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Obama poised to sign stimulus into law
WASHINGTON AP - President Barack Obama is ready to sign into law the most sweeping economic package in decades, a rescue plan meant to reinvigorate job creation, consumer spending and public optimism. Add the bill to an ever-growing deficit.Capping the biggest victory of his month-old administration, Obama will sign the economic legislation Tuesday in Denver.Daily Decision Alert: Vol. 6, No. 8 -- January 13, 1998
Court's Friends Not Subject to Lawyer Fees
In a unanimous ruling written by Justice Carlos Moreno, the California Supreme Court says encouraging amicus curiae participation "is not compatible with a rule that would place such a litigant at risk for attorney fees."Midsize Chicago firm cuts handful of attorneys
Neal, Gerber & Eisenberg, a 200-lawyer Chicago firm that counts real estate, litigation and mergers and acquisitions among its strong suits, has cut a handful of attorneys following annual performance reviews that have taken on a harder edge amid the economic downturn.View more book results for the query "*"
Retailers report muted May revenue growth
Shoppers are showing signs of pulling back on spending on discretionary items like clothing and home goods as gasoline and groceries eat up more of their paychecks.Kazina v. Miller Transportation
Dismissal of Personal Injury Action on Grounds No 'Serious Injury' Sustained Is DeniedDecisions Threaten to Expand Use of Aiding and Abetting Claims
The U.S. Supreme Court's decision in Central Bank of Denver v. First Interstate Bank (1994) foreclosed private rights of action for aiding and abetting under the federal securities laws. But such claims remain viable under many state securities or "Blue Sky" laws.Hedge Fund Wins $35.5 Million Prejudgment Lien Against UBS
In one of the first actions against bond rating agencies and banks over the so-called toxic debt instruments that helped trigger the economic meltdown, a Connecticut hedge fund has won a $35.5 million prejudgment lien against UBS Securities and UBS AG. A Connecticut judge found that the Pursuit Partners hedge fund established probable cause that the international investment giant sold the debt instruments even though it had inside information that major credit rating agencies were just about to downgrade them.Trending Stories
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