September 30, 2016 | Litigation Daily
Litigator of the Week: A Stunning Reversal by the Second Circuit? Priceless.Cravath, Swaine & Moore Chairman Evan Chesler won vindication for American Express before the U.S. Court of Appeals for the Second Circuit--and handed the U.S. Department of Justice a major loss.
By Mark Hamblett
12 minute read
September 28, 2016 | New York Law Journal
Judge Criticizes 'Phantom Judgment' He Was Compelled to SignJudge William Pauley had a lot of problems Wednesday with a consent decree the U.S. Securities and Exchange Commission reached with a Cayman Islands bank accused of a pump-and-dump scheme—but he had to approve it anyway.
By Mark Hamblett
8 minute read
September 28, 2016 | New York Law Journal
Second Circuit Clarifies Law for Consolidated CasesThe U.S. Court of Appeals for the Second Circuit has clarified the law on when the dismissal of a single case among several consolidated cases can be considered a final, appealable decision.
By Mark Hamblett
10 minute read
September 27, 2016 | New York Law Journal
$50M Securities Fraud Verdict Against Vivendi Upheld on AppealVivendi's rosy statements about its prospects while it was struggling to pay massive debts run up during its global media acquisition spree justified a jury verdict for securities fraud, the U.S. Court of Appeals for the Second Circuit held Tuesday.
By Mark Hamblett
10 minute read
September 26, 2016 | New York Law Journal
Fake Pipe Bomb Counts as 'Destructive Device,' Appeals Court RulesA man who intentionally planted an incomplete bomb at a Home Depot to try to force the company to pay him $2 million is still guilty of planting a "destructive device" within the meaning of the extortion statute, a federal appeals court has ruled.
By Mark Hamblett
7 minute read
September 26, 2016 | Connecticut Law Tribune
Appeals Court Reinstates Personal Injury Case Over Black IceSummary judgment should not have been granted to the state Department of Transportation on claims it moved too slow to treat black ice on the Gold Star Memorial Bridge over the Thames River, a state appellate court held.
By Mark Hamblett
5 minute read
September 21, 2016 | New York Law Journal
Conviction of Lawyer at Heart of Law Firm Tax Shelter Scandal UpheldThe conviction of former attorney Paul Daugerdas in the massive tax shelter fraud scandal that destroyed Dallas-based law firm Jenkens & Gilchrist was affirmed Wednesday by a federal appeals court.
By Mark Hamblett
7 minute read
September 21, 2016 | New York Law Journal
Judge Rejects Parole Condition Barring Child Porn Convict From ChurchA requirement barring a convicted possessor of child pornography from his church has been rejected by a federal judge as unconstitutional.
By Mark Hamblett
5 minute read
September 20, 2016 | New York Law Journal
Appeals Court Vacates $147M Judgment Over Chinese Vitamin CChinese vitamin C sellers are off the hook for violating U.S. antitrust law because they were compelled by the Chinese government to set prices and reduce quantities for the vitamin.
By Mark Hamblett
10 minute read
September 19, 2016 | New York Law Journal
Ernst & Young to Pay $9.3M to Settle SEC Auditor Independence ChargesA romantic relationship and a close friendship between Ernst & Young auditors and executives with the companies they audited has cost the firm $9.3M.
By Mark Hamblett
8 minute read
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