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Will SAC Deal Undercut Defense in Steinberg, Martoma Cases?
Publication Date: 2013-11-04
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Now that SAC Capital Advisors has admitted to insider trading, attention shifts to the upcoming trials of SAC employees Michael Steinberg and Matthew Martoma. For their defense lawyers, the fallout from Monday's settlement may not be as toxic as you'd think.

November 04, 2013 | National Law Journal

Justices Eye Class Action Settlement Trend

Chief Justice John Roberts Jr. signaled on Monday that if the right case comes along, he wants to scrutinize the growing trend of "cy pres" settlements of class actions—settlements that go to charity or other beneficiaries when winning class members cannot be found or it is not worth the cost to compensate them.
4 minute read
November 04, 2013 | National Law Journal

Justices Let Oklahoma Abortion Ruling Stand

The U.S. Supreme Court on Monday sidestepped what could have been its first look at medication abortions by dismissing a confrontation over an Oklahoma law restricting the use of drugs to terminate pregnancies. But the justices are unlikely to avoid re-entering the abortion arena this term.
4 minute read
November 04, 2013 | The Recorder

Celebrity Attorney's Appeal Hinges on Juror's Dismissal

2 minute read
November 04, 2013 | National Law Journal

Abortion Ruling Fuels Debate

Late last week, the U.S. Court of Appeals for the Fifth Circuit reinstated provisions in the Texas law requiring abortion providers to have admitting privileges in nearby hospitals. An appeal to the lower court's ruling is pending. These two opinion pieces were written before the appeals court made its ruling.
2 minute read
Law Journal Press | Digital Book New Jersey Business Litigation 2025 Authors: Paul A. Rowe, Andrea J. Sullivan View this Book

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November 04, 2013 | The Legal Intelligencer

Judge Discovers Lawyer's Suspension, Declares Mistrial

A personal injury case ended in a mistrial eight days into trial when the judge discovered the plaintiff's attorney's license had been suspended for failing to pay his annual registration fee and submit the requisite paperwork.
2 minute read
November 04, 2013 | The American Lawyer

Am Law 100 Trio Help Brookfield Get Bigger

Brookfield Property Partners, an affiliate of commercial real estate giant Brookfield Asset Management, has agreed to pay $1.4 billion to increase its stake in mall owner General Growth Properties to 32 percent. Goodwin Procter, Willkie Farr & Gallagher and Canadian firm Torys are advising on the deal, while Weil, Gotshal & Manges is counseling the parent company on its closure of a $7 billion infrastructure fund.
6 minute read
November 04, 2013 | Law.com

Ahead of IPO, Twitter Gets Sued for Aftermarket Fraud

Two investment advisors, Continental Advisors SA and Precedo Capital Group, claim the social media giant set them up in the secondary market, costing them millions in lost fees and reputational damage.
2 minute read
November 04, 2013 | National Law Journal

On Deck: Veteran Advocates Return to Lectern to Argue

The Supreme Court began the second argument cycle of the new term today, and a pair of high-profile cases this week will bring veteran advocates to the lectern.
3 minute read
November 04, 2013 | Corporate Counsel

Host Hotels GC ID'd Boies Schiller Conflict Early On

Hell hath no fury like a general counsel scorned by her outside counsel. And Host Hotels & Resorts Inc. GC Elizabeth Abdoo made sure Boies, Schiller & Flexner felt the depth of that fury.
5 minute read

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