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Postscript to 'Morrison v. National Australia Bank'
George T. Conway III, a partner at Wachtell, Lipton, Rosen & Katz, writes that for four decades, the Second Circuit's case law on the territorial scope of §10(b) traveled on a collision course with the Supreme Court. The holding in Morrison v. National Australia Bank was inevitable, and attempts to get around that ruling, the most creative of which is becoming known as the "listed securities" theory, must fail as well.High Court to Hear Challenge to Terror Tribunals
The Supreme Court agreed Monday to review the legality of military commissions created by the Bush administration to try suspected terrorists for war crimes. Human rights advocates say the international law and separation of powers issues the Court will confront in Hamdan v. Rumsfeld are critically important -- and could bear directly on the habeas corpus claims of hundreds of detainees being held at the U.S. naval base at Guant�namo Bay.Ex-Senator's Criticism of Counsel in Effort to Upset Plea Rebuffed
The U.S. Court of Appeals for the Second Circuit upheld the conviction of Efraim Gonzalez Jr. for using public money for personal purposes, rejecting Mr. Gonzalez's contention that he was not properly apprised by Bronx defense attorney Murray Richman of the ramifications of the guilty plea he entered in 2009.Deep Counsel Roster Helped MLB Reach Peace With Players
It turns out that labor peace in a major U.S. professional sports league can be achieved without lockouts or litigation.Loan-Modification Work May Flout Ethics Rules, Court Panels Warn
Attorney who represent customers of mortgage-modification companies — increasingly attractive work these days — are at risk of losing their law licenses if they split fees with the financiers, two Supreme Court committees say in a joint ethics opinion.Sharp Increase in Criminal Cases But Little Variation in Affirmance Rates
Paul Shechtman, a partner at Stillman, Friedman & Shechtman, writes that the 2009-2010 term fulfilled Chief Judge Lippman's promise: the Court heard more criminal cases than in any year in the past decade, and ruled on topics such as the Confrontation Clause, collateral consequences of guilty pleas and televised testimony.Trending Stories
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