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Twitter and Hilton Ride Wave of IPOs
The much-anticipated initial public offering of the social networking company was made official Thursday, along with those for Hilton Worldwide and the U.K.'s Royal Mail, all of which enlisted the efforts of a handful of leading Am Law 100 and global firms.Guy From "CHiPs" -- No Not Erik Estrada, the Other One -- Admits Security Fraud
An actor who starred as one of two California highway officers in the 1970s TV series "CHiPs" was sentenced Friday to serve three years probation for conspiring to commit securities fraud.Prospects Seem Uncertain for Affirmative Action as Justices Ponder How to Define 'Critical Mass'
Constitutional questions about race generally have divided the Roberts court and, unsurprisingly yesterday, the court's liberal members aggressively challenged counsel for Abigail Fisher, a white woman denied admission at the University of Texas, while the conservative justices aimed their firepower at the university's advocate.Justice Samuel Alito's recusals from business cases pique interest
Recusals by U.S. Supreme Court Justice Samuel Alito Jr. in three key business cases have left court watchers wondering what's up.Lennar teams with FDIC to buy distressed loans
Miami-based Lennar acquired a 40 percent managing interest in two loan portfolios with balances of $3.05 billion for about $243 million.IP Litigation: Poised for Takeoff?
The top firms in IP Law & Business' seventh annual patent litigation survey showed a slight bump up in work last year, but lawyers are already bracing themselves for a new wave of patent litigation following the U.S. Supreme Court's decision in KSR v. Teleflex. Combined with the justices' other recent patent rulings and the potential for patent reform in 2007, the litigation landscape has suddenly been transformed into uncharted territory. Are these chart-topping firms ready for the journey?Exxon Mobil Suit Yields $2 Million in Fees
A federal judge in Pennsylvania has awarded $2 million in fees to lawyers who won $6 million for 52 former Mobil Corp. employees who said they were cheated out of severance pay in an ERISA suit when they were not hired by the newly formed Exxon Mobil Corp. after a merger. Judge Cynthia M. Rufe decided the team of plaintiffs lawyers was entitled to a 61 percent "multiplier" due to the high quality of work and the risk of earning nothing in a case that required more than 6,000 hours of attorney time.Court: Tell-all book after divorce warrants contempt
Martha Socarras co-wrote a tell-all book about marital struggles long after agreeing to keep silent about the splitNew Acting Essex Prosecutor May Be Viable Formal Nominee for the Post
Attorney General Paula Dow on Tuesday appointed her counsel, Carolyn Murray, as acting Essex County prosecutor, immediately set off speculation over whether she would be considered formally for the job.High court will test 2005 tort law
THE STATE SUPREME COURT has agreed to hear a challenge to a part of last year's tort law changes that required medical-malpractice plaintiffs to waive the privacy in their medical records when they file claims.The high court said it would review one of two July decisions by the Court of Appeals of Georgia that struck down the provision as conflicting with a federal statute guarding the confidentiality of patient information.Trending Stories
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