The latest from The Am Law Daily
- SIPC Looks to Modernize as it Pays Out Millions in Legal Fees
- Lime Wire Settles for $105 Million Mid-Trial
- Challenges for Rajaratnam Appeal
| SIPC Looks to Modernize as it Pays Out Millions in Legal Fees | Top |
| The Securities Investor Protection Corporation will hold a forum next month to discuss modernizing the three-decades old agency. The event comes at a time when SIPC's funds are being depleted by legal fees paid to the trustees for bankrupt brokerages tied to Lehman Brothers and Bernard Madoff. | |
| Lime Wire Settles for $105 Million Mid-Trial | Top |
| In the midst of a damages trial, Lime Wire, represented by Willkie Farr, agreed Thursday to a $105 million settlement with recording labels suing for copyright infringement. | |
| Challenges for Rajaratnam Appeal | Top |
| Lawyers and experts not connected to the massive insider trading case against the Galleon Group founder say his defense team faces a tough fight in trying to suppress the government's wiretap evidence. | |
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