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McElroy Deutsch Buys Its Own Minority Firm
One of New Jersey's largest firms, McElroy, Deutsch, Mulvaney & Carpenter, has created a minority-owned subsidiary in an effort to attract business from Fortune 500 corporations eager to put diversity in their lists of outside counsel. Managing partner Edward Deutsch says his 230-lawyer firm is the first to acquire an ownership stake in a minority firm. The National Minority Supplier Development Council cautions that the goal should be to build true minority firms, not to enrich white majority firms.Lockheed Rival Seeks to Toss $37 Million Verdict
A Texas defense contractor found by an Atlanta federal jury last spring to have misappropriated trade secrets from Lockheed Martin has accused Lockheed of intentionally withholding evidence critical to its defense. Attorneys for L-3 Communications Integrated Systems made the allegations four months after the jury awarded Lockheed $37 million in damages and legal fees that could total more than $16 million. L-3 Comm has asked a federal judge to toss the verdict and either dismiss Lockheed's claims or order a new trial.Pennsylvania Bank Wins Lawsuit Over Domain Name Rights
When Pennsylvania Business Bank bought the rights to the trademark "BizBank," its owners had no idea their plans to launch a Web site would lead to a legal fight with a South Korean company over rights to the domain name www.bizbank.com. After a three-year battle, a federal judge has ruled that the Korean company's registration of the domain name bizbank.com was done in bad faith and that it must immediately transfer the site name to the Pennsylvania bank.
McNulty Memo on Attorney-Client Privilege Blasted for Lack of Change
The McNulty memo, issued last month by Deputy U.S. Attorney General Paul McNulty as a revision of Justice Department guidelines for corporate attorney-client privilege waivers, seems to be garnering as much criticism as its predecessor. Critics say it merely recasts the former policy into a "don't ask, don't tell" version with little change in the pressures on companies. McNulty says he supports the idea of limited waivers, but the new Congress may not be satisfied with less than a ban on waiver demands.
United States v. Raghubir K. Gupta, 09-4738-cr
Publication Date: 2011-06-21 Practice Area: Criminal Practice
Industry: Court: U.S. Court of Appeals, Second Circuit Judge: Before: Walker, B.D. Parker, and Hall, Circuit Judges. Case number: 09-4738-cr
Cite as: United States v. Raghubir K. Gupta, 09-4738-cr, NYLJ 1202497927725, at *1 (2d Cir., Decided June 17, 2011)Before: Walker, B.D. Parker, and Hall, Circui
New Enforcement Chief Aims to Restore Confidence in SEC
As the top cop at the SEC Robert Khuzami has spent his first six months as the director of the Division of Enforcement tackling a cleanup of major proportions. But change isn't easy, with staff reporting insecurity and doubt as they struggle to find their place in the new regime.Trending Stories
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