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Washington Mutual Sues to Get Billions Back From FDIC
A summary judgment hearing in a federal court in Delaware was Washington Mutual Inc.'s first chance to try to claw back some of the billions of dollars in assets the holding company argues were wrongfully stripped away when the government seized and sold its banking operations to JPMorgan Chase & Co. The hydralike litigation has become a case study in how a bank holding company can create a legal headache for the government, and for companies that buy banking assets, long after its main business has disappeared.Judge skeptical of both sides in law school jobs data litigation
Nine graduates of New York Law School allege that they were lured to enroll by misleading postgraduate employment figures published by the school.Class Action Firm Chair Makes Bid to Squash Wrongful Termination Suit by Ex-Partner
Will More Firms Re-Defer Their Incoming First-Years?
After Nixon Peabody announced on Tuesday that it would re-defer two-thirds of first-year associates already deferred until January 2010, The Am Law Daily decided to check in with 42 other firms slated to start new lawyers in a few weeks to see if they'd made any last-minute scheduling changes. Most of those responding say they're still on track to open their doors to first-year classes next month.Managing Partners Survey the Marketplace, Forecast the Future
During a breakfast discussion this morning, the managing partners of some of Washington?s top law firms said that they believe the Big Law business model has fundamentally changed and that the industry is just now starting to figure out what the new environment is going to look like.THE NLJ 250 | Index of firms listed
Adams and Reese (143)Post-D.C. Circuit Ruling, Banks Weigh Spurning CFPB
The Consumer Financial Protection Bureau was dealt a devastating — if indirect — blow last week, when the U.S. Court of Appeals for the D.C. Circuit ruled that three recess appointments to the National Labor Relations Board were invalid.Trending Stories
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