Susan Beck's Summary Judgment
The private equity industry enjoys a charmed life, with a business model that involves minimal risk and huge payoffs. But is it possible that PE firms—which have thwarted efforts to rein in their special privileges—might not always get their way?
Former SEC enforcement chief Robert Khuzami's move to a lavishly-paid gig at Kirkland & Ellis doesn't come as any surprise. And that's a shame, says The American Lawyer's Susan Beck.
The lawyers working on Dell Inc.'s proposed $24 billion buyout have no doubt engineered a creative scheme to try to shield the dealmakers from a huge tax bill. But their strategy remains a mystery to shareholders.
On Tuesday SEC chairman Mary Jo White said her agency would try to extract admissions of wrongdoing from defendants in some settlements. But judging by the SEC's settlement with Revlon, says columnist Susan Beck, it appears the agency is intent on making life easier, not harder, for companies that violate securities laws.
Big companies and their allies say state AGs violate the rights of defendants and create unwholesome conflicts when they hire private contingency fee counsel to stick up for citizens' interests. Thankfully, says columnist Susan Beck, West Virginia's highest court has joined a series of previous decisions and cast those claims aside.
Will the Eleventh Circuit break the bargain that the Florida Supreme Court reached in the Engle litigation, or will it side with the tobacco industry and force thousands of plaintiffs to start from scratch?
Has the credit rating agencies' overconfidence in investor litigation come back to bite them?
Having two people try to share an important, high-pressure, high-profile job is rarely a good idea. So why did White split the responsibility for SEC enforcement between Andrew Ceresney and George Canellos?
Is third-party litigation funding a blessing or a curse? To find out, we first need to know when outside investors are footing the bill.