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January 19, 2007 |

Murdered Woman's Estate Accepts $700,000 in Police-Negligence Suit

Large settlements and verdicts in New Jersey.
4 minute read
September 13, 2004 |

Satire's Not Free Speech -- Wait, Just Kidding

The Texas Supreme Court has unanimously ruled that political satire is a protected form of free speech, even if it's not clearly labeled or attributes false quotes to public officials. Writing for the court, Justice Wallace Jefferson noted there were numerous clues that an alternative weekly's article was a joke, including an unorthodox headline and photo, and reference to a fictional group called God-fearing Opponents of Freedom (GOOF).
4 minute read
May 08, 2013 |

Chancery Invokes 'Special-Facts' Doctrine in Stock Sale Dispute

A director who possess a special or secret knowledge of a company's future plans or resources has a fiduciary duty to disclose that information in a private stock transaction, the Delaware Court of Chancery has ruled invoking the rarely-used "special facts" doctrine.
5 minute read
August 01, 2011 |

Banks find mortgage cases hard to shake

Investors suing Bank of America Corp. and more than a dozen other underwriters to force the buyback of $6.7 billion in downgraded mortgage securities have defeated efforts by the banks in pretrial skirmishes to throw out the cases or move them from state courts.A Washington state judge in Seattle said in rulings over the past two months that Bank of America, Goldman Sachs Group Inc.
6 minute read
February 06, 2008 |

Locke Lord launches new practice group focused on subprime aftermath

Locke Lord Bissell & Liddell has formed a new financial guaranty insurers section to help financial guaranty insurers facing legal action related to the subprime mortgage market collapse.
1 minute read
August 29, 2006 |

Texas Attorneys Can Participate in Online Legal Matching Service

Lawyers can pay a fee to participate in an online service that matches lawyers with potential clients, as long as the service exercises no discretion in those matchups, a State Bar of Texas ethics committee determined. The decision addresses "the fine line between solicitation and advertising when you use a nonlawyer, for-profit Internet service to obtain clients," says attorney Paul Koning. Texas' disciplinary rules prohibit solicitation by nonlawyers on behalf of lawyers for a fee but allow advertising.
4 minute read
May 03, 2011 |

'Dumb Money' flees Muni funds as investors snap up single bonds

John Hirsch, 57, has been buying municipal bonds during the past four months, taking advantage of falling prices as muni mutual funds are forced to sell them to cover withdrawals.
7 minute read
January 14, 2013 |

VERDICTS & SETTLEMENTS

6 minute read
April 30, 2008 |

Potential Loss of Back Pay in ERISA Retaliation Cases

William D. Frumkin, a partner at Sapir & Frumkin, writes that the long-standing notion that plaintiffs would be entitled to back pay under ERISA �510, in accordance with the view that �502(a)(3) permitted make-whole remedies to sound in restitution, has recently been subject to attack by the Tenth Circuit and lower courts throughout the country, including the Southern District of New York.
10 minute read
January 22, 2002 |

Kmart Files for Bankruptcy

Kmart Corp.'s celebrated "BlueLight" gained a distinctive tinge of red after the company filed for Chapter 11 Tuesday in U.S. Bankruptcy Court in Chicago, making it the largest retailer to seek bankruptcy protection in history. But, hoping to emerge from bankruptcy by 2003, Kmart said it expects to secure $2 billion in debtor-in-possession financing from entities including Credit Suisse First Boston and J.P. Morgan Chase.
3 minute read

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