Law Firms

Steven Thomas won a half-billion-dollar verdict. Then he quit Sullivan & Cromwell. His new three-lawyer firm, Thomas, Alexander & Forrester, based in a beach house in Venice, California, specializes in representing businesses as plaintiffs in commercial litigation. “My [former] partners still think I’m out of my mind.” Thomas says. So why did he do it?

On August 13, 2007, Sullivan & Cromwell partner Steven Thomas and four members of his trial team passed up the five-star culinary options of Miami’s South Beach for dinner at a Denny’s in Coral Gables. It was an odd place for a gathering of high-powered lawyers. But Thomas, who was raised in Carl Junction, a […]

Steven Thomas won a half-billion-dollar verdict. Then he quit Sullivan & Cromwell. His new three-lawyer firm, Thomas, Alexander & Forrester, based in a beach house in Venice, California, specializes in representing businesses as plaintiffs in commercial litigation. “My [former] partners still think I’m out of my mind.” Thomas says. So why did he do it? Read More »

With hundreds of billions of dollars in potentially troubled loans flowing through the financial system and foreclosures hitting recent highs, will the Bush administration’s latest plans make any difference?

As the Bush administration announced a fresh plan to aid homeowners overburdened by their mortgages, initial figures suggest much-touted earlier efforts have done little to help most troubled borrowers. An earlier plan, brokered in December by the Treasury Department, called for the mortgage industry to freeze interest rates or expedite refinancing for potentially hundreds of

With hundreds of billions of dollars in potentially troubled loans flowing through the financial system and foreclosures hitting recent highs, will the Bush administration’s latest plans make any difference? Read More »

The “overwhelming” body of legal advice received by the Government in the lead-up to the invasion of Iraq in 2003 was that it would be unlawful without a proper mandate by the United Nations, nine law lords were told yesterday.

The “overwhelming” body of legal advice received by the Government in the lead-up to the invasion of Iraq in 2003 was that it would be unlawful without a proper mandate by the United Nations, nine law lords were told yesterday. Lawyers at the Foreign and Commonwealth Office had made it clear that a second resolution

The “overwhelming” body of legal advice received by the Government in the lead-up to the invasion of Iraq in 2003 was that it would be unlawful without a proper mandate by the United Nations, nine law lords were told yesterday. Read More »

Military prosecutors have decided to seek the death penalty for six Guantánamo detainees who are to be charged with central roles in the Sept. 11 terror attacks, government officials who have been briefed on the charges said Sunday.

Military prosecutors have decided to seek the death penalty for six Guantánamo detainees who are to be charged with central roles in the Sept. 11 terror attacks, government officials who have been briefed on the charges said Sunday. The officials said the charges would be announced at the Pentagon as soon as Monday and were

Military prosecutors have decided to seek the death penalty for six Guantánamo detainees who are to be charged with central roles in the Sept. 11 terror attacks, government officials who have been briefed on the charges said Sunday. Read More »

A second trader suspected of involvement in the multi-billion-euro losses at Societe Generale was released Saturday after appearing before French judges probing the affair.

A second trader suspected of involvement in the multi-billion-euro losses at Societe Generale was released Saturday after appearing before French judges probing the affair. The man — who worked for a Societe Generale subsidiary, Fimat, and who has not been named — was made an assisted witness, a French legal term halfway between a witness

A second trader suspected of involvement in the multi-billion-euro losses at Societe Generale was released Saturday after appearing before French judges probing the affair. Read More »

Three unrepentant lawyers who changed careers and now create popular culture’s view of the profession – they write for TV’s “Law & Order,” “Boston Legal” and “Shark” – talked freely on Friday afternoon about how and why they often portray lawyers as unethical and disgusting, as well as mangling various litigation rules and procedures in their scripts.

Three unrepentant lawyers who changed careers and now create popular culture’s view of the profession – they write for TV’s “Law & Order,” “Boston Legal” and “Shark” – talked freely on Friday afternoon about how and why they often portray lawyers as unethical and disgusting, as well as mangling various litigation rules and procedures in

Three unrepentant lawyers who changed careers and now create popular culture’s view of the profession – they write for TV’s “Law & Order,” “Boston Legal” and “Shark” – talked freely on Friday afternoon about how and why they often portray lawyers as unethical and disgusting, as well as mangling various litigation rules and procedures in their scripts. Read More »

Scotland Yard’s report into the murder of Pakistan’s former prime minister Benazir Bhutto is likely to fuel, rather than settle, the controversies surrounding the issue.

Scotland Yard’s report into the murder of Pakistan’s former prime minister Benazir Bhutto is likely to fuel, rather than settle, the controversies surrounding the issue. British investigators said on Friday they believed Ms Bhutto was killed by the bomb blast and not a bullet. They also said there was possibly only one assassin and not

Scotland Yard’s report into the murder of Pakistan’s former prime minister Benazir Bhutto is likely to fuel, rather than settle, the controversies surrounding the issue. Read More »

The oil giant Exxon Mobil has won court orders freezing as much as $12 billion in petroleum assets controlled by Venezuela’s government in an escalation of a dispute over efforts by President Hugo Chávez to assert greater control over the country’s oil industry.

The oil giant Exxon Mobil has won court orders freezing as much as $12 billion in petroleum assets controlled by Venezuela’s government in an escalation of a dispute over efforts by President Hugo Chávez to assert greater control over the country’s oil industry. Venezuela’s dollar-denominated bonds suffered their steepest drop in six months on Thursday

The oil giant Exxon Mobil has won court orders freezing as much as $12 billion in petroleum assets controlled by Venezuela’s government in an escalation of a dispute over efforts by President Hugo Chávez to assert greater control over the country’s oil industry. Read More »

US Justice Department attorneys apparently have known since early 2006 that the CIA destroyed videotaped interrogations of a key terror suspect, federal court documents unsealed Wednesday showed.

Justice Department attorneys apparently have known since early 2006 that the CIA destroyed videotaped interrogations of a key terror suspect, federal court documents unsealed Wednesday showed. The disclosure that at least two prosecutors in the U.S. attorney’s office in Alexandria, Va., were apparently aware of the agency’s actions raises new questions about a matter now

US Justice Department attorneys apparently have known since early 2006 that the CIA destroyed videotaped interrogations of a key terror suspect, federal court documents unsealed Wednesday showed. Read More »

Two lawyers were disbarred today by Massachusett’s highest court, which ruled that the attorneys violated ethical rules when they tried to find evidence of bias against a former Superior Court judge who was then presiding over the bitter and costly family fight for control of the billion-dollar Demoulas supermarket company.

Two lawyers were disbarred today by Massachusett’s highest court, which ruled that the attorneys violated ethical rules when they tried to find evidence of bias against a former Superior Court judge who was then presiding over the bitter and costly family fight for control of the billion-dollar Demoulas supermarket company. In bluntly written rulings, Supreme

Two lawyers were disbarred today by Massachusett’s highest court, which ruled that the attorneys violated ethical rules when they tried to find evidence of bias against a former Superior Court judge who was then presiding over the bitter and costly family fight for control of the billion-dollar Demoulas supermarket company. Read More »

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