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July 16, 2009 | New York Law Journal

Circuit Says Advisor's Knowlege Of Bayou Fund Fraud Not Proven

An advisor on investing in hedge funds cannot be sued for securities fraud for recommending a fund that later turned out to be a Ponzi scheme, the U.S. Court of Appeals for the Second Circuit has ruled. The circuit found that requirement of scienter was not met in the pleadings against an advisor who steered a client to Samuel Israel III and other founders of the Bayou funds group that later bilked investors out of more than $400 million. The case has been closely watched by legal observers who say it could influence the defense used by feeder funds that are sued for funneling their investors' money to Bernard L. Madoff.
5 minute read
June 21, 2007 | Law.com

Citing Supreme Court Precedent, 11th Circuit Reverses Major Copyright Ruling

An 11th Circuit panel has reversed the circuit's 6-year-old opinion in a major copyright case, declaring the ruling's mandate on behalf of freelance photographers to be "moot." The ruling, called "curious" by an intellectual property expert, interpreted a landmark U.S. Supreme Court decision that expanded freelance writers' copyrights in a way that limited the copyright claims of freelance photographers. The panel sidestepped a precedent which binds it to the earlier circuit decision.
12 minute read
April 07, 2009 | The Legal Intelligencer

2nd Circuit: Google Must Face Trademark Suit Over Keyword Ads

In a long-awaited opinion, the 2nd U.S. Circuit Court of Appeals ruled that Google must face a trademark infringement lawsuit for selling keywords that trigger ads.
3 minute read
August 19, 2009 | The Legal Intelligencer

Lawyer, Ex-Candidate on Hook for Legal Fees in Ballot Challenge

In a ballot challenge case that has gone up and down to the Pennsylvania Supreme Court several times since 2006, the court has affirmed without opinion a Commonwealth Court ruling that the Bonusgate scandal does not affect an order requiring the candidate and his attorney pay more than $80,000 in attorney fees and costs.
4 minute read
October 07, 2010 | Daily Business Review

Nonprofit ready to manage Gusman Center

A nonprofit group whose members will have to pay a total of $50,000 each to join is poised to take over management of Miami Olympia Theater at the Gusman Center for the Performing Arts.
4 minute read
September 08, 2011 | The Legal Intelligencer

Economy Spurs Recent Law Graduates to Go Solo

When Evelyn Rojas decided to go to law school, she was under the impression that job offers would be falling like manna from heaven by the time she finished her second year. Not quite.
7 minute read
February 27, 2012 | Law.com

Prosecutor Went Beyond Fair Comment, Panel Rules

A prosecutor "crossed the bounds of permissible rhetoric" by suggesting to jurors that the tattoos on a man charged with weapons possession reflected his violent criminal past, an appellate court ruled in reversing the defendant's conviction.
4 minute read
March 23, 2006 | Law.com

Ex-Treasurer: Lay Worried About Enron Problems

Enron founder Kenneth Lay worried in 2001 that the company's mounting financial problems would jeopardize its credit rating and inquired about managing its accounting to avoid a downgrade, a former Enron treasurer testified Wednesday. Former Treasurer Ben Glisan Jr. also said that Lay and ex-CEO Jeffrey Skilling knew that Enron, then a reputed powerhouse, was actually weak and faced multibillion-dollar losses and writedowns on poorly performing or overvalued assets.
6 minute read
December 03, 2008 | The Legal Intelligencer

Dechert Associate Takes His Case to U.S. Supreme Court

Most Big Law thirty-somethings are focused on making partner or, in this economy, keeping their jobs.
7 minute read
April 11, 2012 | Daily Business Review

Florida Senate stalls attempt at alimony reform

Divorce and family law attorney Christopher R. Bruce questions whether the alimony legislation that passed overwhelmingly in the House would have succeeded in the Senate if not for redistricting and budget issues that dominated most of Florida's 2012 legislative session.
5 minute read

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