The day's top legal stories accompanied with summaries.
Signaling its continued focus on how major industry players communicate with investors, the SEC has announced a $119 million settlement with Charles Schwab for misleading investors.
The Winklevoss twins get little sympathy, and will probably get even less relief.
Supreme Court Justice Elena Kagan announced her first opinion Tuesday, ruling in a bankruptcy case in which she was joined by all her colleagues except for dissenting Justice Antonin Scalia.
Jon Hacker is a well-known figure at the high court, and he's now getting his first chance to argue a case before justices in the so-called "Zicam case."
Henry Dicker, vice president of ALM Events and executive director of LegalTech, discusses what's new for LegalTech New York 2011 (Jan. 31 to Feb. 2) with Monica Bay, Donziger muses 'The judicial system is so utterly weak' in Anne Kershaw, president of the nonprofit eDiscovery Institute, discusses the institute's new guidebook designed to help judges understand the technology and the cost-reduction processes used in e-discovery.
In an unsigned fax, a tipster with apparent inside knowledge of the SEC's settlement negotiations with Citigroup has raised allegations against the agency's enforcement director.
A federal judge on Monday certified a class of potentially 320,000 owners and lessees of Prius hybrids who have reached a settlement with Toyota over claims that their LED headlights are defective because they intermittently shut off.
Australia's leading law firms are bracing themselves for damage and disruption as the mass floods that have swept across Queensland spread toward Brisbane.
Snow and ice closed down some of Atlanta's biggest firms on Monday and Tuesday, including King & Spalding. Alston & Bird and Troutman had skeleton crews stay in hotels and run their offices.
A federal bankruptcy court judge has vindicated Washington Mutual's $7 billion global settlement with JPMorgan Chase and the FDIC, but denied confirmation of WaMu's reorganization plan.
Mortgage lenders allegedly engaged in widespread "robo-signing" of residential mortgage foreclosure documents are scrambling to comply with a court order to demonstrate their procedures are sound and comply with the law.
A Rhode Island beach town can post bright orange stickers on houses where an "unruly gathering" occurred, according to a recent U.S. Court of Appeals for the 1st Circuit ruling that rejected the appellants' claims of stigmatization.
Updated: 1 year 5 weeks ago
SEC Reaches $119 Million Settlement With Charles Schwab
Signaling its continued focus on how major industry players communicate with investors, the SEC has announced a $119 million settlement with Charles Schwab for misleading investors.
Judges Not Likely to Undo Facebook-ConnectU Settlement
The Winklevoss twins get little sympathy, and will probably get even less relief.
Justice Kagan Announces Her Debut Opinion
Supreme Court Justice Elena Kagan announced her first opinion Tuesday, ruling in a bankruptcy case in which she was joined by all her colleagues except for dissenting Justice Antonin Scalia.
Appellate Lawyer of the Week: Jonathan Hacker
Jon Hacker is a well-known figure at the high court, and he's now getting his first chance to argue a case before justices in the so-called "Zicam case."
Henry Dicker: LegalTech New York 2011 Preview
Henry Dicker, vice president of ALM Events and executive director of LegalTech, discusses what's new for LegalTech New York 2011 (Jan. 31 to Feb. 2) with Monica Bay,
Latest Chevron Outtake: 'They're All Corrupt!'
Donziger muses 'The judicial system is so utterly weak' in
Anne Kershaw: Judges' Guide to Cost-Effective E-Discovery
Anne Kershaw, president of the nonprofit eDiscovery Institute, discusses the institute's new guidebook designed to help judges understand the technology and the cost-reduction processes used in e-discovery.
SEC to Probe Claims That Khuzami Caved to Citigroup Pressure in $75 Million Settlement
In an unsigned fax, a tipster with apparent inside knowledge of the SEC's settlement negotiations with Citigroup has raised allegations against the agency's enforcement director.
Prius headlights class action certified following settlement
A federal judge on Monday certified a class of potentially 320,000 owners and lessees of Prius hybrids who have reached a settlement with Toyota over claims that their LED headlights are defective because they intermittently shut off.
Australia's Law Firms Evacuate as Mass Floods Hit Brisbane
Australia's leading law firms are bracing themselves for damage and disruption as the mass floods that have swept across Queensland spread toward Brisbane.
Snow Snags Work at Atlanta Law Firms
Snow and ice closed down some of Atlanta's biggest firms on Monday and Tuesday, including King & Spalding. Alston & Bird and Troutman had skeleton crews stay in hotels and run their offices.
Judge Finds WaMu Bankruptcy Settlement With JPMorgan and FDIC Reasonable
A federal bankruptcy court judge has vindicated Washington Mutual's $7 billion global settlement with JPMorgan Chase and the FDIC, but denied confirmation of WaMu's reorganization plan.
Mortgage Lenders Push To Avert Suspension of Foreclosure Cases
Mortgage lenders allegedly engaged in widespread "robo-signing" of residential mortgage foreclosure documents are scrambling to comply with a court order to demonstrate their procedures are sound and comply with the law.
Town may post "unruly gathering" stickers on private homes, rules 1st Circuit
A Rhode Island beach town can post bright orange stickers on houses where an "unruly gathering" occurred, according to a recent U.S. Court of Appeals for the 1st Circuit ruling that rejected the appellants' claims of stigmatization.
On the High Court's Fall Docket, Few Blockbusters -- but Plenty to Watch
The Supreme Court's fall term opens today with a historic first -- three women on the bench -- though as yet, few blockbuster challenges have appeared on the docket. But there's plenty to watch, including a high number of business-related cases, and challenges involving speech and religion, job discrimination, sentencing, prosecutorial immunity, right to counsel and privacy. And it's the second term in a row where Court watchers will be closely examining a new justice for clues on how she will approach cases.
Partner Compensation: The Downturn's New Touchy Subject
With the economic recovery still creeping along at a snail's pace, The Recorder checked in with Kristin Stark, a San Francisco-based consultant with Hildebrandt Baker Robbins, about the prevailing mood and themes of her current day-to-day dealings with Am Law 100 and 200 clients. In this Q&A, Stark describes the growing tension inside law firms over partner pay and suggests some actions that law firms can take to keep rainmakers from walking out the door.
Prior Suit May Signal Fate of Cases Against Ga. Megachurch Pastor
Despite a flurry of news reports, the suits alleging that Georgia megachurch pastor Eddie Long coerced young men into sexual relationships are in the earliest stages of litigation. But some clues about how the cases may fare can be found in the matter of another megachurch pastor who was accused by a former congregant of sexual coercion. An opinion issued last year in that case -- which relied in part on a case about a lawyer who had an affair with his client -- shows how Georgia courts view such claims.
