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commercial litigation
Judge Rakoff (S.D.N.Y.) Enjoins J.P. Morgan From Selling Loan To Telecommunication Company's Competitor
Felix Salmon at Reuters caught something interesting: [T]he facts of the case are pretty clear. The relationship between JP Morgan and Televisa goes back decades, and so JP Morgan was the natural choice for Televisa to turn to when it decided to buy a fiber-optic cable company called Bestel for...
Why Cravath Will Prevail In The Airgas / Air Products Conflict of Interest Lawsuit
As has been reported all over the legal media, Industrial gas producer Airgas filed suit against Cravath, Swaine & Moore on Friday over the firm's role as legal adviser to rival Air Products on that company's $5.1 billion bid for Airgas. ... Air Products filed a complaint on Thursday in...
Skin In The Game: "Why Investment Bankers Should Have (Some) Personal Liability"
Warren Buffet often gets credit for coining the phrase "skin in the game" — even though it's not his — and his definition is, shall we say, on the money. "Skin in the game" makes a difference: Mutual funds whose directors have "skin in the game"...
Another Misguided Argument In Favor Of Ashcroft v. Iqbal
Oh, Ashcroft v. Iqbal, will we ever stop blogging about you? The newest online debate pits the class action defense lawyers at Drug & Device Law against University of Pennsylvania Law School Professor Stephen Burbank at PENNumbra, the online supplement to UPenn's Law Review. Beck and...
Does Copyright Law Care If James Cameron's Avatar Ripped Off Parts Of "Call Me Joe?"
The sharp readers of io9, themselves a collective Library of Alexandria of science fiction, noted surprising common elements between James Cameron's Avatar and a 1957 short story by Poul Anderson, "Call Me Joe:" Like Avatar, Call Me Joe centers on a paraplegic — Ed Anglesey —...
