The latest from Law.com - Newswire
- Herman Cain Harassment Flap Puts Pressure on General Counsel
- Legal Sector Added 400 Jobs in October
- With Cleary Advising, TPG Inches Toward Possible Yahoo Bid
- With Shares Priced, Groupon IPO Pays Off For Winston, DLA
- Picard Looks to Avoid Clawback Pitfalls in $1 Billion BNP Paribas Suit
- John D. Green on Improving the End-User Experience
- Janet Day on Law Firm IT 'Nirvana'
- The Final Rothstein Auction
- Doug Caddell on Foley & Lardner's Freedom of Computing
- Paul Weiss Knocks Out Arbitration Claiming Citi Duped Abu Dhabi Sovereign Wealth Fund into $7.5 Billion Investment
- Appeals Court Rejects False Claims Act Complaint Against Sallie Mae
- MF Global's Corzine Resigns, Lawyers Up
- High court vets help clients win
- 1st Circuit: Aggravated identity theft violation can occur even if ID isn't stolen
- Lawyer Sues Over Ex-Client's Bad Review
- Ex Ruden McClosky shareholders want assets repaid, not auctioned
- Acclaimed 'Appropriation Artist' Richard Prince Draws High-Powered Amicus Support in Second Circuit Copyright Infringement Fight
- Lanier Suffers Loss in First ITC Trial; Orrick Wins Preliminary Ruling for Nintendo on Infringement Claims
- Gap Files Cybersquatting Suit Against TheGap.com
- Judge: Losing Plaintiff Must Pay $6.5 Mil. in Attorney Fees, Costs
- Proposal Would Limit Foreclosures to Recorded Mortgage Interest Holders
- Retailer Can Be Held Strictly Liable for Exploding Battery Pack, Judge Finds
Herman Cain Harassment Flap Puts Pressure on General Counsel | Top |
The general counsel of the National Restaurant Association has been thrust into the spotlight as he fields inquiries relating to sexual harassment allegations against Herman Cain, the former head of the association and currently a GOP contender for the White House. In such a situation, how does a GC balance the public's right to know, an employee's right to privacy and the accused's legal rights? | |
Legal Sector Added 400 Jobs in October | Top |
The legal sector added 400 jobs in October, according to a U.S. Bureau of Labor Statistics report released Friday. The modest rise was not enough to counter two consecutive months of job losses in an up-and-down year that has left the industry with substantially fewer positions than in October 2010. | |
With Cleary Advising, TPG Inches Toward Possible Yahoo Bid | Top |
TPG Capital has become the first potential suitor to sign a nondisclosure agreement with Yahoo, allowing the private equity shop to begin due diligence toward possibly making a bid for or taking a minority stake in the Internet company. A source says TPG has turned to Cleary for advice on the matter. | |
With Shares Priced, Groupon IPO Pays Off For Winston, DLA | Top |
While Groupon's road to a $700 million IPO has been a rocky one, Winston & Strawn and DLA Piper have persevered and now stand to reap the benefits as the daily-deals website finally went public on Friday. An SEC filing lists the legal fees and expenses connected to the IPO at $2.5 million. | |
Picard Looks to Avoid Clawback Pitfalls in $1 Billion BNP Paribas Suit | Top |
After a series of bruising rulings in his ambitious clawback suits on behalf of Madoff investors and the Ponzi schemer's estate, trustee Irving Picard has filed a streamlined suit against a unit of BNP Paribas over nearly $1 billion allegedly transferred to the bank by a Cayman Islands feeder fund. | |
John D. Green on Improving the End-User Experience | Top |
John D. Green, CIO of Baker Donelson, speaks at ILTA with LTN's editor in chief, Monica Bay, about an initiative to improve the end-user experience at his firm by tracking and mapping every application in use using the Aternity Frontline Performance Intelligence software. | |
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. | |
Paul Weiss Knocks Out Arbitration Claiming Citi Duped Abu Dhabi Sovereign Wealth Fund into $7.5 Billion Investment | Top |
Arbitrators have dismissed all of the Abu Dhabi's sovereign wealth fund's claims against Citigroup alleging that it was duped into injecting $7.5 billion into the bank in November 2007 in exchange for an 11 percent dividend just as the subprime crisis was rearing its head. | |
Appeals Court Rejects False Claims Act Complaint Against Sallie Mae | Top |
