company town

The Charney Conspiracy

LAW
• Aaron Charney filed his long-awaited amended complaint against Sullivan & Cromwell. His new suit contains allegations of emotional distress and conspiracy. [New York Law Journal]
• Things are getting ugly at the Harvard Law Review — the new president has a “decidedly fascist approach to leadership,” complains one staffer. [Above the Law]
• Australia’s Slater & Gordon is the world’s first publicly traded law firm. [Law Blog/WSJ]

MEDIA
• If he can’t get the Bancroft family behind him, Rupert Murdoch may walk away from his attempt to buy Dow Jones. [Bloomberg]
• Jill Abramson, the Times managing editor, is suing the Pennsylvania truck driver who ran over her foot at Seventh Avenue and 44th Street. [NYS]
• Lockhart Steele will leave as managing editor of Gawker to focus solely on his own blog network, Curbed. Gawker Media is an investor in the venture. [FisbowlNY/Mediabistro.com]

FASHION
• Irina Lazareanu is shooting and styling upcoming issues of V and Vogue. [Flypaper]
• Saks’ profit fell 86 percent in the first quarter. [NYT]
• Marc Jacobs gave up on all his vices, except cigarettes. [Fashion Week Daily]

FINANCE
• Jonathan Weil, one of the first reporters to question Enron, has resigned from corporate governance consultant Glass Lewis in protest over the firm’s new parent company. [NYP]
• Are Blackstone funds generating lower returns, just in time for an IPO? [DealBreaker]
• The squawk-box case is back! After the first trial ended in a hung jury, seven defendants will face a second trial on conspiracy to commit insider trading. [Bloomberg]

The Charney Conspiracy