carried the pop star's will, and with it, the news on who would benefit from the King of Pop's estate."It was very difficult," Branca recalled. "There were a lot of family members there, his sisters and most of the brothers and his mother, Katherine.Former Surgical Patients Permitted To Re-Depose Infection Investigator
A Lehigh County judge has ruled that a Philadelphia attorney representing two former heart surgery patients - who had sued a Bethlehem hospital after developing sternal infections - should be allowed to depose a nurse about the investigation he conducted into the possible cause of those infections.AutoNation negotiating $1.5 billion credit deal
Fort Lauderdale-based AutoNation, the largest auto dealership chain in the United States, said Thursday it is in talks with lenders over a proposed $1.5 billion credit agreement.Trending Stories
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