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Another Judicial Election, Another Crowded Phila. Field
A key factor in the competitiveness of 45 Philadelphia lawyers vying for 10 Philadelphia Common Pleas judgeships was determined with Wednesday's lottery in Harrisburg for what order candidates will appear on the ballot.2nd Circuit throws out 'double derivative' suits
The Second Circuit affirmed dismissal of two derivative suits alleging that Bank of America's Merrill Lynch unit made risky investments in collateralized debt obligations.Reese Gordon Marketos Drives in Large Verdict
Reese Gordon Marketos, a firm less than three years old, won one of the nation's largest verdicts so far this year, and got a summary judgment affirmed by the 5th U.S. Circuit Court of Appeals in a fraud and breach-of-contract suit. Those are heady results for the six-lawyer firm.Bush Meets With Senators Over Supreme Court Nomination
Top Senate Democrats floated the names of potential candidates for the Supreme Court on Tuesday in a meeting with President Bush, describing them as the type of nominee who could avoid a fierce confirmation battle. Several officials familiar with the discussion said Judge Sonia Sotomayor of the 2nd Circuit, Judge Ed Prado of the 5th Circuit, and U.S. District Court Judge Ricardo Hinojosa, all of whom are Hispanic, were among the names mentioned as Bush met with lawmakers from both parties.Federal Circuit Reverses EDTX Judge on Sanctions in Patent Case
In a rare decision, the U.S. Court of Appeals for the Federal Circuit reversed an Eastern District of Texas federal judge on a sanctions issue, finding that the trial judge used the wrong standard in deciding to deny the defendants' Rule 11 sanction motions in a patent case.Circuit Reinstates RICO Action in Sale of Contraband Cigarettes
The court rejected defendant Rodney Morrison's claim that the circuit's decision to certify questions on the New York Tax Law on cigarettes to the state's highest court indicated the law under which he was prosecuted was unconstitutionally vague.Ernst & Young Charged in Georgia Court With Misrepresentation
Just three months after Atlanta dealmaker J.B. Fuqua sold Fuqua Enterprises to New York-based Graham-Field Health Products, Graham-Field shocked analysts by announcing a quarterly loss of $3.9 million. Now, Fuqua is suing Ernst & Young, the accounting firm that audited Graham-Field's books and signed off on its financial statements prior to the deal, for negligent misrepresentation and professional negligence.Trending Stories
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