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The latest from Law.com - Newswire

• With Cleary Presiding, Nortel Patent Auction Could be Biggest Ever
• Senate Judiciary Hearing To Scrutinize Wal-Mart And Other Supreme Court Rulings
• House version of patent reform differs from Senate's over fee diversion
• Solo, Cravath Continue the Fight in 6-Year Battle to Win New Trial
• Powers Parts Ways With Weil, Gotshal, Will Start Own Firm
• Health Care Leads Pack of Booming Practice Areas
• SEC Convinces Ninth Circuit To Reinstate Gateway Exec Convictions
• Judges Address Distribution of Marital Assets Tainted by Fraud
• Judge Orders Unapologetic Conrad Black Returned to Prison
• WaMu Bank Bondholders Can Pursue Suit Against JPMorgan, Thanks to Reversal by D.C. Circuit
• Two Justices Enlisted to Muster Majority in WTC Bombing Case
• Ex-Judge Snyder Hit With Possible $2 Mil. Verdict in RICO Suit
• Ex-Welfare Recipient Given Chance to Prove Right to Keep Lottery

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With Cleary Presiding, Nortel Patent Auction Could be Biggest Ever	Top
With companies like Google and Apple expected to bid, bankrupt Nortel's auction of its last valuable asset -- a patent trove that could be key to the future of mobile computing -- could set a record for the most money ever raised in a single public sale of IP assets.
Senate Judiciary Hearing To Scrutinize Wal-Mart And Other Supreme Court Rulings	Top
Recent U.S. Supreme Court decisions on class actions, arbitration and securities litigation -- all of which were victories for the companies sued -- will come under Senate scrutiny this week during a hearing called by Senate Judiciary Committee Chairman Patrick Leahy.
House version of patent reform differs from Senate's over fee diversion	Top
Bills passed by the House and Senate would both change the U.S. patent system from a first-to-invent system into a first-to-file system, but there's lingering controversy about whether the patent office can keep all its fees and about provisions allowing for new patent challenges.
Solo, Cravath Continue the Fight in 6-Year Battle to Win New Trial	Top
After a hard-fought battle in which prosecutors accused one of New York's leading firms of unethical conduct, pro bono attorneys have convinced an appellate court to uphold a decision granting a new trial for a man who spent 14 years behind bars for a murder he insists he did not commit.
Powers Parts Ways With Weil, Gotshal, Will Start Own Firm	Top
Matthew Powers, co-chair of Weil, Gotshal & Manges' patent litigation group, is leaving Weil to start his own firm, which he said will focus on straightforward plaintiffs work but could eventually evolve into something like patent-holding company Round Rock Research. See related story: Paul Weiss Nabs 2 Weil Gotshal Partners for IP Litigation Practice
Health Care Leads Pack of Booming Practice Areas	Top
Health care, energy and financial services are the fastest-growing practice areas today, exhibiting growth in fees, billable hours, and increased recruiting or recent hiring based on workload, according to a marketing consulting firm that tracks those trends seminannually.
SEC Convinces Ninth Circuit To Reinstate Gateway Exec Convictions	Top
The Securities and Exchange Commission has won back two securities fraud jury verdicts against Gateway executives that were thrown out by a federal judge in 2007, thanks to a 9th Circuit ruling that there was substantial evidence to support the verdicts.
Judges Address Distribution of Marital Assets Tainted by Fraud	Top
The New York Court of Appeals has dealt a setback to federal agencies seeking to recover funds from the ex-wife of a man charged with securities fraud, ruling that state law may allow her to keep money she got in their divorce even if it was the proceeds of fraud.
Judge Orders Unapologetic Conrad Black Returned to Prison	Top
Former media mogul Conrad Black is headed back to prison after a federal judge ruled Friday that he had not served enough time for defrauding investors. Sentenced to 3 1/2 years, Black will be credited for more than two years he has already served.
WaMu Bank Bondholders Can Pursue Suit Against JPMorgan, Thanks to Reversal by D.C. Circuit	Top
The D.C. Circuit has reversed a district court ruling and held that a group of bondholders sitting on $35 million face amount of debt of defunct Washington Mutual Bank can proceed in court with their sensational allegations that JPMorgan Chase schemed to take advantage of WaMu.
Two Justices Enlisted to Muster Majority in WTC Bombing Case	Top
Unable to muster enough judges for a decision, the New York Court of Appeals has ordered a rare re-argument in the case over the extent of the Port Authority of New York and New Jersey's negligence for the 1993 terrorist bombing of the World Trade Center.
Ex-Judge Snyder Hit With Possible $2 Mil. Verdict in RICO Suit	Top
Attorney Bernard Snyder has been hit with a verdict that could total more than $2 million in a civil RICO suit in which State Farm Mutual Auto Insurance accused him of masterminding a massive scheme to pad auto accident cases with bogus medical records.
Ex-Welfare Recipient Given Chance to Prove Right to Keep Lottery	Top
A former welfare recipient who was required to work for his benefits will get a shot at hanging onto his $10,000 lottery prize if he can show that his earnings at the federal minimum wage were greater than the value of his assistance, a New York state appeals court has decided.

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