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Monday, July 4, 2011

Y! Alert: Law.com - Newswire


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With $4.5 Billion Bid, Group Led by Apple and Microsoft Claims Nortel Patents Top
In a patent auction unprecedented in size and scope, a consortium of high-tech heavyweights banded together to buy Nortel Networks' trove of more than 6,000 remaining patent assets for a record-shattering $4.5 billion. Google came away empty-handed.
 
Clement settles in at small firm Top
Former Solicitor General Paul Clement gives his first extended interview since the fateful day two months ago when he rocked the legal world by resigning from King & Spalding and jumping to the far smaller Bancroft.
 
Game On: Cooley, Ropes & Gray Grab Roles on Zynga's $1 Billion IPO Top
Zynga Game Network became the latest Silicon Valley darling to strut its stuff in public on Friday when the world's largest developer of games for social media networks filed for a $1 billion initial public offering.
 
Sketching out the term Top
The story of the Supreme Court's 2010-11 term can be gleaned from the decisions on its last day: high hurdles for injured persons seeking to hold companies accountable, vigorous protection for speech of most types and the quick emergence of a freshman justice.
 
Strauss-Kahn Freed Without Bail, But Charges Stand Top
Former IMF chief Dominique Strauss-Kahn was released from house arrest Friday after prosecutors acknowledged serious questions about the credibility of the hotel maid who accused him of sexual assault. The charges against him stand -- for now, at least.
 
WaMu Defendants To Settle Securities Claims for $208.5 Million Top
Defendants targeted by shareholders of defunct Washington Mutual -- including the company's former directors and officers, investment banks that underwrote WMI stock, and the company's auditor -- have agreed to pay $208.5 million to settle securities fraud charges.
 
Toyota enlists Boutrous in its appeal of class ruling Top
Theodore Boutrous, coming off a significant U.S. Supreme Court victory for Wal-Mart, has joined the legal team of Toyota Motor, which simultaneously announced plans to pursue the appeal of a ruling affecting class actions in the sudden acceleration litigation.
 
Caplin & Drysdale Helps Stephen Colbert Form His Super PAC Top
Caplin & Drysdale's Trevor Potter, an election law veteran who previously served as general counsel for John McCain's presidential campaigns in 2000 and 2008, represented comedian Stephen Colbert in his successful quest to form his own political action campaign.
 
Divided Appeals Court Rules Against IRS In Tax Refund Dispute Top
The full D.C. Circuit voted 6-3 to allow a group of taxpayers to challenge the procedure the Internal Revenue Service set up to refund billions of dollars collected through an unlawful tax on telephone calls.
 
Motorcycle Rumble: Two Attorney-Members at Odds Over Club's Name and Logo Top
There was a time when motorcycle "clubs" settled their internal disputes with knives and chains. But the HardRiders Motorcycle Club and two of its attorney-members will settle their differences inside a Texas courthouse.
 
1st Circuit allows inmate's case against physician's assistant over denial of HIV drugs to proceed Top
The 1st Circuit has issued a split ruling in a case brought by a Maine jail inmate claiming an Eighth Amendment violation over being denied HIV drugs for 22 months, saying his claims against a physician's assistant could move forward.
 
3rd Circuit: Pa. Can Assert Liens to Recover Medicaid Payments Top
In a ruling that will have a direct and immediate impact on the litigation and settlement of personal injury cases, the 3rd Circuit has ruled that Pennsylvania has the right to assert liens to recover Medicaid payments.
 
'Click Here for Lawyer' Websites Held Ethical, So Long as They Don't Mislead Top
New Jersey lawyers can advertise on websites that send prospective clients their way so long as the sites are not misleading, the state Supreme Court Committee on Attorney Advertising says in an advisory opinion.
 
McCarter & English Plan 'Grosses Up' Workers Insuring Same-Sex Partners Top
Joining a growing number of firms and companies around the country, McCarter & English has adopted a plan to offset unequal tax treatment faced by employees who cover same-sex partners in their health insurance plans, raising the gross pay of those affected with a new "gross up" policy.Visit lawjobs.com News & Views
 
Former Prosecutor Leaves Job to Sell Gourmet Popsicles Top
Nicholas J. Carse gave up a job as an assistant prosecutor in Georgia's Gwinnett County a year ago to sell homemade frozen fruit pops with his brother from a cart outside of a gas station. Their business, King of Pops, quickly became a local sensation, and so far, he has no regrets.Visit lawjobs.com News & Views
 

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