Word: cravath
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...Microsoft trial, Boies would arrive with a bag of bagels and eat only the insides of each, leaving the crusts piled on his plate--"as if a four-year-old had just had breakfast," recalls Klein. One of the youngest people ever made partner (at age 31) at Cravath, Swaine & Moore, Boies became famous for successfully defending IBM against a massive antitrust suit. In another high-profile case, in the early 1980s, he defended CBS against General William Westmoreland's libel suit. Boies was so impressive that reporters took to humming the theme from Jaws whenever he rose to cross...
Raskin also manages to take a few sharp digs at CLS itself, nothing that the movement has quickly managed to incorporate itself into the status quo. "It is often said that you can tell CLS militants because they tie up the Xerox machine at Cravath, Swain & Moore," he remarks, suggesting that the movement lacks a sense of purpose...
Texaco's DeCrane immediately called a press conference in White Plains to say that unless the company got new legal relief from having to post a $10 billion bond, it might be forced into bankruptcy proceedings. The company's legal team, led by David Boies of Manhattan-based Cravath, Swaine & Moore, obtained a temporary restraining order in Texas that barred Pennzoil from making any moves to seize Texaco's assets. Meanwhile, Kinnear called Pennzoil's Liedtke and asked for a face-to-face meeting in Houston. Liedtke agreed...
That's all not well and bad, and Adler gets no argument from anyone for criticizing Time's sloppiness and CBS's unethical journalistic practices. She is also on solid ground criticizing the overly agressive tactics of Cravath lawyers and the decision by both defendants to defend to the hilt stories they knew were far from unimpeachable...
...Media may well be unjustifiably arrogant and self-confident. But does Adler really want to make it easier for plaintiffs to win libel suits? Time and CBS can afford Cravath's impressive services. But what about the Podunk Daily Herald? In a "coda" to the book Adler does acknowledge that any changes in the libel laws, especially under the new Supreme Court, would likely be a change for the worse. What she doesn't mention is an interesting, and relevant, bit of her past...