http://www.law360.com/ Latest articles for organization: PricewaterhouseCoopers Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135381 Spanish banking giant Banco Santander SA has asked a federal judge in Florida to toss a class action alleging that it was negligent in investing over $3 billion in Bernard L. Madoff’s $65 billion Ponzi scheme, saying that the bank monitored the fraudster as closely as anyone. http://www.law360.com/articles/135381 http://www.law360.com/articles/135448 Revenue at most U.S. law firms was down significantly this year through the end of the third quarter, according to a survey by the Wachovia Legal Specialty Group. http://www.law360.com/articles/135448 http://www.law360.com/articles/134085 Former Refco Inc. auditor Grant Thornton LLP and outside counsel Mayer Brown LLP have moved for a second time to dismiss a fraud lawsuit brought by the trustee overseeing Refco Inc.’s bankruptcy proceedings in response to allegations that they knew about the financial firm’s massive fraud scheme. http://www.law360.com/articles/134085 http://www.law360.com/articles/133904 Strategic buyers pushed up both the number of deals and deal values in the global industrial manufacturing sector for the third quarter of 2009, but the global deal environment for the chemicals sector continued to struggle, while a mixed picture came in for metals, according to a report from PricewaterhouseCoopers LLP. http://www.law360.com/articles/133904 http://www.law360.com/articles/133911 Frank Walsh Jr., one of three insiders accused of corporate looting at Tyco International Inc., has agreed to pay $5.6 million to settle a suit brought by the state of New Jersey. http://www.law360.com/articles/133911 http://www.law360.com/articles/133804 Profits at the top 100 law firms in the U.K. fell by 30 percent since last year, and many firms aren't holding their breath for revenue growth over the next 12 months, according to a recent survey. http://www.law360.com/articles/133804 http://www.law360.com/articles/133605 A federal appeals court has affirmed a judgment in favor of the U.S. Internal Revenue Service in a case brought against the government by Enbridge Energy Co. Inc. concerning a conduit transaction the IRS called a sham. http://www.law360.com/articles/133605 http://www.law360.com/articles/132798 A British appellate court has rejected PricewaterhouseCoopers' plan to speed up the unwinding of Lehman Brothers Holdings Inc.'s European branch and distribute the assets to creditors, upholding a decision by a lower court. http://www.law360.com/articles/132798 http://www.law360.com/articles/132460 A bankruptcy court judge has approved bankrupt technology consulting firm BearingPoint Inc.'s disclosure statement, days after plaintiffs in a shareholder class action objected to the company's Chapter 11 liquidation plan. http://www.law360.com/articles/132460 http://www.law360.com/articles/131637 Lead plaintiffs in a securities fraud class action against bankrupt BearingPoint Inc. are opposing the technology consulting firm's proposed Chapter 11 liquidation plan, saying the plan doesn't take into account the impact of the litigation on the company's estate. http://www.law360.com/articles/131637 http://www.law360.com/articles/131594 As law firms work to increase sales, some in recent years have looked to outside business development experts to satisfy their marketing and sales needs, but questions remain as to the effectiveness of the strategy, as well as the ethical implications of such a move. http://www.law360.com/articles/131594 http://www.law360.com/articles/130845 A federal judge approved Muzak Holdings LLC's disclosure statement Tuesday and allowed the company to seek approval of its Chapter 11 reorganization plan from its creditors. http://www.law360.com/articles/130845 http://www.law360.com/articles/123967 Complexity in a cross-border deal doesn’t always mean new and different structures getting thrown in. With extra tax and stock implications to consider, multiple antitrust regimes to power through, and varying labor laws and union strength, deal makers have to prepare to take the usual concerns and multiply them. http://www.law360.com/articles/123967 http://www.law360.com/articles/129258 PricewaterhouseCoopers LLP, the administrator for Lehman Brothers International Europe, said Tuesday that it intended to file a $90 billion claim this month against Lehman's other units — bringing its total claims against the units to around $208 billion. http://www.law360.com/articles/129258 http://www.law360.com/articles/128563 Charles Schwab Corp. is facing a possible enforcement action by the U.S. Securities and Exchange Commission over two mutual funds that invested heavily in mortgage-backed securities. http://www.law360.com/articles/128563 http://www.law360.com/articles/116798 False patent marking is an unsettled area of law and much is sure to change in the next few years. However, based on what we currently know, there are three very basic steps that a company can take to help avoid liability for false patent marking, says A. Justin Poplin of Lathrop & Gage LLP. http://www.law360.com/articles/116798 http://www.law360.com/articles/126762 Marc Kushner says he always had a natural knack for numbers, and he is now bringing that talent as a tax attorney and partner to Duane Morris LLP's corporate practice from Seyfarth Shaw LLP. http://www.law360.com/articles/126762 http://www.law360.com/articles/126322 Lehman Brothers Holdings Inc.’s European assets administrator PricewaterhouseCoopers said Monday it had developed an alternate plan for repaying creditors directly while it appeals a U.K. court order rejecting the asset distribution plan it submitted in July. http://www.law360.com/articles/126322 http://www.law360.com/articles/125746 A federal judge has agreed to throw out securities fraud and other claims in a lawsuit by defunct auto parts maker Collins & Aikman Corp. against its former executives and auditors alleging they engaged in a misguided spate of acquisitions that led to the company's collapse. http://www.law360.com/articles/125746 http://www.law360.com/articles/124630 On the eve of the deadline for filing claims against bankrupt Lehman Brothers Holdings Inc., a slew of major financial institutions — including Bank of America NA, U.S. Bank NA and Ambac Financial Corp. — lined up to seek the recovery of billions from the fallen investment firm. http://www.law360.com/articles/124630