Articles Written by:    DAN SLATER     

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Bank of America Loses Thain, Gains a Shareholder Suit

Merrill Lynch Chairman and CEO John Thain, left, and Bank of America Chairman and CEO Ken Lewis, Sept. 15, 2008. (AP) There appears to be some serious fallout over last week’s news that BofA returned to the Fed’s rescue trough amid the realization that ...

From DAN SLATER, Wall Street Journal,  22 Jan 2009
Related Topics: Merrill Lynch,  Kenneth D Lewis,  Wall Street Journal

‘Gangster-Style’ Business Ops Jack Up Kaye Scholer Bankruptcy Bill

WSJ.com on law and business and the business of law. AmLaw Daily has a fun item about Kaye Scholer’s representation of the trustee of bankrupt music producer Death Row Records, which was co-founded by Dr. Dre and Marion “Suge” Knight (pictured). ...

From DAN SLATER, Wall Street Journal,  22 Jan 2009
Related Topics: Tupac Shakur,  Dow Jones,  Wall Street Journal

GOP Delays Holder Confirmation, Paul Weiss Gets Fannie GC and More

WSJ.com on law and business and the business of law. A holding pattern for Holder: When it came to shuttering Gitmo, Obama was quick out of the gate. But he’ll have to give his nominee for Attorney General a few days to catch up. Yesterday, Senate ...

From DAN SLATER, Wall Street Journal,  22 Jan 2009
Related Topics: U.S. Republican Party,  Senate Judiciary Committee,  Fannie Mae,  Barack Obama,  Rudy Giuliani

Cadwalader to Cut Nine Associates

WSJ.com on law and business and the business of law. A spokeswoman for Cadwalader has confirmed that it’s laying off 3 associates in its New York office and six in its Charlotte office. “Cadwalader confirms limited terminations of a few associates ...

From DAN SLATER, Wall Street Journal,  22 Jan 2009
Related Topics: Wall Street Journal,  Dow Jones,  Digg,  Facebook Inc.

SEC Interested in “Steve Jobs Health” Factor

WSJ.com on law and business and the business of law. Last week, the investing community dwelt on the when the Apple CEO, just a week after reassuring investors and employees about his health, revealed, somewhat cryptically, that he has a more ...

From DAN SLATER, Wall Street Journal,  22 Jan 2009
Related Topics: Steve Jobs,  Tom Perkins,  Wall Street Journal,  Dow Jones,  Digg

Goodbye, Gitmo? Judges Accept Obama’s Request to Halt Trials

As we highlighted this morning, in yesterday’s inaugural address, President Obama said: “We reject as false the choice between our safety and our ideals.” For Obama, it seems, the U.S. detention facility at Guantanamo Bay represents that “false choice.” ...

From DAN SLATER, Wall Street Journal,  21 Jan 2009
Related Topics: Barack Obama,  George W. Bush,  Omar Khadr

Child Online Protection Act Gets No Love from High Court

WSJ.com on law and business and the business of law. Back in July, we mentioned that the Third Circuit effectively took a whack at social conservatives when it affirmed a lower court ruling striking down COPA, or the , a 1998 law intended to protect ...

From DAN SLATER, Wall Street Journal,  21 Jan 2009
Related Topics: Andrew Cuomo,  Eliot Spitzer,  Citigroup,  J.P. Morgan Chase & Co.,  Wells Fargo

Weekend at Bernie’s: A Look at Key Madoff Lieutenant, and More . . .

WSJ.com on law and business and the business of law. It took a presidential inauguration to push the Bernie Madoff scandal from the front page. But now Bernie’s back in the news. Prosecutors are investigating Frank DiPascali Jr., a key lieutenant ...

From DAN SLATER, Wall Street Journal,  21 Jan 2009
Related Topics: Bernard Madoff,  Wall Street Journal,  Dow Jones

Pre-Gaming a Possible Makeover of Restructuring Laws

In this era of restructuring, bankruptcy experts tell the Journal, new laws designed to ease the process could aide in an economic recovery. Changes made to the U.S. Bankruptcy Code three years ago have made it more difficult to restructure. Jay ...

From DAN SLATER, Wall Street Journal,  21 Jan 2009
Related Topics: Barack Obama,  Lehman Brothers

When Lawyers Criticize Judges, How Vague Must They Be?

When a lawyer openly criticizes a judge on, say, a radio show, how far is too far? A rather interesting 2-1 decision from the Sixth Circuit Court of Appeals addresses that issue head-on. The case concerns Michigan lawyer Geoffrey Fieger, whom many ...

From DAN SLATER, Wall Street Journal,  21 Jan 2009
Related Topics: Geoffrey Fieger,  Jack Kevorkian

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