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Tribune, WaMu Bankruptcies Reaching the End
Two of the most contentious bankruptcy cases of the financial crisis took major steps forward yesterday, the highlight being the release of a heavily redacted version of the examiner's report investigating the collapse of the Tribune Company.Brocade's Reyes Tried For Pardon, But Fell Short
Ex-CEO Gregory Reyes, one of the very few executives convicted for stock option backdating-related crimes, recently sought a pardon or commutation. But the DOJ sent his applications right back.Despite Montco Jail Expansion, Focus on Overcrowding Continues
Even as Montgomery County leaders dedicated an expansion on the county correctional facility last week, court leaders said that they will keep in place court programs that were established at least in part because of prison overcrowding.Consequences of Snowden Leaks May Be Worse Than You Think
In this article, I do not discuss whether Edward J. Snowden is a hero or a traitor, or something in between. What I do discuss is the nature of the information leaked, the damage the leaks have caused and will continue to cause to U.S. businesses, and what you can do about it.Referee Says Prince Should Pay $4 Million to Perfume Manufacturer
SEC Abandons Beleaguered Backdating Case Against Former Broadcom Executives
The SEC has voluntarily dropped its civil case against four former Broadcom executives, including the former general counsel. It was the latest setback in the U.S. government's pursuit of securities fraud tied to stock options backdating at Broadcom. In December, a federal judge dismissed criminal charges against Broadcom co-founder Henry Nicholas and former CFO William Ruehle, largely due to prosecutorial misconduct. The judge also dismissed the SEC's related complaint but gave the commission the option to amend the charges.Reclusive Prosecutor Takes On Politically Charged Case
Nora Dannehy, the career prosecutor from Connecticut appointed to investigate the U.S. attorney firings, is charged with building upon the work of the Justice Department's watchdogs in an investigation where politics and law are hopelessly intertwined.Insurer-to-Insured Payment Not Antecedent Debt, Pa. High Court Rules
On Feb. 23, Pennsylvania became the second state to recognize an "ordinary course of business" exception to preference actions brought under a state insolvency statute where the defense is not expressly set forth in the statute.Trending Stories
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