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77 Big Firms Attack SEC Bid to Force Revealing Client Secrets
Tamara [email protected] are up in arms about new rules being proposed by the Securities and Exchange Commission that they claim will force them to disclose client confidences. Seventy-seven of the nation's biggest law firms have filed a letter with the SEC "expressing our concern" with the proposed rules.'Super Mario' Monti's Tangled Legacy
How will legal scholars view Mario Monti's tenure as the EU's antitrust chief? Some say his dismantling of the notoriously arrogant merger task force changed for the better the way competition cases are handled. Others say he created an overly cautious, almost paranoid commission that's too concerned with protecting itself from court challenges. But whether he likes it or not, Monti will forever be associated with a trio of embarrassing 2002 court decisions.Cite as: In re: Lehman Brothers Securities, 09 MD 2017 (LAK), NYLJ 1202509001378, at *1 (SDNY, Decided July 27, 2011)District Judge Lewis A. Kaplan
Arrest of Russian Opposition Leader Raises Tough Questions for Country's Legal System
Russian prosecutors charged anticorruption lawyer and blogger Alexei Navalny, one of President Vladimir Putin's harshest critics, with embezzlement Tuesday in connection with a 2009 timber deal in which he participated as an unpaid adviser. The criminal charges, which carry a five-to-10 year prison term, are the latest to be lodged against a vocal Kremlin critic and have some U.S. lawyers with Russian expertise skeptical about the country's commitment to the rule of law.