March 23, 2012 | Inside Counsel
Facebook buys 750 patents from IBMFacebook purchased 750 patents from International Business Machines Corp. (IBM) for a variety of technologies.
By Julie Beck
1 minute read
March 22, 2012 | Inside Counsel
Companies ask job applicants for Facebook passwordsIts no secret that companies often look up the Facebook pages of potential new hires, and smart job candidates have long known to keep their profiles private.
By Julie Beck
3 minute read
March 21, 2012 | Inside Counsel
9th Circuit dismisses Ponzi scheme lawsuit against JPMorganThe 9th Circuit ruled on Tuesday that JPMorgan Chase & Co. cannot be held responsible for the activities of the failed bank it purchased, Washington Mutual Inc. (WaMu), which allegedly helped advance a Ponzi scheme at Millennium Bank in the Caribbean.
By Julie Beck
3 minute read
March 20, 2012 | Inside Counsel
Berkshire Hathaway wins dismissal of shareholder lawsuitWarren Buffett and his Berkshire Hathaway conglomerate have emerged unscathed from an insider trading case, winning dismissal on Monday of a shareholder lawsuit.
By Julie Beck
3 minute read
March 19, 2012 | Inside Counsel
Las Vegas Sands sued over Macau gambling licenseAsian American Entertainment Corp. is calling the bluff of U.S. gambling company Las Vegas Sands Corp., suing it for 3 billion patacas ($375 million) in Macau court.
By Julie Beck
1 minute read
March 16, 2012 | Inside Counsel
Betting on March Madness may be illegalHow is your March Madness bracket doing?
By Julie Beck
3 minute read
March 15, 2012 | Inside Counsel
Unpaid intern sues talk show host Charlie RoseThe floodgates have opened on the unpaid intern debate, and now the lowly workers who are sometimes tasked with bringing you your coffee are growing bolder and ever more litigious.
By Julie Beck
1 minute read
March 14, 2012 | Inside Counsel
Study: U.S. securities fraud settlements in 2011 are lowest-ever since enactment of SOXA study by Cornerstone Research reported Wednesday that U.S. securities fraud settlements took a nosedive in 2011, resulting in the smallest number and size since SOX was enacted.
By Julie Beck
1 minute read
March 13, 2012 | Inside Counsel
Yahoo sues Facebook over patents, as promisedAfter a little bit of come at me bro-style posturing last month, in which Internet company Yahoo demanded licensing fees from Facebook OR ELSE, Yahoo finally made good on its threats and is taking Facebook to court.
By Julie Beck
1 minute read
March 12, 2012 | Inside Counsel
IRS sues Warren Buffet’s NetJets Inc. for $366.3 millionIf youre going to mess with the IRS, you should probably make sure youve paid your taxes first.
By Julie Beck
1 minute read
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