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Friday, October 7, 2011

Y! Alert: Law.com - Newswire


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Upstate Foreclosure Firm Fined $2 Million, Agrees to Overhaul Its Filing Practices Top
According to a settlement agreement announced Thursday, one of New York state's biggest foreclosure law firms will revamp its practices and pay a $2 million fine to settle a probe that found it had filed misleading pleadings, affidavits and mortgage assignments in state and federal courts.
 
IV Targets Motorola Phones in Latest Patent Filing Top
Intellectual Ventures has filed a patent infringement suit against Google's $12.5 billion acquisition, Motorola Mobility, over Motorola's Android-based phones. The suit creates a potentially embarrassing scenario for Google, which has invested in IV.
 
Oracle Reaches $199.5 Million Settlement with DOJ over Government Contracts Top
Five years after a $98.5 million settlement in a qui tam suit brought by a London & Mead whistleblower client, the Justice Department announced Thursday that Oracle will pay $199.5 million to settle a False Claims Act suit brought by another London & Mead whistleblower client.
 
2011 Law Department Compensation Benchmarking Survey Top
News reports about the overall U.S. economy may still be trending negative, but the results of Corporate Counsel's 2011 Law Department Compensation Benchmarking Survey show that salaries and bonuses for in-house lawyers are finally on the upswing.
 
Crowell Hit With Ethics Complaint Over Inbreeding Comment Top
An assistant law professor has filed an ethics complaint against Crowell & Moring and four of its lawyers over a controversial client memo issued in response to an academic study exploring possible links between mountaintop coal mining and birth defects in the Appalachian region.
 
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.
 
Dechert, Simpson Thacher Win Dismissal of Lehman ERISA Class Action Top
In the Lehman Brothers bankruptcy case, a federal judge has granted motions to dismiss an ERISA class action for good, concluding that the plaintiffs still hadn't shown that the defendants should be held responsible for losses suffered by participants in Lehman's retirement plan.
 
LSAC settles test taker's ADA complaint Top
The Justice Department has announced a settlement under which the Law School Admission Council will give a University of Minnesota graduate with ADD and a learning disability several previously denied accommodations when sitting for the Law School Admission Test.
 
Closing Attorneys' Role Ignored in Suit Over Bank Fees Charged to Veterans Top
A federal whistleblower suit brought by two executives of an Atlanta-based mortgage company that accuses the nation's largest banks of illegally billing legal fees to some 1.2 million veterans sidesteps the role played by closing attorneys who got those fees.
 
CFPB Nominee Cordray Passes Out of Committee Top
The Senate Banking Committee on Thursday voted along partisan lines to approve the nomination of Richard Cordray to head the new Consumer Financial Protection Bureau, but he still faces an uphill battle for confirmation. The former attorney general of Ohio, Cordray was nominated by President Obama in July.
 
Rep. Issa Quizzes FHFA About Firms Hired to Sue Financial Institutions Top
A House panel has asked the Federal Housing Finance Agency to explain why it hired outside counsel from Quinn Emanuel Urquhart & Sullivan and from Kasowitz Benson Torres & Friedman to file 17 lawsuits against financial institutions, and how much it is paying them.
 
Foreclosure lawyer John Ruiz goes after lenders behind in foreclosure fees Top
A Miami foreclosure defense lawyer has embarked upon a major offensive against dozens of lenders nationwide, firing off a volley of whistleblower lawsuits claiming they owe Miami-Dade County hundreds of millions in unpaid foreclosure fees.
 
Justices Breyer and Scalia tutor senators, public on finer points of law Top
An elementary introduction to constitutional law, as well as some pointed questions about how the U.S. Supreme Court operates, came to Congress this week, courtesy of Justices Stephen Breyer and Antonin Scalia, who were making a rare appearance before the Senate Judiciary Committee.
 
Judge Vows 'Close and Continuing' Oversight of Firefighter Hiring Top
A federal judge has issued a remedial order that includes the appointment of a court monitor "for at least 10 years" to ensure that the New York City Fire Department stops relying on what the judge says are hiring practices that discriminate against blacks and Hispanics.
 
Nissan Transmission Flaw Causes Breakdowns, Class Action Claims Top
An allegedly defective transmission has some Nissan owners stuck in neutral, and the carmaker knew of the problematic component but sold models equipped with it anyway, according to a putative class action filed in New Jersey.
 
Trustee sues college to get son's tuition back Top
Two millionaires' nasty divorce has put a son's college tuition at stake in a related bankruptcy case. After a Florida ophthalmologist filed for bankruptcy protection, the bankruptcy trustee sued the college -- and the son -- to recover a tuition payment to reimburse the ex-husband.
 
Countrywide faces more litigation from investors Top
Months after Countrywide Financial agreed to pay billions of dollars to settle investors' claims over its ill-fated mortgages, the lender is facing a new round of litigation by institutional investors that purchased its mortgage-backed securities.
 

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