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Class action litigation is beginning to take shape over allegations that major banks manipulated Libor, the benchmark rate used to calculate interest on trillions of dollars in securities globally. On Monday the federal district court judge hearing the litigation consolidated 20 class complaints, and appointed interim class counsel.
Penalties Proposed for Lawyers Who Advise on Corporate Tax Shelters
The U.S. Treasury Department and the American Bar Association are urging Congress to impose penalties on attorneys and accountants who advise companies to participate in tax avoidance schemes. The Treasury Department has proposed a multi-pronged plan to attack abusive shelters. But critics charge that the line between legitimate and abusive shelters is often unclear, and that the Treasury Department and the ABA shed little light on the matter.After two years of take-no-prisoners litigation, there is not much the lawyers for Apple and Samsung can agree on. But a rare moment of solidarity between rivals occurred Tuesday as the tech giants joined in urging the Federal Circuit to block the public disclosure of court filings that contain sensitive financial data.
The fight over the validity of so-called unfinished business claims in law firm bankruptcies is heating up in courts on both coasts this week.
From Akin Gump to Kramer Levin
Letters A through K in the firm-by-firm summary of the responses to The American Lawyer's 2003 Associate Survey.Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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