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Shhh! Pro Bono's Not Just for Liberals Anymore
Contrary to popular wisdom, pro bono isn't just the province of liberals. Bolstered by influential organizations and pro bono advocates, some big firms regularly champion libertarian causes, while others challenge race-based policies and represent opponents of gay rights and abortion. As the politics of pro bono become more fluid, distinctions between liberals and conservatives are also blurring. The shift, seen in recent Supreme Court showdowns, is a quiet phenomenon that's 20 years in the making.Rejection of Refiling Narrows Reach of State 'Savings' Law
Fearful of releasing a "new tributary in the law," the New York Court of Appeals ruled Thursday that New York's "savings" statute doesn't allow a corporation to refile an action that was dismissed for naming the wrong plaintiff. The 2nd Circuit had asked the court to settle an "unresolved, important" issue of state law, namely whether a plaintiff can invoke the six-month grace period under the statute for refiling claims if the original claims were dismissed because they misstated the name of the plaintiff.In a case involving a transaction of dizzying complexity, a state court judge offered more reason to doubt that credit default swap litigation is the next big thing--as least for deals with a foreign flavor.
Asia Deal Digest: March 22, 2012
Simpson Thacher leads a Chinese bank through a mammoth share placement; Sullivan & Cromwell ensures it has a place on a Japanese insurer's hybrid issue; and Allen & Overy helps a British supermarket operator cash in on its Thai property fund.The U.S. Supreme Court refused on Monday to second-guess an appellate court's decision to revive an antitrust suit against a big swath of the magazine industry, handing a win to bankrupt magazine wholesaler Anderson News and its lawyers at Kasowitz, Benson, Torres & Friedman and Kellogg, Huber, Hansen, Todd, Evans & Figel.
There's no doubt that SanDisk's aggressive policing of its patent rights has been a boon to the company's revenue. But four defendants chose to fight the flash storage card supplier at the ITC--and won.
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