The latest from Law.com - Newswire
- Judge Spurns SEC-Citigroup Deal as Contrary to Interest in Truth
- Cravath, First Out of the Gate, Announces Bonuses On Par with 2010
- For the justices, the weirder side of consumer protection
- 1st Circuit denies appeal of cyberstalking defendant
- Syracuse Hires Paul Weiss, Fires Coach in Child Sex Abuse Scandal
- Judge Sam Sparks of the U.S. District Court for the Western District of Texas
- Recorder Roundtable: Employment Law
- John Green on Improving the User Experience
- Janet Day on Law Firm IT 'Nirvana'
- Lawyer Suspect Who Fled to Asia to Be Extradited
- Courtside: Stevens offers a spirited defense of Kelo
- Bryan Cave, Holme Roberts Said to Be in Merger Talks
- On Cyber Monday, Feds Shut Down 150 Websites
- Greenspoon Marder is lone suitor for Ruden McClosky
- Soon-to-Retire Judge Claims Lawyer's Delay Forced Mistrial
- Court Tosses Longer Child Porn Sentence
- Panel Backs Use of GPS Device on State Worker's Personal Car
- Cigna Not Entitled to Indemnity for Any of $140 Mil. Settlement
- Ruling Blocks ConEd From Evicting Tenant Near the WTC
- In Hot Market, Energy Lawyers Jumping Between D.C. Law Offices
- Will a Merger Between King & Wood and Mallesons Work?
Judge Spurns SEC-Citigroup Deal as Contrary to Interest in Truth | Top |
A New York federal judge has rejected a proposed $285 million settlement between the SEC and Citigroup over the marketing of collateralized debt obligations that the bank was also selling short. Judge Jed S. Rakoff said Citigroup created a billion-dollar fund that enabled it to "dump some dubious assets on misinformed investors" while being allowed to settle the case without admitting wrongdoing. | |
Cravath, First Out of the Gate, Announces Bonuses On Par with 2010 | Top |
Keeping with its tradition of being first to announce end-of-year bonuses for associates, Cravath, Swaine & Moore said Monday it will distribute cash rewards this year that look a lot like the ones the firm doled out in November 2010, according to a memo released to associates. | |
For the justices, the weirder side of consumer protection | Top |
The Supreme Court struggled Monday with whether Congress, in creating a private right of action for consumers under a statute that prohibits robocalls and unsolicited faxes, limited them to suits in state courts. The case was one of two argued Monday in which consumers sought access to the federal courts. | |
1st Circuit denies appeal of cyberstalking defendant | Top |
The 1st Circuit has rejected the appeal of a criminal defendant in a case that raised issues of first impression involving interstate stalking, cyberstalking and threats by mail. The appeals court also found that the sentencing court's enhancements and departures were not in error and met the test for "substantive reasonableness." | |
Syracuse Hires Paul Weiss, Fires Coach in Child Sex Abuse Scandal | Top |
More than a week before firing longtime assistant basketball coach Bernie Fine, Syracuse University trustees retained Paul, Weiss, Rifkind, Wharton & Garrison to review the school's initial response to allegations that Fine had sexually abused boys. | |
Judge Sam Sparks of the U.S. District Court for the Western District of Texas | Top |
U.S. District Judge Sam Sparks of Austin talks about the role of humor in the courtroom. | |
Recorder Roundtable: Employment Law | Top |
Four experts discussed recent developments in employment law at a Recorder Roundtable on Nov. 9 in San Francisco. | |
John Green on Improving the User Experience | Top |
John Green, CIO of Baker Donelson, speaks at ILTA with LTN's editor in chief, Monica Bay, about an initiative to improve the user experience at his firm by tracking and mapping every application in use using the Aternity Frontline Performance Intelligence software. | |
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. | |
Lawyer Suspect Who Fled to Asia to Be Extradited | Top |
Former Crowell & Moring counsel Douglas R. Arnsten has agreed to be extradited from Hong Kong to face charges that he stole millions of dollars from client escrow funds. Arnsten was arrested after failing to appear at a meeting where he was supposed to return some of the missing money. | |
Courtside: Stevens offers a spirited defense of Kelo | Top |
In a recent speech at an Alabama law school, retired Supreme Court Justice John Paul Stevens offered a lengthy defense of his 2005 decision in Kelo v. City of New London, which he readily acknowledged was "the most unpopular opinion that I wrote during my 34-year tenure on the Supreme Court." | |
Bryan Cave, Holme Roberts Said to Be in Merger Talks | Top |
Bryan Cave and Denver-based Holme Roberts & Owen are said to be engaged in talks about a potential tie-up. Earlier this month, Holme Roberts managing partner Randall Miller acknowledged his firm was having conversations with potential suitors in an effort to bolster its national profile. | |
On Cyber Monday, Feds Shut Down 150 Websites | Top |
Federal authorities announced on Monday the seizure of 150 domain names for websites that featured alleged knock-offs of jerseys, handbags, sports equipment and other items. The results of the undercover operation top last year's crackdown, when investigators shut down 82 websites. | |
Greenspoon Marder is lone suitor for Ruden McClosky | Top |
Greenspoon Marder is on track to acquire Ruden McClosky after no other parties appeared at a scheduled auction to bid on the Florida law firm. On a downward spiral for two years, Ruden filed for bankruptcy protection this month and separately reached a merger agreement with Greenspoon Marder. | |
Soon-to-Retire Judge Claims Lawyer's Delay Forced Mistrial | Top |
A New York judge has ruled that an attorney should face a sanctions hearing for allegedly dragging out a divorce trial to prevent the judge from finishing the case before she leaves the bench upon reaching the mandatory state retirement age. | |
Court Tosses Longer Child Porn Sentence | Top |
The 11th Circuit has vacated a child pornography defendant's 17 1/2-year sentence, ruling that the government had to prove the defendant sent pornography to a child -- not an unidentified adult posing as one -- in order to hit the defendant with an increase found in federal sentencing guidelines. | |
Panel Backs Use of GPS Device on State Worker's Personal Car | Top |
The New York Inspector General's placement of a GPS device on the private vehicle of a government employee suspected of falsifying attendance records did not violate the employee's rights, an appeal panel has held over dissenting judges' objection that the employee was tracked even during a vacation. | |
Cigna Not Entitled to Indemnity for Any of $140 Mil. Settlement | Top |
A Philadelphia judge has ruled that Cigna is not entitled to indemnity for any of the $140 million it agreed to pay to settle a class action eight years ago because it intentionally failed to apportion the payments between RICO claims, which were covered by its professional liability insurance policy, and breach of contract claims, which were not. | |
Ruling Blocks ConEd From Evicting Tenant Near the WTC | Top |
A Manhattan judge has enjoined Consolidated Edison from evicting a would-be developer from a property near Ground Zero where he wants to install a controversial Muslim community center. The injunction blocks the utility from ejecting 51 Park Place for allegedly violating a default notice. | |
In Hot Market, Energy Lawyers Jumping Between D.C. Law Offices | Top |
Energy lawyers are in demand in Washington these days, with top-ranked lawyers jumping from firm to firm as the practice area heats up. The most recent move came last week, when McDermott Will & Emery announced it picked up go-to natural gas regulatory partner Karol Lyn Newman from Morgan, Lewis & Bockius.Visit lawjobs.com News & Views | |
Will a Merger Between King & Wood and Mallesons Work? | Top |
No one thought a merger between a Chinese law firm and an international firm would happen so soon. China's King & Wood and Australia's Mallesons both have international ambitions that a deal seems to address -- but the success or failure of a merged firm could partly depend on a somewhat unpredictable player: China's government.Visit International News | |
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