The managing partner of McCarter & English LLP in New York, Daniel Pollack, was assigned to mediate the stalemate between Argentina and its holdout bondholders after the U.S. Supreme Court last week let stand a decision requiring full payment on the debt.
Maurice “Hank” Greenberg, the former chairman of American International Group Inc., lost a bid to throw out the New York attorney general’s 2005 lawsuit over alleged sham transactions intended to inflate the insurer’s financial health.
Manhattan Borough President Scott Stringer fought off Eliot Spitzer in the Democratic primary for New York City comptroller, halting the former governor’s attempted comeback from a prostitution scandal.
Eliot Spitzer promises that if he gets elected New York City comptroller, he’ll shake up the office, using about $80 billion in pension stock holdings to keep corporations well-managed and socially responsible.
Former New York Governor Eliot Spitzer lost a lead of 19 percentage points and is now tied with Manhattan Borough President Scott Stringer in the race for city comptroller, according to a Quinnipiac University poll.