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Before a packed audience, the U.S. Court of Appeals for the Second Circuit heard arguments Monday on whether the conservator for Freddie Mac and Fannie Mae waited too long to launch its megabillions litigation campaign against banks that marketed toxic residential mortgage-backed securities.
Wilson Sonsini Advises Salesforce.com in $2.5 Billion Deal
David Becker, the former SEC general counsel and current partner at Cleary Gottlieb Steen & Hamilton, has come under fire for not recusing himself from Madoff investor decisions when he was at the SEC. But there's a bigger problem highlighted by the SEC Inspector General's report.
2nd Circuit Abandons 2002 Ruling That Boosted Attachments
The 2nd U.S. Circuit Court of Appeals overruled a case Friday it said triggered a flood of maritime attachment orders and posed a threat to both the strength of the U.S. dollar and New York City's standing as an international financial center. Reversing course, the circuit said the incidental and momentary passage of electronic fund transfers through intermediary New York banks will no longer be sufficient to vest jurisdiction in maritime disputes.Ten Tips for Cutting a Successful Outsourcing Deal
Even with all the activity and experience managers have with outsourcing, 20 percent of 700 technology professionals surveyed reported that their outsourcing deals have not met their expectations. This shouldn't be the case. If your law firm or any of your clients are considering an outsourcing deal, following these 10 rules will offer greater potential for a successful outcome.Ropes & Gray on Blackstone-led China IT Acquisition
A consortium headed by U.S. private equity giant Blackstone Group is paying $625 million for Beijing-based Pactera Technology.Citrix leads in 'monster opportunity' of federal shift to Apple
Citrix Systems and Juniper Networks are among technology vendors that may benefit from a U.S. government search for ways to secure Apple's smartphones and tablet computers for federal employee use.Trending Stories
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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