Law Admin

Trevor Kennedy’s relationship with disgraced stockbroker Rene Rivkin has cast his name in infamy. Rivkin’s assertion in an interview with a Swiss district attorney that Kennedy held part of a mystery parcel of shares in the controversial Offset Alpine has jeopardised everything. In the public imagination, Kennedy is inextricably linked to Rivkin’s calamitous and bizarre

Mr. Rosenbaum is a lawyer and a professor at Fordham Law School, but his aim here is to burn down his own house. He proposes a sort of talking cure for the legal system. There is, he says, too much emphasis on money in civil cases and on punishment in criminal ones. The system should

By Robert Joffe Presiding Partner, Cravath Fifteen years ago a walk on the west side of New York City would have been considered wild. And that statement might be polite. Today, the west side of Manhattan is one of the most vibrant neighbourhood’s in one the World’s most exciting city. The latest showcase: The new

Simpson Thacher & Bartlett and Wilson Sonsini Goodrich & Rosati have emerged as the main lawyers on the long-awaited flotation of US search engine Google. Wilson Sonsini’s chairman and chief executive Larry Sonsini and corporate partner David Segre are acting for established client Google on the $2.7bn IPO. While Palo Alto-based corporate partner William Hinman

The results of Legal Week’s 2003 US financial rankings show that the top 50 firms by revenue averaged growth in fees of 10.3% — pushing annual revenues for ranked firms to $28.84bn while average profits per partner were up 10.2%. The results, which look certain to comprehensively outpace those of their European counterparts, confirm that

One Essex Court head Lord Grabiner QC is set to earn £3 million while his arch rival, Essex Court Chambers Gordon Pollock QC, is tied up in the ongoing BCCI trial. Pollock, who is devoted to representing BCCI’s liquidators against the Bank of England until at least 2005, has commanded a £3m brief fee, putting

The Martha Stewart verdict signals a stunning fall from grace for one of the most successful women in American business. Not only was she the founder of a New York Stock Exchange company, she was its public face and chief spokeswoman, with a celebrity burnished on magazine covers, in books and on television shows, all

The management of Weil Gotshal’s global litigation practice is being decentralised following 100 per cent departmental growth in the past five years. The department has grown sufficiently large for James Quinn, Weil Gotshal’s chairman of global litigation, to restructure it and devolve greater power to practice group heads. To put this into effect, the department

The company’s founding family also conspired with employees to mislead investors, banks and bondholders about the true state of Adelphia’s financial condition, and Rigas and his two sons were issued $1.5 billion in company stock that they never paid for, said Richard D. Owens, chief of the Securities Fraud Division of the U.S Department of

The charges against Ebbers were laid after Scott Sullivan, his former chief financial officer, agreed to plead guilty to similar charges and co-operate with federal investigators probing the collapse of the US telecommunications giant two years ago. Mr Ebbers, who resigned from WorldCom shortly before the company filed for bankruptcy protection from its creditors amid