Morrison & Foerster LLP announced leadership changes, appointing San Francisco partner Brandon Parris and Tokyo partner Randy Laxer as co-chairmen of the corporate department and New York partner Gary Lee and Tokyo partner Dale Caldwell to lead the finance group.
A hearing on a $55 million settlement of lawsuits over a plan to take New York’s Empire State Building public will take place tomorrow after a judge declined a request by opponents of the transaction to postpone the proceedings.
A New York law firm partner who said he paid his ex-wife $2.7 million of the purported value of his account with Bernard Madoff can sue her to revise their 2006 agreement because of the Ponzi scheme, an appeals court ruled.
Tenants of Stuyvesant Town-Peter Cooper Village in New York who sued alleging they were overcharged for rent reached a $68.8 million settlement with MetLife Inc. and CWCapital Asset Management, lawyers said.
Citigroup Inc. Chief Executive Officer Vikram Pandit and Pramit Jhaveri, head of the bank’s Indian unit, were cleared by local police of involvement in an alleged $66 million fraud at its branch in Gurgaon.
A New York appeals court threw out a conviction for the second time in as many weeks of a teenager caught with a loaded gun in a so-called stop-and-frisk search by officers of the New York City Police Department.