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Farmers wary as Obama reduces aid
Former Iowa Gov. Tom Vilsack knows that Farm Belt protocol requires paying respect to the Butter Cow. During a visit to the Iowa State Fair on Aug. 17, he made the pilgrimage to the 600-pound bovine sculpture carved from pure creamery butter. Now that he is U.S. Agriculture secretary, Vilsack wants to take a chunk out of another sacred cow: $15.Decision summaries from The NLJ
Federal law pre-empts state securities claims�and other decisions from The National Law Journal.9th Circuit finds pharmaceutical sales reps exempt from overtime laws
The U.S. Court of Appeals for the 9th Circuit on Monday ruled that pharmaceutical sales representatives are exempt from federal overtime laws, creating what some see as an appellate court split that could find its way to the U.S. Supreme Court.Stakes higher than ever for attorney missteps
Attorneys may be surprised to learn that inattention to e-discovery may not only work to the detriment of clients � it may lead to professional malpractice or the imposition of sanctions on counsel. If any doubt remained, the ongoing discovery dispute in the Qualcomm v. Broadcom case should eliminate it.View more book results for the query "New York Times Company"
Lawyers See Lessons in Andersen Trial
Arthur Andersen's obstruction of justice trial shows that it's important for corporate insiders to think about how their conduct in risky situations will appear to the public -- not just whether it's technically legal. That's one of the lessons learned by several prominent lawyers interviewed about the accounting firm's trial, in which jurors focused on the acts not of the accountants but of an in-house attorney.Down-home judge likens mules to lawyers
U.S. District Judge Bill Wilson is comfortable among stubborn creatures. Wilson, whose court is in Little Rock, Ark., spends his days wrangling with lawyers as he works his way through some of the 8,000 lawsuits seeking millions of dollars in damages over Pfizer Inc.'s menopause drugs Prempro and Premarin. At night, he relaxes by corralling his prize Tennessee walking mules on a 15-acre farm.Six Days, Six Lawyers, $24 Billion
Golden West Financial GC Michael Roster used to tell outside lawyers that there were certain firms he would call in to do a major transaction, but he wouldn't necessarily say who those firms were. As it turned out, Wall Street's Wachtell, Lipton, Rosen & Katz drew the ace card when it came to counseling the bank through what analysts are calling the year's second-largest deal: the cash and stock acquisition of Golden West by Wachovia. Wachtell handled the $24.2 billion deal with six lawyers in six days.Winston Hires Energetic Trio From White & Case
Winston & Strawn has hired three energy partners -- Jerry Bloom, Joseph Karp and Lisa Cottle -- from White & Case's now-closed San Francisco office. The group was in demand as firms bulk up their West Coast presence due to the region's demand for power: Investors are looking into power plants, and California has a reputation as a haven for alternative power generation. While there has always been interest in California, Bloom says, there is "a renewed vigor" because of the war in Iraq and the fuel shortage.Trending Stories
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