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July 14, 2009 | New York Law Journal

'In Re Parmalat' Holdings: Global Exposure for Accounting Firms?

John F. Cambria, a partner at Alston & Bird, and Amber C. Wessels, a senior associate at the firm, write: Two recent Southern District of New York summary judgment decisions in the In re Parmalat Securities Litigation are of potential concern to large global accounting firms that may have found comfort in the Supreme Court's Stone�ridge decision last year. Where a foreign affiliate's conduct creates potential liability, courts have rarely allowed claims to extend to the organization's global umbrella entity or its U.S. operating entity. The new Parmalat decisions, however, allowed securities claims to proceed to trial against both Deloitte & Touche's and Grant Thornton's international and U.S. entities under �20(a) of the Securities Exchange Act of 1934.
14 minute read
July 09, 2010 | New Jersey Law Journal

CLE Listings

New Jersey continuing legal education listings.
4 minute read
June 12, 2003 | Law.com

New Firm Faces Tech Challenges

When five Pillsbury Winthrop lawyers decided to form their own firm, they had just 30 days to get their new office up and running. At Pillsbury, they had been part of an 850-lawyer firm that used leading-edge technology, all handled by large IT teams. Suddenly, all the things they didn't know about computer hardware and software loomed very large. How did they get their office functioning in only a month?
7 minute read
October 16, 2009 | New Jersey Law Journal

After Hours

Extracurricular activities.
2 minute read
May 18, 2012 | Corporate Counsel

Kicking the Third Rail of Shareholder Litigation

No one expects executives to suffer any personal financial consequences when they're sued by shareholders. Except, perhaps, Manhattan U.S. district judge Lewis Kaplan. The judge has expressed concerns about a $90 million no-consequences settlement with former Lehman officers that will be paid entirely out of D&O insurance, and wants to know more about the defendants' wealth.
5 minute read
March 15, 2012 | Corporate Counsel

Round Rock Faces Third Suit in Patent Backlash; Matt Powers Takes on Amazon

The backlash against Round Rock Research's arsenal of patents appears to be gaining steam.
3 minute read
February 26, 2007 | Law.com

On the Move

A weekly report of lawyer moves and law firm changes. Keep abreast of where movers and shakers are going and what they're doing. No Subscription Required
4 minute read
November 08, 2005 | New York Law Journal

Newsbriefs

4 minute read
March 14, 2011 | Daily Business Review

Dwyane Wade wins custody fight for sons

Ending a long and often-vengeful fight, a Chicago court has awarded Wade sole "care, custody and control" of his two sons. The boys arrived in Miami on Friday, shortly after the ruling was filed, and Wade told The Associated Press that "a huge weight is off my back."
12 minute read
May 20, 2013 | New Jersey Law Journal

Top Court Defends Consumer Rights, Economic Freedom

The law generally eschews monopolies because they are harmful to consumers. By controlling the supply of covered goods, monopolists artificially inflate prices above the competitive equilibrium point.
4 minute read

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