ILR: Claims Against Ratings Agencies over Failed Investment Vehicle Can Proceed

CIMG3212American Lawyer: Most efforts to hold ratings agencies liable for the financial crisis have failed, but on Thursday two institutional investors got the green light to proceed with claims that ratings agencies misled them about a $1.1 billion structured investment vehicle called Rhinebridge Plc.

Read more: Claims Against Ratings Agencies over Failed Investment Vehicle Can Proceed

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ILR: In Libor Ruling, a Big Win for the Banks

Spring 10New York Times | 2013
Judge Naomi Reice Buchwald of Federal District Court in Manhattan, in a 161-page decision, has given the multinational banks being investigated for manipulating the London interbank offered rate, or Libor, a dose of good news for once.

Read more: http://dealbook.nytimes.com/2013/04/01/in-libor-ruling-a-big-win-for-the-banks/?utm_medium=Email&utm_source=ExactTarget&utm_campaign=&utm_content=

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ILR: Judge Dismisses Antitrust Claims in Libor Suits

Spring 9Wall Street Journal | 2013
Banks being probed over alleged interest-rate manipulation scored a big victory in their battle against scores of private lawsuits seeking billions of dollars in potential damages.

Read more: http://online.wsj.com/article/SB10001424127887323501004578391060795837632.html?KEYWORDS=lawsuits&utm_medium=Email&utm_source=ExactTarget&utm_campaign=&utm_content=

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M&A Newsletter Deal Points 2013/2

IMG_0981Anbei finden Sie die neueste Ausgabe des Newsletter des Mergers and Acquisitions Committee of the Business Law Section der American Bar Association. Nietzer & Häusler ist dort Mitglied. Wir wollen Sie insbesondere auf die  Artikel “Debunking Myths About Activist Investors” und “The Who, Why, What, How, and When of Price Adjustments” (u.a. im Bereich “Net Working Capital”) hinweisen. Sehr lesenswert. Deal Points Volume XVIII, Issue 2, Spring 2013 – Final

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ILR: DOJ Got a Record $9B in Corporate Settlements in 2012

CIMG3205Corporate Counsel: Federal enforcers obtained a whopping $9 billion in corporate settlements in 2012—a record amount that surpassed the previous high set in 2006 by nearly $3 billion.

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ILR: Corporate FCPA Penalties Continued to Fall in 2012

CIMG2938Main Justice: The final numbers are in: The Justice Department secured $142.2 million in criminal Foreign Corrupt Practices Act fines and penalties in 2012

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FCPA: Money, Money, Money

Spring 8I tried. I really tried. I tried not to rant about the Houston Astros during Spring Training, because as they say ‘hope springs eternal’ as all teams are tied at this point in the season (0-0). So when the Astros announced they were considering moving their Triple-A affiliate from Oklahoma City to The Woodlands, a town in the incorporated limits of Houston, I did not write a post which complained that such a move would bring competition to an already existing Triple-A team in Houston, the aforementioned Houston Astros. Weiterlesen

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ILR: Class action lawyers game the system for personal gain

CIMG2934Washington Times: Recently, the 6th U.S. Circuit Court of Appeals decided an interesting case involving big-money lawyer fees in class actions, U.S. v. Gallion, et al.

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FCPA: Distributors Should Be Analyzed As Any Other Third Party Representative in the Sales Chain

Spring 7Ed. Note-David Simon is a partner at Foley and Lardner and Bill Athanas is a partner at Waller Lansden Dortch & Davis, LLP. Both have practices which include FCPA compliance.  After my recent post on distributors under the FCPA, David and I had a dialogue on how distributors should be reviewed and analyzed under the FCPA. Bill also had some thoughts on the subject. I asked them if they would contribute guest posts with their ideas. Weiterlesen

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ILR: EDITORIAL: Worst 2012 lawsuits argue for 2013 reforms

CIMG2933Washington Examiner: Did you hear the one about the repeat drunken driver in Florida who killed a family in an accident, then sued them for pain and suffering? Or the one about the parents who sued their son’s school after he was kicked out of an honors class for cheating? Or the woman whose car was repossessed, prompting her to sue for $5 million for the gas she had put in the tank?

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