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Paul Weiss Scuttles $1 Billion Suit over Lyondell Buyout

By&nbspJan WolfeAll Articles The Litigation DailyMay 22, 2013 A New York appellate court threw out claims that Bank of New York Mellon negligently signed off on Basell’s disastrous 2007 leveraged buyout of Lyondell Chemical Co., costing Basell noteholders almost $1 billion. Read more »

After Defections, CalPERS Wants Winston Disqualified

By&nbspCheryl MillerAll Articles The RecorderMay 22, 2013 The nation’s largest public pension fund wants to bar Winston & Strawn from further work on bankruptcy proceedings involving the California cities of Stockton and San Bernardino. Read more »

Amid Spy Scandal, Russia Boots Baker & McKenzie Lawyer

As the U.S. and Russian governments trade accusations over espionage activities and human rights abuses, Baker & McKenzie of counsel Thomas Firestone, a former Justice Department official and liaison to the U.S Read more »

Survey: Firm Leaders Admit Downturn’s Permanent Impact

Most law firm leaders admit that recession-driven changes to both their pricing practices and their clients’ expectations that work be done efficiently are likely here to stay, according to a new survey from legal consultancy Altman Weil.At the same time, Read more »

South Carolina Bound: Adams and Reese Opens in Columbia

CORRECTION: 5/22/2013, 11:00 a.m. EDT. Read more »

Plaintiffs Accuse Drywall Manufacturers of Price-Fixing

Class Action Lawsuit and Settlement News Wednesday, 22 May 2013 06:00 Follow us on Twitter and Facebook for the latest Drywall Price-Fixing Class Action Lawsuit Settlement News! Plaintiffs Accuse Drywall Manufacturers of Price-Fixing By Anne Bucher In the U.S., the Read more »

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