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Accounting Board Chairman Announces Resignation
William McDonough, the chairman of the Public Company Accounting Oversight Board, which oversees the accounting industry, announced Friday that he will resign by Nov. 30 or when a successor is in place, whichever is sooner. He said he planned to explore opportunities in corporate governance, finance or international affairs. SEC Chairman Christopher Cox said in a statement he was grateful that McDonough had agreed to remain in place "long enough to permit a thorough search for a worthy successor."Richard Marmaro of Skadden, Arps, Slate, Meagher & Flom speaks to the Litigation Daily about the government's failed case against former Broadcom CFO William Ruehle.
Georgia convicts sue governor over lack of attorneys
Georgia has failed to provide lawyers for nearly 200 convicted criminals who can't afford attorneys but claim they're innocent and want to appeal, according to a lawsuit.View more book results for the query "*"
DAMAGES | Juries can't impose punitives on behalf of nonlitigants
The justices ruled, 5-4, that a punitive damages award based on a jury's desire to punish a defendant is a taking of property without due process.Just weeks after scoring big for Comcast at the U.S. Supreme Court, Estrada pulled off another victory for the cable giant by persuading the D.C. Circuit to reverse an FCC ruling that caused tremors in the cable industry.
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