http://www.law360.com/ Latest articles for organization: Kasowitz Benson Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135354 A jury has convicted the ex-chairman of McKesson Corp. on several counts of securities fraud handed down in the wake of a $9 billion accounting scandal at the health care firm but has let the firm's former general counsel off the hook. http://www.law360.com/articles/135354 http://www.law360.com/articles/133746 A Delaware state court has tossed Third Avenue Management LLC's allegations that two subsidiaries of bond insurer MBIA Inc. defrauded debt holders in a corporate restructuring that split MBIA's public finance insurance business from its structured finance insurance business, ruling that the case should be decided in New York. http://www.law360.com/articles/133746 http://www.law360.com/articles/132212 A month after remanding eight others, a federal judge has sent two more suits in securities multidistrict litigation against Reserve Management Co. Inc. back to the New York state court where they were originally filed, saying Reserve failed to show a basis for federal jurisdiction in any of the suits. http://www.law360.com/articles/132212 http://www.law360.com/articles/131770 A federal judge has rejected a second attempt by Microsoft Corp. to invalidate three network services technology patents asserted by WebXchange Inc. against Microsoft software clients, concluding that no controversy exists between the technology giant and WebXchange. http://www.law360.com/articles/131770 http://www.law360.com/articles/130674 A federal judge has refused to reconsider her dismissal of Wachovia Corp.'s previous bid to toss out a racketeering suit brought by the liquidation trustee for bankrupt beverage company Le-Nature’s Inc. http://www.law360.com/articles/130674 http://www.law360.com/articles/130128 Wading into a rankling dispute over Linens 'N Things’ wind-down budget, a bankruptcy court has rejected the noteholder committee’s attempt to block payment of Gardere Wynne Sewell LLP’s fees, reprimanding the committee for evasive discovery tactics. http://www.law360.com/articles/130128 http://www.law360.com/articles/130052 A federal bankruptcy court has ordered Donald Trump and lender Beal Bank to disclose specific details about the stake they hold in bankrupt Trump Entertainment Resorts Inc., in an increasingly contentious battle over the casino company’s restructuring. http://www.law360.com/articles/130052 http://www.law360.com/articles/129960 A $336 million settlement a class of consumers reached with credit card companies and banks accused of breaching federal and state antitrust laws by colluding to fix foreign currency fees has been granted approval by a federal judge, three years after the defendants put the money away in escrow to repay the plaintiffs. http://www.law360.com/articles/129960 http://www.law360.com/articles/129612 In a festering fee dispute between Linens 'N Things’ noteholders and the debtor’s special counsel Gardere Wynne Sewell LLP, the noteholders have opposed the firm’s continuing demands for document production in connection with attempts to tighten the debtor’s wind-down budget and restrict payments to the firm. http://www.law360.com/articles/129612 http://www.law360.com/articles/127818 Morgan Stanley & Co. Inc. has asked a federal judge to toss securities fraud claims brought against it by AshThree LLC and Ashland Inc., stating that the plaintiffs knew the risks associated with the acquisition of the auction rate securities at issue and that their suit failed to prove the willfulness necessary to make a fraud claim against Morgan Stanley. http://www.law360.com/articles/127818 http://www.law360.com/articles/127844 Southern Union Co. plans to appeal a recent judgment ordering the natural gas provider to pay $18 million in fines and community service payments as penance for illegally storing liquid mercury at a facility in Rhode Island, which allegedly led to a hazardous spill at a nearby apartment complex. http://www.law360.com/articles/127844 http://www.law360.com/articles/127421 Martindale Corp. and Heartland Inns of America LLC have reached a confidential settlement to resolve Martindale’s breach of contract suit over its purchase of 18 Heartland hotels two days after a federal judge trimmed Heartland's claims and denied its request to toss the suit. http://www.law360.com/articles/127421 http://www.law360.com/articles/127203 A dispute between BDO Seidman LLP and Le-Nature's Inc.'s liquidation trustee over engagement letters will be hashed out in arbitration after a federal court tossed out the bulk of the case this summer and the accounting firm agreed to drop its sole remaining claim, which alleged a breach of a mediation agreement. http://www.law360.com/articles/127203 http://www.law360.com/articles/126216 A federal judge has ordered Southern Union Co. to pay a total of $18 million for illegally storing liquid mercury at a facility in Rhode Island, which allegedly led to a hazardous spill at a nearby apartment complex, the U.S. Department of Justice announced. http://www.law360.com/articles/126216 http://www.law360.com/articles/125992 Holders of more than $1.3 billion in LyondellBasell Industries AF SCA senior notes issued in 2005 have sued the company for allegedly breaking their indenture agreement by subordinating their debt to finance Basell AF SCA's acquisition of now-bankrupt Lyondell Chemical Co. http://www.law360.com/articles/125992 http://www.law360.com/articles/125381 A federal jury has convicted pharmaceutical executive W. Scott Harkonen on a count of wire fraud but has acquitted the former InterMune Inc. chief on a count of misbranding a drug with intent to mislead customers. http://www.law360.com/articles/125381 http://www.law360.com/articles/123154 Bankrupt magazine wholesaler Source Interlink Distribution LLC has settled with Bauer Publishing Co. LP, bringing to a close a suit Source brought against a raft of competitors and magazine publishers for allegedly conspiring to fix prices and squeeze Source out of the retail magazine market. http://www.law360.com/articles/123154 http://www.law360.com/articles/123144 Merrill Lynch Capital Corp. has asked a bankruptcy judge to prevent a Tribune Co. bondholder from investigating Merrill's role in an $8.3 billion leveraged buyout with the now-bankrupt Tribune, arguing that it had already offered to provide the documents being sought outside of court. http://www.law360.com/articles/123144 http://www.law360.com/articles/123165 A federal judge has refused to release Wachovia Corp. from a racketeering lawsuit filed by the liquidation trustee for bankrupt beverage company Le-Nature's Inc., alleging that the bank and others aided a fraudulent scheme piloted by Le-Nature's former CEO. http://www.law360.com/articles/123165 http://www.law360.com/articles/121604 The trustee overseeing the liquidation of Le-Nature Inc. has accused K&L Gates LLP of malpractice for failing to discover evidence of a $500 million fraud while conducting an internal investigation of the collapsed beverage company. http://www.law360.com/articles/121604