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December 06, 2006 | Law.com

Huge IPO Case Hits Big Snag at 2nd Circuit

The 2nd Circuit on Tuesday vacated class certification in six key cases in the litigation over dot-com era initial public offerings -- a potentially devastating setback for plaintiffs in the biggest consolidated securities class action in U.S. history. The decision leaves in doubt whether plaintiffs will ever certify a class against IPO underwriters in the more than 300 cases that make up In Re IPO Securities Litigation. It may also help to unravel a pending $1 billion settlement agreement.
5 minute read
September 01, 2008 | The American Lawyer

After the Fall

With its pure-play strategy in tatters, Cadwalader struggles to reinvent itself.
22 minute read
January 11, 2010 | Texas Lawyer

Homeless Man Seeks $2.4 Million From Lawyer, Building

Houston lawyer Harry C. Arthur touched a nerve in one homeless man when Arthur filed a state court suit in November 2009 seeking to shut down a church-sponsored operation in downtown Houston that provides meals, counseling and laundry service for homeless people. In Harry C. Arthur, et al. v. Christ Church Cathedral, et al., Arthur and The Marine Building, an office building Arthur owns, seek a permanent injunction to shut down The Beacon, the homeless center.
6 minute read
April 11, 2007 | The Legal Intelligencer

Sour Suit Starts in Phila. Federal Court Over Splenda's Sweetness

The makers of Splenda set out to mislead and confuse consumers with an advertising campaign that falsely suggests the product contains sugar and is natural, a lawyer for its chief rival told a federal court jury yesterday.
7 minute read
August 15, 2001 | Law.com

Jones Day Lawyer Wins Four Cases Before High Court

Given the odds against most lawyers ever arguing even one U.S. Supreme Court case, a lawyer in the private sector who argues two or more has to have "the stars aligned in a certain way," chuckles Jeffrey S. Sutton of Jones, Day, Reavis & Pogue. For Sutton, the stars lined up, and shone brightly. He argued and won four cases -- more than any other lawyer appearing before the justices.
3 minute read
February 25, 2004 | Law.com

Chipmaker Rambus Wins Latest Round in Antitrust Battle

In a blow to one of the Federal Trade Commission's largest and most ambitious proceedings, an administrative law judge last week dismissed the agency's antitrust case against Rambus Inc. The ruling is a roadblock for the three companies challenging the computer chip developer over its patents and could pave the way for Rambus to collect billions in licensing fees from these three, as well as scores of others. The FTC sought to bar Rambus from enforcing patents on computer chip technology.
8 minute read
February 22, 2011 | The Legal Intelligencer

How BigLaw Dies

If Howrey LLP disappears, most big law leaders will make distinctions; they'll focus on how their organizations are different from Howrey. More interesting are the similarities, especially the universal forces that might render others vulnerable to the highly respected firm's current plight.
4 minute read
April 07, 2005 | Law.com

Calif. Justices to Consider Credit Card Holders' Ability to File Class Actions

Credit card holder Christopher Boehr was outraged when he learned that Discover Bank imposed a $29 late fee on some customers even if their payments arrived on the due date. But when he sued for an estimated class of 25 million people, the bank invoked a little-known clause that requires card holders to waive the filing of a class action. Today the California Supreme Court will consider the issue in what the prospective class's attorney calls "the single most important" consumer case in a decade.
7 minute read
January 22, 2008 | New York Law Journal

Legal Outsourcing to India Is Growing, But Still Confronts Fundamental Issues

8 minute read
April 26, 2000 | Law.com

Straight From Left Field

Just about the same time baseball season begins and we hear about major league players wanting higher pay, better perks and more access to TV revenue, major firm associates want higher pay, better perks and more access to the profits.
5 minute read

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