The latest from Law.com - Newswire
- Wilmer Tries to Head Off $214 Million In Malpractice Payments
- Panel Revives Banks' Suit Against MBIA Over 2009 Breakup
- Survey: Half of Law Firms Don't Seek Client Feedback
- Supreme Court Sends Judicial Pay Challenge Back to Federal Circuit
- $230M Returned to the U.S. in SEC Case That Could Test Agency's Reach
- Aparna Dave on Wells Fargo's Social Media Successes
- Marc Greenberg on the Issues Companies Face With Social Media
- California Judges on Social Media
- The Am Law 100 2011: Analyzing the Results
- Judge Dismisses Class Action Against Facebook Over 'Friend Finder' Feature
- Senate Confirms Three High-Level DOJ Nominees
- RICO Claims Reinstated in Long Fight Between Steel Supply Rivals
- Reversal possible in Lindsey FCPA case
- Fraud Suit Against Winston & Strawn And Former Partner Can Go Forward
- Ninth Circuit Denies Lawyers' Bid for Fees Under Hyde Amendment
- Bingham, Schulte Roth Win Second Circuit Ruling for Enron Investors
- Ex-Attorney Pleads Guilty to Federal Tax Evasion
- Lawyer says justices' ruling 'wouldn't have mattered'
| Wilmer Tries to Head Off $214 Million In Malpractice Payments | Top |
| Wilmer Cutler Pickering Hale and Dorr is facing the prospect of making $214 million in payments to one of its clients -- an amount that would potentially put the case among the largest public settlements ever for legal malpractice, people in the field say. | |
| Panel Revives Banks' Suit Against MBIA Over 2009 Breakup | Top |
| A fraud suit by a group of banks against bond insurer MBIA over its 2009 breakup is not pre-empted by New York's Insurance Law, the state's high court ruled Tuesday. Civil rights groups had filed amicus briefs, claiming a ruling against the banks would undermine due process rights. | |
| Survey: Half of Law Firms Don't Seek Client Feedback | Top |
| More than 70 percent of law firms that responded to a recent survey said that client feedback affects the way their lawyers conduct business. However, fewer than half formally solicit client critiques and only one-third communicate the feedback to lawyers. | |
| Supreme Court Sends Judicial Pay Challenge Back to Federal Circuit | Top |
| The Supreme Court on Tuesday sent back a constitutional challenge involving federal judges' pay for a second look by the Federal Circuit. The judges' petition for review had been filed in May 2010 and relisted 10 times for consideration in the justices' conferences. | |
| $230M Returned to the U.S. in SEC Case That Could Test Agency's Reach | Top |
| In a case that may test the global reach of the U.S. Securities and Exchange Commission, the agency had $230 million held in a hedge fund's offshore account returned to the United States, where it will remain frozen while the agency's fraud case proceeds. | |
| Aparna Dave on Wells Fargo's Social Media Successes | Top |
| Aparna Dave, Wells Fargo's IP counsel, speaks with LTN editor-in-chief Monica Bay on companies' creation of social media policies and the steps that companies should take after developing those policies. Dave also describes how Wells Fargo uses Twitter and Facebook. | |
| Marc Greenberg on the Issues Companies Face With Social Media | Top |
| Marc Greenberg,co-director of the Golden Gate University School of Law IP Law Program, recently spoke to LTN magazine's editor-in-chief, Monica Bay, about some key social media issues for corporations, including how copyrighted material can be quickly distributed despite legal remedies. | |
| California Judges on Social Media | Top |
| Alameda County Judge Victoria Kolakowski and federal Magistrate Judge Paul Grewal talk about how they use Twitter and Facebook while maintaining judicial ethics. | |
| 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 Dismisses Class Action Against Facebook Over 'Friend Finder' Feature | Top |
| A federal judge has dismissed a class action that claimed Facebook's "Friend Finder" feature violated users' rights to control the use of their names and likenesses, but he rejected Facebook's argument that its policies give it the right to use names or profile photos in any manner. | |
| Senate Confirms Three High-Level DOJ Nominees | Top |
| The Senate has confirmed nominees for three high-level DOJ spots, including Deputy Attorney General James Cole, the most divisive of the nominees. Virginia Seitz will head DOJ's Office of Legal Counsel, and Lisa Monaco will lead DOJ's National Security Division. | |
| RICO Claims Reinstated in Long Fight Between Steel Supply Rivals | Top |
| A steel company's claim that it was harmed by a rival that opened a competing warehouse with funds gained through tax fraud is enough to satisfy the proximate cause for damages under the RICO Act, the 2nd Circuit ruled Tuesday in a nine-year legal dispute. | |
| Reversal possible in Lindsey FCPA case | Top |
| One of the federal government's few successful verdicts in a Foreign Corrupt Practices Act case faces reversal after prosecutors acknowledged for the first time during a court hearing that they had failed to turn over all of an FBI agent's grand jury testimony. | |
| Fraud Suit Against Winston & Strawn And Former Partner Can Go Forward | Top |
| A federal judge on Monday allowed a suit to proceed against Winston & Strawn and former partner Jonathan Bristol, who has pleaded guilty to charges arising out of his role in a multimillion-dollar fraud committed by so-called accountant to the stars Kenneth Starr. | |
| Ninth Circuit Denies Lawyers' Bid for Fees Under Hyde Amendment | Top |
| Three lawyers whose securities fraud charges were dropped during a 2006 trial have failed for a second time to get attorney fees and costs under the Hyde Amendment, with the 9th Circuit rejecting their claims that the government had committed fraud on the court. | |
| Bingham, Schulte Roth Win Second Circuit Ruling for Enron Investors | Top |
| In a case of first impression, the 2nd Circuit has held that payments made by Enron to redeem commercial paper shortly before it collapsed cannot be recovered in bankruptcy proceedings as preferences or fraudulent conveyances. | |
| Ex-Attorney Pleads Guilty to Federal Tax Evasion | Top |
| Kenneth Heller pleaded guilty Monday to income tax evasion, agreeing to pay a civil penalty of $9.8 million for opening a sham offshore corporation and establishing a bank account with UBS AG and parking $26.4 million in the account. | |
| Lawyer says justices' ruling 'wouldn't have mattered' | Top |
| A lawyer for a man who this week lost a bid at Georgia's Supreme Court for his release from a state mental hospital said his client was released from custody four months ago -- and isn't bound by the justices' unanimous ruling to the contrary. | |
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