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Eight Legacy Fulbright Partners Defect for Baker Botts
Baker Botts has bolstered its Middle East practice by hiring eight legacy Fulbright & Jaworski partners from Norton Rose Fulbright in Abu Dhabi, Dubai, and Riyadh—the latest in a series of merger-related defections from the London-based global legal giant.Pay-to-Play Contribution Ban Remains in ABA Limbo
On Tuesday, the American Bar Association's policy-making body, the House of Delegates, narrowly defeated a proposed rule aimed at curbing "pay-to-play" -- the practice of lawyers making political contributions to get government work. The fate of any specific prohibitions on this loaded brand of political gift-giving rests once again in the hands of individual lawyers and bar groups. However, even if the rule passed, it would have required adoption in some form by individual states to be enforceable.Big Tobacco Companies Battle over Altria-Backed Bill to Impose FDA Regulation
Altria, which owns tobacco giant Philip Morris International, is one of the perhaps surprising backers of a bill that would give the FDA the authority to regulate tobacco. Critics say Philip Morris' motive may be less than altruistic, and that their real goal is to squeeze out competitors. The issue has created a fissure between Philip Morris and the rest of Big Tobacco -- the industry's lobbyists, sans Philip Morris, are pushing to block the measure through the time-honed tactics of doubt and delay.Dennis Herrera: The People's (Only) Choice
The San Francisco city attorney cruises into a third term, sans fanfare. Also Blogged: A Los Angeles banker held a woman captive as a housekeeper, and O'Melveny's pro bono work got her a $768K judgment.Candy Cane Case Continues With Paul Clement Representing Old-School Amici
The stakes just got higher for Bank of America, which is fighting a multi-billion dollar case stemming from mortgage fraud at Taylor, Bean & Wittaker. Manhattan U.S. District Judge Robert Sweet has allowed plaintiffs BNP Paribas and Deutsche Bank, which bought a total of $1.68 billion in notes issued by a TBW affiliate, to add additional claims.
What's Behind the Drop in Corporate Fraud Indictments?
The Justice Department's Corporate Fraud Task Force record is a long litany of achievements punctuated by disappointment and controversy. From case records and statistics, as well as interviews with prosecutors, task force members and defense lawyers, The American Lawyer derived a detailed portrait of corporate fraud prosecutions over the last five years. Perhaps the most curious of the findings is the precipitous decline in major corporate fraud indictments since the re-election of President Bush.Trending Stories
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