Moving fast in the midst of an extraordinarily troubled U.S. economy, federal regulators seized—and sold—the troubled Washington Mutual bank last night.
“Regulators simultaneously brokered an emergency sale of virtually all…
As fans of the Chicago Cubs eagerly await the playoffs and the team’s possible participation in baseball’s World Series, the situation is testing once-amicable sharing arrangements among groups of season-ticket…
Former CBS news anchor Dan Rather can proceed with a claim that his ex-employer breached its contract with him and damaged his reputation by firing him after a controversial 60…
A ruling in a partner poaching dispute between Nixon Peabody and French law firm Taylor Wessing highlights a significant problem with pacts not to hire each other’s lawyers during merger…
Since 2007, one California family reportedly bought and sold 43 properties with the help of at least 43 mortgages from Washington Mutual that added up to a total of nearly…
With a magic number of two at last report, the Chicago Cubs appear likely to lock up baseball’s National League Central division title. If they do, a contract dispute over…
Islamic law now has legal effect in the United Kingdom, under a 1996 arbitration statute that recognizes the rulings of a network of five Shariah courts.
The former CEO of Brocade Communications has racked up more than $53 million in legal fees defending backdating charges, and $7 million of them have not been paid by the…
A New York judge has sided with Nixon Peabody in a lawsuit brought by a European law firm over the planned defection of a dozen or so non-equity partners in…
Seventeen lawyers from Wachtell, Lipton, Rosen & Katz drafted the agreement governing the Treasury Department’s takeover of Fannie Mae and Freddie Mac, according to a lead partner on the legal…
A New Jersey appeals court has ruled a judge in Monmouth County must hold a hearing in a dispute between two former law firm partners, even if he thought the…
Updated: The civil justice system in the United States is so bogged down in a “morass” of e-discovery that it is often too expensive for litigants to take their cases…
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