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May 02, 2007 | National Law Journal

Calif. Court's Opinion Reveals Old Financial Hits Taken by Weil Gotshal

Weil, Gotshal & Manges got some good news in a long-running lease fight last week, when a San Francisco court affirmed an award the firm had won in a dispute with its landlord, for breach of contract. But the opinion also upheld a finding of no fraud on the landlord's behalf. In addition, the unpublished ruling offered up some juicy details about how the lease, and the real estate climate, affected the firm's finances.
3 minute read
May 14, 2012 | New York Law Journal

CBS Prevails Over Claims by Shareholders

The Second Circuit rejected claims by a proposed class that company executives violated securities laws by ignoring red flags that CBS needed a stress test to assess its financial state as the economic crisis gained steam in 2008.
3 minute read
May 16, 2005 | National Law Journal

Deciding to Testify

Michael Jackson and his defense team are about to make one of the toughest decisions that a defense must make in a criminal trial: Should the defendant take the witness stand to testify?
9 minute read
April 01, 2006 | Law.com

Be Careful Out There

Recently acquitted of fraud, a GC offers advice.
7 minute read
June 02, 2008 | National Law Journal

Fake online profiles trigger suits

Phony profiles on social networking sites like MySpace and Facebook are triggering lawsuits by school officials and public figures who claim that their reputations are being damaged online. The litigation has sparked an intense debate over the First Amendment, with some attorneys claiming that online bashing through fake profiles is protected free speech, particularly when it's a parody, satire or criticism. Others argue that online imposters are ruining lives, stealing identities and engaging in defamation.
4 minute read
Law Journal Press | Digital Book New York Family Law 2014 Authors: New York Journal View this Book

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November 10, 2003 | National Law Journal

U.S. told to defend secret court actions

A Bush administration defense of secret judicial proceedings in a post-Sept. 11 challenge may encounter a more skeptical U.S. Supreme Court two years after the terrorist attacks.
6 minute read
August 31, 2009 | Daily Report Online

Lawyers, firms stake claims in Masry & Vititoe bankruptcy

At least four lawyers and law firms are among the top creditors of Masry Vititoe, the personal injury law firm of Erin Brockovich fame that filed for Chapter 11 bankruptcy protection on Aug. 14. The firm, based in Westlake Village, Calif., said in bankruptcy court papers that it has spent $3 million defending lawsuits filed by the family and estate of former name partner Edward Masry, who died in 2005.
4 minute read
January 28, 2008 | National Law Journal

Ruling on holding company value

Valuation is often a major issue in estate and gift tax returns, and the appropriateness of valuations has long been litigated. The 11th Circuit, in Estate of Jelke, recently reversed the U.S. Tax Court by ruling that the value of a holding company is reduced by the entire built-in capital gains tax liability for federal estate tax purposes. The 11th Circuit joins the 5th Circuit in this holding. Previously, the 2d and 6th circuits had held that some discount is appropriate, but not a full reduction.
14 minute read
February 27, 2012 | New York Law Journal

Judge Questions Firm's Monitoring of Investments

Although Southern District Judge Jed Rakoff ultimately approved Robbins Geller as lead counsel to a city pension fund in Pontiac, Mich., he criticized the firm, which monitored the fund's investments and recommended the securities class action suit against Lockheed Martin Corporation.
4 minute read
March 08, 2004 | National Law Journal

Should securities suit classes be subdivided?

Since the enactment of the Private Securities Litigation Reform Act of 1995, issues have arisen regarding its lead plaintiff provision that have complicated what Congress intended to be a streamlined and efficient system. One issue that has been the focus of several recent decisions is the idea that, prior to ruling on class certification, the court should divide the class into subclasses and appoint different lead plaintiffs and lead counsel for each subclass.
10 minute read

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