0 results for 'Associated Press'
Magic Circle Firms Take Lead on Latest ING Sell-Off
Linklaters and Freshfields Bruckhaus Deringer have grabbed roles on the latest divestiture by Dutch financial services giant ING Groep, which announced Tuesday that it will sell a British savings and loan unit to Barclays.Court of Chancery Issues New Rule to Govern Confidential Filings
On Monday, the Delaware Court of Chancery issued a new rule governing confidential filings with the court - Court of Chancery Rule 5.1 - to replace the longstanding Rule 5(g). Rule 5.1 will become effective January 1, 2013. This overhaul of Rule 5(g) reflects the court's historical concern with balancing the public's right of access to judicial proceedings with parties' interests in maintaining the confidentiality of certain information. (See the memorandum from the Delaware Court of Chancery, "Protecting Public Access to the Courts: Chancery Rule 5.1.") Rule 5.1 emphasizes at the outset that "proceedings in a civil action are a matter of public record," and, subject to the limitations outlined in the rule, all filings in the Court of Chancery "shall be available for public access." Notably, Rule 5.1 does not affect the practice of entering into confidentiality stipulations to govern discovery, and is unlikely to affect the designation of confidential and highly confidential material. Instead, Rule 5.1 focuses on confidential information that parties file with the court. Below is a description of the key provisions of Rule 5.1, including where the new rule deviates from the prior Rule 5(g).Senate confirms Mukasey as attorney general after sharp debate over waterboarding
WASHINGTON AP _ The Senate confirmed retired judge Michael Mukasey as attorney general Thursday night to replace Alberto Gonzales, who was forced from office in a scandal over his handling of the Justice Department.President Bush thanked the Senate, even though the margin had been whittled down from nearly unanimous by a sharp debate over Mukasey's refusal to say whether the waterboarding interrogation technique is torture.Inmate supposed to be free spends Xmas behind bars
SEATTLE AP - James S. Anderson is about to spend his fifth straight Christmas behind bars. The difference this time is he's no longer a convict.A state appeals court erased the 31-year-old's conviction for armed robbery this month, saying new evidence uncovered by a law school student corroborates what Anderson has always said: He was another state when a group of men hit a Tacoma grocery store in 2004.Senators Question U.S. Attorney Over Agents' Prosecution
During his trip to Washington, D.C., U.S. Attorney Johnny Sutton was called "overzealous," "elitist" and "overreaching" by politicians and pundits. Despite the name calling, Sutton, U.S. attorney for the Western District of Texas, says his politicized appearance in the nation's capital had a purpose: to clear up misconceptions about his office's controversial prosecution last year of two former U.S. Border Patrol agents who shot at a fleeing drug smuggler who later became a key witness in the agents' trial.Ballot measures face criticism
ATLANTA AP - Lobbyists for teachers typically don't have much in common with conservative anti-tax advocates and government watchdogs.But the unlikely coalition recently came together outside an Atlanta elementary school with a shared purpose: to warn about constitutional Amendment 2, which would allow school tax dollars to help subsidize economic development projects around the state.Doubt cast on enforceability of credit-default swaps
The recent 7th Circuit ruling affirmed a decision by the Southern District of Indiana, applying New York law, to enjoin payment under a credit-default swap. If extended, the precedent may become a tool for nonparties to stay payment under credit-default swaps or letters of credit until related contract disputes are resolved.Stimulus boon for South, Southwest
Businesses in the South and Southwest benefited most from the first federal contracts awarded under President Barack Obama's stimulus program, according to initial data released by a government oversight board.Trial to Begin in Suit Against Cisco, Patent Troll Tracker Blogger
Jury selection begins today in a case that pits intellectual property litigator Eric Albritton against tech company Cisco Systems. Albritton alleges in his June 16, 2008, federal court complaint that Richard Frenkel, a one-time in-house lawyer at Cisco, defamed him in anonymous postings on Frenkel's Patent Troll Tracker blog in October 2007. The suits have attracted considerable attention due to the popularity of the Patent Troll Tracker blog, which is currently "open to invited readers only."State AI Legislation Is on the Move in 2024
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