December 29, 2009 | Law.com
Ponzi Schemes' Collapses Nearly Quadrupled in '09It's been a rough year for Ponzi schemes. Nearly four times as many of the investment scams unraveled in 2009 as fell apart in 2008. Tens of thousands of investors watched more than $16.5 billion disappear like smoke in 2009, according to The Associated Press' national analysis. The recession has led to the exposure of many scams "that otherwise might have gone undetected for a longer period of time," said Lanny Breuer, assistant attorney general for the Justice Department's criminal division.
By Curt Anderson
5 minute read
November 15, 2004 | Law.com
Ashcroft: Judges Threaten National Security by Questioning President's DecisionsFederal judges are jeopardizing national security by issuing rulings contradictory to President Bush's decisions on America's obligations under international treaties and agreements, Attorney General John Ashcroft said Friday. In his first remarks since his resignation was announced Tuesday, Ashcroft forcefully denounced what he called "a profoundly disturbing trend" among some judges to interfere in the president's constitutional authority to make decisions during war.
By Curt Anderson
3 minute read
July 31, 2007 | The Legal Intelligencer
Goldmans Awarded Rights to Simpson BookA federal bankruptcy judge has awarded the rights of O.J. Simpson's canceled "If I Did It" book to the family of the late Ronald Goldman to satisfy a $38 million wrongful death judgment against the former football star.
By Curt Anderson
4 minute read
June 01, 2010 | Law.com
Judge Sorts Claims in Rothstein Ponzi SchemeA former football star, some of the biggest banks in the U.S. and tax collectors from Florida to Rhode Island are laying claim to a piece of the collapsed empire of disbarred attorney Scott Rothstein, who is awaiting sentencing after pleading guilty to running a $1.2 billion Ponzi scheme. Federal Judge James I. Cohn began sorting through the claims Friday, including one from the bankruptcy trustee for Rothstein's defunct law firm who says more than $469 million is being sought by investors and creditors.
By Curt Anderson
3 minute read
June 24, 2010 | The Legal Intelligencer
Judge Who Struck Down Moratorium on Deepwater Drilling Has Extensive Oil InvestmentsThe Louisiana judge who struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry, according to financial disclosure reports. He's also a new member of a secret national security court.
By Curt Anderson and Michael Kunzelman
6 minute read
October 26, 2004 | Law.com
Justice Dept. Clears Cingular Acquisition of AT&T Wireless With ConditionsJustice Department antitrust regulators cleared the way Monday for Cingular Wireless LLC's $41 billion acquisition of AT&T Wireless Services Inc., a crucial step toward creating the nation's largest wireless telephone company. Under an agreement with the Justice Department filed in federal court in Washington, D.C., Cingular must divest itself of the new combined company's assets in 11 states.
By Curt Anderson
3 minute read
April 07, 2010 | The Legal Intelligencer
Suge Knight and Kanye West Faceoff in Court Over Shooting at Celeb PartyA rap music smackdown looms in a federal courtroom between oft-troubled impresario Marion "Suge" Knight and controversial star Kanye West over a shooting at a star-studded Miami Beach party.
By Curt Anderson
4 minute read
December 18, 2007 | Law.com
Defense in Torture Case Against Charles Taylor's Son Faces Unusual Problems in AfricaMany survivors of Liberia's bloody civil war who witnessed acts of torture are reluctant to talk to anyone about what happened, let alone an American defense lawyer for the notorious son of former Liberian President Charles Taylor. Because of these problems, a U.S. District judge has postponed the trial of his Charles McArthur Emmanuel from January to April, with prosecutors agreeing that mounting a proper defense in this case poses unique challenges.
By Curt Anderson
5 minute read
June 26, 2001 | Law.com
Governors' Association Urges Congress to Address Internet Sales Tax IssueThe vice chairman of the National Governors Association, Michigan Gov. John Engler, told lawmakers Tuesday that states risk losing revenue unless Congress permits them to implement a system to collect sales taxes on Internet purchases. Congress this year must decide whether to extend a moratorium on taxes that single out the Internet and prohibits taxes on Internet access.
By Curt Anderson
3 minute read
August 16, 2007 | The Legal Intelligencer
Padilla, 2 co-defendants, convicted of federal terrorism support chargesJose Padilla was convicted of federal terrorism support charges Thursday after being held for 3� years as an enemy combatant in a case that came to symbolize the Bush administration's zeal to stop homegrown terror.
By Curt Anderson
5 minute read