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Thursday, December 8, 2011

Y! Alert: National Law Journal


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Wachovia to pay $148M for manipulating municipal bond market Top
The Justice Department has announced that Wachovia Bank N.A., now known as Wells Fargo Bank N.A., will pay $148 million to federal and state agencies after admitting to anticompetitive activity in the municipal bond investments market.
 
Government misconduct in FCPA prosecution cited in related case Top
A federal judge's dismissal of convictions in a high-profile FCPA case due to prosecutorial misconduct has prompted a defense attorney in a related prosecution to challenge the government's case against his client.
 
Law school establishing branch in Savannah Top
Atlanta's John Marshall Law School announced on Dec. 8 that is has received American Bar Association approval to open a Savannah branch campus next fall. The new location will be called Savannah Law School.
 
General public may now register for controversial, porn-related dot-XXX domains Top
Amid lingering controversy about dot-XXX generic top-level domain names for the adult entertainment industry, the registration process was opened up to the general public this week and a fast-track dispute resolution program unrolled.
 
N.C. Central dean returning to private practice Top
Raymond Pierce, the dean of North Carolina Central University School of Law, will step down at the end of the academic year to become a partner in the Raleigh office of law firm Nelson Mullins Riley & Scarborough.
 
7th Circuit rules for borrower over BOA in Truth in Lending Act case Top
The U.S. Court of Appeals for the 7th Circuit has revived a borrower's case against Bank of America and a title company for giving him one instead of two copies of a notice advising of a three-day right to cancel a refinancing.
 
Indiana dean will balance provost duties with leadership of law school association Top
Lauren Robel is gearing up for a busy 2012. A mere month before the dean of the Indiana University Maurer School of Law-Bloomington is to assume to the presidency of the Association of American Law Schools, university leaders have tapped her as the interim provost of the entire Bloomington campus.
 
Pom Wonderful loses jury verdict on trademark violations claim — again Top
A federal jury on Dec. 6 rejected Pom Wonderful LLC's claims that Ocean Spray Cranberries Inc. misled consumers by selling a product that contained trace amounts of pomegranate juice.
 
ABA seeks better treatment of the disabled by LSAT administrator Top
The ABA's Commission on Disability Rights has asked the council to change the way it handles requests for testing accommodations, to "ensure that the exam reflects what the exam is designed to measure, and not the test taker's disability."
 
ANTITRUST: A brighter future for private plaintiff challenges? Top
In their suit opposing the AT&T merger, Sprint and Cellular South could redefine scope of relief available.
 
ANTITRUST: DOJ's suit against AT&T: rhetoric v. reality Top
From a traditional antitrust analysis, it would be hard to see how the government can lose this one in court.
 
ANTITRUST: Antitrust standing and the new economy Top
Innovation and network effects have the potential to alter the traditional analysis.
 
ANTITRUST: Recent cases on antitrust implications of petitioning foreign governments Top
There appears to be a modest trend favoring immunization of foreign conduct, but courts are still elusive as to providing a clear articulation of the basis for it.
 
ANTITRUST: Filers learn to adapt to changes under Hart-Scott-Rodino Top
New rules eliminate some forms of information and add others to make what's required more relevant to antitrust review.
 
What Steve Jobs can teach law firms about marketing Top
How can your firm turn what it is about into a message that resonates and inspires?
 
OPINION: We need a national Justice Index Top
Such an index would provide state-specific information about our legal system, such as whether courts have sufficient resources to hold jury trials.
 
OPINION: Reform the Foreign Corrupt Practices Act Top
A good way would be to create an absolute defense to prosecution when a company self-reports a violation.
 
When unmarried cohabitants split up Top
Courts often review agreements between them under contract principles; in contrast to prenups, no default rules apply.
 
WHITE-COLLAR CRIME: Taking a stand on taking the stand Top
The decision about whether a defendant testifies should be exceptionally nuanced; ramifications are hard to judge.
 
LAW SCHOOLS REVIEW Top
Rising tuition. Misleading employment statistics. Inadequate skills training. One law school professor has launched a full-scale assault on the legal education system in response to these mounting issues. Are law schools in crisis?
 
The Minority 40 Under 40 Top
The lawyers profiled here were all born in the 1970s, a decade when law schools and law firms were just beginning to welcome minorities in significant numbers. The thriving careers of these lawyers — at law firms and in government, academia and public interest — attest to the greater opportunities available to them, as well as to their talents.
 

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