Monday May 13
BofA Responds to A.G.'s Threat of Lawsuit
A threat by Attorney General Eric Schneiderman to sue Bank of America for alleged violations of the National Mortgage Settlement has brought a sharp retort from the bank's attorneys at Wachtell, Lipton, Rosen & Katz, who say they knew of no potential problems until Schneiderman fired off a letter to the monitoring panel and issued a statement to ... (more)
Monday May 13
Organ Donation & Its Impact on Other End-of-Life Directives [New York]
Organ donation is a valuable public health service that clearly falls within the purview of estate planners, as it is one of the end-of -life directives on which estate planning attorneys typically focus clients.
Professor Bainbridge on Wine
Resolving the "should hedge funds be able to pay their stooges on...
Responding to hedge funds' efforts to give incentives to nominees to company boards, the law firm Wachtell, Lipton, Rosen & Katz in essence came over the top on Thursday in a memo distributed to clients.
BofA Lawyers Tell N.Y. AG He Has No Rights to Sue
Bank of America Corp. is pushing back against New York Attorney General Eric Schneiderman, who threatened to sue the bank over alleged violations of last year's $25 billion mortgage settlement.
Recognition of Offshore Insolvency Proceedings: 'Fairfield Sentry'
Harold S. Novikoff and Emil A. Kleinhaus, partners at Wachtell, Lipton, Rosen & Katz, write that Chapter 15 of the Bankruptcy Code, enacted in 2005, permits a representative designated in a foreign insolvency proceeding to avail itself of the U.S. bankruptcy courts if the foreign proceeding is 'recognized' as a 'foreign main' or 'foreign nonmain' ... (more)
Era of great expectations for BigLaw ended with bankruptcy of Howrey, Dewey and others, say experts
A death-knell for the era of great expectations for BigLaw firms has been sounded by the bankruptcies of, among others, Howrey; Heller Ehrman; Thelen; and last year's record-breaking Chapter 11 filing by Dewey & LeBoeuf, experts say.
Silicon Alley Insider
Partners At Wachtell Earn Far More Than At Any Other Firm
Partners at the New York law firm Wachtell, Lipton Rosen & Katz make $4.9 million a year on average, according to the American Lawyer Magazine's new law firm ranking .