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With class certification briefing due next month, BofA may turn out to have been smart for getting out early from this sweeping MDL, which alleges that more than a dozen banks fleeced their most vulnerable depositors by charging exorbitant overdraft fees.
Georgia Juvenile Court Judge to Quit, Blames Pay Shuffle
Cobb County, Ga., Juvenile Court Presiding Judge James F. Morris is stepping down, and money is the reason. The 57-year-old Morris, who has been a juvenile court judge for 11 years, says he hasn't seen a dime of the $170,000 the Legislature earmarked for Cobb juvenile judges last year. That money, Morris says, went directly from the Legislature to Cobb's coffers.Ex-Fulton ADA Shawn LaGrua to Head DeKalb Corruption Unit
Prosecuter Shawn E. LaGrua is set to become DeKalb County, Ga.'s assistant district attorney and head the new public corruption unit. This means LaGrua will assist in the grand jury investigation into DeKalb Sheriff-elect Derwin Brown's murder and public corruption in the sheriff's office. Also of interest: a Kilpatrick Stockton IP lawyer heads to Russia to teach copyright law; and recent firm news in Georgia.Lehman Brothers Holdings Inc. and its lawyers at Weil Gotshal & Manges may never see the end of litigation stemming from Lehman's bankruptcy, but they've scored a victory in long-running legal battle with origins that predate the bank's collapse: Lehman's $22 billion leveraged buyout of real estate investment trust Archstone four years ago.
BellSouth Picks N.Y. Firm to Handle $67 Billion Deal
Atlanta law firms may have slowed the flow of mergers and acquisitions deals to New York over the past decade, but hometown corporate icon BellSouth Corp. chose a Gotham firm as its lead adviser for the phone company's largest-ever deal. Fried, Frank, Harris, Shriver & Jacobson represents BellSouth on the company's pending $67 billion acquisition by AT&T of San Antonio, Texas. It's the fifth major M&A deal since April 1999 for which New York-based Fried Frank was hired as BellSouth's lead legal adviser.University of Georgia Admissions Policy Deemed Unconstitutional
Calling the constitutional viability of using race to diversify a collegiate student body "an open question," the 11th U.S. Circuit Court of Appeals said the issue warrants consideration by the U.S. Supreme Court. But the three-judge panel's declaration that the University of Georgia's admissions process is unconstitutional should be enough to allow the college to revamp the process without further judicial intervention.Ex-Winston Attorney Charged With Laundering Fraud Proceeds
A former New York partner at Winston & Strawn, Jonathan S. Bristol, pleaded not guilty yesterday to charges of laundering more than $20 million through his escrow accounts in connection with an alleged multi-million dollar fraud run by Kenneth Starr, a financial advisor to celebrities.Trending Stories
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