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November 7, 2009

Expanding Insider Trading Probe Nets Lawyers

New York Law Journal

Attorneys Arthur J. Cutillo and Jason Goldfarb were among several people arrested Thursday in a hedge fund insider trading scandal. They are part of the second wave of a scandal that broke three weeks ago with the arrest of Galleon Management head Raj Rajaratnam.

Testing the Scope of Bank of America's Privilege Waiver

The American Lawyer

A group of plaintiffs lawyers is testing whether Bank of America's waiver of attorney-client privilege in the Merrill Lynch flap might apply to shareholder suits against BofA related to its merger with Merrill.

Court Revives Cell Phone Radiation Cases

The National Law Journal

The D.C. Court of Appeals has revived suits by individuals who say they were harmed by cell phone radiation, adding to a debate on whether national regulations trump state laws on cell phone safety issues.

VIDEO

Sidebar: Challenges Facing the SEC

Ralph Ferrara of Dewey & LeBoeuf talks to the Litigation Daily about the challenges facing the Securities and Exchange Commission.

More Videos »

LEGAL BLOG NEWS

'Scent Lineup' Suspects Bite Back

Bruce Carton checks out a New York Times article on convictions stemming from police use of "scent lineups." One hitch: Sometimes the dogs don't sniff out the real criminal. After watching a video of one such lineup, an "animal investigation expert" said: "If it was not for the fact that this is a serious matter, I could have been watching a comedy."

Legal Blog Watch

DOJ: Employment Discrimination a Top Priority

The Obama administration renewed its push Thursday for legislation that would prohibit employment discrimination against gays and lesbians.

$1.7 Billion Verdict Survives Post-Trial Motions

After J&J's Centocor won the largest patent infringement award in history against Abbott Labs, Abbott expressed confidence it would prevail. The company still says so, although the judge who oversaw the trial has denied its post-trial motions.

 

SPECIAL REPORTS

Madoff Watch

ALM
Bernard Madoff

Bernard Madoff’s $50 billion Ponzi scheme has rocked the financial world, sparking a range of legal proceedings. Keep up with Law.com’s coverage and the latest filings in civil, criminal and bankruptcy actions in our special section.

Crisis on Wall Street

ALM
Crisis on Wall Street

As Wall Street's woes continue, Law.com presents ongoing coverage of the financial meltdown from across the globe, with ALM updates on what it means for law firms and lawyers. See if your law firm is on The Layoff List.

FEATURES

Despite Gains, Gender Parity in Partnerships Is a Long Way Off

New York Law Journal
woman tug

As Sullivan & Cromwell celebrates the promotion of four women among five new partners, experts warn that more needs to be done to shrink gender disparity in partnerships. The proportion of women partners has increased only four points to 19.2 percent in the last decade, according to NALP.

Businesses Tackle Consumer 'Gripe' Sites

New York Law Journal
finger pointing

Online objections to a corporation's products or services -- posted on "gripe" sites by former employees or consumers -- can threaten the target's operations. Although these postings can subject the posters to liability, companies might want to first consider alternatives to litigation.

Reinstatement: How Valuable Is Below-Market Secured Debt?

Special to Law.com
Perkins Coie's Steven M. Hedberg

Examining Charter Communications' reorganization plan, Perkins Coie's Steven M. Hedberg notes that, while debtors historically have used bankruptcy to get a better deal, Charter used the process to hold onto what it had. Will other companies follow the same course of action?

Personal Injury Veterans to Merge N.J. Firms

New Jersey Law Journal
Gerald Baker

Kenneth Javerbaum and Gerald Baker are among New Jersey's leading personal injury litigators and teachers, and now they're going to practice together. As of next month, Baker and his two partners will be of counsel to 19-lawyer Javerbaum Wurgaft Hicks Kahn Wikstrom & Sinins.

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