Private equity lawyer William Kirsch joined Baker & McKenzie LLP’s Chicago office where he will head the firm’s North American private equity practice. Stacey Kern and Garry Jaunal, also private equity attorneys, have joined the firm, too, bolstering its domestic practice.
A witness the U.S. says is “critical” to its case against Ahmed Ghailani , an alleged terrorist charged with bombing two U.S. embassies, can’t testify because Ghailani was “coerced” into disclosing the man’s identity, a judge ruled.
Galleon Group LLC co-founder Raj Rajaratnam , at the center of largest crackdown on hedge-fund insider trading in U.S. history, didn’t take the witness stand as jurors heard one last wiretapped recording in his trial.
Before asking ex-Galleon Group LLC U.S. President Richard Schutte about $25 million in investments he received from Raj Rajaratnam and his family, prosecutors sought to make sure defense lawyers didn’t prepare Schutte for the question.
A News Corp. unit that used lessons gleaned from gangster films to motivate employees and crush rivals is the latest arm of Rupert Murdoch’s media empire to be swept up in a probe that began with hacking and bribery allegations.
Neil Barofsky was unpacking boxes in December 2008 when the stench of sewage wafted through the hallways at the 168-year-old Main Treasury Building. The space assigned to him as head of the Office of the Special Inspector General for the Troubled Asset Relief Program, or SIGTARP, was shoehorned into the basement, three floors below U.S. Treasury Secretary Henry Paulson ’s offices.
News Corp., already facing three police inquiries in the U.K. as well as a Parliamentary probe of phone hacking by its employees, now faces an investigation into three matters on the other side of the Atlantic Ocean.