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Tuesday, April 5, 2011

Y! Alert: Law.com - Newswire


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High court hands a victory to 'school choice' advocates Top
The high court on Monday denied standing to Arizonans who challenged a state tax credit program that indirectly benefits students in religious schools. The ruling provoked a strong dissent from Justice Elena Kagan.
 
In Moving KSM Trial, DOJ Blames Congress Top
The attorney general said Monday he has little choice but to abandon the civilian criminal case against alleged 9/11 mastermind Khalid Sheikh Mohammed and four others, after Congress banned the use of federal funds to move them from Guantanamo.
 
Google Bids $900 Million for Nortel Patent Portfolio to Use as Leverage Against Would-Be IP Plaintiffs Top
Reeled into the smartphone patent wars, Google has made a $900 million "stalking horse" bid for a portfolio of 6,000 patents and patent applications from the bankrupt Nortel Networks to use as leverage against would-be IP plaintiffs.
 
State-owned company officials count under anti-bribery law Top
A federal judge has denied a motion to dismiss an indictment on the argument that the officials who allegedly were bribed didn't meet the definition of "foreign official" under the Foreign Corrupt Practices Act.
 
Idaho Judge Bounces All Claims Against Cushman Wakefield in Alleged $8 Billion Idaho Resort Development Scheme; Credit Suisse Still on the Hook for Conspiracy Top
In a class action over resort properties that went bust, a federal judge has dismissed claims against the real estate appraiser Cushman Wakefield, but let stand claims against Credit Suisse.
 
Felony to misdemeanor: How Jack Camp did it Top
Prosecutors who missed charging opportunities, a loosely crafted plea agreement and defense lawyers' excavation of a little-known case enabled former Judge Jack T. Camp Jr. to walk away with a misdemeanor even though he pleaded to a felony after the FBI snared him in a cocaine deal.
 
Shades of HP: Wellstar Letter Tell Why It Ousted GC and CEO Top
Seven months after abruptly ousting its general counsel and CEO, WellStar Health System has issued a statement explaining why. The answer is reminiscent of reasons given for the departure of former Hewlett-Packard CEO Mark Hurd.
 
D.C. Circuit Throws Out Net Neutrality Challenges Top
Verizon Communications and MetroPCS Communications have lost challenges to net neutrality rules adopted by the Federal Communications Commission -- at least for now.
 
ALM, LexisNexis sign content agreement Top
ALM, the parent company of The National Law Journal, The American Lawyer and Law.com, has reached a deal to make LexisNexis the exclusive third-party distributor of ALM's online content, effective May 1.
 
Fried Frank Gets $109 Billion Shareholder Suit Dismissed for Wells Fargo; Billions in Bondholder Claims Survive Top
In the largest subprime securities case to date, a federal judge has dismissed with prejudice five lawsuits brought by former Wachovia shareholders, but allowed billions of dollars of claims brought by bondholders to move forward.
 
Interest Award Brings Doctor's Judgment Against Johnson & Johnson to $593 Million In Patent Fight Over Stents Top
The amazing story of Bruce Saffran and his David vs. Goliath infringement battle against some of the world's biggest medical stent makers continues to grow, bringing his total award against Johnson & Johnson to an astounding $593 million.
 
On Heels of Big First Quarter, Experts See M&A Boom Continuing Top
A preliminary report shows a 58 percent increase in deal volume in the first quarter of 2011, thanks partly to AT&T's $39 billion acquisition of T-Mobile. Experts predict that M&A growth will continue through this year.
 
Claims Over TV Appearance Must Be Aired in Arbitration, Judge Says Top
A teen beauty queen who slapped the Walt Disney Co. with a $100 million suit claiming she was "forced" to repeat scripted lines depicting her as a spoiled brat on the reality TV show "Wife Swap" will not have her day in court.
 

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