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How 'Winning' Cases Took a Wrong Turn at the High Court
The Institute for Justice and the Liberty Counsel are both public interest groups that mounted broad-based campaigns to bring seemingly winning issues before a conservative Supreme Court during the just-ended term. For one group, the issue was eminent domain. For the other, it was preserving Ten Commandments displays. Both groups lost when a single justice they had hoped would vote with them defected, turned off by the facts of the cases. The rulings are a testament to the power that one justice can wield.Mont. lawmakers punt on physician-assisted suicide
HELENA, Mont. (AP) - Montana legislators had been asked to choose between two proposed bills in creating a physician-assisted suicide law: Ban the practice altogether or create regulations for doctors and terminally ill patients to follow.Paxil Antitrust Class Action Could Cost SmithKline $65 Million
SmithKline Beecham has agreed to pay $65 million to settle a class action antitrust suit brought by consumers who alleged they paid inflated prices for Paxil because the pharmaceutical giant allegedly filed a series of "sham" patent lawsuits in a campaign to delay any generic version of the anti-depressant drug from reaching the market. Plaintiffs lawyers have asked the judge to award them attorney fees of $19.5 million because the case presented complex and novel issues of antitrust law.Nonsalary Payments Raise Ethics Issue
In-house lawyers are witnessing a transformation in their compensation. Salary is no longer a straight sum; following executive compensation trends, company lawyers commonly receive a mix of salary, bonus and stock options. Now the American Bar Association is examining whether nonsalary compensation, often tied to company performance, may impair a lawyer's independence or create other ethical concerns.Short-Term Loans Bridging Cash Gap In Available High-Yield Debt Finance
It's been a dismal year for high-yield debt financing. End-of-the-year jitters, interest rate fluctuations and an inexplicable flight of cash from bond funds have left many companies scrambling to raise money using other forms of financing. To fill the financing gap, lawyers are structuring an increasing number of short-term, "bridge" loans.Conn. land vacant 4 years after court OK'd seizure
NEW LONDON, Conn. AP - Weeds, glass, bricks, pieces of pipe and shingle splinters have replaced the knot of aging homes at the site of the nation's most notorious eminent domain project.There are a few signs of life: Feral cats glare at visitors from a miniature jungle of Queen Anne's lace, thistle and goldenrod.The Legal's Lifetime Achievement Awards
As part of its 170th anniversary, The Legal for the first time awarded some of Pennsylvania's most influential attorneys with Lifetime Achievement Awards. Each honoree was asked to provide a brief quote or anecdote about what the law has meant to them.Trending Stories
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