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Wednesday, July 13, 2011

Y! Alert: Law.com - Newswire


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Casey Anthony defender says holes in state's forensics case help explain acquittal Top
Behind the acquittal of Casey Anthony was a defense team of Florida attorneys initially pegged as the underdogs. Dorothy Clay Sims -- who some described as the good cop to Jose Baez's bad cop -- spoke to The National Law Journal about the team's strategy and the outcome. See related story: Jury Experts Fret About Backlash Against Casey Anthony Jurors
 
Merger Objection Suits on the Rise, Even Before M&A Boom Top
In 2010, the nationwide number of merger objection suits, in which disgruntled shareholders of a company that's being acquired sue because they believe the terms of the merger to be unfavorable, jumped 55 percent to 335, according to Advisen.
 
More Investors Challenge $8.5 Billion BofA Deal; Grais and Others Move to Intervene for Six Federal Home Loan Banks Top
On Wednesday six of the nation's federal home loan banks filed what looks to be the biggest challenge yet to Bank of America's proposed $8.5 billion settlement with the trustee for holders of Countrywide residential mortgage-backed securities.
 
MGA defends $108 million fee award in Bratz fight, documents show Top
MGA Entertainment, which requested $161 million in attorney fees and costs following its $88.5 million verdict against Mattel, has acquiesced to a discovery master's recommendation that it collect $108 million in attorney fees, according to court documents.
 
Another Lesson of News Corp Scandal: Beware Multi-Jurisdictional Bribery Top
The U.K. hacking scandal should be a message to all companies operating in multiple jurisdictions: Shore up your compliance or face multijurisdictional consequences. An expert in corporate corruption notes News Corp. faces actions in the U.K., the U.S. and Australia.
 
Sidley Wins Additional Damages, Sanctions in SynQor Patent Case, Upping Award to over $110 Million Top
In four post-trial rulings issued this week, a federal judge has increased the damages owed to SynQor to over $110 million and offered a pretty clear hint that he's not about to vacate the jury's $95.2 million patent infringement verdict anytime soon.
 
Milk Money: $140 Million Dairy Settlement a Likely Boon to Howrey Estate Top
A group of former Howrey lawyers, now employed by Baker & Hostetler, have reached a settlement worth up to $140 million with milk and dairy producer Dean Foods in an antitrust class action filed on behalf of 7,200 dairy farm plaintiffs.
 
After Two Decades of Litigation, Energy Department Settles 139 Hanford Radiation Claims Top
The Department of Energy has tentatively agreed to settle 139 suits brought by people who claim that radiation from Washington state's Hanford Nuclear Reservation gave them thyroid disease. About 1,350 plaintiffs remain in the litigation, which has been pending for 21 years.
 
Use of GPS Data Against Cabbie Not Privacy Violation, Judge Says Top
Prosecutors' use of global positioning system data to track the movements of a New York City taxi driver accused of overcharging almost 300 passengers did not violate the driver's Fourth Amendment right to privacy, a Manhattan judge has ruled.
 
Freddie Mac GC Robert E. Bostrom Headed to SNR Denton Top
Robert Bostrom, general counsel of much-maligned Freddie Mac, is leaving July 29 to become partner and co-head of SNR Denton's financial-institutions sector. Bostrom has been seen as a steadying influence on a company that has seen four CEOs in the past six years.
 
Second Scott Rothstein auction features cars, jewelry Top
Prospective buyers recently previewed an auction of former law firm head Scott Rothstein's spoils, including 200 designer watches. Sales will repay Rothstein's Ponzi scheme victims -- a good intention that one person nevertheless likened to "a pimple on the ass of an elephant."
 
AJC Prevails in Richard Jewell Case Top
A Georgia appeals court has affirmed the dismissal of libel claims against the Atlanta Journal Constitution brought by the estate of Richard Jewell, who found a bomb at the 1996 Olympics, only to be suspected of planting it himself. He was later cleared.
 
3rd Circuit Sticks to Prediction That Pa. Will Adopt 'Third Restatement' Top
The defendant in a products liability case can rely on evidence that a product satisfied the standards of the U.S. Consumer Product Safety Commission, the 3rd Circuit has ruled, reaffirming its prediction that Pennsylvania courts will ultimately adopt the Restatement (Third) of Torts.
 
Hunton Downsizes London Office Following Partner Exodus Top
Hunton & Williams has downsized its London office after a series of partner departures dragged attorney headcount in the office down 60 percent in less than three months. A total of nine staff positions have been eliminated in an attempt to refocus the practice after the loss of five energy and corporate partners to rival U.S. firms.Visit International News
 

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