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Daily Decision Service Alert: Vol. 22, No. 109 — June 6, 2013
Daily decision alert.Lawyers Get $60 Million in Fees for Holocaust Settlement
Fifty-one lawyers were awarded $59.9 million Thursday for their work in securing a $5 billion fund for the families of Holocaust victims from the German government and businesses in an international negotiation that was concluded last summer. The top three awards went to lawyers who were responsible for negotiating a settlement for persons whom the Nazis had impressed into slave or forced labor.How DLA managed its steroids team
In April 2007, Charles Scheeler got a call from Matthew Parrella. Scheeler is a partner in DLA Piper's Baltimore office. He had spent the previous year working with DLA chairman and former Senate majority leader George Mitchell on his investigation into performance-enhancing drugs in Major League Baseball. Parrella is a prosecutor in the Northern District of California and one of the leaders of the government's own steroid investigation.McKee Nelson: The Richest Guys in Town
After almost a decade of exponential growth, Washington, D.C.-based McKee Nelson is a high-end tax and capital markets outfit targeted at Wall Street. While its competition works to get bigger, the 210-lawyer McKee Nelson has been able to do what most D.C. firms have not: build a New York outpost that is the equal of, if not superior to, the home office. "We're going to be the best at what we do, and we're not going to allow practices to cannibalize each other," says managing partner William Nelson.A whopping 38 days into his tenure as SEC enforcement chief, Robert Khuzami went to Capitol Hill to testify before a Senate subcommittee. In wide-ranging comments, he noted the agency's stepped-up activity but warned that resources are stretched.
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The SEC's record on high-profile insider trading cases, which has been spotty over the last few months, got dinged up this week by a Manhattan federal judge.
DHL to Get $100 Million Tax Refund
The Internal Revenue Service will have to recheck its math because of a federal court ruling that package delivery company DHL Corp. is entitled to a refund of most of a $114 million tax payment. The 9th U.S. Circuit Court of Appeals' ruling in DHL Corp. v. Commissioner of Internal Revenue hinges on regulations that affect the value of foreign trademark rights to the "DHL" name.ATSI Communications Inc., plaintiff v. The Shaar Fund Ltd., defendants
Free WIth Registration: Approval of Settlement Conditioned on Vacatur, Purge Of Sanction Rulings Denied; 'U.S. Bancorp' NotedTrending Stories
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