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Lockheed Martin Wins $37 Million in IP Suit
A federal jury in Atlanta has awarded Lockheed Martin Corp. $37.3 million for the misappropriation by a Texas defense contractor of trade secrets associated with the design and construction of Lockheed's anti-submarine bomber, which is used by navies around the world.Former Shaw Pittman Partners Press Complaint Against Merged Firm
Last week six former Shaw Pittman partners who left the firm at the time of its merger with Pillsbury Winthrop filed an amended complaint in their lawsuit against the merged entity, claiming the firm owes them millions in unreturned capital contributions and for work they did in the first quarter of 2005. Now partners at Morrison & Foerster, the six have asked a Virginia judge to compel arbitration, citing clauses in the partnership agreement in effect when the partners left the firm.Don't like your grade Sue your law school
Call it practical training. Unhappy with their exam grades, their law schools' readmission policies and even administrators' conduct, a number of law students have sued their law schools in recent months. A group of students filed a $120 million class action against the American Justice School of Law in Paducah, Ky.Judge: CIA's Response to FOIA Requests Adequate
The Central Intelligence Agency has responded adequately to Freedom of Information Act requests on the detention and interrogation of terrorism suspects, a federal judge has ruled.Fannie Mae Won't Be Prosecuted Over Accounting Problems
Fannie Mae won't face criminal charges over its multibillion-dollar accounting irregularities, the U.S. Attorney's Office said Thursday after two years of investigation. In May, the company agreed to settlements with the SEC and the Office of Federal Housing Enterprise Oversight over accounting problems and what regulators said was earnings manipulation by the company. Earlier this month, Fannie Mae said it hoped to complete a multibillion-dollar restatement of its 2004 earnings by the end of this year.Ballot Challenge Looms, as Does Political Blowback
Opponents of gay marriage have already raised $1.5 million for a ballot measure aimed at reversing Thursday's decision.Miami law firms playing musical chairs with office spaces
With three new office towers coming online in downtown and in the Brickell Avenue financial district, it's been a tenants' market for firms looking to move or open new offices.Feds sue BP, other companies for oil spill damages
Bar Embezzler Gets 32 Months in Prison
Eight-year employee Sharon Pearl, who stole more than $615,000 from the State Bar, was also ordered to pay restitution.Trending Stories
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