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Milberg Firm, 2 Name Partners Indicted
David Bershad and Steven Schulman, and the firm that ends in their names, were indicted Thursday by federal prosecutors for kickbacks in class actions, despite attempts at a deal to avoid prosecution. Now ... what about William Lerach?ABA Approves Changes to Technology-Related Ethics
In her Internet Issues/Social Media column, Shari Claire Lewis, a partner at Rivkin Radler, writes: Recent changes to the Model Rules reflect the continuing importance of technology to the practice of law, and the concomitant need for lawyers to be aware of client confidentiality and client relationship issues that result. As technology continues to evolve and become ever more central to the practice, lawyers in New York, and across the country, must continue to think about, analyze, and respond to these issues as part of their day-to-day practice.Can 'Roe' Survive the Arrival of Alito?
If the gun wasn't smoking, it was at least warm to the touch. Last week's discovery of a 20-year-old memo showing that Supreme Court nominee Samuel Alito Jr. helped craft the Reagan administration's strategy to overturn Roe v. Wade sparked alarm among Democrats and abortion rights advocates. But Alito's opposition to abortion isn't the question the Senate will likely concern itself with at next month's confirmation hearings.Legality of Big Soda Ban Stirs Debate
If New York City bans big sodas, what's next? Large slices of pizza? Double-scoop ice cream cones? Tubs of movie-theater popcorn? The 16-ounce strip steak? Opponents of the proposed ban may use that slippery-slope argument along with other legal strategies to try to block the first-in-the-nation rule.Cozen O'Connor Shows Modest Gains in Revenue, PPP
Cozen O'Connor's key financial indicators were relatively flat for 2008, though the firm was able to pay out $8 million in supplemental bonuses to its partners.Changes to Key Employee Retention Plans Modify Treatment Under Bankruptcy Law
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 significantly modified the treatment of key employee retention plans and severance plans in bankruptcy, by adding a new �503(c), which eliminates much of the discretion that debtors had previously enjoyed in implementing KERPs and severance plans and that bankruptcy courts enjoyed in evaluating them. Attorney David Crapo takes a look at how courts have responded to disputes over corporate compensation plans in the wake of these changes.Media Metrix Sues to Squash Rivals
If you can't beat 'em, sue 'em. That appears to be Jupiter Media Metrix's new competitive strategy in the ever-tougher business of online audience measurement. The market researcher filed two new patent-infringement lawsuits against Paris-based NetValue and Milpitas, Calif.-based NetRatings. Media Metrix was no doubt emboldened by Wednesday's settlement of a similar suit against PC Data.Regulators shut 6 Ga banks, 1 in New York state
WASHINGTON AP - Regulators on Friday shut six banks in Georgia and a small bank in New York state, raising to 64 the number of federally insured banks to fail this year.The Federal Deposit Insurance Corp. was appointed receiver of the banks: six bank subsidiaries of Security Bank Corp., based in Macon, Ga.; and Waterford Village Bank of Clarence, N.A law firm accused of shaking down Internet porn consumers by threatening to expose their identities is kicking up a storm at the U.S. Court of Appeals for the Ninth Circuit. And the first merits brief isn't even filed yet.
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