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Lawyer Layoff News Is Not All That Bad
Click on most law blogs or open a legal newspaper, and it will not take long to see some mention of law firm layoffs. With the repercussions of the credit crunch creating a slowdown in finance, real estate and big-deal work, several law firms have unloaded attorneys, and have done so under the scrutiny of news outlets eager to report the bad news. But in relative terms, the news might not be all that dismal. A look at the bigger picture shows a profession responding to the economic downturn rather adroitly - at least so far.Judge Seeks Specifics on Supermarket Discount Program
Based on the "barren record" before him, Northern District Judge Lawrence Kahn said he cannot determine whether New York state is violating a supermarket chain's constitutional rights by barring its offer of gas price discounts in exchange for the purchase of prescription drugs.Impact of the Auction Rate Securities Market Collapse
Andrew M. Genser, a partner at Kirkland & Ellis, writes: The collapse of the $330 billion Auction Rate Securities (ARS) market in February 2008 has been eclipsed in the media by a string of other dramatic collapses (and near collapses) on Wall Street, from Freddie Mac to the Madoff scandal. However, despite the fact that ARS may have receded from the headlines, billions of dollars of illiquid ARS are still at stake. Indeed, although regulators have reached large settlements with the major ARS dealers, many investors are not covered and even investors who are covered are searching for ways to claim additional damages. At the same time, regulators continue to investigate the sales practices of secondary ARS dealers. This article surveys the ARS regulatory and private litigation landscape one year after the market collapse.New Trial Ordered for Man Shot by Police
AN APPELLATE court yesterday vacated an .9 million verdict won by a man who was paralyzed from the waist down after being shot by a police officer.View more book results for the query "*"
Shaw Pittman Local Office Hit With Defections
A WAVE of departures in the last six months has steadily whittled down the three core practice areas of Shaw Pittman LLP`s New York office, which now faces an uncertain future.State Cleared of Liability for Outbreak of Waterborne E. Coli
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