Bermuda courts’ reluctance to interfere with directors’ business decisions, coupled with the indemnity provisions generally included in the bylaws of Bermuda companies, allow directors to feel secure when considering and authorizing business combinations, provided they make such decisions on a well-informed, unbiased basis while acting in good faith, say attorneys with Appleby Global Group Services Ltd. Law360: acquitted
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Lawyers Who Landed On Santa’s Naughty List In 2015
Santa’s going to have to request an extension of page limits for his naughty list this year, on account of all the attorneys behaving badly. Here are five who have been accused or convicted of conduct unbecoming of officers of the court, plus a few more tales from the dark side of the bar. Law360: acquitted
Read More »Kaye Scholer Follows Crisis Blueprint After Lawyer’s Arrest
Crisis management experts say Kaye Scholer LLP has given a textbook response to the arrest of one of its partners on criminal fraud charges, seeking to distance itself from the accusations and limit damage to its reputation as the scandal unfolds before a national audience. Law360: acquitted
Read More »Former Bank CEO Acquitted In Mortgage Fraud Plot
Law360, Chicago (January 19, 2016, 8:21 PM ET) — A Chicago jury on Tuesday acquitted a former bank CEO on all counts following a weeklong bank fraud trial, rejecting prosecutors’ claim that he orchestrated a mortgage fraud scheme to help a business associate get cash to pay him thousands of dollars in late rent.
Read More »In Case You Missed It: Hottest Firms And Stories On Law360
For those who missed out, here’s a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week. Law360: acquitted
Read More »3 Firms That Helped Shape BigLaw In 2015
From setting industry standards to serving up warning lessons, a handful of law firms played significant roles in helping shape the larger legal landscape of 2015. Here, Law360 takes a look at three firms that changed the market this year. Law360: acquitted
Read More »New York Cases To Watch In 2016
The Manhattan District Attorney’s continued prosecution of former executives of Dewey & LeBoeuf LLP, the New York Attorney General’s Martin Act investigation of ExxonMobil Corp. and a Supreme Court case that could deal a devastating blow to public-sector unions are among the biggest cases Empire State court watchers will be eyeing in 2016. Law360: acquitted
Read More »Dewey Trial Star Witness In Settlement Talks With SEC
The U.S. Securities and Exchange Commission is in settlement talks with former Dewey & LeBoeuf LLP Finance Director Frank Canellas, who pled guilty to fraud and served as the star witness in a trial of three former executives at the collapsed firm, the agency told a New York federal judge on Friday. Law360: acquitted
Read More »Dewey Execs Renew Bids To Ax Case Ahead Of 2nd Trial
The remaining top executives of Dewey & LeBoeuf LLP still facing charges over a purported scheme to defraud the BigLaw firm’s lenders and investors before it collapsed on Friday launched renewed bids to end the case, taking aim at cooperators’ testimony and saying the government has failed to prove any intent to commit a crime Law360: acquitted
Read More »Ex-Traffic Judge Violated Ethics Rules, Pa. Court Finds
Pennsylvania’s Court of Judicial Discipline on Thursday found that a former Philadelphia Traffic Court judge who dodged federal ticket fixing charges violated state judicial ethics rules and the state constitution by providing “special consideration” for friends, family and politically connected individuals. Law360: acquitted
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