The latest from Law.com - Newswire
- Justices struggle over strip-search case
- Raj Rajaratnam Sentenced to 11 Years for Insider Trading
- Goodwin Procter Knocks Out Massive Class of Subprime Borrowers in Case Against Countrywide and Bank of America
- The End of an Era for Stock Option Backdating Scandals
- FTC proposes watering down guidelines to market food to children
- Janet Day on Law Firm IT 'Nirvana'
- The Final Rothstein Auction
- Doug Caddell on Foley & Lardner's Freedom of Computing
- Appellate Lawyer of the Week: Jonathan Turley
- Onyx and Bayer Settle Drug Development Suit Mid-Trial
- Trade secret theft outside U.S. is basis for barring imports, Federal Circuit rules
- Faegre & Benson, Baker & Daniels Say Their Merger is Officially On
- Twitter Makes Deal for 'Tweet' Mark
- Another Attorney Sentenced in Insider Trading Scheme
- The Careerist: Tell Your Daughter About Anita
- Judge rejects MGA's antitrust suit against Mattel
- Nigerian Pleads Guilty to Underwear Bomb Attack
- Appeal in Pennsylvania Mineral Rights Case Could Shake Up Marcellus Gas Drilling
- Bankers Who Took TARP Money Charged with Fraud
- Economic claims against Toyota going to trial in July 2013
- The Lawyer as Confidant
Justices struggle over strip-search case | Top |
The Supreme Court on Wednesday struggled with whether jail officials may have a blanket policy of conducting intrusive strip searches of all arrestees, even those detained for minor offenses, or whether the Fourth Amendment requires reasonable suspicion for such searches. | |
Raj Rajaratnam Sentenced to 11 Years for Insider Trading | Top |
The pivotal figure in the most wide-ranging insider-trading prosecution in history was given a break by Judge Richard Holwell, who pronounced sentence after ruling for the government on virtually everything it wanted in calculating the sentencing range, which he agreed was between 19 1/2 and 24 1/2 years in prison. | |
Goodwin Procter Knocks Out Massive Class of Subprime Borrowers in Case Against Countrywide and Bank of America | Top |
A California federal judge has knocked out a proposed class of more than 500,000 Countrywide borrowers. Unfortunately for the plaintiffs, Wal-Mart v. Dukes, which tightened the requirements for plaintiffs to plead class commonality, came down just two months after they moved for certification. | |
The End of an Era for Stock Option Backdating Scandals | Top |
Former Juniper Networks general counsel Lisa Berry's backdating settlement with the Securities and Exchange Commission this week may have symbolized the end of an era -- but the vigor with which the agency has pursued corporate executives on fraud claims has left a lasting impression on lawyers. | |
FTC proposes watering down guidelines to market food to children | Top |
Regulators plan to water down proposed industry guidelines restricting foods marketed to children. The director of the FTC's Bureau of Consumer Protection told House members Wednesday that "brand equity characters" like Kellogg's Tony the Tiger would no longer run afoul of the guidelines. | |
Janet Day on Law Firm IT 'Nirvana' | Top |
LTN reporter Evan Koblentz speaks with Berwin Leighton Paisner CIO Janet Day about her "concept of nirvana," in which the consumerization of IT in law firms -- where lawyers use and maintain their favorite devices for work -- makes the help desk unnecessary. Koblentz and Day also discuss Hewlett-Packard's move to become more consumer-focused as Apple potentially becomes more business-focused. | |
The Final Rothstein Auction | Top |
The third and final auction of items from Ponzi schemer Scott Rothstein features a stuffed lion, dozens of pricey shoes and dresses and a $3,000 Hello Kitty purse. | |
Doug Caddell on Foley & Lardner's Freedom of Computing | Top |
Doug Caddell, CIO at Foley & Lardner, speaks with LTN staff reporter Evan Koblentz at ILTA about his firm's policy of giving lawyers the freedom to buy the technology they need -- instead of dictating choices. Freedom of computing, he says, allows firms to focus more on business issues and less on infrastructure. | |
Appellate Lawyer of the Week: Jonathan Turley | Top |
When Jonathan Turley is not teaching at George Washington University Law School or blogging, he is a litigator whose cases can never be described as boring. In this video interview with Tony Mauro, Turley discusses his high-profile case on Utah's anti-polygamy law. | |
