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The Court vacated the honest services convictions of the Enron and Hollinger execs but remanded their cases to the circuit courts to determine if other parts of their convictions can stand. We've got predictions from Skilling counsel Dan Petrocelli at O'Melveny and Black counsel Miguel Estrada at Gibson--and an opposing take from Black's prosecutor, Eric Sussman, who's now at Kaye Scholer.
Latham to Open Two Offices in Spain
Few U.S. law firms have entered the Spanish legal market, but Latham & Watkins is changing that. The firm announced Monday that it will open offices in Madrid and Barcelona on Jan. 1. "Spain is actually a very strong economy in Europe and has been extremely active in the private equity markets," said Latham Chairman and managing partner Robert Dell. Latham lured M&A hotshot Jose Luis Blanco from the large Spanish law firm Cuatrecasas to head up its new operation, which will be headquartered in Madrid.CRC Report Says Increased Amount of 'Junkets for Judges'
Despite negative publicity about "junkets for judges" in recent years, a watchdog group reports today that more federal judges than ever are taking subsidized trips.At PricewaterhouseCoopers, Rules Made to Be Broken
Opponents of multidisciplinary practices claim MDPs will lower professional standards for lawyers. And at least one Big Five accounting firm seems bound and determined to prove its multidisciplinary practice has a considerably more casual attitude towards rules and regulations than most law firms do. George Kraw adds his two cents to the ongoing debate on MDPs.Judge: Plaintiffs in Wal-Mart Discrimination Class Action Can Depose Former Executive
The last time federal Judge Martin Jenkins heard arguments in a major gender discrimination suit against Wal-Mart, he certified a class now estimated to include 2 million of the company's female employees. Three years later, he's given plaintiffs more good news. Jenkins agreed Wednesday to lift a stay on discovery, to allow for the deposition of a former Wal-Mart executive. The details of Thomas Coughlin III's failing health tipped the balance in favor of the plaintiffs' request for a new deposition.Trending Stories
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