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When an appeals court tossed the case, Ford may have thought it was free and clear of a $60-100 million nationwide class action alleging a defect in truck accelerator pedals. Then the Oklahoma Supreme Court took a look. Now the plaintiffs' case, led by Houston's Gibbs & Bruns, is on the road again.
By Mazzarelli, J.P., Andrias, Sullivan, Williams, Malone, JJ. 7064. In re Edward Yalowitz pet-ap, v. Prudential Equity Group LLC, etc. res-res ______________
Shot at Courtroom Helps Firms Add Talent
Associates are lured by a chance to escape the "lawyer factory."Litigation makes like the economy
The litigation year just past was a typical one of fluctuating fortunes, but lawyers buffeted by a roiling economy that has boiled over into crisis are wondering what comes next. "Previous recessions spawned a huge amount of litigation," said Hunton & Williams partner Marty Steinberg, "but in this recession companies are being extremely cautious in every realm, including litigation. They are asking what the cost is, what is the benefit?"Smaller Firms Think Outside the Box on Billing
When it comes to billing, it's time to get creative. Midsize and small firms, as well as solo practitioners in a wide range of practice areas, including patent law, animal law, business law and bankruptcy, are responding to the tanking economy by doing everything from adopting flat rates and packaging legal services to bartering their work. Some firms are also charging clients less for e-mail advice or teaming with software companies to develop programs that generate low-cost pro se documents.Many GCs Still Fighting Backdating Charges
After two years during which eight general counsel ran afoul of federal regulators for alleged improper stock options backdating, four are still fighting charges, three have settled or pleaded guilty and just one was acquitted. Securities and Exchange Commission enforcers view this as a successful effort against corporate improprieties, while the defense side says it shows the difficulty of linking corporate lawyers to accounting-related misconduct.Nationwide Class Action Reinstated Against Ford Motor Over Accelerator Pedals
The Oklahoma Supreme Court last week reinstated a nationwide class action against Ford Motor Co. and auto parts maker Williams Controls that contends that certain models of Ford Super Duty pickup trucks and Expedition SUVs contain faulty accelerator pedals. The case, which includes an estimated 300,000 to 500,000 class members, alleges breach of warranty, negligence and product liability. An attorney in the case said plaintiffs will be seeking $60 million to $100 million, depending on the final class size.Trending Stories
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