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December 01, 2009 | Law.com

AIG-Greenberg Battle Ends With $150 Million Legal Tab

American International Group's litigation against former CEO Hank Greenberg has been very, very good to Boies, Schiller & Flexner (the Greenberg team) and Paul, Weiss, Rifkind, Wharton & Garrison (the AIG team). How good? As part of the settlement that the parties reached last week, AIG agreed to pay up to $150 million to cover certain legal fees and expenses incurred by Greenberg and former AIG CFO Howard Smith. And that $150 million doesn't include the amount that AIG spent in this litigation.
2 minute read
November 08, 2006 | Daily Report Online

SOX ruling a break for executives

PUBLIC COMPANY executives who are squeamish about Sarbanes-Oxley Act rules requiring them to personally certify complex financial documents can breathe a little easier, thanks to a recent federal appeals court decision. The 11th U.S. Circuit Court of Appeals ruled on Oct. 12 that plaintiffs have to show that the executives acted with intent to deceive or were severely reckless.
3 minute read
March 09, 2004 | Law.com

Judicial Profiles: Robert Dondero

Driven and thorough, San Francisco Superior Court Judge Robert Dondero expects no less from the lawyers who appear before him. "You better be prepared, because he's on top of everything,� says plaintiffs lawyer David Baum. Lawyers on both sides of the bar emphasize Dondero's fairness, sharp mind, and ability to get his arms around the law in criminal and civil cases -- describing him as an intellectual, known for looking beyond the arguments he's given.
5 minute read
February 24, 2003 | New Jersey Law Journal

Continuing Legal Education

5 minute read
May 24, 2000 | Law.com

Brain Drain

Every year at "second tier" law schools around the country, in a competitive quest for marketability, students in the top portion of each class contemplate transferring. The exodus is only possible because elite law schools are willing to lure away the cream of their competitors' crop of first-year students. Law.com columnist Chris Clayton decries the resulting brain drain.
5 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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May 15, 2006 | Corporate Counsel

SEC's New Role: Grammar Police

Plain English is in and legalese is out at the SEC, where Chairman Christopher Cox has been emphasizing that disclosure documents must be understandable to the average investor, as outlined in a Feb. 8 proposed rule. Serious consequences await corporations whose filings don't meet the readability test. A SEC spokesperson says such documents will draw a comment letter from agency staff and won't be approved until reviewers' concerns are satisfied. The SEC Web site now includes a "Plain English Handbook."
6 minute read
May 23, 2000 | Law.com

Judge Devises New System For Valuing Professional Licenses

Concerned about trying to place a value on a medical license at the outset of a doctor's career, an acting New York State Supreme Court justice fashioned a new approach to value professional licenses in divorce cases. Justice Marylin G. Diamond wrote, the "courts must resort to an award based on reality," which means a calculation in each of the next 15 years based on a sliding percentage of the doctor's income.
4 minute read
October 28, 2009 | National Law Journal

PTO announces ombudsman pilot program

The U.S. Patent and Trademark Office is giving the intellectual property bar another valentine with a new "Patents Ombudsman Pilot Program" that offers patent applicants and attorneys a channel for inquiring about stalled patents.
2 minute read
August 18, 2011 | The Legal Intelligencer

Ciavarella Tells Court He's Broke

Former Luzerne County Judge Mark A. Ciavarella has filed an application asking the court to declare him indigent.
1 minute read
January 12, 2004 | Law.com

This Week's Winners and Losers

The title says it all.
2 minute read

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