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U.S. Banks in Trouble

U.S. banks are having money trouble, according to CNBC. The subprime mortgage crisis is resulting in many banks having to…

Standard & Poor Calls a U.S. Government Suit Against It Mere “Retaliation”

Standard & Poor sees a whole lot of wrong in the $5 billion fraud lawsuit the U.S. government brought against…

Judge Rejects Fee Structure for Debit Card Usage Set by Fed

This Wednesday in Washington, district court judge Richard J. Leon ruled that in working out the details of the fee…

Judge has Mixed Feelings about SAC Settlement in $602 Million Insider Trading Settlement

Judge Victor Marrero is not at all happy about the sorts of deals the S.E.C. has been working out with…

Compensation Compression at Shearman & Sterling

You can please some of the partners some of the time, but you certainly can’t please all of the partners…

Brief Filed with Supreme Court to Strike Down DOMA

A supporting brief was filed with the Supreme Court on Wednesday by a group of the country's largest companies. The…

Standard and Poor’s Hires John Keker

John Keker has been hired by Standard and Poor's to help the company fight a $5 billion lawsuit filed against…

Major Banks Settle for $8.5 Billion in Foreclosure Complaints

Federal complaints have been settled by 10 major banks and mortgage companies on Monday worth $8.5 billion. The complaints said…

Zipcar Purchased by Avis

Avis Budget Group Inc, the car rental company, is going to purchase Zipcar Inc for close to $500 million. The…

Two Little Law Firms Maintain Their Honor against Big Brother Cleary Gottlieb

On Wednesday, the 2nd U.S. Circuit Court of Appeals published its written decision in a case involving two little law…

Thomas Perrelli Leaves DOJ to Rejoin Jenner & Block

Thomas Perrelli joined the U.S. Department of Justice leaving the position of managing partner of the Washington office of Jenner…

SEC Scrutinizing Nasdaq’s Plan for Handling Facebook Fiasco

On Monday, the U.S. Securities and Exchange Commission posted a notice online about Nasdaq’s Facebook plan, observing “The Commission believes…