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Lender Without Mortgage Note in Hand Lacks Standing To Sue for Foreclosure
Raising another procedural hurdle to residential foreclosure cases, a state appeals court ruled Tuesday that a mortgage lender must demonstrate that it possesses the note or an assignment before filing its complaint, the Appellate Division says.Shareholders' Claims Narrowed, but Malpractice Suit Against Winston & Strawn May Go Forward
Winston & Strawn must face a $2.5 million malpractice suit from former shareholders of pharmaceutical company Biosynexus for allegedly botching the 2005 sale of the company, Supreme Court Justice Judith J. Gische has ruled.Injured Motorcycle Rider Gets $975,000 In Settlement
Robert Peterson et al. v. Analise Tenney et al.: A man who was seriously injured after the motorcycle he was riding smashed into a vehicle that made a left turn in front of him has collected $975,000 in a settlement agreement.Lawyers Sign On to Monitor Voting Sites, Answer Election Day Queries
For thousands of lawyers across the United States, Election Day isn't just about casting ballots for their preferred candidates. It's also about making sure that the system under which Americans vote works as it's supposed to. With the presidential race too close to call and candidates scrambling for every vote, that will be a particularly important this year.Bloomberg's Private Lobbying for Gay Marriage Defended by A.G.
Mayor Bloomberg's lobbying technique was one of several complaints about the way in which the law was passed lodged by New Yorkers for Constitutional Freedoms.Cybersecurity Act Could Impact Law Firms, General Counsel
Congress this week will be introduced to the Cybersecurity Act of 2012, which aims to protect crucial American computer infrastructure by giving oversight to the Department of Homeland Security. Experts say it's possible that large law firms and corporate legal departments could be impacted and find themselves reporting security procedures to the federal government, or face fines and public scrutiny.An Error in Protecting Privacy
Last week's article, "Cell Phone Tracking: Privacy or Anonymity?," discussed a federal court judge's decision to deny an application made by the prosecutors under the Stored Communications Act, or the SCA, for an order directing a cell phone service provider to provide information kept by the provider as to which cell towers a cell phone in question was closest to over a period of sixty days.Merrill Will Pay Million To Settle Analyst Investigation
MERRILL LYNCH & Co. and Attorney General Eliot L. Spitzer buried the hatchet yesterday, as the brokerage firm agreed to pay a million fine to settle allegations that it misled investors with stock market research.Board of Contributors: Make sure independent contractors are classified correctly
Susan Eisenberg and Nefertari Rigsby say to prevent violations that could result in costly liability, employers should take the initiative to ensure workers are classified correctly. Self-auditing and restructuring job descriptions and pay practices are proactive steps to ensure compliance, they say.Trending Stories
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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