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Friday, April 15, 2011

Y! Alert: Law.com - Newswire


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Feds Re-Indict Former Glaxo In-House Lawyer Top
Federal prosecutors said Thursday they have re-indicted the former associate general counsel of GlaxoSmithKline on charges of obstruction and making false statements during a federal inquiry into company practices.
 
Fight over $315 Million Vioxx Attorneys Fee Fund Heats Up Top
A major fee battle accelerated this week, with demands that several plaintiffs lawyers be disqualified, on conflict of interest grounds, from defending their allocation of Vioxx fees among plaintiffs firms.
 
Prop 8 Proponents Want Walker to Turn Over Trial Video Top
Upset that former federal Judge Vaughn Walker showed a recorded snippet of the Proposition 8 trial during a speaking engagement, Prop 8 supporters are asking the 9th Circuit to make Walker turn over the recording and refrain from showing it again.
 
Andrews Kurth Sued for Malpractice Over Allen Stanford Work Top
Real estate investment firm Walton Houston Galleria Office claims that Andrews Kurth neglected to inform the company about an SEC investigation into another one of the firm's clients, R. Allen Stanford, whose company took out space in a key Walton property.
 
Breyer, Kennedy Testify on Budget, Tweeting, and the Supreme Court's Front Door Top
The Supreme Court's annual budget hearing before a House subcommittee also included one justice's Twitter disclosure, as well as a discussion of law clerk hiring, the Court's closed front doors and a conduct code for the justices.
 
Banks Pledge More Control of Lawyers in Foreclosures Top
Sixteen of the United States' largest mortgage servicers have pledged to exercise tighter control over the law firms they hire to represent them in foreclosure actions under a settlement announced by federal bank regulators.
 
Ninth Circuit Reinstates Securities Claims Against Broadcom Auditor Ernst & Young Top
The 9th Circuit's reinstatement of class action securities claims against Ernst & Young appears to be the first decision to find that a backdating plaintiff adequately pleaded that an outside auditor acted with scienter.
 
Federal Circuit upholds recent precedent on joint infringement, but two judges object Top
A divided Federal Circuit ruling shows the fragility of the court's recent precedent for joint infringement. The Tuesday ruling is remarkable for one judge's two-sentence concurring opinion disputing that precedent and a vehement dissent by another judge.
 
Carolina Combo: Womble Carlyle Merges With 44-Lawyer Charleston Firm Top
North Carolina-based 500-lawyer Womble Carlyle has acquired 44-lawyer Buist Moore Smythe McGee, one of the oldest and largest firms in Charleston, S.C. The merger, effective April 30, creates the largest firm in the Carolinas.
 
White House Scratches Its Head Over Some ABA Ratings of Judicial Nominees Top
Conservative lawyers have for years criticized the ABA for what they consider to be an uneven system for evaluating judicial nominees. Now, White House counsel Robert Bauer says he's seeing the same thing.
 
Once Again, MBS Plaintiffs Stymied by Three-Year Statute of Repose Top
A New York federal judge has refused to toll the three-year statute of repose for securities claims in a class action involving Lehman Brothers.
 
Fullam Clears Way for Appeal in Profs' Suit Against West Top
The law professors whose $5 million defamation verdict against West was reduced to $400,000 have won the right to take an immediate appeal. Significantly, the judge in the case agreed to reconsider the use of remittitur in reducing the verdict.
 
Madoff Bankruptcy Judge Orders Names Unsealed in Trustee Suits Against JPMorgan, Citi, and Others Top
A federal bankruptcy judge has ordered court-appointed trustee Irving Picard to unseal identifying information in his complaints against JPMorgan Chase, Citigroup and others, rejecting arguments that doing so would amount to defamation.
 
Early Mistrial in Legal-Mal Case Top
A Georgia judge said last-minute defense objections to testimony by an expert witness for the plaintiffs left her no choice but to declare a mistrial because the plaintiffs lawyers refused to drop the testimony.
 
4th Circuit affirms award to claimed creator of 'Flip This House' Top
A federal appeals court has affirmed a $4 million jury verdict for a South Carolina real estate broker who claims to have created the concept for "Flip This House," a reality TV show on A&E.
 

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