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October 22, 2010 | New York Law Journal

Third-Party Liability Ruled Out in N.Y. Suits for Corporate Misdeeds

New York law does not permit lawsuits against third parties, such as accountants and attorneys, whose negligence or even out-and-out collusion has encouraged corporate malfeasance that has harmed employees, shareholders or creditors, a divided state Court of Appeals ruled yesterday.
7 minute read
June 04, 2013 | New York Law Journal

Overcriminalization of Non-Violent Conduct: Time for Real Reform

In their White-Collar Crime column, Robert J. Anello and Richard F. Albert, partners at Morvillo, Abramowitz, Grand, Iason & Anello, write: As a new bipartisan taskforce of the House Judiciary Committee convenes to consider the issue of overcriminalization - the term typically used in reference to the expansion of federal criminal law - cries for reform are rising in volume as political groups on the left and right recognize a common interest in examining the problem and looking for solutions.
12 minute read
December 22, 2005 | Law.com

Spansion Deal Brings Year-End Closure

Latham & Watkins partner Tad Freese spent a year working on a $1 billion deal for an Advanced Micro Devices subsidiary. Tokyo Opens Arms to FranceMoFo delicately navigated a $106.8 million purchase of Canopus Co. stock for client Thomson SA.
4 minute read
December 01, 2005 | Law.com

SunPower Benefits From Governor's Glow

Lawyers involved with the solar-cell maker's $138M IPO enjoy watching how Schwarzenegger's kind words boosted the company's stock value. PalmSource Auction Keeps MoFo UpTokyo, California, Hong Kong � lawyers were kept on their toes into the wee hours during a "vigorous" auction for the PDA maker.
4 minute read
February 10, 2003 | Law.com

Growing Boies

When David Boies left Cravath, Swaine & Moore in 1997 to start his own law firm, he had a simple idea: practice a sophisticated brand of law in a small, bureaucracy-free setting. But it hasn't worked that way. Boies, Schiller & Flexner now has 174 lawyers, 11 offices, more than $100 million in annual revenue, and a star-studded client list. The firm has grown awfully far, awfully fast -- and cracks have started showing in its foundation.
20 minute read
October 20, 2009 | Law.com

New Enforcement Chief Aims to Restore Confidence in SEC

As the top cop at the Securities and Exchange Commission, Robert Khuzami has spent his first six months as the director of the Division of Enforcement tackling a cleanup of major proportions. He's undertaken what many call the most sweeping changes of the division in 30 years. Under intense scrutiny from Congress and the SEC's own inspector general, the agency has come to a watershed moment. But change isn't easy, with staff reporting insecurity and doubt as they struggle to find their place in the new regime.
14 minute read
April 24, 2013 | Law.com

Amid Scandals, Deutsche Bank Tries a 'Do-Over'

Deutsche Bank General Counsel Richard Walker, a former director of enforcement at the Securities and Exchange Commission, is trying to help the bank reinvent itself as he deals with a multitude of regulators, investigators, and litigators.
12 minute read
July 10, 2003 | The Legal Intelligencer

Arent Fox Looks in the Mirror as Its Status Changes

Arent Fox Kintner Plotkin Kahn is looking for answers. A longtime fixture of Washington's legal scene, Arent Fox today is beleaguered by flat revenue and a stream of partner exits. Now the firm has begun an extensive effort to regain its footing.
16 minute read
March 06, 2006 | Daily Report Online

Can Morrison & Foerster's chairman make the firm a player in the Big Apple

By Brenda Sandburg, The American LawyerIt's two days after he moved to Manhattan, and Morrison Foerster chairman Keith Wetmore is chatting about his to-do list: "The first and easiest thing is to get tickets to 'Sweeney Todd,' my favorite musical." A little tale about a murderous barber might be an appropriate way for Wetmore to start his tenure in New York.
15 minute read
November 12, 2003 | Law.com

The Power of One

David Adler cannot begin to tally the hours he spent scavenging through documents before he found the clue that shook the DOJ's case and led to the vacation of a conviction of his client Edwin Wilson last month. A jury convicted Wilson in '83 after the DOJ alleged he had shipped explosives to Libya -- an action that Wilson said he undertook to curry favor with Libya while gathering intelligence for the CIA.
19 minute read

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