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Tuesday, July 5, 2011

Y! Alert: Law.com - Newswire


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Survey: Law Firm Malpractice Claims on the Rise Top
Law firms are being hit with significantly more malpractice claims in 2011 than in 2010, according to a new survey. The sputtering economy and a sagging real estate market are the main culprits.
 
In-House Counsel Caught in the Crosshairs of Righthaven Litigation Top
Since a Nevada federal judge ordered Righthaven to explain why it shouldn't be sanctioned for "flagrant misrepresentation" to the court, two in-house counsel have become caught in the crosshairs of the case.
 
Outsourcing pioneer blazes a new trail: bringing work back from India Top
Responding to automation changes and rising costs in India, Minneapolis-based Schwegman Lundberg & Woessner is moving its docketing and paralegal support services to South Dakota, about a decade after helping to pioneer the trend of outsourcing legal work.
 
Williams & Connolly, Simpson Thacher Slam FDIC in Defense of WaMu Execs Top
In motions to dismiss FDIC claims that three former top executives at Washington Mutual ran the bank into the ground, defense lawyers have accused the FDIC of allowing WaMu to fail and then recklessly permitting JPMorgan to acquire its banking assets for a song.
 
Argentine Bank Funds Ruled Safe From Attachment Top
Addressing issues of first impression, the 2nd Circuit has held that funds of the Banco Central de la Republica Argentina held at the Federal Reserve Bank of New York are immune from attachment and execution under the Foreign Sovereign Immunities Act.
 
John Jablonski Rumbles About Rambus Top
John Jablonski, partner at Goldberg Segalla in New York, speaks with Monica Bay, LTN magazine's editor-in-chief, about the Federal Circuit's recent Rambus decision and what it means for corporations and document preservation.
 
MoFo Makes Injunction Pitch in Apple's Infringement Battle with Samsung Top
Apple's lawyers at Morrison & Foerster have asked a federal judge to issue a preliminary injunction preventing Samsung from making or selling several of its Android phone and tablet computer products.
 
More Picard Claims Catapulted from Bankruptcy Court; Judge Rakoff Takes Partial Control of $1 Billion Suit Against Mets Owners Top
In the battle between Madoff trustee Irving Picard and the owners of the New York Mets, Manhattan federal district court Judge Jed Rakoff has granted the Mets' owners' motion to move certain issues out of bankruptcy court and agreed to hear those issues himself.
 
Governor releases APS report after getting AG opinion Top
Georgia Gov. Nathan Deal has released the contents of a "troubling" report alleging widespread cheating by Atlanta public school teachers and administrators on standardized tests, following a determination by the state attorney general that the report is a public record.
 
For Banks, MERS Ruling Could Raise Cost of Foreclosures Top
In a ruling that could make foreclosures more complicated, a New York appeals court has found that the Mortgage Electronic Registration Systems cannot assign the right to foreclose if it does not hold the promissory note underlying a mortgage.
 
Guess Co-Founder Loses Suit for IRS Investigation Top
Guess Inc. co-founder Georges Marciano has lost his bid in federal court for an order forcing the IRS to investigate his tax returns and liabilities. Marciano claimed he was the victim of identity theft, fraud, embezzlement and other financial crimes.
 
1st Circuit: Employer's headcount at time of discrimination determines damages caps Top
A company's employee headcount at the time of a discriminatory act, not at the time of trial, determines damages caps in an employment discrimination suit, a unanimous 1st Circuit panel has ruled in an issue of first impression.
 
Ruling Upholds 'Testimonial' Dying Declaration Top
Addressing a question left open in a 2004 U.S. Supreme Court ruling, a New York state appeals panel has found that the U.S. Constitution's confrontation clause does not bar the use at trial of dying declarations even where they are clearly "testimonial" in nature.
 
D.C. Circuit Declines to Wade Into Yucca Mountain Dispute Top
The long and bitter fight over building a nuclear waste dump at Yucca Mountain, Nev., goes on after the D.C. Circuit ruled on Friday that it's too soon to challenge the Obama administration's decision to kill the project.
 
Clifford Chance Duo Follow Funds Partners to Weil Gotshal Top
Weil Gotshal is hiring Clifford Chance senior associates Stephen Fox and David Irvine to join a London funds team recently recruited from the Magic Circle firm. The moves come amid U.S. law firms' aggressive recruitment in the European private equity market.Visit International News
 
Australia's Litigation-Funding Giant Looks Abroad Top
IMF (Australia) Ltd. pioneered the litigation-funding business in Australia, the only country where it truly has become an industry. Now, IMF is eyeing the U.S., the U.K., Hong Kong, Singapore and other common law jurisdictions. But can it transform the litigation landscape abroad as it has at home?Visit International News
 

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