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Should Peregrine's Former High-Flying GC Have His Wings Clipped?
Rick Nelson was Peregrine's high-flying GC during its heyday, but did his desire to rise to the top keep him from saying no to practices that led to the company's fall? That question may soon be answered: In July, Nelson was indicted on multiple counts of fraud for allegedly misstating company revenue. Nelson has pleaded not guilty and is scheduled to stand trial in April. He's told investigators that any failures were due to inexperience; he became Peregrine's GC only four years out of law school.D.C. Circuit Tells Judge to Evaluate French Law in Terror Suit
The grandson of a murdered Iranian general won a reprieve Tuesday in a Washington appeals court, which found his suit against Iran is entitled to additional hearings. The D.C. Circuit overturned the dismissal of the suit and told the lower court to take a look at French law. Hezbollah claimed responsibility for the assassination of Gen. Gholam Ali Oveissi in Paris in 1984. Two decades later his grandson, Amir Reza Oveissi, sued the Iranian government in the U.S. for an alleged state-sponsored terrorist act.Borough of Duryea v. Guarnieri
A government employer's allegedly retaliatory actions against an employee do not give rise to liability under the Petition Clause unless the employee's petition relates to a matter of public concern.A prelude to layoffs? Mayer Brown evaluates practice areas
Mayer Brown is conducting a firmwide evaluation of its staffing needs in light of a slowdown in some practice areas, the firm said. U.S. law firms generally have seen a decline in some practice areas such as mergers and acquisitions, real estate development, and securitization work as access to credit in the U.S. has dried up and lending terms have become more demanding. Many firms have cut lawyers while some firms have simply been forced to dismantle.High Court Takes Up 10 Cases -- But Where's Pledge?
The U.S. Supreme Court granted review in 10 new cases Tuesday, fleshing out its docket with criminal law and federalism cases, but not yet acting on the dispute over the wording of the Pledge of Allegiance. The court's actions came following Monday's "long conference," at which the justices came back from their summer recess and privately sifted through more than 2,000 cases to find a handful that four or more of them agreed merited the high court's attention in the upcoming term.View more book results for the query "*"
Out With the Old, in With the New
On May 12, Pennsylvania's new child support guidelines will become effective. Though there are several questions regarding what impact the changes will have, I feel safe in making one prediction.Haag Moves Closer to U.S. Attorney Job
Breaking News: Melinda Haag's chief rival to succeed U.S. Attorney Joseph Russoniello has taken another job.Office Depot reaches settlement with SEC
Office Depot, the second-largest office-supply retailer, said it reached a proposed settlement over allegations it improperly communicated with analysts.Securities Lawyers Fight Over Informants
The mountain of evidence against Enron is a spectacular anomaly. Under the Private Securities Litigation Reform Act, lawyers are often forced to hire private investigators to find enough evidence to survive a motion to dismiss. Now, the 5th U.S. Circuit Court of Appeals must decide a threshold issue for those lawyers: When must they reveal the identities of the confidential sources they rely on for evidence of fraud?Trending Stories
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