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Monday, June 6, 2011

Y! Alert: Law.com - Newswire


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Investors win again at the high court — but don't call it a trend Top
The Supreme Court ruled Monday that investors need not prove at the class certification stage that a company's deceptive conduct caused their economic losses. The ruling was the fourth win for investors in securities cases in the last two terms, but that was not enough for commentators to proclaim a pro-plaintiff trend.
 
High court hands victory to Roche in case over inventors' rights Top
In a 7-2 ruling, the U.S. Supreme Court held Monday that the Bayh-Dole Act does not give federal contractors automatic ownership of inventions that spring from their federally funded research.
 
Justices Order Another Look at Hazleton Immigration Measures Top
Ten days after the U.S. Supreme Court upheld the Legal Arizona Workers Act -- which penalizes employers who knowingly hire unauthorized foreign workers -- the justices on Monday ordered the 3rd Circuit to reconsider a decision that struck down similar ordinances passed in Hazleton, Pa.
 
Chiquita Human Rights Case Gets Split Decision in U.S. District Court Top
A federal judge has rejected Chiquita Brands International's efforts to throw out a lawsuit over the corporation's alleged involvement in human rights abuses. But the judge also established a high burden of proof that plaintiffs must meet.
 
Lehman Trustee and His Counsel at Hughes Hubbard Prevail in $4 Billion Fight With Barclays Top
A Manhattan federal bankruptcy judge has denied Barclays' claim to nearly $4 billion in disputed securities and liability offsets related to its acquisition of Lehman's assets. Barclays says it will appeal.
 
The Am Law 100 2011: Analyzing the Results Top
Robin Sparkman, editor-in-chief of The American Lawyer, examines the latest Am Law 100 report and explains some factors that influenced gross revenue, revenue per lawyer, headcount and other key indicators of law firms' performance.
 
Judge inclined to toss some Toyota shareholder claims Top
A federal judge said Monday that she was inclined to dismiss some of the claims filed by shareholders who allege that Toyota's sudden acceleration problems caused a drop in the stock price, but offered no final ruling on Toyota's motion to dismiss.
 
E-Discovery Nightmare: Client Cites McDermott's Use of Contract Lawyers in Malpractice Suit Top
J-M Manufacturing claims in a malpractice suit that McDermott Will & Emery did not thoroughly review the work of contract attorneys and mistakenly turned over privileged documents when responding to subpoenas in a false claims act case.
 
Senate Confirms New U.S. Solicitor General Top
Senators voted 72-16 Monday to confirm Donald Verrilli Jr. as the next U.S. solicitor general. The vote came after senators reached an agreement to avoid a vote on a threatened filibuster, moving directly to a final confirmation vote.
 
A Look Back at the Law Firms That Backed Edwards in 2008 Top
With allegations of improperly used campaign donations at the heart of the criminal indictment handed down against John Edwards on Friday, The Am Law Daily examines some of the biggest legal donors to Edwards' 2008 presidential run.
 
New Names Emerge in Search for Ninth Circuit Opening Top
With law professor Goodwin Liu out of the running for a seat on the 9th Circuit, a new round of speculation and jockeying is under way. Among the names being floated are six lawyers and judges from California, according to a source familiar with the process.
 
Judge Drafts List of Banned Purchases for Father After His 'Egregious' Child Support Violations Top
After falling more than $14,000 behind in child support, a resident of rural Clinton County, N.Y., can forget hunting and fishing for a while. Also smoking, drinking beer, watching cable TV, going to the gym, buying plane tickets or staying in a hotel.
 
Mayer Brown and AT&T Reach Unusual Deal in Tax Overcharge Settlement Top
AT&T isn't on the hook for the bulk of a $1 billion settlement of a class action alleging overcharging for taxes. Instead, AT&T agreed to work with the plaintiffs lawyers to chase after tax refunds from state and local governments for 32 million consumers.
 
Federal Judge Refuses to Dismiss Flonase Antitrust Suits Top
A federal judge has refused to dismiss a trio of antitrust lawsuits against pharmaceuticals giant GlaxoSmithKline that accuse the company of using a series of illegal tactics to delay the approval of generic versions of Flonase, a popular allergy drug.
 
Conviction Is Upheld Despite ADA's 'Excessive' Summation Top
A Manhattan prosecutor's appeal to the emotions of a jury during his summation in a high-profile murder case was "excessive," but legally "harmless" and did not warrant upsetting the guilty verdict, an appeals panel has ruled.
 
Legal Outsourcing Wave Comes Ashore to the U.S. Top
Pangea3, the Indian legal process outsourcer bought by Thomson Reuters last year, opened its first U.S.-based service delivery office in Dallas. It's the latest expansion effort by a major LPO as U.S. and international law firms seek to slash their costs through outsourcing arrangements.Visit lawjobs.com News & Views
 

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