Onyx and Bayer Settle Drug Development Suit Mid-Trial | Top |
Two weeks into a jury trial, agreements have been reached that give Onyx a 20 percent royalty on future worldwide sales of a new Bayer drug in development that could substitute for Onyx's main pharmaceutical Nexavar. Bayer also will pay Onyx a $160 million lump sum related to sales of Nexavar. | |
Trade secret theft outside U.S. is basis for barring imports, Federal Circuit rules | Top |
In a split ruling, the Federal Circuit has upheld an International Trade Commission order that barred a company in China from importing railway wheels into the United States because the company misappropriated trade secrets in China from a U.S. company. | |
Faegre & Benson, Baker & Daniels Say Their Merger is Officially On | Top |
Faegre & Benson and Baker & Daniels announced Wednesday that they will combine operations under the Faegre Baker Daniels name as of Jan. 1, creating a combined entity with about 770 lawyers and, according to the most recent Am Law 100 figures, total gross 2010 revenues in excess of $400 million. | |
Twitter Makes Deal for 'Tweet' Mark | Top |
Twitter now has the rights to "tweet." Twittad, an online advertising company, has transferred trademark rights to the word "tweet" to Twitter in exchange for a dismissal of its trademark infringement suit over Twittad's trademarked phrase "Let Your Ad Meet Tweets." | |
Another Attorney Sentenced in Insider Trading Scheme | Top |
Michael Kimelman, a non-practicing attorney, has been sentenced to serve 2 1/2 years in prison for his role in the Zvi Goffer insider trading case. Emanuel Goffer was sentenced this month to three years in prison. His brother, Zvi Goffer, was sentenced in September to 10 years. | |
The Careerist: Tell Your Daughter About Anita | Top |
Did your legal career begin before the Clarence Thomas-Anita Hill hearings, or after? If you entered the legal profession before those infamous hearings of 20 years ago, you might recall a meaner, coarser workplace than your younger counterparts. Here's why Hill's testimony still matters today. Visit The Careerist | |
Judge rejects MGA's antitrust suit against Mattel | Top |
A federal judge has tentatively dismissed an antitrust suit filed by MGA Entertainment against Mattel, ruling that the maker of the Bratz doll was barred from asserting claims that it should have brought in a previously filed copyright infringement case. | |
Nigerian Pleads Guilty to Underwear Bomb Attack | Top |
A Nigerian man said Wednesday he tried to bring down an international flight over Detroit with a bomb in his underwear in retaliation for the killing of Muslims worldwide, taking a federal court by surprise as he pleaded guilty on the second day of his trial. | |
Appeal in Pennsylvania Mineral Rights Case Could Shake Up Marcellus Gas Drilling | Top |
What does a property dispute over a 130-year-old deed in Pennsylvania have to do with the rush to extract untold billions of dollars worth of natural gas from the Marcellus shale? Plenty, if the heirs of a mineral-rights holder get their way in a case that's before the state's highest court. | |
Bankers Who Took TARP Money Charged with Fraud | Top |
Former top executives of United Commercial Bank, which took $300 million in TARP money in 2008 only to fail the following year, face criminal and civil fraud charges, federal authorities announced Tuesday. The bank was the first TARP recipient to fail, costing the FDIC an estimated $2.5 billion. | |
Economic claims against Toyota going to trial in July 2013 | Top |
A proposed class action alleging economic losses on behalf of consumers in California and several other states, caused by Toyota vehicles' alleged sudden, unintended acceleration, will begin in July 2013, the federal judge overseeing the multidistrict litigation said Tuesday. | |
The Lawyer as Confidant | Top |
Although some lawyers may claim otherwise, the professional restrictions on violating confidences extend far beyond the attorney-client privilege, writes Stroock & Stroock & Lavan's Joel Cohen, who examines the pitfalls of treating a lawyer like a confidant. | |
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