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South Florida firms receive record payday in overdraft case
Law firms Podhurst Orseck, The Alters Law Firm and Grossman Roth have already deposited their part of $123 million in attorney fees from a $410 million class action settlement against Bank of America.$1 Billion Breach of Contract Case Against Exxon to be Argued Today
After a 10-year wait and one hung jury, 10,000 gas station owners from 36 states will get a second chance to argue that Exxon Mobil Corp. owes them $1 billion plus interest for failing to give them a promised discount on gas. Opening statements in the class-action over breach of contract begin today in a federal court in Miami.Gibraltar's $15 million Rothstein settlement approved
A bankruptcy judge has approved a settlement with Coral Gables-based Gibraltar Private Bank & Trust for its role in Scott Rothstein's Ponzi scheme.BankAtlantic CEO says banking is ?risky business?
Alan Levan, BankAtlantic Bancorp?s chief executive officer, testified that banking ?is a risky business? and top executives took responsibility for making judgment calls on developer loan applications before the housing collapse.Prominent Law Firms Report a Pro Bono Pullback
The pro bono contributions of Akerman Senterfitt, Greenberg Traurig and Holland & Knight decreased sharply last year, while contributions at Carlton Fields increased slightly. Akerman and Greenberg attributed at least some of the reported decline to inaccurate record keeping. A Holland leader attributed his firm's pro bono drop to a significant reduction in the number of lawyers at the firm. Yet Greenberg's Matthew Gorson says he sees lawyers doing more charitable work than anybody else.Rewarding a Star Professor at Florida State University Law School
Broward County, Fla.'s largest law firm, Ruden McClosky Smith Schuster & Russell, made an endowment to the Florida State University law school some four years ago at the urging of Ruden McClosky partner and FSU alumnus Terry Russell. Along with a $50,000 matching grant from the state, the money has finally been allocated to reward professor Robert Atkinson, who teaches professional responsibility, ethics and law and literature.Telecommunications Firm Suing Former Manager for Alleged Internet Postings
Attorneys for MasTec Inc., a Miami-based telecommunications network installation company, wants to know if a former senior project manager is posting damaging insider information about the firm on the Internet. Unlike other cases in which companies sued Internet firms to reveal the identity of people posting insider information on their message boards, the MasTec complaint is directed at an individual.Edwards Campaign Leads the Pack in Contributions From Lawyers
Lawyers and law firms dropped another $13 million into the coffers of the 2008 presidential campaigns during the second quarter, according to the Center for Responsive Politics.Outsourcing Is Triggering Suits
Corporate America's growing use of outsourcing to cut labor costs - without adequate background checks - has put it at substantially greater risk of litigation, employment lawyers are warning.Trending Stories
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