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Thursday, April 21, 2011

Y! Alert: Law.com - Newswire


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Jury awards MGA $88.5 million in Bratz doll retrial Top
A federal jury has rejected Mattel's claims that MGA Entertainment stole the idea for the wildly profitable Bratz dolls, and instead awarded $88.5 million to MGA for trade secrets theft by Mattel.
 
Another Lawyer Pleads Guilty in Inside Trading Case Top
Jason Goldfarb, formerly with Brecher Fishman Pasternak Walsh Tilker & Zeigler, has pleaded guilty to conspiracy and securities fraud. He was arrested in 2009 as part of the broader insider trading probe centering on the Galleon Group hedge fund.
 
Madison County "Hellhole" PR Campaign Comes Back to Bite Syngenta In Water Contamination Class Action Top
An Illinois judge has ordered a company involved in a pollution case to turn over a document that "outlines a plan to tie the defense" into a negative PR campaign "that castigates the Madison County judicial system as a 'judicial hellhole' and a source of 'jackpot justice.'"
 
Prosecutors Ordered To Turn Over Rigas Case Documents Top
Two former Adelphia executives serving prison terms for securities fraud have scored a signficant victory in their long-fought defense of a second indictment for dodging taxes on the $1.9 billion they allegedly stole.
 
Lehman Trustee James Giddens of Hughes Hubbard Reaches $861 Million Settlement with JPMorgan for Brokerage Customers Top
Lehman's Chapter 11 trustee has announced that JPMorgan Chase has agreed to return about $861 million in cash and securities to the estate of Lehman's U.S. broker-dealer unit. The deal still has to be approved by a bankruptcy judge.
 
Google Infringing Linux-Related Patent, Jury Says Top
Google has taken a hit from a so-called patent troll. A federal jury in Texas has ordered Google to pay $5 million in damages for infringing a Linux-related patent held by Texas-based Bedrock Computer Technologies.
 
Court Dismisses Employee's Suit Over Bedbug Bites in Office Building Top
A thrice-bitten Fox News employee cannot sue the owner, manager and cleaning services of the Manhattan building where she works for letting bedbugs bite her at the office, a state judge has ruled.
 
D.C. Judge: Scanlon Must Pay Greenberg Traurig $17.7M Top
Former Jack Abramoff business partner Michael Scanlon can't challenge Greenberg Traurig's demand that he pay nearly $17.7 million in restitution for money the firm doled out to victims in a fraud scheme, a judge said Wednesday.
 
Victim of Max Factor Heir May Remain Anonymous, Court Rules Top
A victim of serial rapist and Max Factor heir Andrew Luster can keep her name private while she tries to collect a $19 million civil judgment against him, a California appeal court ruled Wednesday.
 
Defense Attacks Charge of Inside Trading, Insists Data Was Public Top
Defense attorney John Dowd remained on the offensive Thursday, targeting witnesses against Galleon Group hedge fund founder Raj Rajaratnam as liars trying to save their own skins by claiming they had fed him inside information.
 
Tremont Feeder Fund Plaintiffs Come Up Empty Once Again Top
In litigation against so-called "feeder funds" that funneled billions into Bernard Madoff's Ponzi scheme, two more Tremont Partners investors have seen their claims thrown out by a New York state judge.
 
Kirkland & Ellis and Andrews Kurth Strike Back For Community Health Systems in Tenet Takeover Battle Top
Trying to reassert control in its hostile battle to take over Tenet Healthcare, Community Health Systems has filed a motion to dismiss a suit that Tenet had filed charging CHS with bilking Medicare and violating securities laws.
 
Pool Death Prosecution Resonates With Companies Top
After a 6-year-old drowned in his family pool because a necessary safety device was never installed, the owner of the pool company pleaded guilty to criminally negligent homicide in a case that may have long-lasting implications for other businesses.
 
Divorced Parent Paying for College Can Demand To See the Report Card Top
A divorced parent funding a child's college education can demand the student's academic records as a condition of payment, a New Jersey judge has ruled in a case of first impression.
 
Fla. Supreme Court Suspends Hank Adorno for 3 Years Top
Henry "Hank" Adorno, co-founder of the collapsed law firm Adorno & Yoss, was given a three-year suspension Thursday by the Florida Supreme Court, which rejected a referee's recommendation of a public reprimand for his role in a controversial settlement of a class action lawsuit with the city of Miami.Visit lawjobs.com News & Views
 
Study Says Businesses Aren't Ready for U.K. Bribery Law Top
With enforcement of the United Kingdom's Bribery Act about two months away, a new survey suggests many companies don't yet have their ducks in a row when it comes to revising their compliance programs. In some cases, affected businesses may not even know where their ducks are.
 

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