Law Firms

Iraq’s prime minister said on Saturday he hoped Saddam Hussein gets “what he deserves” when judgement is delivered in his trial for crimes against humanity on Sunday, and called for calm amid fears of a violent backlash. If convicted, Saddam could be sentenced to hang. The army was on alert with all leave cancelled and […]

Coudert Brothers may be dead, but its problems only seem to be getting worse. The firm, which closed up shop in August 2005, is awash in debt, has declared bankruptcy, and was recently hit by by a pair of judgments totaling $2.8 million. Though the firm has paid off $23 million it owed to bank

The Enron scandal led former CEO Jeff Skilling to a lengthy prison sentence. But it also led to lucrative moves to law firms, promotions or academic careers for several of the federal prosecutors who dogged him and other corporate crooks. Two of the three prosecutors who headlined the trial of Skilling and former Enron Chairman

A few weeks after a judge ordered Richard Grasso to hand over an unspecified chunk of the pay he received as the head of the New York Stock Exchange, New York Attorney General Eliot Spitzer has come up with some actual figures. Mr. Spitzer, who is suing to recover much of the $187.5 million awarded

The Swiss holders of the America’s Cup have launched legal action against an unidentified New Zealander in an attempt to regain a discarded piece of the prestigious yachting trophy. The Societe Nautique de Geneve (SNG) said on Friday at 0300GMT deadline for the individual to surrender a piece of the world’s oldest sporting trophy had

US District Judge I. Leo Glasser imposed the term and an $8 million fine yesterday in Brooklyn and ordered Kumar, 44, to report to a federal prison by Feb. 27. Kumar pleaded guilty in April to charges including conspiracy, fraud, and obstruction of justice. “His cupidity calls for a meaningful sentence,” the judge said. Glasser

A Bank of America official testified Thursday at the stock-market rigging trial of former Parmalat executives that his team trusted the dairy company’s financial reports and had no reason to suspect false information. Prosecutor Francesco Greco questioned Gregory Johnson, the former head of international private placement, about Bank of America’s activities selling Parmalat securities in

Universal Tube & Rollform Equipment Corp, a small Ohio-based manufacturer that employs just 17 people, claims its website became a victim of YouTube’s success after being engulfed by 68 million hits in August. It says the cost of maintaining its own website – utube.com – exploded from $19 a month to more than $3,000 a