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The widow of a Taiwanese billionaire has lost her attempt in a Washington, D.C., federal court to reclaim billions of dollars in assets she claims were diverted to one of several trusts controlled by rival family members, but the judge left the door open for her to try again.
Rejecting a Delaware corporation's arguments, the 3rd Circuit ruled last week that a Pennsylvania state law that mandates that steel used in public works projects be made in the United States is not unconstitutional or pre-empted by the federal Buy American Act.
A Philadelphia judge plans to rule by Feb. 6 as to the admissibility of evidence of acts other than those with which a church official is charged in a case alleging sexual abuse by priests whom he oversaw. Prosecutors want to submit evidence of about 30 instances involving priests' alleged improprieties.
HSBC Holdings' new chief legal officer has his hands full as Europe's largest bank faces scrutiny by U.S. agencies. Observers think the bank hired Stuart Levey, a veteran of the U.S. Treasury and Justice Departments, for his grasp of U.S. finance laws and to boost the bank's credibility with U.S. law enforcement.
Greenberg Traurig has rejected allegations of professional negligence in its work for Heller Ehrman before the firm's dissolution, claiming it was just doing what it was told. But Greenberg does concede one of Heller's key allegations: That it didn't conduct a lien search in UCC security filings before October.
It's the medium, not the message, that did in Ropers Majeski partner Thomas Clarke Jr. A California appeal court has ruled that, by posting a YouTube video in which he solicited plaintiffs for a class action, Clarke opened himself up to a defamation suit and can't use the state's anti-SLAPP law to ward it off.
In the wake of a Texas Supreme Court opinion, an inventor is seeking to revive his $100 million suit against his former lawyers. Vernon F. Minton, who lost a state court malpractice suit against lawyers who represented him a decade ago, has filed a negligence suit in federal court.
BP suffered a big blow when a federal judge said it owed indemnification to Transocean for any compensatory damages that might arise from the Deepwater Horizon oil spill two years ago. Will BP now suffer the same fate with the other rig-operator at the center of the disaster, Halliburton?
Jenner & Block saw its gross revenue and profits per partner pushed to record levels last year thanks to a combination of new work, cost-cutting, and fewer equity partners. Gross revenue inched up 2.6 percent in 2011 to $389 million, while the firm's profits per equity partner rose 11.2 percent to $1.55 million.
Buoyed by work on the Bernard Madoff liquidation proceedings, Baker & Hostetler saw its gross revenue jump 14 percent last year, to $440 million, while profits per equity partner increased 11 percent, to $845,000, according to The American Lawyer's reporting. Revenue per lawyer stayed flat, at $600,000.
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