New York

  • July 22, 2008

    Judge Allows Children's Place Fraud Suit To Go On

    A federal judge has denied a move by The Children's Place Retail Stores Inc. to dismiss a lawsuit filed by shareholders claiming securities fraud.

  • July 21, 2008

    N.Y. Times, Photographer Settle Copyright Case

    A former New York Times freelance photographer has settled a dispute over damages in a copyright case he filed accusing the newspaper of using his photographs online without permission.

  • July 21, 2008

    Pachulski Stang Selected For LandSource Ch. 11

    Six weeks after LandSource Communities Development LLC filed for Chapter 11, the committee of unsecured creditors has selected Pachulski Stang Ziehl & Jones LLP to serve as counsel during the restructuring process.

  • July 21, 2008

    Lime Wire Lashes Out At RIAA Liability Theories

    Internet file-sharing service Lime Wire LLC on Friday argued in a federal court that the judge should dismiss certain claims in the major record companies' ongoing suit against it, calling the case one part of a “much larger, sustained campaign to suppress innovation.”

  • July 21, 2008

    American Home Mortgage Wins Extension

    A judge has extended the time bankrupt American Home Mortgage Corp. has to file its exclusive reorganization plan, but he didn't give the lending company all of the time it wanted.

  • July 21, 2008

    Judge Approves Latest American Airlines 9/11 Deal

    A federal judge has approved a settlement between American Airlines Inc. and the family of one of the victims of the hijacked plane that crashed into the Pentagon on Sept. 11, 2001.

  • July 21, 2008

    Judge OKs Crucial Fremont-CapitalSource Deal

    The judge overseeing Fremont General Corp.'s Chapter 11 case signed off on the subprime mortgage lender's plan to sell a nonbankrupt subsidiary's assets to CapitalSource Inc., accomplishing the main objective of the bankruptcy.

  • July 21, 2008

    Palco 'Headwaters' Agreement Receives Court OK

    In the face of a challenge from environmentalist and labor groups, California's highest court has ordered bankrupt logger Pacific Lumber Co. to amend the logging plan it submitted under a massive 1996 settlement with the federal and California governments, while otherwise largely confirming the so-called Headwaters Agreement.

  • July 21, 2008

    Ex-Refco President Asks For Shorter Sentence

    Former Refco Inc. President Tone N. Grant asked a federal judge on Friday to sentence him to a “small fraction” of the 16 years former CEO Phillip R. Bennett received because, he said, his role in the alleged fraud was comparatively minor.

  • July 21, 2008

    Akerman-WolfBlock Merger Vote Coming Soon

    Partners are reportedly expected to vote soon on a proposed merger between Akerman Senterfitt and Philadelphia-based WolfBlock LLP, now that the proposal has received approval from the executive committees at both firms.

  • July 21, 2008

    SEC Accuses Biofuel Company Of Fraud

    The U.S. Securities and Exchange Commission lodged a complaint Friday, accusing U.S. Sustainable Energy Corp. and its chief executive officer of operating a pump-and-dump scheme based on untrue claims about the company's biofuel capabilities.

  • August 13, 2008

    Securities Practice: Jones Day

    The rash of lawsuits stemming from the collapse of the multibillion-dollar auction rate securities market requires a new breed of securities attorneys who are trial-ready, according to Jones Day securities and shareholder litigation group co-chairs David Carden and Pat Villareal.

  • July 21, 2008

    Lawyers Told To Pay Up Over Epic 'Sham Patent' Suit

    Finding that a patent infringement lawsuit brought by Advanced Magnetic Closures Inc. against Rome Fastener Corp. was a “colossal waste of time” predicated on a “tissue of lies,” a federal judge has found AMC and its attorneys, including Abelman Frayne & Schwab, liable for Rome Fastener's attorneys' fees in litigating the decade-long case.

  • July 21, 2008

    Fed. Circ. Upholds Eisai’s Aciphex Patent

    In a setback for generic drugmakers Teva Pharmaceuticals USA Inc. and Dr. Reddy’s Laboratories, a federal appeals court agreed with decisions in two infringement cases that upheld the validity and enforceability of Eisai Co. Ltd.’s patent covering its blockbuster ulcer drug Aciphex.

  • August 15, 2008

    Democratic Advance To Spur Sea Change: Lawyers

    If the Democrats win the White House and pick up seats in Congress in November, federal employment laws will likely be overhauled to share more common ground with progressive state-law employment regimes like those in New Jersey and California, employment lawyers say.

  • July 21, 2008

    Georgia-Pacific Not Liable For N.J. Cleanup: Judge

    A court has ruled that Georgia-Pacific Consumer Products LP is not liable for the cost of cleaning up environmental damage caused by four New Jersey paper mills it bought in 1972 because the liability arose under a statute enacted in 1980.

  • July 21, 2008

    2nd Circ. Overturns NLRB Ruling In N.Y. Mall Case

    A U.S. appeals court has overturned a National Labor Relations Board ruling that allowed local representatives from the Empire State Council of Carpenters union to distribute pamphlets at an upstate New York shopping mall.

  • July 18, 2008

    LandSource Strikes New Deal For $1.2B Financing

    After eleventh-hour negotiations prompted by a judge's rejection of an earlier bid, LandSource Communities Development LLC reached an agreement Friday with its creditors on a debtor-in-possession financing deal worth over $1 billion.

  • July 18, 2008

    Judge Won't Dismiss LED Patent Suit Against Cree

    Cree Inc. has lost its summary judgment bid in a patent infringement suit filed by a retired Columbia University professor over light-emitting diode semiconductors.

  • July 18, 2008

    Thelen Reid Reportedly Open To Merger

    Weathering a number of recent departures, Thelen Reid Brown Raysman & Steiner LLP is reportedly on the hunt for a merger partner.