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Finding Out Where Banks Are 'Citizens'
The meaning of the word "located" was at the heart of a Supreme Court argument last week that could affect a wide range of consumer litigation against national banks. Three circuits -- the 5th, 7th and 9th -- have enhanced banks' ability to get federal court jurisdiction by holding that national banks are citizens only of the state in which they maintain their principal place of business. But the 4th Circuit has held that national banks are citizens of every state in which they maintain a branch.HP Working to Maintain Focus Despite Lawsuits
In the continuing saga of Hewlett-Packard Co. and Autonomy Corp., the head of Autonomy's content management unit said November 29 that he hopes to improve transparency for customers in the wake of financial scandal allegations — but otherwise it's business as usual.Finding out where banks are 'citizens'
The meaning of the word "located" is at the heart of a Supreme Court argument this week that could affect a wide range of consumer litigation against national banks.Conduct of In-House Andersen Attorney Key to Verdict
The testimony of former Enron auditor David Duncan helped a federal jury in Houston convict Arthur Andersen of obstruction of justice, but the same jury said it didn't believe in Duncan's guilt. According to jurors, Duncan's testimony regarding instructions given to him by in-house attorney Nancy Temple, who told him to remove a sentence and her name from a memo, was the knockout blow to Andersen.Alphabetical Names for State Case Digests
Alphabetical listing of case digests.S.F. Venture Capitalist Joins List Suing Sidley Austin
Add a new name to the list of wealthy former clients who have sued Sidley Austin Brown & Wood and tax lawyer R.J. Ruble over complaints about the use of dubious tax shelters. San Francisco venture capitalist Dixon R. Doll, whose capital management firm helped launch more than 50 companies, has sued in federal court with a suit that alleges securities fraud, breach of contract and negligence regarding a tax-shelter product the defendants developed.Cite as: 10 Ellicott Square Court v. Mountain Valley Indemnity, 10-0799-CV, NYLJ 1202476744317, at *1 (2nd Cir., Decided December 23, 2010)Before: Sack and Rag
Cite as: Picard v. HSBC Bank, 11 Civ. 763 (JSR), NYLJ 1202495162509, at *1 (SDNY, Decided April 25, 2011)District Judge Jed S. RakoffDeci
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