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Preview 2013 (UK law)

  • Herbert Smith Freehills LLP
  • -
  • European Union, United Kingdom
  • -
  • January 15 2013

2013 will herald some significant changes to the UK legal arena, notably in the corporate area in relation to executive remuneration and narrative

Morgan Stanley to disgorge profits earned from anticompetitive derivative agreements

  • Hogan Lovells
  • -
  • USA
  • -
  • December 9 2011

On 30 September 2011, the Department of Justice (DOJ) announced a settlement with Morgan Stanley, describing it as a "signal to the financial services community that use of derivatives for anticompetitive ends will not be tolerated."

For the first time, a court sanctions disgorgement remedy for Sherman Act violation

  • Bracewell & Giuliani LLP
  • -
  • USA
  • -
  • February 9 2011

On February 2, 2011, the United States District Court for the Southern District of New York entered a Final Judgment relating to a settlement reached with KeySpan Corporation ("KeySpan") of a Department of Justice ("DOJ") Complaint regarding certain activity allegedly engaged in by KeySpan in the electric generating capacity markets in New York City (the "Order"