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June 2009

June 29, 2009 6:22 PM

Madoff Victims, Lawyer Lash Out at Government, Trustee

After a federal judge sentenced Bernard Madoff to 150 years in prison Monday, several Madoff victims and their lawyer gathered in Foley Square to protest the actions of the SEC, SIPC, and trustee Irving Picard of Baker & Hostetler.

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06/29/09 Posted by Brian Baxter

Milbank, Gibson on $3.5 Billion Consultant Merger

In a rare public-private merger of equals, Towers, Perrin, Foster & Crosby and Watson Wyatt Worldwide are joining forces to create what is believed to be the world's largest human resources consulting company. 

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06/29/09 Posted by Zach Lowe

$3.3 Billion Teppco-Enterprise Deal Creates Work for Special Committees

The complex nature of the deal means plenty of work for several law firms, including Andrews & Kurth, Baker & Hostetler, Latham & Watkins, and Baker Botts.

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06/29/09 Posted by Susan Beck

Linklaters Continues Its NYC Expansion

The firm that had about 35 lawyers in New York a half-decade ago has hired another big lateral as it continues its expansion in the Big Apple.

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06/29/09 Posted by Zach Lowe

The Legal Mess MJ Left Behind

The King of Pop left behind a legacy not only of infectious beats and smooth moves, but a long list of litigation, The National Law Journal reports.  

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06/29/09 Posted by Zach Lowe

Former Latham Partner Gets 15 Months for Billing Fraud

Samuel Fishman was sentenced by federal district judge Victor Marrero to 15 months in prison, a $10,000 fine, and $350,000 in restitution, for engaging in billing expense deceptions over a 12-year period.

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06/29/09 Posted by Susan Beck

Live Blogging the Madoff Sentencing: The Hearing Wraps

Everyone seems to be in a state of shock about Judge Chin giving Madoff the maximum sentence allowable under the law. Once again, our veteran courthouse correspondent and colleague Mark Hamblett from the New York Law Journal was in court, and we'll be sure to point you towards his story later today.

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06/29/09 Posted by Brian Baxter

Live Blogging the Madoff Sentencing: 150 Years for Madoff

Judge Denny Chin has sentenced Bernard L. Madoff to 150 years in prison. Chin gave Madoff the maximum of 20 years on several of the counts, which will be served consecutively. For a brief moment, the courtroom erupted with applause.

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06/29/09 Posted by Brian Baxter

Breaking: SCOTUS Rules for Firefighters

The 5-4 decision overturns a one-paragraph decision issued by a panel of judges that included Sonia Sotomayor.

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06/29/09 Posted by Zach Lowe

Live Blogging the Madoff Sentencing: Madoff Speaks

"Your Honor, I cannot offer you can excuse for my behavior," Madoff says. "How do you excuse lying and deceiving thousands of investors. How do excuse lying and deceiving over 200 employees. How do you excuse lying and deceiving a wife of 50 years, who still stands by you."

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06/29/09 Posted by Brian Baxter

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