Law Firms

Will Shale Gas Revolutionize the Worldwide Energy Market?

shale gas - will it revolutionize the energy market

Baker & McKenzie have published a guide to shale gas. USD3 trillion are needed each year to replace or expand energy and infrastructure assets (according to OECD). Traditional public funding is insufficient and current economic conditions will exacerbate the challenges of funding this global investment need. These large energy, mining and infrastructure investments are frequently […]

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Anti-Depressant Class Action Lawsuit Launched

antidepressant lawsuit

Proposed class action lawsuits are being prepared against Forest Pharmaceuticals Inc. and Forest Laboratories Inc. in respect of the antidepressants Celexa and Lexapro which the suit claims were unlawfully marketed to treat adolescent depression. The lawsuit, filed in Massachusetts,  indicates that the two drugs were no more effective than a sugar pill in treating the

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Skadden Act on Groundbreaking Litigation for MacAndrews & Forbes

skadden arps lawfuel

In a landmark decision issued on March 14, the Delaware Supreme Court affirmed the Delaware Court of Chancery’s entry of summary judgment for MacAndrews & Forbes Holdings, Inc., holding for the first time that the deferential business judgment standard of review applied to a merger between a controlling stockholder and its subsidiary. The decision provides

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Freshfields Selects Candidates for Scholarship Programme

International law firm Freshfields Bruckhaus Deringer has selected six outstanding candidates to join the inaugural year of the Freshfields Stephen Lawrence Scholarship programme. It will initially run for three years, with the search for the class of 2014 scholars now underway. The aim is to address the under-representation of black men from low-income households in

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Swindling Mortgage Modification Owner Jailed For Nine Years, Taking Advantage of Distressed Homeowners

LawFuel.com – Preet Bharara, the United States Attorney for the Southern District of New York, announced that ISAAK KHAFIZOV, a former owner of American Home Recovery (“AHR”), a mortgage loan modification business, was sentenced yesterday in Manhattan federal court to nine years in prison in connection with a scheme to defraud distressed homeowners and lenders.

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Toyota Settlement – “Car Maker on Probation”, Says US Attorney

US Attorney Preet Bharara’s public comments regarding the case of United States v. Toyota Motor Corporation and the largest-ever financial penalty imposed in the auto industry – a record-breaking $1.2 billion that goes far beyond the “paltry” penalties previously imposed. The announcement: Good morning and thank you, Attorney General Holder and Secretary Foxx. Today, one

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