0 results for 'Jones Day'
Creditors Committee Raises Stakes in Lehman-Barclays Dispute
The creditors committee in the Lehman Brothers bankruptcy fired a shot Tuesday in a dispute over whether Barclays received an improper "windfall" in its purchase of Lehman's North American assets and liabilities last September. The dispute has resulted in several motions for discovery and at least three suits. Now, the creditors committee has filed a motion under the terms of the Hague Convention, in the hopes that a U.K. court will require two huge U.K.-based entities to turn over documents related to the Barclays deal.3rd Circuit: Bankruptcy Cases Should Consider Pension Plans as a Whole
In a decision that could have far-reaching implications if more large American companies file for bankruptcy, the 3rd Circuit has ruled that multiple pension plans should be considered in the aggregate for purposes of reorganization under Chapter 11. In the opinion for In re Kaiser Aluminum Corp., Judge Marjorie O. Rendell wrote that the case raises among the circuit courts an issue of first impression involving Chapter 11 debtors seeking to terminate multiple pension plans simultaneously.Cite as: People v. Thomas Clay, 10361/06, NYLJ 1202499230076, at *1 (App. Div., 2nd, Decided June 28, 2011)Before: By Skelos, J.P.; Dickerson, Eng and Lott, JJ.
Sharp Rise In Big Suits Against Firms
It's getting more expensive for corporate lawyers to defend themselves in malpractice cases. A soon-to-be-released study by the American Bar Association shows that the number of big-ticket malpractice suits � those with claims of $2 million or more � has risen dramatically since 1996.Pennie Found to Have Violated Ethics Rules
A Manhattan judge has ruled that recently closed intellectual property law firm Pennie & Edmonds violated state disciplinary rules when it represented clients who later became adverse parties in patent litigation. Justice Charles E. Ramos said he would refer the matter to the Departmental Disciplinary Committee. The committee can recommend punishments, including disbarment for the attorneys in question.Full 11th Circuit Will Hear Satan Worshipper's Arson Case
After 16 months, federal prosecutors finally got what they wanted: a second chance. The full 11th Circuit last week agreed to rehear a case in which a split panel tossed the arson convictions of a Satan worshipper who set fire to five Georgia churches during the 1998 Christmas and New Year's holidays. The case is the next move in a long debate -- stemming from a U.S. Supreme Court decision -- over Congress' power to regulate interstate commerce.Silicosis Ruling Leaves Plaintiffs Bar Reeling
The so-called phantom epidemic of silicosis has become a hot potato for the plaintiffs bar.'Law of Nature' or 'Invention'? Court Mulls Patentability of Genes
Before a standing-room only courtroom, a New York federal judge heard arguments Tuesday in a lawsuit questioning the patentability of human genes. The dispute centers on whether genes, once separated from the lengthy DNA sequence, are sufficiently "new and useful" to be deemed patentable under federal patent law. Multiple amicus briefs were filed on behalf of both sides of the case, which has become a lightning rod for the issue of genetic patenting.Trending Stories
Unlocking the Power of Early Case Assessment Workflows
Brought to you by Integreon
Download Now
Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
Brought to you by LexisNexis®
Download Now
Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
Brought to you by Gallagher
Download Now
State AI Legislation Is on the Move in 2024
Brought to you by LexisNexis®
Download Now