Second Circuit Rebuffs Madoff Feeder Fund Investor Trying to Sue PWC
May 19, 2012
An investor who lost $60 million in the Madoff feeder fund Greenwich Sentry continues to be thwarted in his effort to sue the fund’s auditor, PricewaterhouseCoopers. On Friday, the U.S. Court of Appeals for the Second Circuit affirmed a ruling that G. Philip Stephenson couldn’t pursue his malpractice and fraud claims.
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Second Circuit Rebuffs Madoff Feeder Fund Investor Trying to Sue PWC
Yankees Score Multi-Million-Dollar Home Run in Federal Circuit
May 19, 2012
The U.S. Court of Appeals for the Federal Circuit affirmed on Friday a $159.6 million damages award to nuclear utilities Yankee Atomic Electric Co., Maine Yankee Atomic Power Co. and Connecticut Yankee Atomic Power Co. in the long-running spent nuclear fuel battle with the federal government.
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Yankees Score Multi-Million-Dollar Home Run in Federal Circuit
Fair use limits set in Ga. State digital copying decision
May 19, 2012
An Atlanta federal judge has set the standard for when schools can give their students access to excerpts of copyrighted works without paying licensing fees — although her approach may be revisited in a potential appeal by publishers who had challenged practices at Georgia State University.
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Fair use limits set in Ga. State digital copying decision
Justice’s Disclosure Highlights Medical Marijuana Debate
May 19, 2012
New York lawmakers battling to legalize the medicinal use of cannabis are lauding an op-ed column by Brooklyn Supreme Court Justice Gustin Reichbach in which he admitted smoking marijuana to cope with the effects of cancer. But Reichbach’s civil disobedience could be construed as disrespect for the law he is pledged to support.
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Justice’s Disclosure Highlights Medical Marijuana Debate
As Facebook Goes Public, Privacy Lawyers Chase Its Billions
May 19, 2012
Facebook may rake in more than $18 billion in its initial public offering. And plaintiffs lawyers are already vying for a big chunk of the proceeds: Plaintiffs in a proposed privacy class action have filed an amended complaint demanding $15 billion in damages and injunctive relief.
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As Facebook Goes Public, Privacy Lawyers Chase Its Billions
New Law Takes Canadian Spam Off the Marketing Menu
May 19, 2012
If you think your company doesn’t send spam, you may want to double-check. A Canadian anti-spam law with global reach is poised to cast a wide net for offending communications. Given the hefty fines and class action potential, the new law is sure to prompt tough conversations between in-house counsel and company marketing departments.
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New Law Takes Canadian Spam Off the Marketing Menu
Did End of Missouri Malpractice Case Feed Dewey’s Money Woes?
May 19, 2012
The abrupt dismissal of a $3 billion malpractice case came amid concerns about Dewey’s finances and a stream of partner departures, but it’s hard to know whether resolving it added to the fiscal woes that overtook Dewey. That’s because the settlement’s terms, and details about how much the firm agreed to pay out, are shrouded in secrecy.Also see: Dewey: Profiles in Something from The Am Law Daily
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Did End of Missouri Malpractice Case Feed Dewey’s Money Woes?
Risky business
May 19, 2012
The financial services industry and more than a dozen top law firms that represent the industry are expressing concern that reaction to JPMorgan’s recent $2 billion loss could sour months of expensive lobbying work on Capitol Hill and before key regulatory agencies. Nowhere is this tension more apparent than in the push and pull over the pending multiagency Volcker Rule, which proponents say could rein in the activity that led to the company’s massive trading loss.
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Risky business
Judge Allows EEOC Disability Discrimination Suit to Move Forward
May 18, 2012
A federal judge in Illinois has handed the U.S. Equal Employment Opportunity Commission a much-needed win, ruling that a disability discrimination suit may go forward even though the agency did not individually investigate and attempt to settle every class member’s claim before filing suit.
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Judge Allows EEOC Disability Discrimination Suit to Move Forward
Was the Safeway General Counsel’s Big Joke Sexist?
May 18, 2012
The general counsel of Safeway, a Fortune 100 company, tried to make like Jay Leno and tell a joke at the supermarket chain’s annual meeting this week. However, some folks weren’t amused and are now branding Robert Gordon a sexist and vowing not to shop at the retailer.
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Was the Safeway General Counsel’s Big Joke Sexist?
