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An accounting maneuver Lehman pulled to keep the credit ratings agencies happy was improper, according to examiner Anton Valukas of Jenner & Block. And the officers who failed to inform the board about it may have breached their fiduciary duty.
Pursuing the Green River Killer
The Green River Killer investigation took 21 years, and King County, Wash., spent more than $12 million prosecuting Gary Leon Ridgway, now in prison for the murders of 48 women. Managing the sheer volume of paperwork was a challenge throughout the case. More than 700,000 documents, including decaying scraps of paper, hotel receipts and investigators' notebooks, were collected and eventually scanned. See how the electronic data discovery effort evolved -- and continues today.Insurers as 'Necessary' Additional Respondents
In their Insurance Law column, Norman H. Dachs and Jonathan A. Dachs, partners at Shayne, Dachs, Corker, Sauer & Dachs, ask: Does an uninsured motorist or supplementary uninsured motorist insurer actually have standing and/or authority to name the alleged tortfeasor's purported insurer as a party to the proceeding, in order to obtain a determination regarding the status of that other insurer's policy, and, if not, does it matter?Tort Reform Advances in Mississippi
Mississippi plaintiffs' lawyers, battered by a two-year fight with medical and business lobbyists, are seeking ways to undermine new laws that limit civil litigants' access and recoveries in the state that has been dubbed a "tort hellhole." Meanwhile, the tort reform juggernaut is rumbling into other states as well.Sullivan, Skadden Emerge as Top U.S. Firms in European M&A
Sullivan & Cromwell and Skadden, Arps, Slate, Meagher & Flom have emerged as the top U.S. law firms in European M&A over the last three years, according to research produced for Legal Week that shows the pair have worked on the highest value of deals over the period. Sullivan ranked first in the value tables for U.K. and Europe, advising on 173 European deals worth a total value of $1.2 trillion since November 2004 and 60 deals worth a total of $357.5 billion in the U.K.A class of California consumers and insurers wants the state appellate court to consider the antitrust implications of the same Cipro pay-to-delay deals that troubled a Second Circuit panel last month.
Asia Deal Digest: July 18, 2013
* Chinese search giant Baidu turns to Davis Polk for its largest acquisition ever* MoFo and Fenwick & West lead on a $1.8 billion mobile chip deal in China* A New Zealand health care company turns to Chapman Tripp for an $860 million Aussie acquisitionCosby Case Conviction Scuttled
Citing faulty jury instructions, a federal appeals panel late yesterday upset Autumn Jackson's 1997 extortion conviction. Jackson was seeking $40 million from Bill Cosby to keep quiet about her claim that she is the popular entertainer's illegitimate daughter. The ruling from the 2nd U.S. Circuit Court of Appeals ordered a new trial for Jackson and two co-defendants, after finding the trial judge mistakenly failed to tell jurors that an "extortion" conviction requires proof of "wrongful" demands.Trending Stories
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