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16 Jul 2009, 2:37 am
UPDATE: Andrew Longstreth's July 16, 2009 American Lawyer article about this settlement (here) includes a statement from counsel for one of the outside directrros that insurers did contribute toward the outside directors' settlement and the outside directors are pursuing payments from excess insurers. [read post]
17 Jun 2009, 6:25 am
(Click here for a nice recap of the opening statements earlier in the week from the American Lawyer’s Andrew Longstreth.) [read post]
26 May 2009, 4:27 am
Taken verbatim from the New York Law Journal by Andrew Longstreth "McDermott Will Settles Malpractice Claim McDermott, Will & Emery has settled a malpractice claim brought by the litigation trustee in the bankruptcy of Saint Vincent's Catholic Medical Centers of New York, according to court records. [read post]
19 May 2009, 3:09 am
Andrew Longstreth’s May 18, 2009 Law.com article regaring the WaMu decision can be found here. [read post]
8 May 2009, 8:48 am
Click here for a writeup from AmLaw’s Andrew Longstreth; here for Kevin Lacroix’s take at the D&O Diary; and here for more from Adam Savett’s Securities Litigation Watch blog; here for a story from the Chicago Trib. [read post]
7 May 2009, 8:16 pm
“ Andrew Longstreth of AmLaw Daily has a May 7, 2009 article about the Household verdict, here. [read post]
21 Apr 2009, 11:05 am
” Longstreth points out, however, that both Gibson Dunn’s Ted Olson and John Bellinger, who served under George W. [read post]
14 Apr 2009, 10:10 pm
No time for extended entry this evening, but here’s a link to a tidbit from Andrew Longstreth of the American Lawyer (via Law.com) discussing a possible trend in the federal courts ruling on motions to dismiss subprime-related securities class actions for failure by the plaintiffs to meet the scienter requirements under Tellabs [read post]
8 Apr 2009, 8:12 am
According to this nice overview by the American Lawyer’s Andrew Longstreth, if cameras are allowed in Gertner’s courtroom, it will represent the first time a federal court outside of New York has allowed cameras into a courtroom for adversarial proceedings against the wishes of the Judicial Conference — the principal policymaking body for the U.S. [read post]
8 Apr 2009, 6:10 am
Boston's ABC affiliate WCVB has a report headlined "B.U. [read post]
22 Dec 2008, 4:20 pm
By Andrew Longstreth from The Am Law Litigation Daily The ghost of Louis Zehil has come back to haunt McGuireWoods. [read post]
19 Dec 2008, 4:38 pm
By Andrew Longstreth in The Am Law Litigation Daily During closing arguments in the KPMG tax fraud trial, New York federal prosecutor John Hillebrecht made a stunning admission. [read post]
19 Dec 2008, 4:24 pm
Edited by Andrew Longstreth Edited by Andrew Longstreth LITIGATOR OF THE WEEK Richard Strassberg of Goodwin Procter During closing arguments in the KPMG tax fraud trial, New York federal prosecutor John Hillebrecht made a stunning admission. [read post]
17 Dec 2008, 2:00 pm
Edited by Andrew LongstrethEdited by Andrew Longstreth SECURITIES Potential Madoff Litigation Ropes in More Lawyers Inside The American Lawyer newsroom, there's a running bet about how many Am Law 200 firms will get a piece of the Bernie Madoff pie. [read post]
16 Dec 2008, 6:08 pm
We've also heard through our colleague Andrew Longstreth at The Am Law Litigation Daily that Boies, Schiller & Flexner's Stuart Singer was representing several clients with funds caught up in the Madoff meltdown. [read post]
16 Dec 2008, 2:00 pm
Edited by Andrew LongstrethEdited by Andrew Longstreth FCPA Siemens Settles Record-Setting FCPA Case The German engineering company Siemens made history yesterday, when it agreed to pay fines totaling $1.34 billion to regulators across the world to settle a bribery probe. [read post]
15 Dec 2008, 6:32 pm
The Am Law Litigation Daily's Andrew Longstreth has learned that Steptoe & Johnson litigation partner Michael Miller, a former prosecutor familiar with Ponzi-style schemes, is representing a New York-based investor group. [read post]
15 Dec 2008, 2:45 pm
A settlement will end the fight between Huntsman and private equity firm Apollo Management over the failed $6.5 billion acquisition of Huntsman by Apollo's Hexion Specialty Chemicals.By Andrew Longstreth from The Am Law Litigation Daily After Vice Chancellor Stephen Lamb found that Hexion Specialty Chemicals had willfully breached its merger agreement with Huntsman in September, the company--and potentially its owners at Apollo--were facing the prospect of billions of… [read post]
15 Dec 2008, 2:00 pm
Edited by Andrew LongstrethEdited by Andrew Longstreth CORPORATE / M&A Huntsman Terminates Merger Agreement, Settles with Apollo and Hexion for $425 Million After Vice Chancellor Stephen Lamb found that Hexion Specialty Chemicals had willfully breached its merger agreement with Huntsman in September, the company--and potentially its owners at Apollo--were facing the prospect of billions of dollars in damages. [read post]
12 Dec 2008, 2:00 pm
Edited by Andrew LongstrethEdited by Andrew Longstreth LITIGATOR OF THE WEEK Patrick Fitzgerald, U.S. [read post]
