Amid Bear Stearns Rubble, Lawyers Swoop In
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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