The latest from Law.com - Newswire
- Suit Challenges N.Y. Prohibition of Non-Lawyer Firm Ownership
- LinkedIn GC Worth a Cool $27 Million
- Students try to draw Congress into law school transparency movement
- Judge Awards V&E Partner $196 Million in Contract Battle With Texas Tycoon
- Republicans Block 9th Circuit Nominee Goodwin Liu
- Disbarred Attorney Says Envy of Wall Street Salaries Led Him to Crime
- AG, Cotchett Firm Team Up on $241M Whistleblower Settlement
- Claims Against Countrywide Aren't Preempted, Second District Says
- Pfizer Moves to Settle HRT Cases
- Attorney pleads guilty in Mutual Benefits case
- Fight over Bratz doll turns to attorney fees, punitive damages
- Lawyer: Death case ruling 'part of the game'
- Judge says Rothstein deposition decision not his to make
- News In Brief
- Former Baker & McKenzie Head an Early Favorite to Helm International Monetary Fund
| Suit Challenges N.Y. Prohibition of Non-Lawyer Firm Ownership | Top |
| Lawsuits filed by Jacoby & Meyers challenging three states' prohibitions on non-lawyers owning interests in law firms have added fuel to the debate over how to protect the interests of clients should U.S. law firms ever be allowed to accept outside investment. | |
| LinkedIn GC Worth a Cool $27 Million | Top |
| Looking for a good reason to move in-house? Look no further than Erika Rottenberg, GC for LinkedIn. Rottenberg took a chance on the social networking startup three years ago, and is now sitting on shares and options worth about $27 million. | |
| Students try to draw Congress into law school transparency movement | Top |
| Though law students agree schools should be more transparent about their graduates' success in the job market, they differ on the best way to press their cause. One group is pressing for federal legislation, while another is focusing squarely on the ABA. | |
| Judge Awards V&E Partner $196 Million in Contract Battle With Texas Tycoon | Top |
| A Texas judge not only agreed with a jury's finding that Dallas billionaire Trevor Rees-Jones breached his fiduciary duty to Vinson & Elkins partner D. Bobbitt Noel Jr., he tacked another $80 million on the $116 million trial verdict to boot. | |
| Republicans Block 9th Circuit Nominee Goodwin Liu | Top |
| In a resumption of last decade's judge wars, Republican senators on Thursday voted for the first successful filibuster of one of President Barack Obama's judicial nominees, Goodwin Liu, who was tapped for the 9th Circuit. The vote was not close. | |
| Disbarred Attorney Says Envy of Wall Street Salaries Led Him to Crime | Top |
| A former Ropes & Gray attorney disbarred after pleading guilty to insider trading charges testified Thursday that envy of Wall Street salaries led him to a role in what became the biggest hedge fund insider trading case in history. | |
| AG, Cotchett Firm Team Up on $241M Whistleblower Settlement | Top |
| Quest Diagnostics will pay California and a qui tam plaintiff a combined $241 million to settle a suit charging the national laboratory with overbilling state medical patients, in the largest award ever under the state's False Claims Act, according to the state AG. | |
| Claims Against Countrywide Aren't Preempted, Second District Says | Top |
| An appeals court has revived a potentially massive class action against Countrywide and other financial entities, rejecting the argument that federal courts have exclusive jurisdiction over claims that Countrywide deceived buyers of mortgage-backed securities. | |
| Pfizer Moves to Settle HRT Cases | Top |
| In the five years since Philadelphia's first hormone replacement therapy case went to trial, a jury has awarded punitive damages as high as $75 million, and more than 1,000 cases have been tossed and then revived. Now settlement is the name of the game. | |
| Attorney pleads guilty in Mutual Benefits case | Top |
| A Florida attorney has pleaded guilty to fraud conspiracy for his dealings with viaticals company Mutual Benefits, which prosecutors have said was a $1 billion Ponzi scheme. The charges carry a five-year prison term. | |
| Fight over Bratz doll turns to attorney fees, punitive damages | Top |
| Bratz doll manufacturer MGA Entertainment is seeking attorney fees plus $177 million in punitive damages after obtaining an $88.5 million verdict against rival Mattel in a copyright infringement battle. | |
| Lawyer: Death case ruling 'part of the game' | Top |
| A lawyer whose 1988 representation of a death penalty defendant was criticized last week by federal appeals court judges as "far outside the wide range of professional competence" said the ruling for his former client was nonetheless good news. | |
| Judge says Rothstein deposition decision not his to make | Top |
| Bankruptcy attorneys and federal prosecutors appear set for another clash in the case of Ponzi king Scott Rothstein, now that a federal judge has said he lacks the authority to compel Rothstein to appear for questioning by attorneys for his defunct firm's bankruptcy trustee. | |
| News In Brief | Top |
| Skadden, Arps, Slate, Meagher & Flom partner Sheila L. Birnbaum has been tapped by the U.S. Justice Department to run the fund that will compensate workers claiming illness as a result of their work in the wreckage of the 9/11 terror attacks. | |
| Former Baker & McKenzie Head an Early Favorite to Helm International Monetary Fund | Top |
| French Finance Minister Christine Lagarde has a lot going for her as a possible successor to former IMF chief Dominique Strauss-Kahn. The first woman to head Baker & McKenzie, Lagarde pulls no punches, carries considerable clout in international finance and is female -- a plus for the IMF as it tries to rebound from the DSK sex scandal.Visit International News | |
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