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April 06, 2009 | New York Law Journal

Impact of the Auction Rate Securities Market Collapse

Andrew M. Genser, a partner at Kirkland & Ellis, writes: The collapse of the $330 billion Auction Rate Securities (ARS) market in February 2008 has been eclipsed in the media by a string of other dramatic collapses (and near collapses) on Wall Street, from Freddie Mac to the Madoff scandal. However, despite the fact that ARS may have receded from the headlines, billions of dollars of illiquid ARS are still at stake. Indeed, although regulators have reached large settlements with the major ARS dealers, many investors are not covered and even investors who are covered are searching for ways to claim additional damages. At the same time, regulators continue to investigate the sales practices of secondary ARS dealers. This article surveys the ARS regulatory and private litigation landscape one year after the market collapse.
13 minute read
November 12, 2004 | Law.com

Former Solicitor General Olson Predicts Tough Going for Next Justice

Despite Republican gains, President Bush's picks for potential Supreme Court vacancies will face a "political firestorm" in the Senate, the Bush administration's former chief lawyer at the high court said Thursday. Theodore Olson, who resigned in July as solicitor general, predicted Bush will get to name as many as three justices during his second term. "The presidential election was merely about the next four years. A Supreme Court justice is for life. It will not be pretty," he said.
3 minute read
August 17, 2009 | Daily Report Online

Jackson had long history with estate executor

LOS ANGELES AP - A week after Michael Jackson died, his longtime lawyer and friend, John Branca, arrived at a meeting with the singer's family. He carried the pop star's will, and with it, the news on who would benefit from the King of Pop's estate."It was very difficult," Branca recalled. "There were a lot of family members there, his sisters and most of the brothers and his mother, Katherine.
7 minute read
June 23, 2005 | The Legal Intelligencer

Former Surgical Patients Permitted To Re-Depose Infection Investigator

A Lehigh County judge has ruled that a Philadelphia attorney representing two former heart surgery patients - who had sued a Bethlehem hospital after developing sternal infections - should be allowed to depose a nurse about the investigation he conducted into the possible cause of those infections.
5 minute read
October 01, 2010 | Corporate Counsel

And What If? (Part Two)

...should Lehman have been allowed to fail?
3 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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November 18, 2011 | Daily Business Review

AutoNation negotiating $1.5 billion credit deal

Fort Lauderdale-based AutoNation, the largest auto dealership chain in the United States, said Thursday it is in talks with lenders over a proposed $1.5 billion credit agreement.
1 minute read
April 13, 2007 | New Jersey Law Journal

Who'd Want This Job, Anyway?

As officials in Washington spar over the recent firings of eight U.S. attorneys, legislators and selection committees are interviewing candidates to fill positions that could last only about one year - a condition that is limiting the field.
10 minute read
March 11, 2013 | Daily Business Review

Dick's Sporting Goods quarterly results miss expectations

Dick's Sporting Goods Inc. said its fourth-quarter net income rose 17 percent, helped by an extra week and strong online sales.
2 minute read
May 28, 2007 | National Law Journal

How Do I Hate Thee?

A New York no-divorce law produces another War of the Roses, marvels William Bedsworth.
10 minute read
October 05, 2011 | Legaltech News

Texas Judge Leaves His Patent 'Rocket Docket' to Practice Law

T. John Ward, Sr., the federal judge credited with turning Marshall, Texas into an unlikely hotspot for patent litigation, stepped down from the bench on Friday. But Ward isn't leaving the law. On Monday, he returned to private practice at Ward & Smith, the Longview, Texas-based law firm co-founded by his son, T. John ("Johnny") Ward, Jr.
4 minute read

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