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March 11, 2008 | Law.com

RICO Damages After Set-Off: Treble vs. Double Recoveries

The Racketeering Influenced Corrupt Organizations Act is an enormously powerful tool designed to combat racketeering activity. Facing grave risks, many corporate defendants choose to settle a RICO case early, buying peace and certainty and leaving their co-defendants to fight this wrenching battle alone. Attorney Michael C. Rakower discusses the appropriate method to calculate what damages remain at stake after a settlement with some, but not all, defendants.
10 minute read
September 26, 2007 | Law.com

4th Circuit's 5-5 Split May Impact Hot-Button Cases

The 4th Circuit is under the microscope as senators, legal experts, and conservative and liberal groups watch to see if five vacant judgeships will trigger an ideological shift in one of the nation's most conservative federal appellate benches. An even split, coupled with President Bush's inability to get his nominees confirmed by the Senate, could shift the court toward the left and affect decisions in a key terrorism case, death penalty appeals, immigration issues and labor disputes.
10 minute read
June 17, 2013 | Daily Business Review

Housing Rebound Apparent In Vacation Getaways

The surging buyer confidence underpinning the year-old rebound in U.S. property prices is spilling into seasonal communities from Lake Tahoe in California to the Berkshires in western Massachusetts.
10 minute read
November 17, 2003 | The Legal Intelligencer

Multi-Party Insurance Dispute Need Not Go To Arbitration

Parties to an insurance dispute are not bound by the arbitration clause of an insurance agreement, given that only some of the litigants in the dispute participated in the contract, the Superior Court has ruled in a memorandum opinion.
6 minute read
March 09, 2009 | National Law Journal

Honest Services Fraud

It is the hottest little criminal statute in federal court. Only one line long, 18 U.S.C. 1346 provides that a federal scheme to defraud includes "a scheme or artifice to deprive another of the intangible right of honest services." Congress enacted the law in response to the U.S. Supreme Court's decision in McNally v. U.S., 483 U.S. 350 (1987), in which the court held that the mail fraud statute only clearly protected property rights and did "not refer to the intangible right of the citizenry to good government." Since then, federal prosecutors have seized on Section 1346 as their omnibus statute for federal charges.
9 minute read
December 20, 2004 | National Law Journal

Small firms seek piece of 'Wal-Mart'

Jocelyn Larkin is mad. She's been hearing reports for the past few months that lawyers around the country are soliciting clients in a discrimination class action against Wal-Mart Stores Inc. The problem, Larkin said, is that her firm, the Berkeley, Calif.-based nonprofit Impact Fund, and five others are the court-named class counsel.
4 minute read
September 27, 2013 | Commercial Litigation Insider

CIFG Comes Up Short in RMBS Suit Against Bank of America

In his recent decision in CIFG Assurance North America v. Bank of America, Justice Charles Ramos dismissed the plaintiff's claims for fraudulent inducement and negligent misrepresentation, citing its failure to plead with requisite particularity certain allegations.
3 minute read
May 16, 2000 | Law.com

Less is More at Hangley Aronchick

Two years ago, Dara Less was wrapping up a clerkship for a federal judge and scouring the legal landscape for work. Today, only a second-year associate at Philadelphia's Hangley Aronchick Segal & Pudlin, she finds herself on the other side of the job-search equation. The 28-year-old litigator is the firm's hiring attorney -- the primary contact for law students -- handling most of the interviewing chores and summer associate program oversight.
4 minute read
February 01, 2008 | Law.com

The Great Brawl Of China

Two feuding DLA partners leave the firm's Beijing office.
3 minute read
October 16, 2003 | Law.com

Not Far From Heaven

Not many big-firm partners would ditch their lucrative practice to devote themselves to a spiritual calling -- much less one that's headed by a self-described reformed Nixon "hatchet man." But that's exactly what Mike Snyder did last spring. A former corporate finance partner at Pittsburgh's Reed Smith, Snyder is now the senior vice president of Prison Fellowship Ministries in Reston, Va.
6 minute read

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