The latest from Law.com - Newswire
- Ex-Am Law Associate Kluger Pleads Guilty in $37 Million Insider Trading Scheme
- Batten Down the Hatches! New Litigation Storm Brewing Over America's Cup
- Much Ado About Mergers, But Closures Also A Part of 2011
- Carrier IQ's Tracking Software Attracts Flood of Complaints
- Discovery Order Relieves Party of Review of 65 Million E-Documents
- How to Earn My GC Business
- John Green on Improving the User Experience
- Recorder Roundtable: Employment Law
- Janet Day on Law Firm IT 'Nirvana'
- Newspaper Wins Judges' Sympathies in Arpaio Suit
- Hostility apparently waning, Justice Thomas visits alma mater Yale Law School
- Three small law firms accused of helping cover up Rothstein's Ponzi scheme
- GSK Again Loses on Delaware Citizenship Bid
- Circuit Rejects 'Vigorous' Bid to Upset FCPA Conviction
- N.Y. Federal Judge Slashes MBS Suit Against JPMorgan, Rules Investors Limited to Tranche-Level Claims
- In Chevron Dispute, Patton Boggs Accuses Gibson Lawyers of 'Vexatious Threats'
- Federal judge says state court should divide Bank of America attorney fees
- SEC Sues to Force Liquidation of R. Allen Stanford's U.S. Brokerage
- State lawsuits against Toyota encounter turbulence
| Ex-Am Law Associate Kluger Pleads Guilty in $37 Million Insider Trading Scheme | Top |
| Matthew Kluger pleaded guilty Wednesday to four counts stemming from an insider trading scheme that federal prosecutors say netted him and two other men a total of $37 million over roughly 17 years -- a period during which Kluger worked at Cravath, Fried Frank, Skadden and Wilson Sonsini. As part of his guilty plea, Kluger agreed to forfeit $415,000 gained from recent transactions in the scheme. | |
| Batten Down the Hatches! New Litigation Storm Brewing Over America's Cup | Top |
| In the run-up to the last edition of the America's Cup sailing race, contestants seemed to spend more time in court than on the water. Now there's new trouble on the high seas. A new lawsuit accuses the defending champion and current race organizer of favoritism and self-dealing. | |
| Much Ado About Mergers, But Closures Also A Part of 2011 | Top |
| It's easy to think of 2011 as yet another chapter in a long trend of regional law firm consolidation. While that may be true, the year has also seen its share of law firm failures. This week alone, two firms announced they would dissolve. | |
| Carrier IQ's Tracking Software Attracts Flood of Complaints | Top |
| Carrier IQ, a California company that's recently come under fire over concerns about tracking software installed on 140 million smartphones, now faces 51 proposed class actions in state and federal courts. Co-defendants include Apple, AT&T, Google, HTC, Samsung and LG Electronics. | |
| Discovery Order Relieves Party of Review of 65 Million E-Documents | Top |
| A federal judge has excused compliance with a discovery agreement that would have required the plaintiff to produce an estimated 65 million documents, finding it would cost too much to screen them for privilege and saying the case "highlights the dangers of carelessness and inattention in e-discovery." | |
| How to Earn My GC Business | Top |
| Four in-house counsel discuss how firms can get their business and what they expect from outside attorneys. | |
| John Green on Improving the User Experience | Top |
| John Green, CIO of Baker Donelson, speaks at ILTA with LTN's editor in chief, Monica Bay, about an initiative to improve the user experience at his firm by tracking and mapping every application in use using the Aternity Frontline Performance Intelligence software. | |
| Recorder Roundtable: Employment Law | Top |
| Four experts discussed recent developments in employment law at a Recorder Roundtable on Nov. 9 in San Francisco. | |
| 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. | |
| Newspaper Wins Judges' Sympathies in Arpaio Suit | Top |
| A 9th Circuit panel on Wednesday grilled the lawyer who represents Joe Arpaio, "America's toughest sheriff," in a suit that accuses Arpaio and his cronies of arresting two Phoenix newspaper executives on bogus charges in retaliation for the paper's aggressive coverage of Arpaio. | |
| Hostility apparently waning, Justice Thomas visits alma mater Yale Law School | Top |
| Supreme Court Justice Clarence Thomas, who once said his Yale Law School diploma was worth 15 cents, visited his alma mater's campus on Wednesday. But all his stops on the visit appeared to be private, and the law school's own website was virtually silent on the subject of Thomas' trip. | |
| Three small law firms accused of helping cover up Rothstein's Ponzi scheme | Top |
| Three small law firms played a key role in keeping convicted Ponzi schemer Scott Rothstein's operation secret from New York hedge fund operators, according to lawyers attending the disbarred lawyer's tell-all deposition Tuesday. | |
| GSK Again Loses on Delaware Citizenship Bid | Top |
| A federal judge has again rejected GlaxoSmithKline's arguments that its corporate citizenship is different from several plaintiffs in drug products liability cases because it converted to a limited liability company based in Delaware. The judge concluded earlier this year that GSK's true "nerve center" is in Philadelphia. | |
| Circuit Rejects 'Vigorous' Bid to Upset FCPA Conviction | Top |
| Frederic Bourke Jr.'s attack on his conviction for a conspiracy to bribe officials to gain control of Azerbaijan's state-run oil company was rejected Wednesday by the 2nd Circuit, which affirmed the entrepreneur's conviction of conspiracy to violate the Foreign Corrupt Practices Act and the Travel Act. | |
| N.Y. Federal Judge Slashes MBS Suit Against JPMorgan, Rules Investors Limited to Tranche-Level Claims | Top |
| Until this week, only two judges had limited standing for mortgage-backed securities claims to plaintiffs who purchased certificates in specific MBS tranches. Now, in a big win for JPMorgan, tranche-level standing has gained a foothold in the 2nd Circuit. | |
| In Chevron Dispute, Patton Boggs Accuses Gibson Lawyers of 'Vexatious Threats' | Top |
| Patton Boggs has filed a brief with the D.C. Circuit in its long-running fight with Chevron over allegations of environmental contamination in Ecuador, accusing Chevron -- and its attorneys with Gibson, Dunn & Crutcher -- of making "false and misleading extrajudicial statements about Patton Boggs." | |
| Federal judge says state court should divide Bank of America attorney fees | Top |
| A federal judge has rejected motions to intervene by two Argentine law firms claiming a slice of the $123 million in legal fees set aside when Bank of America settled an overdraft class action. The judge ruled it is not his place to divide legal fees, and state court is the proper venue for such a decision. | |
| SEC Sues to Force Liquidation of R. Allen Stanford's U.S. Brokerage | Top |
| Frustrated by the slow pace of recovery for investors harmed by R. Allen Stanford's alleged Ponzi scheme, the SEC is suing a brokerage industry-backed fund to force the liquidation of Stanford's broker-dealer. The move comes six months after the SEC first directed the fund to initiate liquidation proceedings. | |
| State lawsuits against Toyota encounter turbulence | Top |
| The bumpy ride toward the first trial against Toyota over sudden acceleration claims got bumpier when a Los Angeles judge told lead plaintiffs lawyers to tear up the complaints in their proposed bellwether cases and suggested that a wrongful death case might have a higher priority. | |
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