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June 30, 2009 | National Law Journal

The anatomy of an acquittal in the W.R. Grace asbestos trial

A federal jury acquitted chemical products company W.R. Grace and three of its former executives on May 8 of charges that they knowingly distributed asbestos at a former vermiculite mine in Libby, Mont. More than 200 local people have died there, and several more were sickened, from the contamination. Mayer Brown's David Krakoff, who represented one of the executives, discussed how the case turned in W.R. Grace's favor.
8 minute read
January 19, 2009 | National Law Journal

Like many, Mayer Brown weathers the storm

Mayer Brown has lost at least 15 partners in recent months, as the firm prepares to report a double-digit percentage drop in 2008 profits. Some partners say 2008 profits are anticipated to be down by 25%, but chairman Jim Holzhauer said that he expected the slide to be only half that figure. "Being down 12% in this economy is something that isn't that hard to take," he said.
4 minute read
April 30, 2010 | Law.com

Justice Department Opens Criminal Probe of Goldman

Stepping up the pressure on Goldman Sachs just days after its executives were grilled and publicly rebuked by lawmakers, the Justice Department has opened a criminal investigation of the Wall Street powerhouse over mortgage securities deals it arranged. The investigation by the U.S. Attorney's Office in Manhattan stems from a criminal referral by the Securities and Exchange Commission, said a knowledgeable person who spoke on condition of anonymity because the inquiry is in a preliminary phase.
7 minute read
March 21, 2012 | Daily Business Review

Feds, local grand jury to probe Fla. teen's death

Federal and local prosecutors are launching parallel investigations into the fatal shooting of an unarmed black teen by a neighborhood watch captain as outrage over the case grows.
4 minute read
September 22, 2004 | Law.com

Supreme Tipping Point

The Supreme Court is making its customary cameo as a presidential campaign issue. But this time a rarely heard question is being asked: Does the election's outcome really matter so much for the Court? Advocates on both sides say it does -- but, given the current Court's seeming moderation, the prospect of confirmation gridlock and the near-mythical power of stare decisis and high court tradition, others are wondering whether new justices could, or would, greatly alter the Court's direction.
11 minute read
Law Journal Press | Digital Book White Collar Crime: Business and Regulatory Offenses Authors: Otto G. Obermaier, Robert G. Morvillo (deceased), Robert J. Anello, Barry A. Bohrer View this Book

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September 28, 2009 | Texas Lawyer

Royce West

4 minute read
March 09, 2007 | National Law Journal

Drinker Biddle raises revenue by 10 percent

After what Drinker Biddle & Reath leaders called a "substantial growth year," the firm reported for 2006 a 10.3 percent increase in gross revenue, which rose to $246 million.
6 minute read
April 19, 2010 | Daily Report Online

Civil litigators are settling in for the long haul

Anyone who hoped that commercial litigation might help law firms weather the recession was surely disappointed last year.That's judging by the recoveries Daily Report affiliate VerdictSearch counted among its Top 100 Verdicts of 2009. Commercial verdicts, including breach-of-contract recoveries, fell from $1.4 billion in 2008 to $421 million last year.
7 minute read
April 13, 2009 | National Law Journal

Many GCs still fighting backdating charges

After two years during which eight general counsel ran afoul of federal regulators for alleged improper stock-options backdating, four are still fighting charges, three have settled or pleaded guilty and just one was acquitted. SEC enforcers view this as a successful effort against corporate improprieties, while the defense side says it shows the difficulty of linking corporate lawyers to accounting-related misconduct.
4 minute read
March 29, 2005 | Law.com

Supreme Court Finds Medellin Case a Muddle

The Supreme Court seemed torn Monday over how -- and even whether -- to decide a key death penalty case that questions an international court's ability to order domestic courts to hear new death row appeals. Because of fast-breaking developments, several justices appeared ready to delay a decision or even to dismiss the case while conflicting forces at the state, federal and international level sort out what happens next. "What is the practical thing to do?" Justice Stephen Breyer asked plaintively.
5 minute read

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