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September 2009

September 30, 2009 6:46 PM

Cleary, Simpson Work BofA Mutual Fund Sell-Off

Ameriprise Financial, a mutual fund and financial adviser, is buying the mutual fund arm of Bank of America for $1 billion.

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09/30/09 Posted by Matt Straquadine

Major Privilege Ruling in Broadcom Case Goes to Prosecutors

The ruling combines two of the thorniest issues in the white-collar defense world: Attorney-client privilege and the mess than can be made when corporate employees forget a company lawyer doesn't necessarily represent their individual interests.

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09/30/09 Posted by Zach Lowe

Skadden, Paul Weiss, S&C--But Not Wachtell--On Hand for CIT's Last Gasp

The lender appears to be close to collapse as it negotiates a deal with bondholders that may help it avoid bankruptcy but would also wipe out shareholders--and the federal government's loan.

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09/30/09 Posted by Zach Lowe

Law Firm Leaders, Citigroup GC Discuss Fixed Fees

What happens when the chairmen of Skadden, Kirkland, Akin Gump, and Arent Fox gather to discuss fixed fees with a top GC? A frank discussion on the changing relationship between in-house legal departments and large law firms ensues.

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09/30/09 Posted by Brian Baxter

Manatt Phelps and Roman Polanski

With all the attention focused on Reid Weingarten and the effort to block Roman Polanski's extradition, it's useful to remember that Manatt, Phelps & Phillips has been representing the director in separate litigation for nearly a year.

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09/30/09 Posted by Zach Lowe

In-House at The American Lawyer

The duty of lawyers to be loyal to their clients is core to the practice and our system, writes editor in chief Aric Press. But there are other imperatives too: one, the need to behave honorably and not distort the law; two, the need to maintain a sense of outrage; and three, the need to say, "No."

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09/30/09 Posted by Ed Shanahan

Bryan Cave Exonerated in Ponzi Case

A New Jersey appeals court ruled that the firm cannot be sued by a victim of a Ponzi-type scheme in California. Bryan Cave had been accused of helping Reed Slatkin conceal a $200 million fraud during an SEC probe.

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09/30/09 Posted by Brian Baxter

Former "Star" Paul Hastings Associate Spared Prison in Insider Trading Case

It helps to have a clean prior record and show real remorse if you want a sentence well below the specified guideline range.

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09/30/09 Posted by Zach Lowe

Student Edition Fall 2009: Don't Look Back

The recession has helped usher in a new era. Better to embrace it than yearn for the good old days.

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09/30/09 Posted by Ed Shanahan

The Global 100 2009

The American Lawyer's annual ranking of the world's highest grossing law firms.

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09/30/09 Posted by Ed Shanahan

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