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The latest from Law.com - Newswire

• Bonds Team Seen as Having 'Powerful' Appellate Argument
• Gibson Dunn Wins Sanctions Against SunTrust in AIG Mortgage Insurance Fraud Suit
• DOJ Pitches GPS Surveillance Case to Supreme Court
• Regulators largely spared budget ax
• Unions Told to Expect 400 to 500 Layoffs
• House passes overhaul of state courts system
• Belly Dancing Blogs Doom Ex-Wife's Bid for Maintenance
• Bank of America Taps Gary Lynch as Global CLO
• Walker Defends Hitting 'Play' on Prop 8 Video
• Suits claim banks forced mortgagees to buy excessive flood insurance
• No Prison Time for Convicted InterMune Executive
• Approval of Evidence Rules Rewrite Ends 20-Year Quest
• It's Complicated, Says Judge, as He Delays Trial of WellCare Ex-GC
• To Collect on Time-Barred Debt Claims, Ask Firmly but Don't Threaten To Sue

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Bonds Team Seen as Having 'Powerful' Appellate Argument	Top
Allen Ruby and Cristina Arguedas were center stage at Barry Bonds' perjury trial. But getting Bonds out of trouble now falls mainly to Dennis Riordan and Donald Horgan, as the defense team focuses on undoing the obstruction-of-justice conviction.
Gibson Dunn Wins Sanctions Against SunTrust in AIG Mortgage Insurance Fraud Suit	Top
A judge has sanctioned SunTrust's mortgage division and criticized the bank's lawyers, concluding a SunTrust employee altered emails that in-house lawyers and senior management knew were apt to be at the center of AIG insurance fraud litigation.
DOJ Pitches GPS Surveillance Case to Supreme Court	Top
The Justice Department on Friday urged the Supreme Court to resolve a conflict among federal appellate courts over whether law enforcement officers must obtain a warrant before using GPS technology to covertly follow a person.
Regulators largely spared budget ax	Top
The fight has only just begun over the budget deal passed by Congress. The deal includes a record $38 billion in wide-ranging spending cuts, ushering in what is likely to be a new era of austerity for federal programs.
Unions Told to Expect 400 to 500 Layoffs	Top
New York state's court system has notified employee unions that it expects to lay off 400 to 500 workers by June 1 due to recent budget cuts. The layoffs will represent the first substantial reduction in force for the courts in 20 years.
House passes overhaul of state courts system	Top
On a party-line vote, the Florida House has passed legislation that would expand the state Supreme Court from seven to 10 members and split them evenly into divisions for criminal and civil appeals. The legislation now goes to the Senate.
Belly Dancing Blogs Doom Ex-Wife's Bid for Maintenance	Top
A woman's penchant for blogging about her belly dancing has ruined her chance for monthly support payments from her ex-husband, who presented the blogs to a judge to counter the woman's claims she couldn't work after a car accident.
Bank of America Taps Gary Lynch as Global CLO	Top
Bank of America announced Friday it has named Gary Lynch -- formerly with Morgan Stanley, Credit Suisse, Davis Polk and the SEC -- to the new post of global chief legal officer, to focus on legal, compliance, and regulatory relations.
Walker Defends Hitting 'Play' on Prop 8 Video	Top
In a letter to the 9th Circuit, former U.S. District Judge Vaughn Walker has defended his decision to show footage of the Proposition 8 trial at public events, saying he considered the recording part of his judicial papers.
Suits claim banks forced mortgagees to buy excessive flood insurance	Top
Nichols Kaster has filed a mini-wave of lawsuits against banks for allegedly forcing mortgagees into exorbitant flood insurance policies, with five purported class actions in four states since March 2010.
No Prison Time for Convicted InterMune Executive	Top
Shooting down prosecutors' request for a 10-year prison sentence and a $1 million fine, a federal judge last week gave convicted former InterMune executive W. Scott Harkonen three years of probation and a $20,000 fine.
Approval of Evidence Rules Rewrite Ends 20-Year Quest	Top
The State Bar of Georgia on Thursday won legislative approval of its proposed rewrites of the state's 148-year-old evidence rules, completing a 20-year quest that ran into last-minute trouble last week.
It's Complicated, Says Judge, as He Delays Trial of WellCare Ex-GC	Top
A judge has postponed until at least this fall the trial of ousted WellCare Health Plans general counsel Thaddeus Bereday and four other former executives, after finding the case too complicated to meet the original May trial date.
To Collect on Time-Barred Debt Claims, Ask Firmly but Don't Threaten To Sue	Top
Creditors can try to collect a debt even if the statute of limitations has passed, so long as they do not sue or threaten to sue, the 3rd U.S. Circuit Court of Appeals has ruled in a case of first impression.

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