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August 15, 2008 | Daily Report Online

It's too soon to toast end of credit crisis

With U.S. stocks and the dollar on the upswing and commodities heading south, hope springs eternal that the worst of the credit crisis may be behind us. What started out as scattered problems with sketchy subprime loans somehow managed to infect the broader housing market, batter the biggest financial institutions, bring Bear Stearns Cos.
5 minute read
November 18, 2005 | Law.com

In-House Lawyers Top Out

In Corporate Counsel's latest Quality of Life survey, nearly three-quarters of the respondents describe overall opportunities for advancement in their departments as either "limited" or nonexistent. But even those who feel stuck don't seem quite ready to bust out, preferring their current work/life balance to that which a law firm might afford. Although the trade-off isn't perfect, many lawyers insist that going in-house is a decision they made with open eyes -- and would make again.
10 minute read
February 23, 2011 | Daily Business Review

Attorneys assist Ryder System in $100 million acquisition

McDermott Will & Emery attorneys represented Miami-based Ryder System in its $100 million acquisition of California-based The Scully Cos., a privately-owned regional lease, contract maintenance and commercial rental transportation company.
3 minute read
October 28, 2011 | Daily Business Review

SEC begins second investigation into Avon

With the U.S. Securities and Exchange Commission probing Avon Products Inc.'s dealings with analysts, Andrea Jung may be facing the toughest challenge of her 12-year tenure as chief executive officer.
3 minute read
May 04, 2011 | Daily Business Review

U.S. may pursue more lenders after suing Deutsche Bank on loans

The U.S. Department of Justice may pursue claims against other lenders after suing Deutsche Bank AG for more than $1 billion, alleging the firm lied while arranging federal insurance on faulty mortgages.
5 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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January 08, 2008 | Daily Report Online

Wall Street turns to SPACs as next great product to peddle

Special-purpose acquisition vehicles, companies with no product, earnings or sales that make takeovers, are Wall Street's growing source of fees now that the market for subprime-mortgage securities has dried up. The trouble is that investors who have spent $18 billion since 2003 on U.S. initial public offerings by such shell companies would have been better off holding a mutual fund that tracks the Standard Poor's 500 Index.
8 minute read
October 28, 2002 | The Legal Intelligencer

Workers' Comp Carrier May Tap Into Employee's UM/UIM Recovery

An employer's workers' compensation carrier is entitled to subrogate against uninsured or underinsured motor vehicle funds paid to an employee injured on the job, the Commonwealth Court has ruled.
3 minute read
March 11, 2011 | Daily Business Review

Lehman doomed by lending to itself in financial alchemy eluding Dodd-Frank

By the time Lehman Brothers Holdings became the biggest bankruptcy in U.S. history, plunging the economy into the worst financial crisis since the 1930s, the firm had made $3 billion in loans to itself in transactions that even today would elude the Dodd-Frank law designed to prevent such financial alchemy.
11 minute read
April 07, 1999 | Law.com

Scathing Opinion in Smoking Case Sets Precedent

A San Francisco Superior Court judge issued an extraordinary and virtually unprecedented indictment of the tobacco industry Tuesday, even as he halved a recent punitive damage award to a smoker. Denying defendant Philip Morris Cos. Inc.'s request for a new trial, Judge John Munter decided $25 million is a large enough award to deter Philip Morris from similar conduct in the future. A jury hit the company with a combined $51.5 million award in February.
7 minute read
November 09, 2009 | Daily Report Online

Software cos. eye key patent case in Supreme Court

6 minute read

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