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Monday, May 23, 2011

Y! Alert: Law.com - Newswire


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Triggering sharp dissents, Court rules California must reduce prison population Top
A bitterly divided Supreme Court, citing "needless suffering and death" in California prisons, upheld on Monday a court order requiring the state to cut its prison population by an estimated 40,000 prisoners within two years to ease overcrowding.
 
Federal Judge Deals Blow to Picard in $6.8 Billion JPMorgan Suit Top
In a ruling explaining her reasoning for allowing JPMorgan to move Madoff trustee Irving Picard's $6.8 billion case against it out of bankruptcy court and into federal district court, a federal judge seemed skeptical of many of Picard's claims against the bank.
 
Federal Circuit Rules Against Tessera in Patent Dispute Top
An appeals court has affirmed an International Trade Commission ruling that Elpida Memory, Acer, Smart Modular Technologies and several other technology companies did not infringe on Tessera's chip packaging patents.
 
Tech Investor Loses Bid to Recoup $6.3 Million Lost in Dreier Scam Top
Technology investor Paul Gardi cannot recoup more than $6.3 million that investment firm JANA Partners paid to disbarred attorney Marc Dreier that was meant as a settlement payment to Gardi but was stolen by Dreier, a bankruptcy judge has ruled.
 
Former Prosecutor Appeals Dismissal of Suit Against Justice Department Top
Former federal prosecutor Richard Convertino wants the D.C. Circuit to revive his suit that alleges the U.S. Justice Department unlawfully leaked information about an ethics investigation stemming from his work on a terror case in Detroit.
 
Attorney Details 'Snooping' at Firm During Insider Trial Top
Attacked as a self-serving witness, Brien Santerlas insisted Monday he was telling the truth when he testified that he and fellow law firm associate Arthur Cutillo accepted cash from accused inside trader Zvi Goffer for information about firm clients.
 
11th Circuit judge: 'Great Writ is dead' Top
An 11th Circuit decision on sentencing has prompted a dissenting judge to pronounce dead the writ of habeas corpus, while the judge writing for the 8-3 majority said the dissenters were simply "[p]umping all the pedals on the prose organ."
 
OppenheimerFunds Reaches $100 Million Settlement with MBS Plaintiffs Top
Plaintiffs lawyers scored a $100 million victory for investors in toxic mortgage-backed securities, when OppenheimerFunds agreed to settle three-year-old claims that it concealed risks about the MBS holdings of two Oppenheimer funds.
 
Q1 Uptick in The Quarterly Corporate Fraud Index Top
Despite increased legislative attention on the need to halt Foreign Corrupt Practices Act violations, kickbacks and the like, a new report suggests that corporate fraud is still very much on the rise.
 
Q&A: Cyclist Tyler Hamilton's Lawyer on Why His Client Came Clean Top
Attorney Chris Manderson has been guiding former pro cyclist Tyler Hamilton through a dramatic fall from grace, culminating in Hamilton's "60 Minutes" interview Sunday. Manderson spoke to The Am Law Daily about the tough decisions his client has faced in the past year.
 
1st Circuit reverses award to Logan skycaps, finding tips law pre-empted Top
The 1st Circuit has reversed a jury award of $333,464 to nine Boston skycaps, holding that the federal Airline Deregulation Act pre-empts a Massachusetts tips law, as applied to airline curbside baggage handlers.
 
Panel Upholds Officials' Right to Block School Newspaper Top
School officials had the right to block the publication of a student-run high school newspaper containing an explicit cartoon about a sex education class, the 2nd U.S. Circuit Court of Appeals has ruled.
 
Group opposes UGA hiring Larry Thompson Top
The Center for Constitutional Rights has called on the University of Georgia School of Law to "investigate and reconsider" the appointment of Larry D. Thompson to its faculty, citing his role as deputy U.S. attorney general in a decision that led to a man's detention and torture.
 
Judge Puts Brakes on State's Cap-and-Trade Scheme Top
Siding with environmentalists, a San Francisco judge on Friday said state air regulators can't proceed with plans for a cap-and-trade scheme for reducing greenhouse gas emissions.
 
Judicial Nominees, Including Former Cravath Partner, Disclose Finances Top
The U.S. Senate Judiciary Committee has released the financial disclosure reports of several of the president's recent judicial nominees, including a former Cravath partner who reported that she took home $2.4 million last year and is worth $4.3 million.
 
ABA Accreditation for Law School in China Runs Up Against U.S. Job Fears Top
ABA accreditation would seem like a no-brainer for a new law school that is overseen by a former dean of the University of Michigan Law School and that boasts a star-studded roster of visiting faculty. Except that the school is in China, and the accreditation goal has run headlong into the still-weak U.S. legal job market.Visit International News
 

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