New York

  • March 22, 2007

    Jenner & Block Nabs Pillsbury's IP Chair

    The head of intellectual property at Pillsbury Winthrop Shaw Pittman LLP has moved to Jenner & Block, where she will help build the firm’s one-year-old New York City office.

  • March 22, 2007

    Nixon Nets Jenkens’ IP Team, Opens Doors In Chicago

    One firm’s loss is another firm’s gain, and as Jenkens & Gilchrist continues to unwind from a damaging tax shelter scandal, Nixon Peabody has swooped in to pick up the firm’s entire IP team in Chicago.

  • March 22, 2007

    Judge Dismisses Challenge To PCAOB Authority

    In a victory for the U.S. Securities and Exchange Commission, a federal judge dismissed on Wednesday a constitutional challenge to the audit oversight board created by the Sarbanes-Oxley Act of 2002.

  • March 21, 2007

    Feds To Indict Collins & Aikman Ex-CEO: Report

    Federal authorities are poised to indict the former chief of Collins & Aikman’s for misleading investors over the financial health of the now bankrupt auto parts supplier, according to a published report.

  • March 21, 2007

    AlixPartners Defends Fee Request In Refco Case

    Turnaround firm AlixPartners is standing by its request for a $5 million success fee for helping Refco Inc. climb out of bankruptcy.

  • March 21, 2007

    Delphi To Pay $70M To Close Spanish Plant

    Bankrupt Delphi Corp. will spend about $70 million in severance pay related to the closure of one of its facilities in southern Spain, a piece of the auto parts company’s plan to emerge from bankruptcy protection.

  • March 21, 2007

    Total Execs Questioned Over Iran Contracts

    Three employees of Total SA, including the company’s chief executive, are being questioned by investigators of the French financial police in relation to an ongoing probe into the French oil group’s activities in Iran.

  • March 21, 2007

    Takeda Wins $16.8M In Fees For Misconduct

    A U.S. federal judge has ordered two generic drug makers to pay $16.8 million in legal fees to Takeda Pharmaceutical Co Ltd. for their “exceptional misconduct and bad faith” during a patent challenge last year.

  • March 21, 2007

    Hedge Funds Try To Block $750M Northwest Offering

    Still fighting the order to disclose crucial trading information, a group of hedge funds has asked the bankruptcy judge overseeing Northwest’s case to postpone ruling on the carrier’s request to hold a rights offering that will provide $750 million to fund its bankruptcy exit.

  • March 21, 2007

    Pfizer Whistleblower Challenges Claim Dismissal

    A former marketing vice president at Pfizer Inc. is appealing the dismissal of his whistleblower lawsuit accusing the pharmaceutical giant of illegally marketing a successful biotechnology drug, human growth hormone Genotropin.

  • March 21, 2007

    Skadden Compromises On Fee Application

    Skadden, Arps, Slate, Meagher & Flom LLP, which has already collected over $40 million for its work on the Refco Inc. bankruptcy, has voluntary knocked $1 million off its invoice in the wake of opposition.

  • March 21, 2007

    California, Fannie Mae Sever Ties With New Century

    New Century Financial Corp.’s outlook grew dimmer on Tuesday when the embattled subprime mortgage lender said it was ordered to stop operations in its home state of California and Fannie Mae refused to purchase the company’s loans.

  • March 21, 2007

    Court Reverses $1.58B Verdict In Perelman Case

    In a huge victory for investment bank Morgan Stanley, a Florida appeals court has reversed the verdict that awarded Ronald Perelman $1.58 billion in a dispute over the acquisition of Coleman Co. by Sunbeam Corp.

  • March 21, 2007

    Barr Sued Over Plan For Schizophrenia Drug

    Japanese drug maker Otsuka Pharmaceutical Co. Ltd. has filed a patent infringement lawsuit against Barr Pharmaceuticals Inc. over its plan to manufacture a generic version of Otsuka’s schizophrenia drug, Abilify.

  • March 21, 2007

    Kennedy Recuses Himself From Credit Suisse Case

    Supreme Court Justice Anthony Kennedy has recused himself from a major antitrust case involving Credit Suisse and 15 other large financial companies, ostensibly because his son currently works for Credit Suisse.

  • March 22, 2007

    Kasowitz Scores California White-Collar Boutique

    Continuing to expand the firm’s reach, Kasowitz Benson, Torres & Friedman has added a well-respected San Francisco white-collar criminal defense boutique to its growing ranks.

  • March 20, 2007

    NYRA Wins Extension Of Exclusive Period

    A bankruptcy judge on Monday partially granted the New York Racing Association's request for an extension, allowing the racetrack owner to keep hold of the reins of its Chapter 11 reorganization plan until at least July 16, 2007.

  • March 20, 2007

    Russia Wins Tax Suit Against PwC

    A Russian court has invalidated an audit contract between bankrupt Russian oil company Yukos and PricewaterhouseCoopers’ Moscow office, much to the chagrin of the international auditor.

  • March 20, 2007

    IUE-CWA Objects To Delphi’s Incentive Plan

    Delphi Corp. has run into fresh troubles with its second-largest union, which is objecting to the bankrupt auto parts maker’s bid to extend its annual incentive plan on the grounds that it will “prolong and complicate” its collective bargaining negotiations.

  • March 20, 2007

    Ex-Citigroup Trader Gets 15 Months

    A former Citigroup executive accused of inflating profits by $20 million has been sentenced to 15 months in prison.