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March 26, 2003 | New York Law Journal

24 minute read
Credit Union Regulator Sues UBS for Alleged Misrepresentations of Mortgage-Backed Securities
Publication Date: 2012-09-07
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The National Credit Union Administration has sued a UBS unit for allegedly making misrepresentations in the sale of more than $1 billion in mortgage-backed securities to two credit unions that failed. The suit, filed on Thursday in Kansas federal district court, is the latest by the NCUA against financial institutions that sold mortgage-backed securities to now-defunct corporate credit unions.

March 23, 2001 | Law.com

Following the Money

In just the last two months, three Washington, D.C., firms have opened offices in Europe. The Continent continues to be a powerful magnet for D.C.-based law firms intent on following clients into global markets, as well as signing up new ones. Business in London, Berlin, and Moscow has been especially good over the past year.
10 minute read
May 24, 1999 | Law.com

Judge Rejects 'Worthless' Deal

A New York federal judge has rejected a shareholder class action settlement and request for $200,000 in plaintiffs' attorney fees, calling the deal virtually worthless to shareholders. The case stemmed from the 1998 purchase of London insurance broker Willis Corroon Group P.L.C. by an investor group led by Kohlberg Kravis Roberts & Co. (KKR).
3 minute read
June 23, 2008 | National Law Journal

SPACs: an emerging exit strategy

The struggling initial public offering market and the credit crunch have limited the exit strategies for portfolio companies. A new entrant emerging in this environment is the special purpose acquisition company (SPAC) — an entity whose assets consist entirely of cash and cash equivalents. A SPAC is a publicly traded blank check company, formed for the purpose of effecting a business combination with an unidentified operating business. The merger of a private operating company with a SPAC is a method for the private company to go public. Recent high-profile offerings and offerings underwritten by top-tier investment banks have brought legitimacy to and focus on the SPAC market.
12 minute read
September 16, 2011 | New York Law Journal

Personal Notes on Lawyers

1 minute read
April 11, 2003 | New York Law Journal

2 minute read
The $6 Billion Man: Irv Terrell Leads Asarco and Creditors to Gargantuan Judgment Against Grupo Mexico
Publication Date: 2009-04-03
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On Thursday a federal district court judge in Brownsville, Texas, ordered Grupo Mexico to transfer 260 million shares of a Peruvian mining company to Terrell's client. The take: a cool $6 billion. That's a lot of pesos!

July 27, 2011 | New York Law Journal

Elizabeth Leaving Washington for Harvard Law (at Least for Now)

2 minute read
June 25, 2004 | Daily Report Online

Enron Work Sparks Revenue, Partner Profits at Alston & Bird

Meredith [email protected] Bird's 2003 can be summed up in one word: Enron. The felled energy giant paid AB partner R. Neal Batson, the court-appointed examiner for the Enron bankruptcy, and his team of more than 100 lawyers and paralegals roughly $45 million last year.In all, Managing Partner Ben F.
3 minute read

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