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July 21, 2011 | Corporate Counsel

The Four Horsemen of the Apocalypse, Class of 2011: The Cloud

The first in a series of columns exploring today's Four Horsemen of the Apocalypse, circa 2011: The cloud; data security in the new world of recreational hacking; IP v.6; and the new rules for gTLDs, a quartet that keeps in-house lawyers awake at night.
6 minute read
October 17, 2013 | Corporate Counsel

'Holistic' Review in Federal Securities Litigation

In recent years, plaintiffs in federal securities cases have seized on language from two landmark U.S. Supreme Court decisions in an attempt to erode the heightened pleading standards of the Private Securities Litigation Reform Act.
8 minute read
November 20, 2009 | Corporate Counsel

Massive Buy Back: Wells Fargo to Pay $1.4B in Auction-Rate Settlement

Wells Fargo will buy back about $700 million in troubled auction-rate securities from California investors under a settlement announced by the state's AG on Wednesday. In a separate deal, the bank will repurchase nonliquid auction-rate securities totaling some $700 million from non-California residents.
3 minute read
October 09, 2007 | Corporate Counsel

States Launching E-Discovery Rules

A wave of state court systems are adopting electronic discovery rules as local lawyers struggle with the costs and uncertainty of e-discovery in an expanding range of cases. Lawyers accept state electronic discovery rules as inevitable and potentially helpful for clarifying thorny issues about cost and the format for delivering requested data, particularly since e-discovery issues are popping up in all types of cases, including divorce, personal injury and real estate and construction.
5 minute read
November 23, 2011 | Corporate Counsel

Righthaven Affiliate Concedes That Brief Web Excerpt is Fair Use

The latest chapter in the Nevada federal court saga launched by aggressive copyright plaintiff Righthaven LLC is a concession by its affiliate, Las Vegas Review-Journal publisher Stephens Media, that a brief news article excerpt in an online forum is not copyright infringement.
4 minute read
April 23, 2010 | Corporate Counsel

Run It Like a Business: Patent Reform Bill Amendment Wins Key Support

The U.S. Patent and Trademark Office's parent agency throws its support behind a March amendment to a pending Senate patent reform bill, including provisions to allow the PTO to set fees and a process for challenging issued patents.
4 minute read
October 18, 2006 | Corporate Counsel

Companies Settle Lawsuit Over Cancer From Secondhand Asbestos

A 60-year-old Mississippi woman who said she got cancer after years of washing clothes covered with asbestos dust has won a settlement from four companies that she blames for her illness. Patsy Jean Bodkin filed suit in 2005 against several companies that made roofing, siding, joint compounds and insulation products used by her father and brother, who ran a home-building business. The defendants were Georgia-Pacific Corp., Kelly-Moore Paint Co., Bondex International Inc. and Certainteed Corp.
3 minute read
April 21, 2005 | Corporate Counsel

The Mother Load

Wendy Hufford is senior global litigation counsel at GE Consumer Finance in Stamford, Conn. She is also the mother of seven children -- with one more on the way. In honor of Mother's Day, Corporate Counsel asked the in-house lawyer (and multitasking expert) to describe her typical day. According to Hufford, if busy people are happy people, she and her husband must be in a perpetual state of bliss -- but not without a little help from a "do not disturb" sign.
5 minute read
December 20, 2005 | Corporate Counsel

Behind the Deal: Yahoo's GC Talks About Alibaba.com

Yahoo's $1 billion stake in Alibaba.com marks a high point for investment in China by U.S. Internet firms. But it also highlights the complex legal nature of such transactions. Yahoo General Counsel Michael Callahan, who headed up the negotiations, recently spoke with Law.com about the investment and the challenges of doing business in Asia.
7 minute read