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January 16, 2001 | Law.com

London

There's a battle brewing in London over junk. Yes, junk (or high-yield) bonds have come to Europe, and U.S. and U.K. firms are competing intensely to win the financing work. In one corner stand London's two top banking firms, Allen & Overy and Clifford Chance. Facing off are New York's Shearman & Sterling and Simpson Thacher & Bartlett, and Los Angeles-based Latham & Watkins.
5 minute read
November 03, 2010 | Daily Business Review

Fed to buy $600 billion in bonds to aid economy

The Federal Reserve announced a bold plan Wednesday to try to invigorate the economy by buying $600 billion more in Treasury bonds.
4 minute read
April 17, 2013 | New York Law Journal

Marketplace: Massive Hudson Yards Project Moves Forward

The 26-acre complex currently under construction on Manhattan's West Side has captured the attention of several high-profile companies. L'Oreal USA and SAP AG will join Coach Inc. at Hudson Yard's 1.7 million-square-foot South Tower. Also, the first of two 99-year ground leases with the Metropolitan Transportation Authority has been finalized.
7 minute read
September 23, 2010 | New York Law Journal

News In Brief

4 minute read
April 26, 2012 | The American Lawyer

Asia Deal Digest: April 26, 2012

* Yoon & Yang helps a Korean bank set up a hefty debt program* A Thai lender brings in Baker & McKenzie for its funding needs* Clifford Chance helps Singapore take a stake in China's banking sector
8 minute read
June 16, 2011 | Daily Report Online

U.S.: Bank of America hindered foreclosure review

Bank of America Corp., the largest U.S. lender, "significantly hindered" a federal review of its foreclosures on loans insured by the Federal Housing Administration, the U.S. said. The bank was slow in providing data and offered incomplete information, according to the U.S. Department of Housing and Urban Development inspector general's office, which conducted the review.
6 minute read
December 15, 2011 | Daily Report Online

Insurers won't have to cover SEC settlement

J.P. Morgan Securities Inc.'s insurers will not have to cover any of a $250 million settlement with the Securities and Exchange Commission over alleged deceptive market timing, a unanimous panel of the New York Supreme Court Appellate Division, First Department, ruled Tuesday.The opinion in J.P. Morgan Securities Inc.
4 minute read
April 13, 2010 | Daily Business Review

Fisher Island not immune to foreclosures

Although foreclosures on exclusive Fisher Island are showing signs of tapering off, the exclusive enclave has not been immune to the distress in the residential market.
7 minute read
April 02, 2002 | Law.com

Casualties of Casual Dress Code

"As many of you know, I was the original (and most vocal) proponent of the firm's business-casual policy ... I am beginning to think that I made a mistake." So began the attention-grabbing e-mail message from Constance A. Fratianni to Shearman & Sterling employees around the world. And Fratianni's not the only one: Many New York law firms seem to be having second thoughts about year-round casual attire.
7 minute read
December 22, 2011 | Daily Business Review

Unemployment applications lowest since April '08

The number of people applying for unemployment benefits dropped last week to its lowest level since April 2008, extending a downward trend that shows the job market strengthening.
4 minute read

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