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Judge OKs $20 Million Settlement of Class Action Against Bubble-Wrap Maker
A New Jersey manufacturer of Bubble Wrap and other packaging items has agreed to pay $20 million to settle a six-year-old class action suit by shareholders who charged that it understated its liability for litigation caused by acquiring part of an asbestos maker. U.S. District Judge Dennis Cavanaugh approved the settlement, under which $6 million, or 30 percent, goes toward attorney fees and another $393,350 for expenses, on Dec. 4.
Use of Criminal Records in Employment Decisions May Violate Title VII
Employers' use of criminal records in employment decisions may violate Title VII.Tort Reform on Top of Wigrizer`s Agenda for PTLA
Amid the continuing debate over the recently implemented tort law changes, Steven G. Wigrizer has taken the helm of the Philadelphia Trial Lawyers Association as president.
Mukasey May Wind Up as an AG on a Short Leash
Since Michael Mukasey demurred on whether waterboarding is illegal, his confirmation has shifted from a sure thing to a close call. If confirmed by a slim margin, some observers say, Mukasey's ability to lead the DOJ may be severely constrained. "If Mukasey barely gets by, then maybe he's neutered," one former Senate staffer says. "He'll have to make determinations on whether to turn over documents to Congress and lawmakers may be less patient with him now that he is no longer a consensus candidate."Track Firm Alumni for Fun and Profit
The small army of attorneys out there who once worked for Skadden, Arps, Slate, Meagher & Flom are able to check out the latest at the old shop � and check in with old friends � with the click of a mouse. Which is to say the firm`s Web site has gone live with a new alumni Web link. It`s a cyberspace version of the office water cooler � a place for the firm`s approximately 2,000 alumni to catch up and commune.
New FTC Northeast Regional Director Vows 'Robust' Outreach
Thomas Cohn recently took over as Northeast regional director of the Federal Trade Commission, a regulatory agency charged with conducting merger reviews and preventing anti-competitive conduct. Cohn has worked in the region since 1999. In a recent interview, Cohn pledged to continue the region's "robust" outreach and education programs, and discussed the regional office's dual role of investigating both antitrust and consumer protection matters.
Tyson Foods 4Q profit falls on higher costs
Tyson Foods' net income for the fourth quarter was less than half of what it was last year, the meat producer said, with higher grain costs offsetting better prices and revenue, particularly in its chicken business.Cyber Reunions: Keeping in Touch Founding Notion Recruiting Tool Steep Costs
Firms Launch Web Sites Where Alumni Can Catch Up With Former ColleaguesTRENDING STORIES
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