A federal appeals court on Friday upheld the dismissal of a false claims complaint against Sallie Mae, saying the suit too closely mirrors a similar complaint filed in a federal trial court in another state. The case tested the scope of the False Claims Act's "first-to-file" rule. | |
MF Global's Corzine Resigns, Lawyers Up | Top |
Dechert, Perkins Coie, and an as-yet unidentified labor and employment lawyer are advising former New Jersey Gov. Jon Corzine in cases that could potentially arise from the bankruptcy of MF Global Holdings -- the eighth-largest bankruptcy filing in U.S. history. | |
High court vets help clients win | Top |
New research by a Stanford law professor who is himself a Supreme Court specialist shows the growing influence of a small group of lawyers at the high court. The study of advocacy and outcomes in 352 cases over the past seven years found that parties represented by specialists won 53.4 percent of the time. | |
1st Circuit: Aggravated identity theft violation can occur even if ID isn't stolen | Top |
Identity fraud can underpin a mandatory two-year identity theft sentence enhancement even if the identity wasn't stolen, the 1st Circuit has ruled in two cases. Regardless of how the identification is obtained, if its use breaks the law, it violates the aggravated identity theft statute, the court found. | |
Lawyer Sues Over Ex-Client's Bad Review | Top |
In a hearing in a defamation suit brought by a prominent legal malpractice attorney over a former client's posts on complaintsboard.com, a judge was sympathetic to the client's interest in publicizing his negative experience, but said he may have gone too far with his specific accusations. | |
Ex Ruden McClosky shareholders want assets repaid, not auctioned | Top |
Some former Ruden McClosky equity partners are trying to stall the proposed bankruptcy sale of firm assets to Greenspoon Marder. "It appears the biggest opponent is going to be former shareholders that are owed money," said an attorney not affiliated with shareholders who appeared at the first hearing in the case. | |
Acclaimed 'Appropriation Artist' Richard Prince Draws High-Powered Amicus Support in Second Circuit Copyright Infringement Fight | Top |
The foundation that serves as Andy Warhol's estate has filed an amicus brief with the 2nd Circuit in support of "appropriation artist" Richard Prince in his appeal of a devastating copyright infringement ruling that could result in more than $10 million worth of artwork being destroyed. | |
Lanier Suffers Loss in First ITC Trial; Orrick Wins Preliminary Ruling for Nintendo on Infringement Claims | Top |
W. Mark Lanier built his reputation as a trial lawyer, winning multimillion-dollar verdicts in mass tort litigation. But he didn't fare so well in his first trial before the U.S. International Trade Commission, as a judge handed Nintendo a sweeping defense win in an infringement suit. | |
Gap Files Cybersquatting Suit Against TheGap.com | Top |
Apparel company The Gap Inc. has filed a cybersquatting suit in U.S. District Court against the Mumbai-based owners of the domain name thegap.com. The suit claims, in part, that the website uses fraudulent promises of high-value gift cards to lure consumers into entering personal information. | |
Judge: Losing Plaintiff Must Pay $6.5 Mil. in Attorney Fees, Costs | Top |
A federal judge has ordered the losing plaintiff in a patent infringement case to pay the two defendants a total of $6.5 million in attorney fees and costs. The judge rejected all but one of Checkpoint Systems' objections to the fees submitted by Sensormatic Electronics and All-Tag Security. | |
Proposal Would Limit Foreclosures to Recorded Mortgage Interest Holders | Top |
Changes afoot to New Jersey's mortgage recording statute and other laws would clarify who has the right to foreclose on a mortgage when the debt has been assigned by the original lender and the paper trail is incomplete or unclear. | |
Retailer Can Be Held Strictly Liable for Exploding Battery Pack, Judge Finds | Top |
A New Jersey attorney can go forward with a suit claiming he was injured by an exploding battery pack he purchased at Pep Boys. A federal judge has ruled that the retailer may be strictly liable for the defect, but that punitive damages are not recoverable. | |
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