Law Firms

Some colleagues of indicted lawyer Marc Dreier, accused of stealing $380 million from hedge funds in investors, believe his alleged crimes may have been driven by a need to support an extravagant lifestyle and the aggressive expansion of his law firm.

Marcdreier

Some colleagues of indicted lawyer Marc Dreier, accused of stealing $380 million from hedge funds in investors, believe his alleged crimes may have been driven by a need to support an extravagant lifestyle and the aggressive expansion of his law firm. The Wall Street Journal (sub. req.) spoke to the colleagues and chronicled the excesses […]

Some colleagues of indicted lawyer Marc Dreier, accused of stealing $380 million from hedge funds in investors, believe his alleged crimes may have been driven by a need to support an extravagant lifestyle and the aggressive expansion of his law firm. Read More »

King & Spalding no longer is in the running to acquire the substantial portion of Thacher Proffitt & Wood that it had pursued in recent weeks, according to a lawyer familiar with the negotiations.

King & Spalding no longer is in the running to acquire the substantial portion of Thacher Proffitt & Wood that it had pursued in recent weeks, according to a lawyer familiar with the negotiations. Altanta-based King & Spalding has been reported to be in talks for weeks to acquire some or all of beleaguered Thacher,

King & Spalding no longer is in the running to acquire the substantial portion of Thacher Proffitt & Wood that it had pursued in recent weeks, according to a lawyer familiar with the negotiations. Read More »

Apart from a $50 Billion Ponzi scam, Bernie Madoff did a few other things – perhaps Madoff’s biggest achievement to date is that he’s spawned an entire law firm practice area unto himself.

Bernie Madoff is a man of superlative accomplishments, albeit negative ones. He bilked thousands of hedge fund investors in a gargantuan and unprecedented $50 billion Ponzi scheme. He repeatedly evaded review by the SEC, as detailed in this Wall Street Journal article. So persuasive were Madoff’s techniques, that he managed to make all but one

Apart from a $50 Billion Ponzi scam, Bernie Madoff did a few other things – perhaps Madoff’s biggest achievement to date is that he’s spawned an entire law firm practice area unto himself. Read More »

The law firm Dreier LLP, after its founder was jailed and accused of cheating hedge funds out of more than $100 million, filed for bankruptcy protection.

Dreier

The law firm Dreier LLP, after its founder was jailed and accused of cheating hedge funds out of more than $100 million, filed for bankruptcy protection. Marc Dreier is being held on federal criminal charges and may also seek court protection from creditors, said Mark Pomerantz, a receiver for the law firm chief. The Midtown

The law firm Dreier LLP, after its founder was jailed and accused of cheating hedge funds out of more than $100 million, filed for bankruptcy protection. Read More »

Latham & Watkins said Tuesday it will freeze associate salaries in response to “challenging economic times,” a move that could signal the rest of the industry to follow suit, observers said.

Lawyer

Latham & Watkins said Tuesday it will freeze associate salaries in response to “challenging economic times,” a move that could signal the rest of the industry to follow suit, observers said. “Everybody’s been waiting for some kind of signal from the market leader,” said consultant Peter Zeughauser, founder of The Zeughauser Group. “This will be

Latham & Watkins said Tuesday it will freeze associate salaries in response to “challenging economic times,” a move that could signal the rest of the industry to follow suit, observers said. Read More »

Information Trickling in About Anaheim, California Fatal Train Crash

http://www.lawfuel.com/show-release.asp?ID=20255 Posted on Wednesday, December 17, 2008 According to reports by train accident lawyers in Orange County, some of the details of the Anaheim fatal train collision have been released. The vehicle was struck at approximately 5:50 p.m. in the vicinity of the tracks that run in the Orangetorpe Avenue, at Lakeview Avenue area according

Information Trickling in About Anaheim, California Fatal Train Crash Read More »

Nearly 60 years after his death, Ponzi still has plenty to answer for. But if the allegations against Madoff are true, he has tarred what little was left of Ponzi’s semi-good name.

Charles Ponzi wouldn’t have thought much of Bernard Madoff. Legendary Wall Street trader Madoff reportedly admitted last week that his success was an illusion, a fraud in which investors were paid not with the fruits of his own acumen, but with money from other investors. Prosecutors quoted Madoff as telling an associate that his $50

Nearly 60 years after his death, Ponzi still has plenty to answer for. But if the allegations against Madoff are true, he has tarred what little was left of Ponzi’s semi-good name. Read More »

Interstate 210 California Becomes Helo Pad After Motorcycle Crash

http://www.lawfuel.com/show-release.asp?ID=20210 December 13, 2008 (by Otto Smyth) According to statements by California Highway Patrol Officer Anthony Martin and corroborated by motorcycle injury lawyers in Los Angeles, traffic on the 210 Freeway was closed after an accident involving a motorcycle and a van in the westbound lanes. Officer Martin stated the 210 Freeway was closed one

Interstate 210 California Becomes Helo Pad After Motorcycle Crash Read More »

US Treasury officials were locked in talks with representatives of General Motors, Chrysler and Ford after warnings that a failure to provide the firms with emergency financing would put other suppliers out of business and imperil up to 3.5m jobs.

Crysler

US Treasury officials were locked in talks with representatives of General Motors, Chrysler and Ford after warnings that a failure to provide the firms with emergency financing would put other suppliers out of business and imperil up to 3.5m jobs. The White House stepped in on Friday, pledging to use money from the Troubled Assets

US Treasury officials were locked in talks with representatives of General Motors, Chrysler and Ford after warnings that a failure to provide the firms with emergency financing would put other suppliers out of business and imperil up to 3.5m jobs. Read More »

Legal experts said the case, involving perhaps the biggest-ever Wall Street fraud, could widen as federal prosecutors and securities regulators comb through the books of Madoff’s money management firm and investigate his trading activities.

Wallstreet

Legal experts said the Madoff case, involving perhaps the biggest-ever Wall Street fraud, could widen as federal prosecutors and securities regulators comb through the books of Madoff’s money management firm and investigate his trading activities. Investors are sure to file civil lawsuits or other legal remedies to try to recover money they placed in Madoff’s

Legal experts said the case, involving perhaps the biggest-ever Wall Street fraud, could widen as federal prosecutors and securities regulators comb through the books of Madoff’s money management firm and investigate his trading activities. Read More »

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