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Wachtell
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Latest Headlines
Morgenthau joins law firm
Robert Morgenthau is a revered figure in law enforcement circles. Some people probably still think he's the Manhattan DA. He was a force to be reckoned with, in white-collar crime for 35 years. He left last month, and has announced he will join Wachtell, Lipton, Rosen & Katz. In a way, it's sa
Internal Bank of America CEO candidate dealt a blow
When Brian Moynihan faced skeptical congressmen in a hearing recently, some thought his chances at becoming the next CEO of Bank of America ( BAC ) were diminished greatly . That seemed to play to the advantage of the other internal candidate, chief risk officer Greg Curl, who led the Merrill
Funky math and the Merrill Lynch deal
Here's an important piece of the puzzle as to why Bank of America ( BAC ) failed to inform its shareholders about big losses at Merrill Lynch: Executives relied on a faulty analysis by their lawyers.
Fortune reports Bank of America executives decided not to reveal to shareholders the dep
Bank of America lawyers in spotlight
Bank of America's ( BAC ) line on why it acted the way it did during the Merrill Lynch merger seemed to be airtight not so long ago. It's stance was that it relied on the advice of its attorneys, and any communications was therefore protected. But the outside world started chipping away at that
The end of the attorney-client defense?
The SEC says it is vigorously pursuing the case against Bank of America, now that Judge Jed Rakoff has rejected its $33 million settlement with the bank.
The issue, basically, is whether Bank of America sent a misleading proxy statement, which included a document that said no Merrill Lynch bon
Will judge ever approve Bank of America, SEC settlement?
It looks like top banks are heeding the words of Shakespeare when it comes to the on-going bonus controversy: Blame the lawyers. Recall that federal district judge Jed Rakoff has so far refused to approve a settlement between the SEC and Bank of America over the Merrill Lynch bonus near-scandal.
Wachtell Lipton on top of merger world
There are a lot fewer deals these days. And we've seen some massive change when it comes to investment banks and the mergers and acquisitions league tables. To that list, we can now add law firms. After a tumultuous year, Wachtell, Lipton, Rosen and Katz has landed on top.
Bloomberg report
Wachtel Lipton on Lehman Brothers
People will be debating the Lehman bankruptcy for years. Wachtell, Lipton, Rosen & Katz has weighed in with a memo to clients covering some lessons learned. Chief among them: Many of Lehman's counterparties "thought they were somehow protected form such a disastrous outcome--but were actually
