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Colleagues Remember Fulbright Partner's Dedication to Public Service
The Texas legal community was saddened and shaken by the death last week of Michael Shelby, a respected former U.S. Attorney for the Southern District of Texas who, after years of public service, had recently left his post to become a litigation partner in Fulbright & Jaworski. "Mike Shelby could talk for an hour on any topic, and if he knew something about it, he could talk for two hours," says Harris County DA Chuck Rosenthal. Shelby suffered from bone cancer that had recently recurred, his friends say.Venture Law Group Latest to Lay Off Associates
Venture Law Group made another round of employee cuts Tuesday, targeting 10 lawyers and 22 staff. The cuts, following a series of other cost-cutting measures the firm has tried, make Menlo Park, Calif.-based VLG the seventh San Francisco Bay Area law firm to resort to lawyer layoffs because of the ailing economy.We weren't the only ones struck by Vivendi's Paris gambit aimed at preventing French class members from participating in the company's securities fraud trial in New York. On Tuesday, class counsel for the plaintiffs in New York demanded that Vivendi withdraw the suit.
Japan loves Wal-Mart as samurai debt cuts U.S. costs
Corporate borrowers are turning to Japan for cash that is becoming increasingly hard to get anywhere else in the world. Debt sales in Japan by overseas issuers from Bentonville, Ark.-based Wal-Mart Stores Inc., the world's largest retailer, to Zurich-based bank UBS AG rose 37 percent to 2.03 trillion yen $18.5 billion this year from the same period of 2007, data compiled by Bloomberg show.View more book results for the query "*"
Appeals Court Rebukes Judge Who Cut Fee Award To Discourage Fee-Shifting
A state appeals court on Thursday had some critical words for a judge who said he routinely trims fee awards to discourage fee-shifting, calling that seat- of-the-pants policy "legally untenable."Be Prepared: Shareholder Activism Is Here to Stay
As we noted during the summer, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law in July of this year. The Dodd-Frank Act directed the Securities and Exchange Commission to adopt rules that would allow greater shareholder access by requiring a company to include in its proxy materials shareholder nominees to the board of directors.Liberty Surplus Ins. Corp., Inc. v. Nowell Amoroso, P.A. et al
Although the application question regarding the law firm's knowledge is subjective, where no reasonable fact finder could conclude that the firm did not know there had been a breach of professional duty when it applied for insurance, summary judgment denying coverage is appropriate.Judge Grants Motion to Bring Penn State's Lawsuit to Phila.
A Philadelphia judge has decided to bring a lawsuit filed by Penn State against its insurance company to Philadelphia Common Pleas Court, after the insurer had filed its own lawsuit in the First Judicial District and the university countered with a separate action on its home field.Trending Stories
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