Ropes & Gray LLP

General Civil Practice. Antitrust, Banking, Bankruptcy and Creditors' Rights, Corporate, Employee Benefits, Environmental, Estate Planning and Probate, Health and Hospital, Labor, Life Sciences, Litigation and Appeals in all Courts, Municipal Bonds, Private Equity, Public Utilities, Real Estate, Securities, Taxation and Trusts.

Appeals Court Rejects Mutual Fund Excessive Fee Claims, Adopting New Standard for Evaluation of Fees
John D. Donovan, Robert A. Skinner, June 16, 2008
In a significant setback for plaintiffs' lawyers taking aim at advisory and distribution fees, the U.S. Court of Appeals for the Seventh Circuit on May 19, 2008, affirmed the grant of summary judgment to Harris Associates - the manager of the Oakmark Family of Funds - on a claim that its fees were...

Massachusetts Legislators Propose Tax on Endowment Funds
Peter C. Erichsen, Christopher A. Klem, Anne Phillips Ogilby, June 16, 2008
Many colleges and universities are taking note that state legislators in Massachusetts are supporting a tax on endowment funds as a new source of revenue to close a state budget deficit.

Stark Rule's 'Stand in the Shoes' Provisions Pushed Back, for Some, to December 2008
Nancy E. Forbes, Mitchell J. Olejko, Stephen A. Warnke, November 20, 2007
In a notice to be published in the Federal Register on November 15, 2007 and effective immediately upon publication, the Centers for Medicare and Medicaid Services ("CMS") will delay until December 4, 2008, the application of the "stand in the shoes" provisions added in the...

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