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November 05, 2008 | Daily Report Online

Feds should bust execs like it's Enron all over again

Attorney General Michael Mukasey says that however serious the mortgage-fraud crisis, it essentially amounts to a series of "white-collar street crimes.''So, no, he wouldn't be setting up a special federal task force to coordinate criminal prosecutions related to the crisis, he told reporters in June."It is a problem that arises in particular markets,'' Mukasey said.
5 minute read
January 18, 2002 | New York Law Journal

Law and the Family

C ivil Practice Law and Rules 2103 governs stipulations made between the parties to an action or proceeding, It provides that ". an agreement between parties or their attorneys relating to any matter in an action, other than one made between counsel in open court, is not binding upon a party unless it is in a writing subscribed by him or his attorney or reduced to the form of an order and entered."
11 minute read
March 15, 2012 | Daily Business Review

Brazil to remain economic force

A panel of economists and other experts discussed business conditions in Brazil and the future growth of South Florida's largest trading partner.
5 minute read
August 03, 2007 | Daily Report Online

Nation's housing slump has a broad ripple effect

RAILROADS, CHEMICAL PRODUCERS and insurance companies are blaming the worst U.S. housing slump in 16 years for their earnings woes. Burlington Northern Santa Fe Corp., the second-biggest U.S. railroad, said lower shipments of housing products and lumber reduced second-quarter earnings. DuPont Co., the third-largest chemical maker, said slumping demand for kitchen and bathroom countertops was partly responsible for its profit drop.
10 minute read
March 21, 2007 | Corporate Counsel

They Can't Take It With Them

The public markets can punish the stock prices of companies that restate their past financial results. The stock price decline tends to morph into devastation when a financial restatement arises from executive fraud or misconduct. Shareholder groups and boards of directors have been embracing a deterrent policy that could be called a "restatement clawback," because it enables companies to claw back cash bonuses and stock awards from executives whose fraud or misconduct leads to a financial restatement.
10 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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February 20, 2008 | Daily Report Online

In The Trenches: Page Perry lures litigators with subprime mortgage work

Securities litigators David J. Worley and James M. Evangelista have found a new firm, Page Perry, attracted in part by a shared interest in pursuing plaintiffs litigation for investors who've suffered subprime mortgage-related losses.Page Perry is the second firm for the pair since February 2006, when they left Atlanta plaintiffs firm Chitwood Harley Harnes with two other partners, Lauren S.
5 minute read
June 07, 2013 | Daily Business Review

New Wave Of Condo Developers Tout A Stronger Foundation

A flock of construction cranes is about to return to South Florida, particularly Miami-Dade County, as developers race to start residential projects before the competition.
8 minute read
November 17, 2008 | National Law Journal

Eyeing executive compensation

At the heart of the financial crisis that has paralyzed global financial markets is a mystery: How could the masters of the world's most sophisticated banks and financial institutions stake the lives of their businesses on collateralized debt obligations and mortgage-backed securities that have proved to be so toxic? The answer may lie in the murky world of executive compensation, and efforts to prevent similar catastrophes in the future could depend on unlocking its secrets.
10 minute read
August 30, 1999 | Law.com

Employer May Feel the Pain of Employee's Defamation

The Pennsylvania Supreme Court is poised to decide just how far the exclusivity provision of the Workers' Compensation Act can reach. The debate addresses whether employees can sue their bosses for defamation and malicious abuse of process. The case at hand deals with an employee who allegedly threatened to kill her co-workers and supervisors. Under the decision, the petition says, "an employer must choose between protecting [its] employees or facing an avalanche of lawsuits brought by former employees."
6 minute read
September 25, 2006 | National Law Journal

VERDICTS & SETTLEMENTS

4 minute read

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