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Confronting the New Shareholder Strike Suit
As reported by Cornerstone Research, Advisen and others, the frequency and volume of shareholder derivative and class action lawsuits challenging mergers and acquisitions of U.S. public companies have skyrocketed in recent years.An Infamous Date Important For Attorneys
The brutal, sadistic era of Nazi rule in Germany, though relatively brief historically -- 12 years in all, from 1933 to 1945 -- left in its wake a number of dates that continue to live in infamy.Applications to Appoint Temporary Receivers
Todd E. Soloway, a partner at Pryor Cashman, and Luisa K. Hagemeier, of counsel to the firm, write: The distrust occasioned by a mortgagor's default understandably moves a foreclosing secured lender to seek the appointment of a temporary receiver. However, many lenders mistakenly believe that an application for the appointment of a receiver in a foreclosure context is a fait accompli. In reality, the mere fact that a default exists will not alone be sufficient to obtain the appointment of a temporary receiver.What Can Lawyers Take Away From Shakespeare's 'Othello'?
Shakespeare's "Othello" ends badly, with several bodies on stage. The tragic scene offers a cautionary tale for attorneys. Here's the combustible stew that brought about the carnage: Iago is a Venetian soldier. Othello is his high-ranking commander, who promotes the handsome and smooth-talking Cassio, an administrative-type, as his second-in-command, instead of Iago. An angered Iago vows vengeance.Supreme Court Homestretch Packed
The justices have a lot of work to do this month, with a third of its cases still undecided.Daily Decision Alert: Vol. 11, No. 59 -- March 27, 2003
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