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Delaware Vice Chancellor Leo Strine Jr. said that the board's approval of the controversial purchase of Barnes & Noble College Booksellers, as portrayed by the plaintiffs, had a "fishy smell." He refused to dismiss a derivative suit in which shareholders allege that the directors approved a sweetheart deal for Barnes & Noble chairman Leonard Riggio, who allegedly made more than half a billion dollars from the sale.
Rochester Attorney Disbarred, Ordered to Pay Restitution
The Appellate Division, Fourth Department, said Andrew J. Cohen, who was suspended in 2011 for misappropriating client funds had previously received eight letters of caution but had evinced "a total disregard for his fate as an attorney and his professional obligations to his former clients."Rare win in gun case for a felon
A third-year law student at Wake Forest University accomplished what no other criminal appellate lawyer in the 4th U.S. Circuit Court of Appeals has managed: She won a reversal of a 15-year conviction for a felon in possession of a firearm based on the defense the possession was justified.Supreme Court Reaches Pro-Business Consensus on Commercial Issues
The narrow split between liberal and conservative U.S. Supreme Court justices was evident throughout the Court's most recent term with one prominent exception: business cases. Unlike the blistering ideological divisions stemming from cases about abortion and other hot topics, justices often found common ground when ruling on commercial issues such as shareholder rights and antitrust law. The justices' conformity in financial cases has resulted in a very business-friendly court.View more book results for the query "*"
Court wrestles with lies and free speech
During an intense hour of debate before the Supreme Court on Wednesday that touched on the harms and benefits of lying, the dramatic high point came when Chief Justice John Roberts Jr. asked if a "pure lie" had any value under the First Amendment.ConAgra 1Q profit falls on higher costs
ConAgra Foods Inc.'s fiscal first-quarter profit fell 42 percent, partly pressured by higher costs in its consumer foods unit.Chi Iota Colony of Alpha Epsilon Pi Fraternity v. City of New York
All-Male Fraternity Loses Bid to Prevent College's Enforcement of Its Non-Discrimination PolicyPolice: Officers shoot gunman on Capitol Hill
Gitmo prosecutor quits post over detainee case
GUANTANAMO BAY NAVAL BASE, Cuba AP - Defense lawyers for a Guantanamo detainee say a military prosecutor has resigned because his office withheld exculpatory evidence.The attorneys for Afghan prisoner Mohammed Jawad say the prosecutor, Army Lt. Col. Darrel Vandeveld, is supporting their bid for the dismissal of charges against the detainee.Trending Stories
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