Amid Bear Stearns Rubble, Lawyers Swoop In

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Publish Date:
March 18, 2008
Author(s):
Source:
The New York Sun
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Summary

Professor Joseph A. Grundfest is quoted in The New York Sun about lawsuits that are following in the wake of the Bear Stearns buy-out by J.P. Morgan and the question of its liability:

“If you want the company, you have to also buy the litigation,” a professor of securities law at Stanford Law School, Joseph Grundfest, said. “It’s like the dowry that goes with the bride.”

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