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Don't Know Which Fork to Use? Listen Up!
Each February, Michelle Mitchell, associate director of career development at Michigan State University College of Law, plans a booby-trapped dinner for law students who may know plenty about the Rule Against Perpetuities but zilch about a fish fork. The dinners are designed to address the deficiency in etiquette know-how among young people, a problem so pronounced that law schools and law firms alike are assuming the task of teaching social graces to a generation raised on Taco Bell take-out.N.Y. Firms Remain Strong in D.C. Despite Slight Drop in Numbers
New York-based firms scored some high-profile work as part of the U.S. government's response to the economic meltdown. While that hasn't touched off a hiring boom in their Washington, D.C., offices, the Legal Times 150 survey shows that head count for the New York firms declined just 2.8 percent between April 2008 and April 2009. And with the Obama administration beefing up regulatory enforcement, many D.C.-based managing partners say they expect their offices to take center stage during the coming year.Government Plans to Appeal Rejection of Broadcom Backdating Charges
Federal prosecutors whose stock options backdating case against two former Broadcom executives imploded last month amid multiple findings of prosecutorial misconduct have taken steps to appeal a trial judge's dismissal of the charges. The U.S. Attorney's Office in Los Angeles filed notices of appeal Thursday with the 9th Circuit regarding U.S. District Judge Cormac Carney's dismissal of backdating charges against Broadcom co-founder Henry Nicholas and rejection of co-founder Henry Samueli's plea deal.Ruling Supports Tax Refund for Airline
Electricity may not be tangible, but it is "personal property" � and American Airlines is entitled to a $232,436 refund from the state tax department, an administrative law judge has found in a relatively rare victory for a taxpayer.SEC Abandons Beleaguered Backdating Case Against Former Broadcom Executives
The SEC has voluntarily dropped its civil case against four former Broadcom executives, including the former general counsel. It was the latest setback in the U.S. government's pursuit of securities fraud tied to stock options backdating at Broadcom. In December, a federal judge dismissed criminal charges against Broadcom co-founder Henry Nicholas and former CFO William Ruehle, largely due to prosecutorial misconduct. The judge also dismissed the SEC's related complaint but gave the commission the option to amend the charges.Trending Stories
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