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Wednesday, March 16, 2011

Y! Alert: Law.com - Newswire


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'Soft bounce' in entry level associate hiring, NALP reports Top
New figures from the National Association for Law Placement show that offer rates to summer associates rose from the historic low of 69 percent in 2009 to 87 percent in 2010.
 
Adviser: Howrey's End Wasn't Foregone Conclusion Top
When Latham & Watkins partner Peter Gilhuly was contacted by Howrey Chairman Robert Ruyak last December to advise the troubled firm on its options, dissolution wasn't part of the initial discussion.
 
Baker Botts Picks Up 32-Lawyer Howrey Antitrust Group Top
Baker Botts has hired a team of 32 antitrust lawyers from Howrey, including former Howrey vice-chair Sean Boland and two former assistant U.S. attorneys general. Such a sizeable lateral group is unusual for Baker Botts.
 
St. Joe Scores Big Win in Gulf Oil Spill Jurisdictional Spat: Delaware Judge Keeps Developer's Case Against Transocean Out of New Orleans MDL Top
In what appears to be the first big setback for major defendants fighting to restrict their Gulf oil spill liability to the New Orleans MDL, a federal judge has remanded a Florida property company's suit against Transocean back to Delaware.
 
Issa Subpoenas Records On Former SEC General Counsel Top
Rep. Darrell Issa has issued a subpoena to Bernard Madoff trustee Irving Picard, requesting all documents related to former SEC general counsel David Becker's ties to Madoff, including information on Madoff accounts held by Becker's parents.
 
Gibbs & Bruns Wins $116 Million Verdict for V&E Partner in Contract Dispute with Texas Oil Biz Billionaire Top
Vinson & Elkins partner D. Bobbitt Noel Jr. was the winning plaintiff in a $116 million jury verdict in a suit alleging fraud and breach of fiduciary duty against oil billionaire Trevor Rees-Jones and Devon Energy.
 
Federal Circuit erects high standard for false labeling complaints Top
In a unanimous decision, the Federal Circuit has found that plaintiffs who sue companies for falsely labeling products as covered by patents must file complaints with the same particularity as fraud cases.
 
Court Employee Loses Bid to Get Spousal Benefits Top
Without weighing in on the constitutionality of the Defense of Marriage Act or the Obama administration's position on gay marriage, a California judge has rejected a federal court employee's effort to get federal health benefits for her wife.
 
Hedge fund founders charged with fraud Top
The SEC on Tuesday charged New York-based Juno Mother Earth Asset Management and its two founders with running a "multi-faceted" scheme to defraud clients of up to $1.8 million.
 
Widener law professor faces renewed charges over classroom conduct Top
A faculty panel's recommendation to dismiss charges that Widener law professor Lawrence Connell made racist and sexist comments in class has not ended the wrangling over his position at the school.
 
Judge Urges Negotiation Instead Of Litigation in Asbestos Motions Top
Instead of hearing argument on motions that could drastically change how asbestos cases are litigated in Philadelphia, a judge asked defense and plaintiffs lawyers to negotiate a new form of case management for asbestos cases.
 
Ansel Adams Trust Settles Dispute Over Garage Sale 'Lost Negatives' Top
The Ansel Adams Publishing Rights Trust has reached a settlement with a man who claims to have made a garage-sale purchase of glass negatives created by the famed photographer.
 
Avoid Credit History Pitfalls When Making Employment Decisions Top
Credit histories can be a tempting source of information on employees and job applicants, but use of that information poses legal risks for employers, as explained by Jenner & Block's Carla Rozycki and Emma Sullivan.
 

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