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In its biggest suit yet, the National Credit Union Administration claims Bear Stearns sold $3.6 billion in shoddy mortgage-backed securities to four failed credit unions. But just like the cases that the Federal Housing Finance Agency brought against a slew of banks, the NCUA suits are in limbo as federal appeals courts weigh whether the agencies waited too long to sue.
Clinton's Legal Eagles Eyeing Exits and Offers
Some of the most sought-after lawyers in Washington, D.C., won't be bringing rosters of loyal clients with them to their new firms. Instead, with the Clinton administration entering the home stretch, the legal talent that has law firm managers and headhunters salivating is found in the government.Asia Deal Digest: October 20, 2011
Debevoise digs in for a Japanese company's Chilean copper mining investment; Allen & Gledhill leads on two Singapore fund deals; and Clayton Utz and Freehills channel their expertise for a loan to an Aussie media giant.IP Catch of the Day: Ropes & Gray to Land Fish & Neave?
Boston's Ropes & Gray has courted IP boutique Fish & Neave for years, a period over which numerous IP shops have closed. Since 2003, 12 partners have left the 160-lawyer Fish to join expanding practices at five other firms; 20 associates have left, too. Firm spokesperson James Haggerty has confirmed that "extremely preliminary merger talks" are again taking place. It seems that this time, Ropes might land the catch.Decision Over Steel Tariffs Looms Near
The International Trade Commission last week finished eight days of hearings on whether to erect trade barriers to protect domestic steel. Held at the request of President Bush, the hearings are something of an anomaly for the ostensibly free-trade administration. But in the wake of the Sept. 11 attacks, the political dynamics of steel protectionism have undergone a fundamental shift.NYLJ 100: Largest Private Law Offices in New York State
From Akin Gump to Kramer Levin
Letters A through K in the firm-by-firm summary of the responses to The American Lawyer's 2003 Associate Survey.Trending Stories
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