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Friday, September 23, 2011

Y! Alert: National Law Journal


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The latest from National Law Journal


Epic stakes in mortgage war Top
Ultimately, the Federal Housing Finance Agency's recent lawsuits against 18 of the world's largest financial institutions on behalf of Fannie and Freddie may come down to one basic question: disclosure. Did the banks omit or misstate material information about the securities they sold to Fannie and Freddie?
 
Selective service Top
After a decade in Washington, Christopher Kang has managed to preserve relationships with key people across the aisle, and he's hoping to put that good will to use on behalf of Obama's judicial nominees.
 
New tool fights foreign crime Top
A new law that gave judges broader power to freeze foreign assets is facing a key constitutional test in a Washington federal court.
 
Reward offered in car bombing of attorney Top
Investigators have offered a $10,000 reward for information leading to the arrest and conviction of whoever was responsible for a car bombing that injured a lawyer and his two teenaged sons in Michigan.
 
Lobbying Prater Top
Mark Prater, the recently chosen staff director of the powerful deficit-reduction panel, will play a key role in developing the committee's recommendations on how to find at least $1.2 trillion in savings over the next 10 years. This will make him a prime lobbying target.
 
Joining the health care reform fray Top
Two elder statesmen of the tax law bar have joined in a brief that could help stall litigation against the Obama health care reform law until 2014 or later.
 
Lawsuit reinstated against Nixon Peabody partner Top
The Supreme Court of New Hampshire has revived claims of negligent infliction of emotional distress, fraudulent misrepresentation and vicarious liability against Nixon Peabody Boston partner Regina Rockefeller and the firm stemming from an attorney's wife's lawsuit.
 
Judge turns aside challenge to Voting Rights Act Top
A federal judge in Washington ruled on Sept. 21 that Congress acted within its authority in 2006 when it extended the Voting Rights Act, including a section that requires some states and localities to get permission before changing how they run their elections.
 
Judge losing patience with discovery pace in O'Melveny's fee fight with MGA Top
A Los Angeles judge appeared likely to impose discovery sanctions against MGA Entertainment Inc. in an increasingly contentious billing dispute with its former law firm, O'Melveny & Myers.
 
Prominent white-collar defender moves to Venable Top
Jan Handzlik, a prominent white-collar defense attorney in Los Angeles who has brought prosecutorial misconduct claims in a high profile Foreign Corrupt Practices Act case, has joined Venable LLP as a partner in the SEC/white-collar criminal defense group.
 
Attorney disbarred following computer sex sting Top
A former adjunct professor at George Washington University Law School was disbarred by the Maryland Court of Appeals on Sept. 19 after pleading guilty to attempting to seduce minors on the Internet.
 
Slideshow: 4th Annual Legal Times Awards Top
The fourth annual Legal Times Awards were held on Sept. 15, recognizing the top legal talent from around the Washington metropolitan area. This year's honorees included ten "champions," lawyers who upheld the legal industry's professional mission of public duty; ten "visionaries," including attorneys who have successfully guided their firms through a tough economy; and, for the first time, 20 of the most influential in-house counsel.
 
THE PRACTICE: Restyled evidence rules on expert testimony coming Top
Although changes are not substantive, counsel should be ready to practice under the rules, to take effect in December.
 
OPINION: Errors in eyewitness evidence Top
The high court should rule that witness certainty and other subjective factors should not be measured if doing so would impair the integrity of the inquiry.
 
OPINION: It's time to fix our sentencing laws Top
Years after the Supreme Court put the ball in Congress' court, commission can finally spur action.
 
THE CAREERIST: Family friendly, but so what? Top
Can big firms offer both ­quality of life and advancement — or is that just an illusion created by the firm's marketing department to suck you in?
 
LAW SCHOOLS: A SPECIAL REPORT Top
Law schools around the country are launching solo and small firm "incubators" — programs that helps recent graduates establish solo practices while also encouraging free or low-cost legal services to underserved communities.
 
SURVEY OF LAW FIRM ECONOMICS Top
Our national survey shows firms had a better 2010, and despite a hazy economy, they see promise in 2011.
 
E-DISCOVERY: The case for treating EDD like business as usual Top
Rather than wait for a lawsuit, companies should plan ahead to meet discovery obligations.
 

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