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ChevronTexaco Subsidiary Hit With $33.8 Mil. Punitives Award
In the span of 24 hours, a subsidiary of ChevronTexaco went from satisfaction over being found not liable for compensatory damages in a Miami-Dade Circuit Court fraud lawsuit to dismay over being hit with a $33.8 million punitive damages verdict.Judge Goes Easy on Lawyer Who Made 'French Fries' Comment About Her
U.S. Bankruptcy Judge Laurel Myerson Isicoff opted for leniency in the case of a prominent Chicago lawyer who told her she was "a few french fries short of a Happy Meal." She decided not to bar McDermott Will & Emery partner William P. Smith from practicing in South Florida bankruptcy court. Instead, Isicoff ordered him Wednesday to take an online course in professionalism administered by the Florida Bar, even though he's not a Bar member in Florida and was practicing as a visiting lawyer.Captive Law Firms Come Under Fire In Florida Court
At issue: whether insurance companies may continue to portray their in-house defense lawyers as members of private law firms, with names like the Law Office of Timothy W. Harrington. These firms are commonly known as captive law firms.Fla. Justices Rule Cash-Advance Firms Broke Usury Law
The Florida Supreme Court ruled last week that commercial check-cashing stores sued by their customers broke state usury laws from 1994 to 2001 by giving loans in exchange for postdated checks. The law prohibits lenders from charging more than 18 percent interest per annum, but payday lenders often charged fees of 400 percent or more, according to industry experts. Several payday loan companies may take a financial hit, but the industry should go generally unscathed.Associates Survey Responses Firms Listed A to Z 2008
No Easy Answers in Wolf Block's Demise
What took more than 100 years to build will take only 60 days to break down.Trending Stories
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