Recent Updates
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Goldman Allowed to Keep Issuing Securities
Headline Legal News 07/27/2010Goldman Sachs will remain qualified as an issuer of securities after settling civil fraud charges with the Securities and Exchange Commission this month, the agency ruled.In a letter to Goldman’s legal counsel at the law firm Sullivan & Cromwell,...
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Court grants bail to jailed ex-media mogul Black
Headline Legal News 07/20/2010Conrad Black, the brash former newspaper magnate who lived extravagantly before his 2007 federal conviction for defrauding shareholders, may soon be released from a Florida prison after a federal appeals court granted him bail Monday.The ruling from ...
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Self Representation Hurting Individual Cases, Courts, Say Judges
Headline Legal News 07/12/2010In a survey released today by the American Bar Association, judges indicated that a lack of representation in civil matters is hurting those individuals’ cases, and is negatively impacting courtrooms. Approximately 1,000 state trial judges responded ...
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Ore. trial court to reconsider $100M tobacco case
Headline Legal News 06/28/2010The Oregon Supreme Court has ruled that Philip Morris does not have to pay $100 million in punitive damages to the family of a smoker who sued the tobacco giant over its low-tar cigarettes.The case, however, is going to another jury to decide just ho...
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Major Class Action Settlement Hung Up Over Legal Fees
Headline Legal News 06/21/2010Congressional approval of one of the largest class action settlements in U.S. history is getting hung up on the issue of legal fees for plaintiffs lawyers. The $3.4 billion Indian trusts settlement agreed to in December could be scuttled if Congress ...
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US court tosses protester's arrest at Liberty Bell
Headline Legal News 06/21/2010An anti-abortion protester arrested in 2007 had a First Amendment right to demonstrate on a sidewalk near the entrance the building that houses the Liberty Bell, a federal appeals court ruled Wednesday.The decision overturns lower-court rulings that ...
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Calif. high court to hear church's property appeal
Headline Legal News 06/14/2010The California Supreme Court has decided to hear an Orange County church's appeal to keep its beachfront church property, despite breaking away from the main Episcopal Church. St. James Anglican Church, a theologically conservative breakaway church, ...
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Ex-lawyer faces sentencing for Ponzi scheme
Headline Legal News 06/09/2010The sentence was more than the 40 years federal prosecutors had recommended for Rothstein, a disbarred lawyer who pleaded guilty to racketeering and fraud conspiracy charges in January.He had faced up to 100 years in prison but his lawyer had asked U...
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US defends attending Sudan leader's inauguration
Headline Legal News 05/28/2010The Obama administration is defending its decision to send a representative to the inauguration of Sudan's president, who won re-election despite facing an international arrest warrant for war crimes.Omar al-Bashir was sworn in Thursday to another fi...
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China to frame its first immigration law to attract foreigners
Headline Legal News 05/24/2010China has kick-started a key process to frame its first immigration law to better manage immigrants as the world's fastest economy seeks to attract more foreigners to boost its development. Experts on migration have advised the government to learn fr...
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Trial for Chandra Levy slaying suspect stays in DC
Headline Legal News 05/17/2010A judge has decided to keep the trial of a man charged in the killing of federal intern Chandra Levy in the District of Columbia.Attorneys for 28-year-old Ingmar Guandique (gwan-DEE'-kay) had argued he would not get a fair trial in Washington because...
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Ex-SEC lawyer gets 8 years for pump-and-dump fraud
Headline Legal News 04/28/2010A former enforcement attorney for the Securities and Exchange Commission was sentenced Friday to eight years in prison for his role in a a series of multimillion dollar pump-and-dump stock fraud schemes.Dallas-based attorney Phillip Offill Jr., 51, w...