Cornerstone Research News
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Stephen Markscheid holds one of the riskiest jobs in the world -- or so say insurers.
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Securities class-action lawsuits in the U.S. increased 6.8 percent last year, led by claims against companies involved in mergers and acquisitions and Chinese companies listed on U.S. exchanges through reverse mergers, a study found.
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The number of securities class- action settlements fell to a 14-year low in 2012 while their average dollar value rose to an all-time high, a research study found.
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Royal Bank of Scotland Group Plc said it did nothing wrong when it fired a former Singapore trader because he sought to manipulate London interbank offered rates to boost his own profits.
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Weil Gotshal & Manges LLP and Proskauer Rose LLP represented American Realty Capital Properties Inc., which offered to buy Cole Credit Property Trust III Inc. for at least $5.7 billion, seeking to create one of the largest real-estate investment trusts that leases space to single tenants. Sullivan & Cromwell LLP is advising Cole Holdings as owner of the external manager to Cole Credit Property Trust III.
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Bingham McCutchen LLP expanded its global intellectual property, litigation and life sciences practices with a five-partner group from DLA Piper LLP.
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Shareholders filed fewer U.S. lawsuits challenging mergers and acquisitions last year, the second year in which the number of such investor suits has declined, according to a study.
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A shareholder lawyer told a Delaware judge at a midsummer court hearing two years ago that his team deserved $700,000 for work on a lawsuit in which his clients received nothing.
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The New York Red Bulls, the soccer team owned by Austrian billionaire Dietrich Mateschitz, must pay property taxes to Harrison, New Jersey, a tax-court judge ruled.
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White & Case LLP hired five Linklaters LLP capital markets lawyers in Paris, all of whom join the firm as partners. Philippe Herbelin, Cenzi Gargaro and Séverin Robillard were partners at Linklaters. Gilles Endréo, formerly a partner at Linklaters, though now a consultant according to White & Case, and Thomas Le Vert, an associate, also join White & Case as partners.
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