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The 25 Biggest Stories of 2007
When the editors of Legal Times sat down to compile our list of the legal and lobbying stories that were biggest in 2007, the mess at the DOJ Alberto Gonzales' role in it was without question our number one choice for biggest story of the year. Without apology, we think that Gonzales and his team made for the most compelling legal news story.Pressing AIG Action Has More Than Symbolic Value, A.G. Argues
After eight years of litigation and roughly $1.7 billion in federal court settlements and fines, is there any authority - or even any point - in continuing to pursue former American International Group officials in a state civil enforcement action?Fannie Mae Shareholders Challenge U.S. Takeover With Freddie Mac
Fannie Mae and Freddie Mac shareholders sued the United States, alleging that the 2008 takeover of the housing lending giants was illegal and cost investors billions of dollars.SCLC Sues Ex-President for Breach of Fiduciary Duty
A long-simmering rift within the Southern Christian Leadership Conference has landed in court, with the civil rights group suing its leader, the Rev. Joseph E. Lowery, for breach of fiduciary duty, and suing an affiliated group led by Lowery's wife for fraud. The dispute between the SCLC board and its women's division centers on the women's group's status as a separate incorporated entity that uses the SCLC name in fund raising.Asian buyers target U.S. hotels as affluence increases travel
High-end hotels in large U.S. cities are attracting buyers from Hong Kong, China and Singapore seeking to cater to a growing number of affluent Asians traveling abroad.View more book results for the query "US Bank National Association"
Treasury GC stays cool during crisis
It's 7 a.m. on Sept. 18, and Robert Hoyt, general counsel at the Treasury Department and the busiest lawyer in Washington, sounds chipper as he barrels through the laundry list of crises he's helped manage during the last several weeks.He's praising his team, running down some of the nuts and bolts of the work he's handled and chatting about his old days at Wilmer Cutler Pickering Hale and Dorr.Lockley Lawyers Tip Scales in Enhanced Fees
The sexual harassment case of New Jersey prison guard Robert Lockley continues to generate big numbers. His lawyers at Edison's Wong Fleming have won an $822,000 fee award that includes a 60 percent enhancement for winning a difficult victory: last July's jury award of $3.75 million in compensatory and punitive damages, the largest reverse sexual harassment verdict in the country.At the High Court, Sometimes It's Personal
Like only a handful of top Supreme Court advocates in private practice, Jenner & Block's Donald Verrilli Jr. routinely leavens his corporate work with pro bono representation for criminal defendants. He argues passionately for death row inmates, mainly on issues of ineffective assistance of counsel. Though he brings as much zeal to his paid cases, Verrilli says that criminal cases are different: "In part it's what I bring to it, but also what the justices bring. It's emotionally charged on both ends."Revisiting Reasonable Reliance in Credit Fraud Cases
Michael C. Hefter and Daniel S. Meyers, partners at Bracewell & Giuliani, write: Decisions issued in the wake of the Court of Appeals' holding in 'DDJ Management v. Rhone' demonstrate that while in some cases, lower courts have interpreted the decision as lowering the threshold of reasonable reliance that must be pled by sophisticated parties, courts will nevertheless readily dismiss claims if the plaintiff has not demonstrated that, prior to entering into the relevant transaction, it took reasonable steps to protect itself against deception.Environmental Law: Financing Tool Offers Help With Energy Upgrades
In 2012, Connecticut passed legislation which gives property owners access to 100 percent upfront, low-cost, long-term financing for building energy upgrades. Commercial & Industrial Property Assessed Clean Energy (C-PACE) is an innovative financing program to increase access to cleaner, cheaper, and more reliable energy.Trending Stories
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