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March 18, 2013 |

Tech Circuit: Washington to Los Angeles to Hong Kong Edition

This weekend marked the start of "first-to-file" patents, and it will be interesting to see how the new laws change the patent dynamics over the next months and years. Here are a few observations from the legal technology community on the race to the USPTO, LegalTech news on Hong Kong and L.A., and the Pope's infallibility. [MORE]
8 minute read
January 31, 2011 |

Getting Fired: Don't Deal With the In-House Counsel and Deal With It Publicly?

Heaven forbid, IF you get fired, don't talk with the in-house counsel and deal with it in a public manner? Uh oh, that's not what an in-house lawyer wants to hear ...
157 minute read
Securities and Exchange Commission v. Raj Rajaratnam, 10-462-cv
Publication Date: 2010-09-30
Practice Area: Business Law
Industry:
Court: U.S. Court of Appeals, Second Circuit
Judge: Before: Raggi, Lynch, and Chin, C.JJ
Attorneys:
For plaintiff: Kevin P. McGrath, Senior Trial Counsel, Securities and Exchange Commission, New York, New York (Valerie A. Szczepanik, Senior Trial Counsel, Securities and Exchange Commission, New York, New York; David M. Becker, General Counsel, Mark D. Cahn, Deputy General Counsel, Jacob H. Stillman, Solicitor, Mark Pennington, Assistant General Counsel, David Lisitza, Senior Counsel, Securities and Exchange Commission, Washington, DC, on the brief), for Plaintiff-Appellee. Reed M. Brodsky, (Andrew L. Fish, on the brief), Assistant United States Attorneys for Preet Bharara, United States Attorney for the Southern District of New York, New York, New York, for Amicus Curiae United States of America in support of Plaintiff-Appellee.
For defendant: Patricia A. Millett, Akin Gump Strauss Hauer & Feld LLP, Washington, DC (Robert H. Hotz, Jr., Samidh Guha, Akin Gump Strauss Hauer & Feld LLP, New York, New York; John M. Dowd, Terence J. Lynam, William E. White, Kevin R. Amer, Issaac J. Lidsky, Anne J. Lee, Akin Gump Strauss Hauer & Feld LLP, Washington, DC, Alan R. Kaufman, James M. Keneally, Thomas B. Kinzler, Kelley Drye & Warren LLP, New York, New York, on the brief), for Defendants-Appellants. Craig Green, Associate Professor, Temple Law School, Philadelphia, Pennsylvania, Douglas R. Jensen, Park & Jensen LLP, New York, New York, for Amici Curiae John Does Number One, Two and Three. Marc Rotenberg, (John Verdi, Jared Kaprove, on the brief), Electronic Privacy Information Center, Washington, DC, for Amicus Curiae Electronic Privacy Information Center (EPIC) in support of Defendants-Appellants.
Case number:

Cite as: Securities and Exchange Commission v. Raj Rajaratnam, 10-462-cv, NYLJ 1202472687879, at *1 (2d Cir., Decided September 29, 2010)Before: Raggi, Lynch,

September 14, 2007 |

Top 20 Personal Injury Awards of the Year

Here are the largest personal injury verdicts reported by the Law Journal between July 10, 2006, and September 3, 2007, ranked in order of their value as of date of verdict or settlement.
33 minute read
January 16, 2002 |

Plaintiffs Unable to Prove Securities Fraud

IKON Office Solutions Inc. paid $111 million to settle a shareholders` suit that accused the company of overstating its income, but a federal appeals court has now ruled that the same investors don`t deserve a penny from the accounting firm of Ernst & Young because they simply have no evidence that its audit was performed recklessly.
7 minute read
June 05, 2008 |

New Deals

A group including Barcelona-based Abertis Infraestructuras, which operates toll roads in France and Spain; a Citigroup Inc. infrastructure fund; and Criteria CaixaCorp SA, the investment arm of a Catalan savings bank, has won a bid to lease the Pennsylvania Turnpike for $12.8 billion.
4 minute read
May 04, 2006 |

Medieval Writ Keeps Debtor Imprisoned for 10 Years

Warren Matthei spent 10 years in prison for not paying debts, including an $85,000 legal bill he owed a solo divorce lawyer. Matthei failed to convince judges he honestly was unable to pay, and so they held him on a rare medieval writ, even after other detainers expired. Finally, attorney Jeffrey Wild spent 700 pro bono hours and got Matthei out. Matthei, a former stockbroker, agreed to pay his divorce lawyer almost $90,000, from such diverse sources as a Swiss bank account and his prison account.
7 minute read
April 17, 2006 |

Hoboken To Pay $3.5M To Condemn Industrial Land for Residential Use

Large N.J. settlements and verdicts.
5 minute read
January 16, 2002 |

Ernst & Young Off the Hook in Securities Fraud Suit

IKON Office Solutions paid $111 million to settle a shareholders' suit that accused the company of overstating its income, but the 3rd U.S. Circuit Court of Appeals ruled that the same investors don't deserve a penny from IKON's auditor, Ernst & Young. The court affirmed a ruling that the plaintiffs couldn't prove that E&Y's conduct caused their losses or that E&Y acted with the requisite "scienter" necessary to establish securities fraud.
7 minute read

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