With the temperatures reaching mind-bending levels, we
considered it advisable to stay inside, drink plenty of fluids, and limit our
exertions. So in lieu of a more elaborate post, we have simply noted some
mid-summer quick hits below.
Action against U.S.-Listed Chinese Companies
A group of former executives of a Lehman Brothers
subsidiary is seeking to block the bid by senior Lehman executives
to use $90 million of the remaining D&O insurance proceeds to settle the
cases pending against them. As discussed here ,
on August 24, 2011, the senior executives filed a motion...