A federal judge on Tuesday dismissed a high-profile foreign bribery prosecution as he questioned the government's litigation tactics and legal theories underpinning the case. "This appears to be the end of a long and sad day in the annals of white-collar enforcement," U.S. District Judge Richard Leon said in court, several hours after prosecut […]

Simpson Thacher & Bartlett is acting for London-based private equity giant BC Partners on one of the largest fundraising efforts in Europe since the global financial crisis began in 2008. BC has closed its BC European Capital IX fund after surpassing its target of raising $8.6 billion for leveraged buyouts. […]

The D.C. Circuit has refused to erase an SEC order permanently barring a lawyer from associating with an investment adviser or an investment company. The court said the commission didn't step out of line when it issued its permanent bar in 1998 against John G. Black. […]

An attorney for MGA Entertainment, citing a "last effort" to prove that Barbie maker Mattel has monopolized the fashion doll market, has vowed to appeal a federal judge's final dismissal of his client's $1 billion antitrust suit. […]

The Supreme Court announced Tuesday it would revisit the divisive issue of affirmative action in higher education. But it will do so without Justice Elena Kagan, who recused herself, and without Justice Sandra Day O'Connor, who retired in 2006 after rescuing affirmative action from conservative attack three years earlier. […]