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Friday, October 21, 2011

Y! Alert: Law.com - Newswire


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Banks, FHFA debate how to coordinate 17 mortgage-backed securities suits Top
A federal judge is considering dueling proposals for how to handle suits brought by the Federal Housing Finance Agency against 17 of the world's biggest financial institutions over $200 billion in sub-par mortgage-backed securities. The banks, represented by 35 lawyers from nine elite firms, argue that the cases should be coordinated, while the government contends that the issues are fact-specific.
 
'Pivotal Role' for General Counsel in Corporate Political Activity Top
The machinations of the 2012 election cycle are fully in motion, and general counsel will be key in developing oversight for corporate political spending, as well as promoting transparency and accountability, according to the authors of a new report by The Conference Board.
 
Former MoFo Partner Pleads Guilty to Bilking Insurers, Schools Top
Jonathan Dickstein, a former Morrison & Foerster partner in San Francisco, could wind up in prison after pleading guilty to 31 felony counts stemming from a $400,000 scam he and his wife concocted based on their autistic son's education and medical treatment.
 
Judge rules MGA was too late with antitrust claims against Mattel Top
A federal judge has dismissed an antitrust suit brought by MGA Entertainment against Mattel, concluding that it raised allegations that were too similar to the claims in a related copyright case between the parties, but gave the Bratz doll maker an opportunity to amend its complaint.
 
Big law school loan provider getting out of the business Top
A change in federal student loan policy has forced Access Group, a nonprofit company that has been the largest single provider of loans to law students since 1983, to stop lending to new students and to shed most of its staff.
 
Janet Day on Law Firm IT 'Nirvana' Top
LTN reporter Evan Koblentz speaks with Berwin Leighton Paisner CIO Janet Day about her "concept of nirvana," in which the consumerization of IT in law firms -- where lawyers use and maintain their favorite devices for work -- makes the help desk unnecessary. Koblentz and Day also discuss Hewlett-Packard's move to become more consumer-focused as Apple potentially becomes more business-focused.
 
The Final Rothstein Auction Top
The third and final auction of items from Ponzi schemer Scott Rothstein features a stuffed lion, dozens of pricey shoes and dresses and a $3,000 Hello Kitty purse.
 
Doug Caddell on Foley & Lardner's Freedom of Computing Top
Doug Caddell, CIO at Foley & Lardner, speaks with LTN staff reporter Evan Koblentz at ILTA about his firm's policy of giving lawyers the freedom to buy the technology they need -- instead of dictating choices. Freedom of computing, he says, allows firms to focus more on business issues and less on infrastructure.
 
Appellate Lawyer of the Week: Jonathan Turley Top
When Jonathan Turley is not teaching at George Washington University Law School or blogging, he is a litigator whose cases can never be described as boring. In this video interview with Tony Mauro, Turley discusses his high-profile case on Utah's anti-polygamy law.
 
Jury Convicts on Four of Five Counts in Facebook Threat Case Top
A federal jury has found a Facebook user guilty of four counts of threatening his estranged wife, a kindergarten class, law enforcement authorities and an FBI agent, and not guilty of threatening patrons and employees of his former workplace.
 
1st Circuit: Hannaford customers can recover some foreseeable mitigation costs of data breach Top
Customers victimized by a data breach at supermarket company Hannaford Brothers can bring some negligence and implied contract claims against the company, a 1st Circuit panel has ruled. The breach involved the theft of up to 4.2 million debit card and credit card numbers.
 
Judge Denies Anonymity to Prop 8 Donors Top
A California federal judge has ruled against Prop 8 donors seeking an exemption from state campaign finance disclosure. In denying their motion for summary judgment, the judge found that Prop 8 proponents aren't members of a minority group that could suffer harm if their identities were exposed.
 
General Mills Feasts on Victory in Food Labeling Case Top
The 7th Circuit has dismissed a class action suit against General Mills over the labeling of its Fiber One breakfast bar. The company's general counsel calls it a "very important decision," that "provides clarity around what food manufacturers are required to do on consumer product labeling."
 
Old Principle Gets New Spin in UIM Case Top
It may be hard to imagine a meaningful connection between LeBron James' Twitter activity and the century-old "rescue doctrine," but such became clear when a plaintiffs attorney sought to apply the "context of the modern world" to the doctrine during arguments before the Pennsylvania Supreme Court.
 
Businesses Sue Lawyer, O'Quinn Firm Seeking $110 Million Top
Two businesses are seeking more than $110 million in damages in a negligence and breach of fiduciary suit against Russell T. Lloyd and his firm, John M. O'Quinn & Associates of Houston, over an allegedly "disastrous result" in underlying litigation in California and Alabama.
 
DOJ Settles Indian Trust Suit For $380 Million Top
The U.S. Justice Department is settling a long-running Indian trust suit for $380 million, resolving accounting and management claims the Osage Tribe of Oklahoma filed in 1999. The settlement designates $34.2 million for attorney fees.
 
Ruling Paves Way for Collective Arbitration of Pilots' Grievance Top
An arbitrator, not a court, must decide whether more than 700 JetBlue pilots can collectively arbitrate a salary dispute, a New York court has ruled, rejecting the argument that the Supreme Court's Stolt-Nielsen ruling precludes collective arbitration when not explicitly allowed by a contract.
 
Suit Drags on Against the Lawyer Who Wrote the Book On Legal Malpractice Top
Hilton Stein, the former dean of New Jersey legal malpractice lawyers who went bankrupt and has been on disability inactive status since 2002, is fighting to stave off trial of a nearly 10-year-old suit by a former client.
 
Panel Criticizes 'Tasteless' Questioning of Domestic Violence Victims Top
Six months after suspending an attorney for professional misconduct, a New York appellate panel has harshly criticized the same lawyer for his ineffective work and for subjecting two victims of domestic violence to "tasteless and irrelevant, even prurient" cross-examination.
 
Ousted Chamber of Commerce Official Sues, Alleging 'Old Boys Club' Sex Bias Top
A former New Jersey Chamber of Commerce executive is suing the organization, claiming it harbors a "culture of intoxication" that fosters lewd behavior toward female employees. The former VP alleges she endured retaliation and dismissal after reporting she had been sexually harassed.
 
Veteran Lawyers Expound on Value of Public Service Top
Federal appeals court Judge David Tatel and U.S. Solicitor General Donald Verrilli Jr. shared their pro bono experiences and what inspired them to take up public service jobs during a panel discussion Friday, part of the Equal Justice Works Annual Conference and Career Fair.Visit lawjobs.com News & Views
 

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