New York

  • September 5, 2006

    Judge Denies Dana’s Executive Compensation Bid

    A federal judge has denied Dana Corp.’s proposed incentive plan, under which the bankrupt auto parts maker would have shelled out almost $10 million to retain key executives upon its emergence from bankruptcy.

  • September 5, 2006

    Judge Lets Delta Dump Pilots' Pension Plan

    In a major break for Delta Air Lines Inc.’s bankruptcy plans, a bankruptcy court on Tuesday allowed the airline to dump its pilots’ defined benefit pension plan.

  • September 5, 2006

    Spitzer Eases Curbs Amid Insurance Price Fixing Probe

    Just a week after the world’s top insurance broker, Marsh & McLennan Cos., announced that it had received a nod from New York Attorney General Eliot Spitzer to relax limitations on accepting contingent commissions, London insurance broker Willis Group Holdings Ltd. said it has struck a similar deal.

  • September 5, 2006

    Ex-Bear Stearns Broker Sues Firm For $30M

    A former broker for investment bank Bear Stearns Cos. has slapped the firm with a $30 million lawsuit, alleging he was wrongfully terminated in the wake of a market-timing scandal that hit Bear Stearns in 2003.

  • September 5, 2006

    Attorney General Hit With Suit Over Antitrust Probe

    Amid concerns that trade secrets and other confidential information will be handed to its rivals, a lawyer for insurance broker Brown & Brown has filed a lawsuit against Connecticut Attorney General Richard Blumenthal to block such disclosures.

  • September 1, 2006

    Refco Secures Exclusivity Extension

    A federal judge on Thursday extended Refco Inc.’s exclusivity period until Sept. 12, thus giving the bankrupt brokerage firm 11 more days to negotiate a repayment plan.

  • September 1, 2006

    Skadden Ranked #1 In Bankruptcy Litigation

    Taking on more than twice as many Chapter 11 cases this past year as the majority of its competitors, Skadden clearly presides as the firm most clients turn to when facing a difficult bankruptcy, according to our survey of the 250+ largest firms in the United States.

  • September 1, 2006

    Dana To Fork Over $12.6M In Legal, Professional Fees

    Embattled auto parts manufacturer Dana Corp. must shell out a whopping $12.6 million to a slew of law firms and companies that have aided the company throughout its Chapter 11 proceedings.

  • September 5, 2006

    Firm Profile: Foley & Lardner

    Foley & Lardner LLP has been actively bolstering its bankruptcy ranks, spurred by high hopes to become an even bigger player in the field of creditor and debtor committee representation.

  • September 1, 2006

    Delta Seeks To Dump Pilots' Pension Plan

    Bankrupt Delta Air Lines has asked a bankruptcy judge to let it terminate its underfunded pension plan for pilots to enable the carrier to exit from Chapter 11 by next year, but some pilots groups intend to rally in opposition to the move.

  • September 1, 2006

    Wilson Sonsini Ranked #1 In Securities Litigation

    Retained in almost twice as many cases as its nearest competitor, Wilson Sonsini Goodrich & Rosati is far and away the most sought-after firm in securities litigation, according to our survey of the 250+ largest firms in the United States.

  • September 5, 2006

    Greenberg Traurig Ranked #1 In Trademark Litigation

    Greenberg Traurig LLP blew away the competition this past year as the most frequently hired firm when it came to trademark litigation, according to our survey of the 250+ largest law firms in the United States.

  • September 1, 2006

    Fish & Richardson Ranked #1 In Patent Litigation

    Despite a minor slow-down in patent litigation, intellectual property specialist Fish & Richardson PC has maintained its position as the most frequently hired firm over the past year, with Jones Day again the runner-up, according to our survey of the 250-plus largest firms in the United States.

  • September 1, 2006

    Littler Mendelson Ranked #1 In Employment Litigation

    The largest law firm in the United States to focus exclusively on labor and employment law has been retained more than any other firm in employment lawsuits in the past year, though two other employment-only firms are in close pursuit, according to our survey of the 250+ largest U.S. law firms.

  • September 1, 2006

    Court Grants Injunction Barring Generic Plavix

    In a significant victory for Bristol-Myers Squibb & Co. and Sanofi-Aventis Corp., a federal judge has granted the pharmaceuticals a preliminary injunction, ordering Apotex Corp. to cease selling its generic version of the blood thinner Plavix.

  • September 1, 2006

    Arnold & Porter Ranked #1 In Antitrust Litigation

    Outshining the bevy of antitrust practices vying for courtroom action, Arnold & Porter LLP set itself apart from the crowd in the past year as the most in-demand antitrust litigation firm, according to our survey of the 250+ largest law firms in the United States.

  • September 1, 2006

    Brokerage Forks Over $127M In Class Action Settlement

    Brokerage firm Edward D. Jones & Co. will pay $127 million to settle nine class action lawsuits filed against the firm over allegedly questionable revenue-sharing practices.

  • September 1, 2006

    Judge Bars Airbus Bid To Boot Wilmer Hale Lawyers

    Marking the latest development in an ongoing feud between the European Union and the United States over government subsidies to airlines, a Superior Court judge is staving off a bid by France-based Airbus to disqualify Boeing Co. attorneys from working on a contentious trade dispute involving the World Trade Organization.

  • August 31, 2006

    Delta, Pilots Clash Over Pension Plan

    Bankrupt carrier Delta Airlines has turned a deaf ear to the protests of retired pilots, asking a judge to toss its pension plans in an effort to cut costs. But the pilots aren’t giving up without a fight.

  • August 31, 2006

    Over Objections, Tower Auto Judge OK's Union Deal

    Snubbing creditors of Tower Automotive Inc., a federal bankruptcy judge on Wednesday gave the green light to an unusual settlement between the bankrupt auto parts maker and two of its unions to cut labor costs.