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The Application of 'Morrison' to SEC and Criminal Cases
In her Securities Regulation column, Roberta S. Karmel, a professor at Brooklyn Law School, discusses recent decisions interpreting the Supreme Court's holding in 'Morrison,' Congress' attempt to restore the ability of the SEC and DOJ to bring actions under Section 10(b) in cases of transnational fraud that would have been heard under the conduct and effects test, and two cases involving derivative securities that may test the application of that attempt.Judge Pitches In on Paperless Case Management System
Judge Rick Magnis of the 283rd District Court of Dallas County, Texas, recently answered questions about the efforts to shift his court to a paperless case management system. A self-described "computer nerd," Magnis knows that no new system is perfect, but must be implemented correctly for success to be achieved.The Wild West? Extreme Loan Modification in 'Transwest'
In their Financing column, Jeffrey B. Steiner and Jason R. Goldstein, members of DLA Piper, write that while New York bankruptcy courts have interpreted the application of the cramdown provision differently than a recent bankruptcy court decision, the fair and equitable analysis has yielded wide-ranging results nationawide.Houston Fee Fight Leads to Motions Seeking Contempt and Sanctions
The Bennett Law Firm in Houston sought to recuse District Judge Sharon McCally in a case involving the firm's fee dispute with another attorney. But a different judge found the recusal motion "frivolous" and sanctioned the firm. Now the firm and its attorney face possible sanctions from McCally. Houston solo Scott Rothenberg (pictured) filed motions for contempt and sanctions.Departing Pentagon GC Johnson Expected to Rejoin Paul Weiss
Jeh Johnson, the general counsel for the U.S. Department of Defense, has announced that he is stepping down from that post at the end of the year. During his time at the agency, Johnson authored a report that paved the way for the repeal of the "Don't Ask, Don't Tell" policy, and was instrumental in the Obama administration's handling of military commission trials at Guantanamo Bay.Faulting Lawyer's Immigration Advice, Judge Vacates Guilty Plea
Eastern District Judge Raymond Dearie on April 12 tossed the 2004 mail fraud conviction of Joy Pope, who is in immigration custody and facing deportation to Nigeria.First Case Against Toyota Headed for Trial Next Spring
A Los Angeles judge has tentatively scheduled the nation's first trial against Toyota over its sudden acceleration defects for April 2012.Plaintiffs' Lawyers Want Details About New Round of Recalls at Toyota
Plaintiffs' lawyers leading the multidistrict litigation against Toyota in the United States are investigating whether new recalls totaling 2.17 million vehicles are truly limited to defects associated with the gas pedals, reports The National Law Journal.With 68-31 Vote, Senate Confirms Sotomayor
In a historic and divided 68-31 vote, the Senate on Thursday confirmed the nomination of appeals court Judge Sonia Sotomayor to the U.S. Supreme Court, making her the first Hispanic and third woman on the nation's highest court.Online Tools to Get a Better Outlook
Don't have the time or the patience to look for software to enhance your Outlook system? Simply not a fan of the notion of downloading yet another program that you may never use? We tested a slew of them so you don't have to. Our top three picks are ClearContext, Xobni and Gist.Trending Stories
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