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AIG sued by two Calif. residents who allege their homeowners’ policies entitled them to coverage on Madoff losses.
October 2 Webcast – Credit Default Swaps: Recent Developments
Credit Default Swaps have received their share of attention over the past 12 months. Stripped of all the rhetoric, CDSs have been and continue to be integral risk management tools in an evolving regulatory, transactional, and litigation landscape. Please join Gene Deetz and Jeff Nielsen of Navigant Consulting and Jay Tambe and James Goldfarb of […]
Prosecutors Reveal New Allegations Against Cioffi
Prosecutors revealed new allegations against Ralph Cioffi in an August 18 letter to U.S. District Judge Frederic Block.
J. Travis Laster Nominated to Delaware Court of Chancery
J. Travis Laster, a partner with Abrams & Laster in Wilmington, Delaware, has been nominated by Gov. Jack Markell for the vacant seat on Delaware’s prestigious Court of Chancery.
Court Approves $125 Million Settlement in Bristol-Myers Plavix Securities Class Action
Judge Crotty of the SDNY granted preliminary approval for BMS’ settlement in the Plavix securities class action.
Appeals Court Denies Stanford Motion to Remove Judge
Allen Stanford motion to remove the judge overseeing his case has been denied. CNBC reports that a federal appeals court denied Stanford’s petiton to remove U.S. District Judge David Hittner from his criminal case due to “unexplained hostility” by Hittner. Stanford filed the motion after Hittner denied Stanford’s motion to be moved to a jail closer to Houston, and blocked Stanford’s plans to change attorneys.
Securities Docket A.M. News Wire for August 19, 2009
9th Circuit Reverses Reyes’ Backdating Conviction; Saudi Bishah chairman jailed for insider trading; Options Backdating Likely More Widespread Than Believed, Study Finds.