Prosecutions under the U.S. Foreign Corrupt Practices Act against individuals, businesses or government entities dropped by 52 percent in 2012, compared to 2011, according to TRACE, a Maryland-based nonprofit that focuses on anti-bribery compliance. However, enforcement actions are surging this year, said Julie Coleman, TRACE's senior director of advisory services. "Originally, it was off to a slow start, but there are a lot of things percolating."
A Texas-based conservative group called True the Vote filed suit today against the IRS in U.S. District Court for the District of Columbia. The complaint for declaratory action against the agency echoes revelations last week that the IRS used political criteria to target conservative groups for extra scrutiny on applications from tax-exempt organizations.
A divided Federal Circuit has affirmed a jury verdict upholding the validity of a patent owned by licensing company Alexsam that covers systems used to process prepaid phone and gift cards. But it reversed the Marshall, Texas, jury's finding that IDT Corp., had infringed the patent for one system, and affirmed the district court's ruling that there was no infringement on another.
With the U.S. Department of Justice under fire for secretly obtaining Associated Press phone records, a newly unsealed court document has revealed that federal prosecutors seized far more than phone records in one pending leak case. A DOJ investigation into leaks about classified information about North Korea also looked at a reporter's security badge access records and his personal emails.
The Justice Department's legal ethics division will look at whether a former U.S. Attorney violated department rules when he disclosed information to a news reporter, an inspector general report released Monday states. Dennis Burke admitted to releasing to a Fox News producer a memorandum related to the Operation Fast and Furious gun-trafficking program, the report found.
Everyone knows that litigation often settles on the eve of trial. But sometimes it takes the reality of a retrial to bring the parties to the bargaining table. That was the case for Silicon Valley rivals Brocade Communications and A10 Networks, which reached a settlement in their long-running intellectual property spat even as jury selection was under way for a new trial on damages.
The recently established Institute for Law Department Excellence is on a mission to enable in-house attorneys to focus on practicing law, and to help those in key operations learn from each other. "If you are going to enable your lawyers to do lawyering," ILDE president Bill Young says, "they cannot be spending 25 to 40 percent of their time on administrative stuff."
LegalTech West Coast kicks off Tuesday with keynote from D. Casey Flaherty. Monica Bay interviews Cisco's ethics team and Stanford Law's Roland Vogl. [MORE]
An Indiana attorney has been suspended from practice for three years for pursuing a romantic relationship with a summer law clerk and attempting to destroy her legal career when she rejected his advances.
Simpson Thacher & Bartlett is advising Yahoo in connection with its largest acquisition in a decade: the $1.1 billion cash purchase of blogging and social media platform Tumblr. Tumblr, meanwhile, is represented by Gunderson Dettmer Stough Villeneuve Franklin & Hachigian.
Latham & Watkins is fighting an attempt to disqualify the firm as lead trial counsel for Union Pacific Railroad, a defendant in multidistrict litigation over freight rail fuel surcharges.
Companies have wielded the Supreme Court's Morrison v. National Australia Bank in case after case to strike down securities claims related to overseas investments. So it's no surprise that the defense bar -- including the lawyer who won Morrison back in 2010 -- came out in force Friday to back UBS AG in an appeal that could blunt or even undermine Morrison's force.
Last month, a federal judge wiped out all but $5.7 million in potential damages from Dexia's $774 million fraud case against JPMorgan Chase over mortgage-backed securities. But now, the judge has brought the case back from the dead, ruling that he never had jurisdiction to hear the case in the first place.