New York divorce lawyer Raoul Felder has sued his investment firm, saying it lured him to invest in a risky hedge fund that lost $200,000 of his money.
State and federal prosecutors in New York are investigating whether traders manipulated the market for credit default swaps, a kind of securitized insurance that protects against defaults on corporate bonds.
New York’s highest court has turned down arguments that lawyer Davis Boies was improperly allowed to testify about an internal investigation of Tyco in the trial of two of its…
Bending to criticism from New York Attorney General Andrew Cuomo, the American International Group will allow Cuomo’s office to review its spending, including its payments to executives who have since…
In an effort that could serve as a blueprint to others seeking to hold executives of failed corporations financially responsible, the attorney general of New York has sent a letter…
Hogan & Hartson is opening two new offices in Northern California with eight veterans from the dissolving Heller Ehrman law firm, including Heller’s former litigation practice…
Despite expectations of more litigation work because of the global financial crisis, the work hasn’t yet materialized. So one of the world’s biggest law firms has laid off 20 U.S.…
A New York appeals court has overturned the conviction of a personal injury law firm and one of its name partners for conspiring to defraud insurance companies.
Citigroup has given up its bid for Wachovia, but it hasn’t abandoned a state court lawsuit over what it contends is a violation of an exclusivity agreement it had with…
Amidst what one consultant describes as a horrible year for major corporate law firms, one practice area is red-hot: advising struggling financial institutions, for those considered expert in the practice…
New York police officers who fired 50 shots at an unarmed African-American man leaving his bachelor party in 2006 weren’t convicted of any crime, although the…
Several more New York lawyers have settled with the state attorney general in an ongoing probe of attorneys in private practice who for years have simultaneously earned benefits and government…
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