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December 12, 2002 |

No Confidence

The practice of business law is on the verge of enormous, fundamental change. Not only are there ABA task force proposals, there's also a provision of the Sarbanes-Oxley Act to be reckoned with. Pressure to keep clients happy and the cozy relationships that are often developed with powerful CEOs remain ever-present dangers. Corporate lawyers need to constantly remind themselves that they have a duty to truth and morality.
17 minute read
SEC Sues Former CEO Under Clawback Provision of Sarbanes-Oxley
Publication Date: 2009-07-29
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In a case that "every CEO in America should watch," the SEC for the first time is demanding that a CEO forfeit compensation--even though the agency doesn't claim he was involved in the fraud at his company. The agency says CEOs should share the cost of fraud with shareholders, but a lawyer for the targeted exec says the SEC is overreaching.

Delaware Chancery Court to Hear Motions to Dismiss AIG Derivative Case
Publication Date: 2009-04-17
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We suspect that AIG will live on as a litigant long after the company is dead and gone. In the latest development, defendants in a long-running Delaware derivative suit are asked to be dismissed from the case.

Brown v. Grimes
Publication Date: 2011-01-28
Practice Area: Business Law
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Court: C.A. 2nd
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For plaintiff: The Quisenberry Law Firm, John N. Quisenberry; Esner, Chang & Ellis, Stuart B. Esner for Plaintiff and Appellant.
For defendant: Munger, Tolles & Olson, Paul J. Watford and Jenny M. Jiang for Defendant and Respondent.
Case number: No. B216650

Cite as 11 C.D.O.S. 1322 JAMES L. BROWN, Plaintiff and Appellant, v. MILTON C. GRIMES, Defendant and Respondent

In re Prather
Publication Date: 2010-07-29
Practice Area: Criminal Practice
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Court: Ca. Sup. Ct.
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For plaintiff: Edmund G. Brown, Jr., Attorney General, Dane R. Gillette, Chief Assistant Attorney General, Manual M. Medeiros, State Solicitor General, Donald E. de Nicola, Deputy State Solicitor General, Julie L. Garland, Assistant Attorney General, Jennifer A. Neill, Heather Bushman, Anya M. Binsacca, Gregory J. Marcot and Amanda Lloyd, Deputy Attorneys General, for Plaintiff and Respondent Warden Ben Curry.
For defendant: Munger, Tolles & Olson, Leo Goldbard; Cuauhtemoc Ortega; Alan L. Schlosser; Peter Eliasberg; and David Blair-Loy for ACLU of Northern California, ACLU of Southern California and ACLU of San Diego and Imperial Counties as Amici Curiae on behalf of Petitioner Miguel Molina.
Case number: No. S172903 No. S173260

Cite as 10 C.D.O.S. 9726In re MICHAEL B. PRATHERon Habeas Corpus. No. S172903 In the

Is Third Firm the Charm for Lime Wire? Embattled Music File-Sharing Company Tries Yet Another Team of Lawyers in Attempt to Limit Damages Owed to Record Labels
Publication Date: 2010-10-27
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Things can't get a whole lot worse for Lime Wire. Can Willkie Farr succeed where Fulbright and Wilson Sonsini have not?

April 27, 2000 |

Temple In a Teapot

Governor George W. Bush's mantra seems to be: "It's amazing that Vice President Gore is talking about campaign funding [reform], when he's the person who went to a Buddhist temple to raise money from people who made a vow of poverty." Remind me, again, why Bush is hammering Al Gore, Jr., for his visit to the temple in 1996?
33 minute read
Best Buy Goes After Screen Makers As LCD Trial Kicks Off
Publication Date: 2013-07-23
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When executives from the world's biggest electronics manufacturers met for a round of golf in the late 1990s, they weren't just keeping track of their strokes, a lawyer for Best Buy told a San Francisco federal district court jury on Tuesday.

Lime Wire Squeezed: Owner of File Sharing Site Changes Counsel in Record Companies' Copyright Case, Gets Hit with New Suit by Music Publishers
Publication Date: 2010-06-17
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There's not a lot of juice left in the music streaming Web site after a summary judgment ruling that it induces copyright infringement. But as it fights to stay in operation--and fends off a new suit by music publishers--Lime Wire has swapped Wilson Sonsini for Fulbright.

Tolkien Heir's Fight New Line for "Rings" Money
Publication Date: 2009-07-15
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The heirs to the estate of J.R.R. Tolkien claim they haven't seen a cent from the "Lord of the Rings" movie trilogy, which grossed more than $6 billion. They want $220 million, according to a suit filed by their lawyers at Greenberg Glusker.

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