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United States: Judge Questions Efficacy Of Boolean Search And Invites Parties To Consider "More Innovative" Techniques - Drinker Biddle & Reath LLP

The Hon. Shira A. Scheindlin, of the United States District Court for the Southern District of New York, has ordered the federal government to try again to collect documents responsive to requests issued under the Freedom of Information Act (FOIA) in Nat’l Day Laborer Org. Network v. U.S. Immigration and Customs Enforcement Agency.

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Found more than 1 month ago on channel Mondaq

United States: Executive Life Insurance Company Of New York (ELNY) Appeal Denied, Further Appeal Sought - Drinker Biddle & Reath LLP

The long ELNY saga continues, at least for the time being, with two recent developments.

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Found 1 month ago on channel Mondaq

Blackstone seen sticking with SAC despite insider trading probe

NEW YORK - One of hedge fund billionaire Steven A. Cohen's largest outside investors, private equity firm Blackstone Group LP, appears inclined to keep its money with his SAC Capital Advisors, even as the U.S. government scrutinizes the fund in its ongoing insider trading probe.

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Found more than 1 month ago on channel Reuters

United States: Second Circuit Rejects Government’s Off-Label Enforcement Approach - Drinker Biddle & Reath LLP

Last week’s decision in the off-label promotion case, United States v. Caronia, No. 09-5006-cr (2d Cir. Dec. 3, 2012), is an important blow to the Government’s off-label promotion efforts.

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Found more than 1 month ago on channel Mondaq

Foreign demand for U.S. assets weak: Treasury

NEW YORK - Foreigners ditched U.S. equities and cut mortgage-backed debt in October in favor of government bonds, U.S. Treasury data showed on Monday, as market and global economic uncertainty increased.

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Found more than 1 month ago on channel Reuters