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7th Circuit Blasts Lawyer in 'Mortal Combat' Fee Dispute With Ex-Partners
Illinois lawyer Rex Carr's drive to squeeze $20 million out of his former law firm partners in a fee dispute slammed into a major barrier this week. The 7th Circuit upheld a district court's dismissal of the case and also overturned that court's rejection of sanctions against Carr and his son. The 7th Circuit opinion, written by Judge Richard Posner, called the litigation groundless and gave a roadmap for ending what Posner described as Carr's "mortal combat" against his ex-partners.High Returns Yield Online Auction Business
James Williams is GC and corporate secretary of Liquidity Services Inc., an online auction firm that offers manufacturers, retailers and government agencies a way to buy and sell wholesale, surplus and salvage goods -- everything from cars seized by the Washington, D.C., police to Italian espresso machines returned to stores. Williams is not only the company's first GC, but also its first lawyer. He says he was hired to develop a more cohesive legal strategy for the growing company.Sun Microsystems Shines On Select Law Firms
Five years ago, Sun Microsystems Inc. worked with about 400 different outside law firms. Now the company's general counsel is trying to bring some sanity to the inside-outside bond.High Court Asked to Explore Contractor Liability for Deaths in Iraq
The grisly details of the murder and dismemberment of four U.S. citizen contractors in the Iraqi city of Fallujah have found their way onto U.S. soil in a dispute that may reach the Supreme Court. In the case, which the justices will review at their conference Friday, the contractors' estates filed suit against Blackwater Security, a company with whom the decedents contracted to perform military escort services. Blackwater contends that no court, state or federal, has jurisdiction to review the claims.License Revocation Order Pursuant to Rule 1:28-2(c)
Notice to the bar.Howrey Loses 17 Construction Lawyers to Pillsbury and Jones Day
Howrey's construction practice appears to be disintegrating with the departure on Wednesday of 17 lawyers, including both co-chairmen, to Pillsbury Winthrop and Jones Day.Cooley Staff, Lawyers Wonder if More Cuts May Be Coming
Following Cooley Godward's third round of staff layoffs in four months, associates and staff at the firm are worried that bigger cuts may be coming before the end of the year. Cooley Chief Operating Officer Mark Pitchford declined to discuss the staff layoffs and would not comment on associate and staff speculation that more layoffs may be coming soon.Companies Seek Savvy Way to Trim Pensions
With bankruptcy reorganization strategies in the auto and airline industries seeking elimination of decades-old employee pension and health care obligations, firms could be expected to beat a path to the bankruptcy court of the 2nd Circuit. Like the story of the three bears, some debtors consider the 3rd Circuit too hostile to revoking union contracts in bankruptcy, the 6th Circuit law too confused, and the 2nd Circuit just right. Still, danger lurks for any attempt to use bankruptcy as an escape.There's No Sugarcoating the Splenda Settlement Spat
The court battle between the makers of Equal and Splenda over a Splenda slogan appears to be getting more bitter by the day with court filings that paint starkly different pictures of how the two companies view the last-minute settlement they struck just as a federal jury was poised to hand up its verdict. Both sides say the other has violated the agreement and are asking a federal judge to enforce its terms.Trending Stories
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