Law Firms

Now that the number-two official at the Justice Department has resigned, the question many in Washington are asking is: Will soon-to-be-former Deputy Attorney General Paul McNulty be DOJ’s fall guy — or its worst nightmare? As is so often the case when someone gets the ax in Washington, the official explanation for McNulty’s departure was […]

Tyco International whose top two officers were imprisoned for fraud, has agreed to pay almost $3 billion to settle class-action suits brought by investors, the company announced today. The settlement, described as the largest payment ever by a company in such a suit, seeks to help put to rest one of the nation’s most notorious

The World Bank board meets today to consider the fate of President Paul Wolfowitz, and the truth is that the verdict may already be in. The board will consider the report of an investigating committee dominated by the same European nations that have been orchestrating the media campaign to depose him. As almost daily newspaper

The No. 2 official at the Justice Department, Deputy Attorney General Paul McNulty, has submitted his resignation to Attorney General Alberto Gonzales, the Justice Department announced Monday. McNulty cited personal reasons for his resignation. “The financial realities of college-age children and two decades of public service lead me to a long overdue transition in my

A Web user and his information are like a grizzly and her cub. Come between them, and you’re likely to get mauled. That’s what a group of heavyweight tech and entertainment companies learned last week when they tried to keep the lid on the code that could help break the electronic locks on HD-DVDs. On

Conrad Black’s fraud trial enters some of its most crucial days this week as defence lawyers attempt to convince jurors that star prosecution witness David Radler was the only one responsible for diverting millions of dollars away from the company’s shareholders. “There has to be a knock-out punch with Radler very quickly on Monday,” said

U.S. congressional investigators this week asked BP Plc to explain why it plans to delete a key finding from a consultant’s report that detailed “budget pressure” as a contributor to the biggest oil spill on the Alaska North Slope last year. BP wants to remove a finding in a March 2007 report by consultants Booz

A billionaire trader who is one of the world’s most prolific gamblers has won a £60m High Court battle with the Iranian military over a missing aeroplane, Times Online has learnt. Fouad al-Zayat – known in casinos across the world as the “Fat Man” – was accused by the Iranians of taking payment for a