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4th Circuit's Luttig Takes Off for Boeing GC Position
Judge J. Michael Luttig, a Supreme Court contender and longtime fixture of the conservative legal landscape, made a sudden announcement Wednesday that he was leaving the 4th U.S. Circuit Court of Appeals immediately for the job of senior vice president and general counsel of the Boeing Co. Luttig acknowledged that federal judges' low pay was a factor in his decision and added, somewhat tongue in cheek, that in his talks with Boeing "all I asked was that they match my current salary."DLA Piper Leads on Sale of Legal Outsourcing Firm
The long-dormant buyout market might finally be emerging from its slumber as a trio of U.K. companies were scooped up by British private equity firms on Thursday. One of the sales involved CPA Global, a leading legal process outsourcing firm, to London-based mezzanine lender Intermediate Capital Group. ICG is paying $709 million to seal a management buyout of CPA, which is owned by 300 lawyers and patent officers.It's almost impossible to exaggerate the obstacles Barclays' lawyers faced in the $13 billion Lehman 'windfall' litigation: claims by three different plaintiffs represented by three powerhouse firms; a judge openly skeptical of the bank's core argument; and a disjointed trial schedule that stretched over six months. Yet in the end the bank prevailed in upholding a deal that helped shape the unfolding of the great recession.
Attorney pleads guilty to stealing client's funds
Jeffrey Abramowitz pleaded guilty to three of the counts in an 11-count indictment that accused him of embezzling more than $1 million from his own clients and his former law partner.Justices debate use of thermal imaging to find home pot farm
The state Supreme Court is considering whether Georgia law enforcement can use special heat-detecting equipment to ferret out in-home marijuana farms.Gibson Dunn helped client Artemis SA fend off $4.3 billion in claims brought by California's insurance commissioner. A holding company controlled by French businessman François Pinault, Artemis was the last defendant left in a case stemming from the 1991 insolvency of Executive Life Insurance Company. On Monday, a U.S. district court jury in Los Angeles returned a verdict of no damages against Artemis.
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