Panel Affirms Sanctions Against Attorneys in 9/11 Conspiracy Claim

February 3, 2012

Sanctions against two attorneys who insist that former Vice President Dick Cheney and former Defense Secretary Donald Rumsfeld caused the Sept. 11, 2001, terror attacks have been upheld by a unanimous 2nd Circuit panel that refused to disqualify itself from the case.

Firm Alleges Defendants Misappropriated Trade Secrets, Privileged Info

February 3, 2012

Shrader & Associates has filed a petition in Texas state court alleging a former office manager, who was indicted for allegedly taking more than $200,000 from the firm, provided "confidential, proprietary, and privileged information" from the firm's computer server to a Houston lawyer and firm.

The Am Law 100, the Early Numbers: SNR Denton Joins Comeback List as Revenue, Profits Grow

February 3, 2012

In what is quickly becoming a recurring theme for Am Law 100 firms, SNR Denton's U.S. arm bounced back in 2011 after two years of financial decline. The firm's gross revenue rose 4.4 percent last year, to $474.5 million, while profits per equity partner climbed almost 7 percent, to $880,000.

U.K. Moves ‘No Win, No Fee’ Litigation Reforms to 2013

February 3, 2012

The U.K.'s implementation of "no win, no fee" conditional fee arrangements has been pushed back, from October of this year to April 2013. The U.K. Ministry of Justice said the civil litigation reforms were postponed for six months to allow law firms and legal businesses more time to prepare.Visit International News

PhoneDog’s amended claims over ownership of Twitter account can move ahead

February 3, 2012

Who owns a Twitter account -- the person who used it or the company for which he worked at the time? That question has yet to be resolved, but a federal magistrate judge has allowed several claims by PhoneDog LLC to move forward over a video blogger's continued use of a Twitter account after he was hired by a competitor of the online review company. PhoneDog is seeking $340,000 in damages for Noah Kravitz's access to 17,000 PhoneDog Twitter followers over an eight-month period.

Defendant’s Death Is No Deterrent to SEC Disgorgement Claim in Insider Trading Case, Judge Rules

February 2, 2012

A federal judge has ruled that the SEC could substitute the executor for the estate of Charles Wyly Jr. in an insider trading case against the now-deceased billionaire. The ruling establishes for the first time that the SEC can continue to seek disgorgement against defendants even after they have died.

Penn State Insurer Seeks to Limit Coverage in Sandusky Sex-Abuse Case

February 2, 2012

An insurance company for Penn State has asked a Philadelphia court to declare it should not have to provide coverage or pay the university's defense costs in a suit stemming from the Jerry Sandusky sex abuse scandal, unless the abuse in the underlying case began in what appeared to be a narrow time frame.

The Am Law 100, the Early Numbers: Mayer Brown Bounces Back with Gains in Revenue, Profits

February 2, 2012

After seeing revenue drop two years in a row, Mayer Brown returned to top-line growth in 2011, according to The American Lawyer's reporting. Gross revenue climbed 2.4 percent, to $1.13 billion, while revenue per lawyer and profits per partner rose 10 percent, to $745,000 and $1.18 million, respectively.

After Ordering Lineup, Judge Imposes Several Ground Rules

February 2, 2012

A New York judge has taken what eyewitness identification experts call an unusual step, imposing detailed ground rules, based on "pertinent scientific and academic literature on eyewitness identification," to reduce the danger of a false identification from a lineup he ordered.

Citing Morrison (and Surprising No One), N.Y. Judge Tosses Securities Claims by Individual Vivendi Shareholders

February 2, 2012

A federal judge has dismissed individual investors' securities claims against Vivendi related to ordinary shares they purchased on the Paris Bourse, finding that the claims are barred by the U.S. Supreme Court's Morrison decision. But there was a silver lining of sorts for the plaintiffs lawyers.

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