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DOJ defends deferred prosecution deal with HSBC
A high-ranking Justice Department official on December 11 defended the government's decision not to seek criminal charges against HSBC Holdings PLC for laundering money for drug traffickers and pariah states.Herbert Smith and Slaughter and May Advise on $1.5 Billion Sinopec Deal
Herbert Smith and Slaughter and May are advising on China Petroleum & Chemical Corp. Ltd.'s $1.5 billion acquisition of a 49-percent equity interest in Talisman Energy (UK) Ltd. (TEUK), the U.K. North Sea business of Canadian oil and gas company Talisman Energy Inc.View more book results for the query "*"
Research: Law Schools Skew Liberal, But Conservatives Also Land Prestige Jobs
Law schools hire more openly liberal professors than openly conservatives ones, but the plum jobs at the most prestigious schools don't appear to be going solely to the liberals.Martinez v. Val Verde County Hospital District
The restrictions the law imposes on minors does not exempt them from time limits imposed by law without statutory tolling provisions.SEC Suit Claims Waste Management Inflated Profits
The SEC filed suit on Tuesday against the founder and five other former top officers of Houston-based Waste Management Inc., alleging that they -- with the assistance of long-time auditor Arthur Andersen -- fraudulently inflated profits by $1.7 billion to meet earnings targets. The complaint charges that the defendants "engaged in a systematic scheme to falsify and misrepresent Waste Management's financial results."Rule Changes for Class Actions Clear Hurdle
The U.S. Judicial Conference has unanimously accepted proposed changes to Federal Rule of Civil Procedure 23, which governs the handling of class actions. One important change would allow judges to reject a proposed settlement unless class members are given a second chance to request exclusion from the class after the settlement terms are known. If accepted by the U.S. Supreme Court and Congress, the amendments would go into effect on Dec. 1, 2003.A Buyer's Guide to Law Firm Software
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Revenue, Profit, Cash: Managing Law Firms for Success
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