http://www.law360.com/ Latest articles for organization: Merrill Lynch Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/132793 Plaintiffs’ counsel in shareholder derivative litigation over alleged misrepresentations associated with Bank of America Corp.’s purchase of Merrill Lynch & Co. Inc. have won permission to subpoena deal adviser Wachtell Lipton Rosen & Katz, the bank’s defense counsel Cleary Gottlieb Steen & Hamilton LLP and former Merrill CEO John A. Thain. http://www.law360.com/articles/132793 http://www.law360.com/articles/132593 Investment firm TPG Capital LP and Canada-based pension manager CPP Investment Board will acquire IMS Health Inc., a provider of market intelligence to the health care and pharmaceutical industries, in a leveraged buyout deal valued at $5.2 billion. http://www.law360.com/articles/132593 http://www.law360.com/articles/132156 A federal jury has ruled that Former New York Stock Exchange President Gerald Putnam and two others defrauded a former business partner out of millions of dollars related to the development of electronic stock exchange Archipelago Holdings LLC. http://www.law360.com/articles/132156 http://www.law360.com/articles/132062 Five months after fessing up to falsifying books and records, the former chief financial officer of Enron Broadband Services Inc. has been hit with one year of probation — including nine months of home confinement — and a $25,000 fine. http://www.law360.com/articles/132062 http://www.law360.com/articles/132021 A judge has approved the sale of bankrupt jeweler Fred Leighton Holding Inc.’s business operations for $25.8 million in cash to investors including a group of private equity firms and estate jewelry seller Windsor Jewelers Inc., allowing for a quick change in ownership ahead of the holiday shopping season. http://www.law360.com/articles/132021 http://www.law360.com/articles/131702 The U.S. Supreme Court heard oral arguments Monday in a case filed by a group of clients alleging mutual fund manager Harris Associates LP charged excessive fees, and all sides appeared to walk away from an appellate court ruling that could have significantly altered the fee structure of the $11.5 trillion mutual fund industry. http://www.law360.com/articles/131702 http://www.law360.com/articles/130155 The U.S. Supreme Court is set to hear arguments from a group of clients alleging that mutual fund manager Harris Associates LP charged excessive fees, in a case that observers say could have a dramatic effect on the fee structure of the $11.5 trillion mutual fund industry. http://www.law360.com/articles/130155 http://www.law360.com/articles/131349 Delphi Corp. has settled a dispute with Appaloosa Management LP over the hedge fund's decision to pull out of a $2.55 billion financing deal that derailed the auto parts supplier's emergence from bankruptcy in 2008. http://www.law360.com/articles/131349 http://www.law360.com/articles/130868 Residential developer California Coastal Communities Inc. has filed for Chapter 11 bankruptcy protection, citing a need to extend the maturity dates on $182 million in debt it incurred from a development project. http://www.law360.com/articles/130868 http://www.law360.com/articles/130882 Mayer Brown LLP is adding two leveraged finance partners, Jacqueline Evans from Allen & Overy LLP and John Clark from Clifford Chance LLP, to its burgeoning London office, the firm announced Wednesday. http://www.law360.com/articles/130882 http://www.law360.com/articles/130318 Royal Bank of Scotland Group PLC, underwriters for the bank’s share offerings and individual defendants have lambasted a consolidated shareholder complaint they say opportunistically alleges fraud in the aftermath of the financial crisis. http://www.law360.com/articles/130318 http://www.law360.com/articles/130438 The SemGroup LP debtors on Monday made progress toward getting their fourth plan of reorganization approved in hearings expected to last into Monday night, a source said. http://www.law360.com/articles/130438 http://www.law360.com/articles/130340 Counsel for the lead plaintiffs in a class action accusing Merrill Lynch & Co. of misrepresenting its subprime mortgage debt exposure have asked a court to give them 15 percent, or about $23 million, of a $150 million settlement reached in the case. http://www.law360.com/articles/130340 http://www.law360.com/articles/130037 Securities regulators have filed an amended complaint in their closely watched lawsuit against Bank of America NA, accusing the bank of omitting information about billions of dollars in bonuses paid to Merrill Lynch & Co. Inc. executives in a proxy statement filed prior to the financial giants' fall 2008 shotgun merger. http://www.law360.com/articles/130037 http://www.law360.com/articles/129854 Investment bank Imperial Capital Group Inc. has filed a shelf registration of up to $150 million of Class A common stock with the U.S. Securities and Exchange Commission. http://www.law360.com/articles/129854 http://www.law360.com/articles/129751 Harvest Energy Trust, a Calgary-based producer and refiner of oil and natural gas, has been snapped up by Korea National Oil Corp. for CA$4.1 billion ($3.9 billion), in a deal designed to shore up the energy supply of Asian economic powerhouse South Korea. http://www.law360.com/articles/129751 http://www.law360.com/articles/129668 What is a judge to do when presented with the kind of controversial, politically driven settlement that the U.S. Securities and Exchange Commission and Bank of America presented to Judge Jed S. Rakoff of the U.S. District Court for the Southern District of New York? asks Fred Taylor Isquith of Wolf Haldenstein Adler Freeman & Herz LLP. http://www.law360.com/articles/129668 http://www.law360.com/articles/129714 U.S. Trustee Diana Adams is demanding that The Reader's Digest Association provide more information about funds squirreled away in various domestic and foreign bank accounts amid worries about estate money potentially being kept in institutions that are not authorized depositories. http://www.law360.com/articles/129714 http://www.law360.com/articles/129645 Taxpayers are unlikely to see the full return of the nearly $700 billion allocated to the Troubled Asset Relief Program, and the injection of government funds into insolvent businesses risks reinforcing the corporate behavior that led to the financial crisis, a government report said Wednesday. http://www.law360.com/articles/129645 http://www.law360.com/articles/129712 Secured lender Merrill Lynch Mortgage Capital Inc. has protested fees requested by law firms Herrick Feinstein LLP and Phillips Nizer LLP in the bankruptcy of jewelry retail company Fred Leighton Holding Inc., contending that the firms have accomplished little over the course of the proceedings apart from allowing an ex-owner to plunder the estate. http://www.law360.com/articles/129712