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Corporate and Securities Litigation
Sarah S. Gold, a partner at Proskauer Rose, and Richard L. Spinogatti, a senior counsel at the firm, write that three recent federal court decisions have unanimously rejected the SEC's use of �5 as a means to stop short-selling of PIPE shares registered after the short sale but before the cover transaction.Cite as: Licopoli v. Mineola School District, 09-3974, NYLJ 1202475714011, at *1 (EDNY, Decided December 1, 2010)District Judge Denis R. Hurleyp class="dec
Excavator Impalement Case Ends With $8.2 Mil. Accord
A pipe-layer whose genital area and lower extremities were impaled when he was crushed between the arm of an excavator machine and a cement manhole has settled with the owner and developer of the construction site and an engineering company responsible for safety on the site for $8.2 million in Philadelphia.Supremely Thanked for His Service
Calling him a jurist and public servant who has contributed to the fair administration of justice, the New Jersey State Bar Association recently recognized Judge Edwin H. Stern in a resolution.Facts not an issue as Nichols trial begins
After a morning session largely consumed by the reading of the 54-count indictment of accused Fulton County Courthouse shooter Brian G. Nichols, the jury and courtroom were jolted by the prosecution's opening statement, marked by the playing of an audiotape of the gunshots that killed Fulton County Superior Court Judge Rowland W.White-Collar Heavyweight Lowell Steps into Petraeus Fracas
Chadbourne & Parke partner Abbe Lowell is representing Jill Kelley, a Tampa woman who prompted the FBI investigation that led to the resignation of CIA director David Petraeus amid revelations that he had an extramarital affair with his biographer.Kaplan Sets Hearing on 'Taint' of U.S. Witness in Ghailani Trial
Federal Circuit: Lawyers in vaccine cases not entitled to fees that apply in complex litigation
In a precedential opinion, the U.S. Court of Appeals for the Federal Circuit has affirmed a federal claims court decision approving fees for lawyers handling vaccine cases based on "reasonable hourly rates" of similar practitioners.Lawyers Pay Price in DuPont Fee Case
The Florida Supreme Court disbarred plaintiffs lawyer Roland R. St. Louis and handed Francisco R. Rodriguez a two-year suspension for taking a $6.4 million fee from the defense to file no more cases against E.I. du Pont de Nemours & Co. The two had represented 20 clients suing DuPont for damages allegedly resulting from exposure to the fungicide Benlate. St. Louis was ordered to disgorge $2,277,663, his share of the fee. Rodriguez could be ordered to pay as much as $1.4 million.Court clerk becomes first to be charged under new U.K. bribery act
Munir Yakub Patel is set to become the first person to be prosecuted under the Bribery Act 2010 over allegations that he accepted a bribe to influence criminal proceedings.Trending Stories
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