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December 06, 2006 | National Law Journal

Where Will the Troubles End for Sonsini and HP?

Wilson Sonsini Chairman Larry Sonsini, who has plotted his career and his law firm's path to dominance with the precision and focus of a master, found himself this year in a place he never expected to be: testifying before Congress on his role as outside counsel to Hewlett-Packard, caught up in a boardroom spying scandal. Sonsini and his firm have faced criticism before -- over alleged conflicts and investments in client stock -- but now they face a crisis that might not blow over.
26 minute read
May 01, 2005 | The American Lawyer

Extreme Takeover

44 minute read
February 06, 2004 | Law.com

Last Men Standing

A multimillion-dollar Nevada win against Dow Corning may not seem so different from other battles in the 20-year war between the trial bar and breast implant makers. But now the case is at the center of a dispute pitting Dow Corning's defense and superstar plaintiffs lawyers against two Reno attorneys. At stake is $2.35 billion Dow Corning and its insurers agreed to pay into a fund to compensate thousands of women claiming injuries.
22 minute read
It's Official: Countrywide and KPMG Agree to Record-Setting, $624 Million Subprime Securities Class Action Settlement
Publication Date: 2010-05-10
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It's been a couple of weeks since we first reported on accounts of the biggest-ever settlement of a subprime-related securities class action, between the defendant Countrywide and New York pension fund lead plaintiffs. Now the parties have confirmed the deal--and it turns out KPMG is aboard as well.

September 08, 2010 | New York Law Journal

News In Brief

7 minute read
July 07, 2006 | Law.com

Reversal of $145 Billion Punitives Verdict for Fla. Smokers Upheld

In a big victory for the tobacco industry, the Florida Supreme Court on Thursday unanimously upheld the reversal of a $145 billion punitive damages verdict awarded to 700,000 ailing Florida smokers. The court also upheld the state's 3rd District Court of Appeal's decertification of the class. But anti-tobacco lawyers say the ruling creates favorable conditions for individual members of the class to go forward with suits against cigarette makers.
9 minute read
July 11, 2003 | Law.com

D.C. Firm Arent Fox Takes a Long Look in the Mirror

Arent Fox Kintner Plotkin & Kahn, a longtime fixture of Washington, D.C.'s legal scene, is looking for answers. The firm 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
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
January 06, 2006 | Law.com

The Mass Tort Bonanza That Wasn't

PPA, an ingredient in cold medicine alleged to cause strokes, looked like a mass tort bonanza for plaintiffs lawyers. But it wasn't. Though there are still a few plaintiffs firms with significant PPA caseloads, many others are closing down their PPA dockets, settling the cases for what they can and dismissing the rest. Why the PPA mass tort bust? Defendant drug companies dug in, defying conventional wisdom about the dangerous corporate implications of litigation uncertainty.
21 minute read
March 23, 2011 | Corporate Counsel

Labor Pains

There is a perfect storm of workplace litigation swirling around general counsel. Employees are suing like never before. Worrying that employment litigation will devour the lion's share of corporate legal resources, companies are pinning their hopes on the high court.
14 minute read

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