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July 18, 2013 | The Legal Intelligencer

Philadelphia Assn. of Paralegals Calendar of Events

Today, the public relations/marketing committee meeting is at 12:30 p.m., via conference call. Contact committee co-chairs Monica Londo or Theresa Coger for dial-in information and to share your ideas for marketing The Philadelphia Association of Paralegals.
2 minute read
July 17, 2013 | Daily Business Review

Raymond Ray Approves $54 Million Settlement Between TD Bank, Rothstein Investors

The U.S. bankruptcy judge approves $54 million settlement between TD Bank and Scott Rothstein investors, clearing the way for distributing $80 million to investors.
2 minute read
July 17, 2013 | National Law Journal

Judge OKs S&P Fraud Suit, Nixing 'Puffery' Defense

A federal judge in California allowed the government's potentially groundbreaking case to move forward, rejecting arguments by Cahill Gordon & Reindel and Keker & Van Nest that the DOJ can't hang its complaint against S&P on corporate statements about the integrity of the company's rating process.
10 minute read
July 17, 2013 | The American Lawyer

Faculty Group Demands Wachtell's Lipton Quit NYU Post

A group of New York University professors angry over president John Sexton's stewardship of the school is calling on one of Sexton's chief defenders, Wachtell, Lipton, Rosen & Katz founding partner Martin Lipton, to resign from his position as chair of NYU's board of trustees.
29 minute read
July 17, 2013 | The American Lawyer

Skadden, Manatt Snag Roles on Major NYC Hospital Merger

The Mount Sinai Medical Center has turned to Skadden, Arps, Slate, Meagher & Flom for counsel on its proposed merger with Continuum Health Partners, which is being advised by Manatt, Phelps & Phillips. The deal would create one of the nation's largest nonprofit hospital chains. Tax filings by Mount Sinai and Continuum reveal how much Skadden and other Am Law 100 firms have been paid over the past few years.
41 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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July 17, 2013 | Delaware Business Court Insider

Are Appraisal Cases Coming Back?

Recently, several stock appraisal cases have turned out well for those stockholders persistent enough to see their claims through a trial. Does this mean that more stockholders will demand that the Delaware Court of Chancery ask that court to determine the value of their shares when they are cashed out in the merger? While it is too early to tell, there are several good reasons to believe that more appraisal cases will be filed.
5 minute read
July 17, 2013 | Delaware Business Court Insider

Once-Denied Motion for Partial Final Judgment Granted

Delaware Court of Chancery Vice Chancellor Sam Glasscock III has granted a motion for partial final judgment filed by the debt holders of an insolvent pharmaceutical company, despite denying a similar motion last year. Glasscock opted to grant the motion after fellow Vice Chancellor J. Travis Laster, upon remand from the Delaware Supreme Court, reinstated eight of 10 claims he had dismissed with prejudice last year in a case with similar facts. The decision will enable the Supreme Court to simultaneously hear appeals from plaintiffs in both cases on the issue of no-action clauses in indenture agreements.
5 minute read
July 17, 2013 | Inside Counsel

Survey reveals murky ethical compass on Wall Street

Labaton Sucharows second annual financial services survey, dramatically titled Wall Street in Crisis: A Perfect Storm Looming, was a confidential poll of financial professionals on issues such as regulators, ethics and workplace wrongdoing.
2 minute read
July 17, 2013 | Inside Counsel

Cameron Findlay appointed Archer Daniels Midland GC

Archer Daniels Midland Co. has a new general counsel.
8 minute read
July 17, 2013 | Inside Counsel

NBCUniversal names new GC, Kimberley Harris

NBCUniversal announced yesterday that it is naming Kimberley D. Harris executive vice president and general counsel. Harris will assume the role on Sept. 3.
7 minute read

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