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• Coupons help sink second BAR/BRI settlement
• Ethics Opinion Tackles 'Friend' Requests
• Orrick and Allen & Overy May Be Pulled Into Spotlight in Squared CDO Suit if Defendant Steffelin Raises Advice of Counsel Defense
• Morgan Keegan Agrees to Pay $210 Million in SEC Fraud Case
• Weil's Lehman Bankruptcy Fees Break the $300 Million Barrier
• Whistleblower in Verizon Case Demands Bigger Cut of $93.5M Settlement
• Kasowitz Launches Corporate Real Estate Practice With Skadden Hires
• Florida's death sentence law questioned
• Court Orders Embezzling Attorney to Pay Full Restitution Despite Bar Reimbursement
• Tobacco companies, retailers challenge outdoor advertising ban
• In Hanford saga, no resolution in sight
• Denial of $473M Tax Refund to Merck Upheld on Appeal
• Law Decriminalizing Sexting by Minors Nearing Final Legislative Approval
• Former Fried Frank Bookkeeper Still Owes $300K for Embezzlement Scheme
• Beachcroft in Merger Talks With DAC Over Latest Insurance Firm Tie-Up

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Coupons help sink second BAR/BRI settlement	Top
A federal judge has refused to sign off on a second settlement in the BAR/BRI antitrust litigation after objectors raised concerns that Kaplan Inc.'s portion of the deal involved providing coupons worth $150 each toward the purchase of future course materials.
Ethics Opinion Tackles 'Friend' Requests	Top
Enterprising lawyers beware: Using Facebook as an investigative tool may get you into trouble with the bar. An ethics opinion concludes that sending a "friend request" to a represented party violates a California rule of professional conduct and could be cause for discipline.
Orrick and Allen & Overy May Be Pulled Into Spotlight in Squared CDO Suit if Defendant Steffelin Raises Advice of Counsel Defense	Top
Edward Steffelin -- the only individual charged in the SEC's case involving a collateralized debt obligation sold by JPMorgan -- may raise an advice-of-counsel defense, which means Orrick (and possibly Allen & Overy) might face scrutiny over their roles in the deal.
Morgan Keegan Agrees to Pay $210 Million in SEC Fraud Case	Top
Charged with causing the false valuation of subprime mortgage-backed securities in five funds, brokerage firm Morgan Keegan & Co. has agreed to pay $210 million to settle with the SEC, state regulators and the Financial Industry Regulatory Authority.
Weil's Lehman Bankruptcy Fees Break the $300 Million Barrier	Top
Lehman's latest monthly operating report filed with the SEC lists a fresh $53.1 million in fees and expenses paid to outside advisers, bringing lead bankruptcy counsel Weil, Gotshal & Manges' total haul to $309.8 million.
Whistleblower in Verizon Case Demands Bigger Cut of $93.5M Settlement	Top
The whistleblower who helped the government land a $93.5 million settlement with Verizon to resolve a false claims suit is demanding an increased cut of the funds, arguing he is entitled to additional payment for his substantial assistance.
Kasowitz Launches Corporate Real Estate Practice With Skadden Hires	Top
Kasowitz has announced the arrival of real estate partners Wallace Schwartz and Adam Endick from Skadden. The two will launch a corporate real estate practice at Kasowitz, which until now has been almost exclusively litigation-focused.
Florida's death sentence law questioned	Top
Finding that Florida's capital sentence statute violates the U.S. Supreme Court's 2002 Ring v. Arizona decision, a Florida federal judge has ordered a new sentencing hearing for a man convicted in a 1991 murder-for-hire case.
Court Orders Embezzling Attorney to Pay Full Restitution Despite Bar Reimbursement	Top
A former lawyer convicted of embezzling from a client can't pay less in restitution just because two of his victims were already reimbursed $95,000 from the California State Bar Client Security Fund, a state appeals court has decided.
Tobacco companies, retailers challenge outdoor advertising ban	Top
Three tobacco companies and a retailer association have sued the city of Worcester, Mass., over an ordinance that would sharply restrict tobacco advertising. The suit claims the ordinance violates free speech rights and federal statutory civil rights protections.
In Hanford saga, no resolution in sight	Top
After 21 years of litigation, only a few people living downwind of the world's first full-scale plutonium reactor have received compensation for the huge amounts of radiation the Washington state plant began releasing in 1944 into the air, water and soil. Prospects are dicey for the other 1,500 plaintiffs.
Denial of $473M Tax Refund to Merck Upheld on Appeal	Top
Merck is not entitled to a refund of $473 million paid when a tax-avoidance strategy failed, the 3rd Circuit has held. The taxes were paid by Schering-Plough, which Merck acquired in 2009. The court labeled as "chutzpah" Schering's contention that it was being singled out by the IRS.
Law Decriminalizing Sexting by Minors Nearing Final Legislative Approval	Top
New Jersey is a step away from having the state attorney general and the courts create a diversionary program as an alternative to criminal prosecution of juveniles who transmit explicit photos of themselves or other minors in a practice known as "sexting."
Former Fried Frank Bookkeeper Still Owes $300K for Embezzlement Scheme	Top
Five years after a former bookkeeper at Fried, Frank, Harris, Shriver & Jacobson pleaded guilty to a 12-year embezzlement scheme, new court filings show she has yet to pay back the more than $300,000 she owes the firm.
Beachcroft in Merger Talks With DAC Over Latest Insurance Firm Tie-Up	Top
Beachcroft is in merger talks with Davies Arnold Cooper in a deal that would create an insurance law firm with combined revenues of about 175 million pounds. The move follows news of merger talks between fellow insurance specialists Clydes and Barlows.Visit International News

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