Hints and tips:
...The Class E units were rendered worthless under the terms of the Rithm deal, according to Sculptor, prompting four holders to sue, claiming they are now worth $127mn....
...He joins from Kramer Levin. Orrick has hired John Donaleski from White & Case as a partner in the law firm’s energy and infrastructure practice in New York....
...Senators Elizabeth Warren, Charles Schumer and Carl Levin are among the lawmakers who have also urged the SEC to quickly finish the rule....
...Carl Levin, a senior Democratic senator from Michigan and chairman of the Senate permanent subcommittee on investigations, said action was needed to end conflicts of interest in the US stock market....
...“What [it] really means is that any time there is a rating change, somebody can sue us, even if the business environment has changed or the economic environment has changed or the business is doing something...
...Philip Bentley, a lawyer at Kramer Levin, who is representing investors who may be asked to return money they withdrew from Mr Madoff’s firm’ said “Mr Picard has a fiduciary duty to recover as much money...
...Professor Marianne Levin, an expert on intellectual property rights at Stockholm University, said that when items were identical,it was not a problem to prove infringements of registered designs....
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