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September 01, 2008 |

The conflicted duty of Chinese lawyers

Fiduciary duty is a foreign concept to Chinese lawyers. The idea that a lawyer owes a fiduciary duty to a client has not been recognized or integrated into the legal profession since its statutory introduction 10 years ago. Although the amended Law on Lawyers of the People's Republic of China, which went into effect on June 1, expanded the ethical and fiduciary duties of Chinese lawyers to their clients, in practice the expanded duties may suffer from a lack of application and enforcement.
9 minute read
October 11, 2006 |

Katrina-Related Brawl With State Farm Heats Up

Allegations by whistleblowers and plaintiffs lawyers that State Farm Fire & Casualty used a "one-size-fits-all" engineering report to deny policyholders' Katrina-related claims are stirring up Mississippi's southern federal district. State and federal prosecutors and grand jurors are looking into the allegations that were brought to light by two claims adjusters who had worked for an Alabama risk management firm under contract with State Farm.
4 minute read
January 15, 2007 |

Never Forget a Name: Tips for the Memory-Challenged Networker

Remembering names greatly improves one's ability to connect with clients.
4 minute read
October 27, 2010 |

JPMorgan's Highbridge buys Fraga's Gavea Investimentos

JPMorgan Chase & Co. agreed to acquire a majority stake in Brazil's Gavea Investimentos Ltda., the fund manager founded by former Brazilian central banker Arminio Fraga
5 minute read
June 30, 1999 |

3rd Circuit Revives SEPTA Discrimination Suit

Finding that Senior U.S. District Judge Clarence C. Newcomer employed the wrong test for analyzing a disparate impact claim, a divided panel of the 3rd U.S. Circuit Court of Appeals has revived a class-action sex discrimination suit brought by women who were denied jobs as SEPTA police officers after they failed to run 1.5 miles in 12 minutes or less.
7 minute read
August 11, 2010 |

Flaster Greenberg Founder Richard Flaster Dies at 67

Richard J. Flaster, founding partner and president of Cherry Hill, N.J.-based Flaster Greenberg, died suddenly at home Monday at the age of 67.
5 minute read
August 07, 2007 |

NASCAR Case Gains Speed on Appeal

The Eleventh Circuit agreed to expedite it's consideration of a battle between NASCAR and AT&T over a logo, but one judge questioned why the stock car racing body couldn't just renegotiate the contract with the car's owner.
6 minute read
December 05, 2011 |

Federal judge bucks banks on class actions

Senior U.S. District Judge James Lawrence King has ruled twice that bank arbitration clauses are "unconscionable" because they often require consumers to foot the defense bill if they lose a class action.
5 minute read
Second Circuit Blocks Investors' Suit Against Mel Weiss and Co-Counsel in Computer Associates Class Action
Publication Date: 2012-10-10
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The billionaire Sam Wyly and his lawyers at Bickel & Brewer have long campaigned against a $143 million class settlement that Computer Associates International reached with its shareholders in 2003, in the wake of a massive accounting scandal. Their primary targets have been the plaintiffs lawyers that secured the deal, including the infamous Melvyn Weiss, formerly of the firm now known as Milberg. But Wyly's claims that the plaintiffs firms bungled the case keep missing their mark.

October 12, 2011 |

Both Pro and Con Voices on Volcker Rule Agree on Its Impact

This week, the Federal Reserve put forth its changes to how Wall Street banks will be allowed to operate in a proposal outlining its version of the so-called "Volcker Rule."
3 minute read

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