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Friday, November 4, 2011

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Suit Claims Foley & Lardner Helped Perpetuate $500 Million Ponzi Scheme Top
A trustee involved in the Chapter 11 case of bankrupt real estate investment company DBSI has sued Foley & Lardner, claiming the firm played a role in perpetuating what the trustee alleged was a classic Ponzi scheme that bilked investors out of hundreds of millions of dollars.
 
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 today. 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.
 
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.
 
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.
 
Glaxo Agrees 'in Principle' to Record $3 Billion Settlement Top
GlaxoSmithKline has announced a $3 billion agreement in principle to settle federal probes into its drug sales and marketing practices and alleged overbilling of Medicaid. If the deal is finalized, it would be the largest health care industry settlement ever secured by the Justice Department.
 
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.
 
Standing Questioned in Action to Challenge Firm Ownership Rule Top
Jacoby & Meyers' challenge to the ban on law firms accepting outside investors as non-lawyer partners ran into trouble Thursday as a federal judge expressed skepticism that the firm had standing and that the issues were ripe for his consideration.
 
Ethnic diversity improved at law firms in 2011; for women, not so much Top
The percentage of minority lawyers at major U.S. law firms edged up slightly this year, according to the latest edition of the NALP Directory of Legal Employers. However, the percentage of female attorneys at law firms continued a slide that began in 2010.
 
The Tweet that Roared: Lawyers and Law Firms Navigate Social Media Landmines Top
A Kramer Levin attorney's tweet about a TSA agent's note commenting on a "personal item" in her luggage sparked a media storm. It also highlights how law firms grapple with where to draw the line when it comes to how their lawyers use social media.
 
Thompson Hine Senior Antitrust Partner Pleads Guilty to Tax Fraud Top
Leslie Jacobs, the senior partner in Thompson Hine's competition, antitrust and white-collar crime practice group, and a former president of the Ohio State Bar Association, pleaded guilty Wednesday to a federal charge of tax fraud. Due to be sentenced Jan. 17, he faces up to 21 months in prison.
 
JetBlue passengers won't share in any fines for being stranded on tarmac Top
Hugh Totten of Valorem Law Group speaks with The National Law Journal about how JetBlue could be on the hook for some of the first fines to be paid under new Department of Transportation rules -- and why passengers who were stranded on the tarmac for more than seven hours won't see a dime.
 
National Restaurant Association GC Weighing Proposal on Cain Allegations Top
A proposal made to the National Restaurant Association Thursday on behalf of an unnamed client could have major implications for Herman Cain's presidential bid. The association and its general counsel, Peter Kilgore, have turned the matter over to outside counsel Paul Skelly of Hogan Lovells.
 
Lawyer Is Convicted in Mortgage Fraud Scheme Top
An attorney was convicted Tuesday in a mortgage fraud scheme that federal prosecutors say netted him and his co-conspirators millions in illegal loan proceeds. Prosecutors proved that Louis E. Cherico, 70, played a key role in a scheme to purchase multimillion-dollar properties in Westchester County, N.Y.
 
Federal Circuit declines to revisit standard for appellate review of claim construction Top
The Federal Circuit has declined an opportunity to revisit its seminal 1998 ruling on appellate review of claim reconstruction. A split decision by the full circuit denied rehearing of a case involving review of a district judge's decision on the definition of patent claims.
 
Former Nixon Peabody Counsel Sentenced To Probation Top
A Washington federal judge has sentenced a former Nixon Peabody counsel to two years of probation for a false statements charge that arose in an insider trading probe. Melissa Mahler faced up to six months in prison under advisory sentencing guidelines.
 
Panel Upholds Health Care Reform Act Provision Top
The 3rd Circuit has upheld the constitutionality of a provision of the national health care reform legislation that provides benefits to survivors of miners with black lung disease. The court rejected the argument that the provision violated a coal mine company's substantive due process rights.
 
Lawyers Named in Indictment Alleging Racket's Takeover of Public Company Top
Five lawyers, including New Jersey solo Donald Manno -- who has represented reputed Lucchese crime family member Nicodemo Scarfo -- were among 13 people charged Tuesday with aiding a mob takeover of a publicly traded firm that prosecutors say netted $12 million in shareholder funds.
 
Reprimanded Former Judge Can Press Claims His Law Firm Illegally Fired Him Top
A former New Jersey municipal judge reprimanded for his romance with a bailiff can proceed with a federal discrimination and retaliation suit alleging his former law firm, Sedgwick Detert Moran & Arnold, forced him to resign as a consequence of the interracial affair.
 
Hips will be huge next year Top
About 3,500 lawsuits have already been filed against DePuy Orthopaedics and its parent company, Johnson & Johnson, over its ASR hip implants, which the company recalled in 2010. About 93,000 patients worldwide have had the devices implanted -- one reason why plaintiffs attorneys predict the litigation will be huge.
 
Litigation Brews Over Wells Fargo's Policy of Freezing Joint Accounts Top
A putative consumer fraud class action can go forward over Wells Fargo Bank's policy of freezing joint accounts when a bankruptcy is filed, a New Jersey federal judge has ruled. The lead plaintiff accuses the bank of turning a profit by freezing joint accounts without prior notice.
 
Wilmer Hale Removes Mysterious Booz Allen Suit to Federal Court, Citing States Secrets Top
Goliath defense contractor Booz Allen Hamilton removed to federal court a breach of contract case filed by Blackbird Technologies in September in Virginia state court. While removal of lawsuits is common, the reason why in this case is not: Booz Allen claims the states secrets privilege may apply.
 

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