Fed's E-Mails at AIG Trial Reveal Worry About Bailout Deal
- N.Y. Fed May Mandate Loan Buybacks. // American Banker;8/5/2010, Vol. 175 Issue 120, p16
The article notes that the U.S. Federal Reserve Bank of New York could require banks to repurchase assets acquired through the bailout of firms such as Bear Stearns Cos. and American International Group Inc.
- Court Dismisses Lawsuit Over AIG Bailout. // American Banker;11/21/2012, Vol. 177 Issue 178, p7
The article gives information about Starr International Co.'s lawsuit against the Federal Reserve Bank of New York concerning American International Group (AIG) Inc.'s bailout and notes the case was dismissed by U.S. District Judge Paul Engelmayer.
- THE "INNOCENT SHAREHOLDER": AN ESSAY ON COMPENSATION AND DETERRENCE IN SECURITIES CLASS-ACTION LAWSUITS. Mitchell, Lawrence E. // Wisconsin Law Review;2009, Vol. 2009 Issue 2, p243
One of the persistent tropes in the debate over the desirability of private securities class-action lawsuits is that innocent shareholders pay the damages. The claim that shareholders are indeed innocent has rarely been examined. In this Paper, I take the assertion seriously, tracing the use of...
- Attention to wording is essential to avoid securities lawsuits. Mooney, Elizabeth V. // RCR;12/15/97, Vol. 16 Issue 49, p19
Reports that following the enactment of the Private Securities Litigation Reform Act of 1995, the caliber of federal cases has improved but the number of cases are still high. Consequences of the burden of proof required by the law for a plaintiff to sue in federal courts; Comments from Larry...
- Ruling widens IPO liability. Ceniceros, Roberto // Business Insurance;09/13/99, Vol. 33 Issue 37, p2
Reports on a United States federal appeals court ruling which could help shareholders who sue in the wake of initial public offerings by allowing them to target an entity rather than its directors and officers. Decision in `Howard Hertzberg vs. Dignity Partners Inc.; Liability of companies for...
- Sanders v. Devine No. 14,679. // Delaware Journal of Corporate Law;1998, Vol. 23 Issue 3, p1409
Focuses on the Delaware Court of Chancery's decision in the lawsuit filed by a Ford Holdings Capital Corp. shareholder who claimed that he was induced to purchase preferred stock in the defendants' company by fraud and misrepresentation. Case background; Highlights of the court's decision.
- A THEORY OF REPRESENTATIVE SHAREHOLDER SUITS AND ITS APPLICATION TO MULTI JURISDICTIONAL LITIGATION. Thomas, Randall S.; Thompson, Robert B. // Northwestern University Law Review;Fall2012, Vol. 106 Issue 4, p1753
We develop a theory to explain the uses and abuses of representative shareholder litigation based on its two most important underlying characteristics: the multiple sources of the legal rights being redressed (creating dynamic opportunities for arbitrage) and the ability of multiple shareholders...
- PREPARE FOR SHAREHOLDER CLAIMS. McLeod, Douglas // Business Insurance;10/27/2014, Vol. 48 Issue 22, p0031
The article presents a warning about possible shareholder litigation in U.S. companies should Ebola turn into an outbreak, and mentions the most vulnerable industries, and directors and officers liability insurance.
- Statutory Fair Value Must Account for Pending Shareholder Derivative Suit. // Business Valuation Update;May2009, Vol. 15 Issue 5, p15
The article discusses a court case wherein a minority shareholder demanded for the dissolution of the company he participates in due to an alleged breach of fiduciary duties committed by the company. It states that the plaintiff also accused company owners of using assets for their own gain....