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February 28, 2007 |

Existing home sales rise in Jan., prices keep falling

WASHINGTON AP - Sales of existinghomes rose in January by the largest amount in two years, raising hopes that the worst of the severe slump in housing may be coming to an end. Median home prices, however, fell for a sixth straight month.The National Association of Realtors reported Tuesday that sales of previously owned homes rose by 3 percent last month, the biggest one-month increase since a 3.
4 minute read
June 26, 2006 |

EVIDENCE | 911 call, but not statement to police, can be admitted at trial

The justices ruled unanimously that an out-of-court "excited utterance" made to a 911 operator is not testimonial and therefore can be admitted as evidence at trial.
5 minute read
August 26, 2008 |

Decisions Underline Scope of IRS Summons Power

A decision issued earlier this month in ongoing tax litigation by Valero Energy Corp., seeking to limit the production of documents in response to Internal Revenue Service summonses issued to one of its tax advisers, provides an opportunity to review rules relating to the permissible breadth of such summonses, including the "work product doctrine" and the privilege created by Internal Revenue Code §7520 for certain communications between tax practitioners and their clients.
10 minute read
September 29, 2006 |

Blimpies Corporate Owner Must Testify in Landlord Dispute Despite Anxiety

Manhattan Justice Carol Robinson Edmead has rejected a request from the owner of the Blimpies sandwich empire to excuse him from appearing as a trial witness based on his anxiety. Nicholas Lagano Jr. purportedly suffers from such severe anxiety that a recent court order to testify in a landlord-tenant dispute involving a Blimpies franchise sent him to a hospital emergency room. Edmead found Lagano available and competent to testify and noted that the sparse case law on the issue supported her decision.
3 minute read
April 21, 2005 |

Behind the Magic Curtain

He protracted, seesawing dispute between Microsoft Corporation and Eolas Technologies Inc. over Internet browser patents, which resulted in the awarding and then recent reversal of a $521 million judgment against Microsoft, illustrates the very expensive and risky nature of the patent litigation game. For many general counsel, patent litigation is a voracious black hole that devours a disproportionate share of corporate litigation resources. It resists budgeting and has little regard for management's d
5 minute read
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August 01, 2003 |

A Boost For Foreign Claims

An effort by the Bush administration and the business community to halt federal litigation against corporations sued for human rights violations abroad suffered a major blow in the U.S. Court of Appeals for the Ninth Circuit in June.
4 minute read
October 27, 2003 |

Quattrone Obstruction Trial Ends in Hung Jury

The obstruction of justice trial of banker Frank Quattrone, whose wealth and power skyrocketed during the 1990s like the Internet stocks he helped take public, ended Friday with jurors hopelessly divided on a verdict. The mistrial raises the possibility that Quattrone, one of the most prominent figures in the government's crackdown on corporate corruption, will face a second trial as early as next month.
4 minute read
January 09, 2012 |

Judge voids lawyer's trademark registration for 'We not me'

Lawyer W. Brand Bobosky's branding efforts for "We not me" hit a major roadblock when a federal magistrate judge voided his trademark registration based on the finding that Bobosky did not intend to use the trademark as he represented he would in two applications.
5 minute read
May 29, 2006 |

IN BRIEF

Panel ponders stripping FTC of merger power- and other news briefs.
4 minute read
March 11, 2008 |

RICO Damages After Set-Off: Treble vs. Double Recoveries

The Racketeering Influenced Corrupt Organizations Act is an enormously powerful tool designed to combat racketeering activity. Facing grave risks, many corporate defendants choose to settle a RICO case early, buying peace and certainty and leaving their co-defendants to fight this wrenching battle alone. Attorney Michael C. Rakower discusses the appropriate method to calculate what damages remain at stake after a settlement with some, but not all, defendants.
9 minute read

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