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Many Friends Await Luttig if He Gets Supreme Court Nod
If Attorney General Alberto Gonzales is in the market for a Supreme Court nominee anytime soon and his thoughts turn to appeals court Judge J. Michael Luttig, he won't have to look far to find people who will sing Luttig's praises.Judge May Allow Proof of Earlier Suit Against Weil Gotshal
The judge overseeing the malpractice trial involving Weil, Gotshal & Manges and two of its partners is considering letting the jury hear about another suit against the firm filed by the pop singer Michael Bolton. Judge Richard Lowe previously ruled that he would exclude mention of other claims against the firm. But on Friday, the judge said he thought testimony Wednesday by one of the partners, Robert Sugarman, about his celebrity representations might "open the door" to questions about the Bolton suit.Pa. High Court Revives Class Suits Against Health Plans
The Pennsylvania Supreme Court has revived a series of class action suits against the state's four Blue Cross and Blue Shield health plans alleging they violated the Nonprofit Corporation Law of 1988 by maintaining excessive surpluses. The justices reversed a ruling that dismissed the suits on the grounds that the insurance commissioner has exclusive jurisdiction to deal with rates because the "filed-rate doctrine" prevents collateral attacks on rates and reserves approved by the commissioner.Orange Legal Tech Partners with OrcaTec
Orange Legal Technologies, a Salt Lake City-based provider of e-discovery, litigation, and investigative services, has announced a technology partnership with Atlanta-based OrcaTec.Small business accelerates as new jobs precede Fed's easy money
Small businesses are bouncing back as access to lending eases and consumers ramp up purchases. This would be welcome news for policy makers struggling to spur the world's largest economy and bring down unemployment stalled near a 26-year high, because small companies account for 60 percent of job creation, according to Federal Reserve Chairman Ben S. Bernanke. The Fed said Nov. 3 it plans to buy another $600 billion of Treasuries, citing "disappointingly slow" progress in the recovery.View more book results for the query "*"
Illinois judge dismisses two 19-year-old murder convictions
A Cook County, Ill., judge granted dismissals of 19-year-old murder convictions of two men on Tuesday after prosecutors requested the dismissals in court.New AG must focus on filling ranks
NOW THAT PRESIDENT BUSH has nominated Michael Mukasey to succeed Alberto Gonzales as attorney general, the question is how much influence the retired federal judge will wield in filling the unusually high number of vacancies at the Department of Justice. Most of Gonzales' management team crumbled in the past nine months with the resignations of top administrators and political appointees.Steele Allows Medco Merger Vote to Take Place; Shareholders Approve the Union
Delaware Chancery Court Vice Chancellor Myron Steele cleared the way last week for Medco Research Inc.'s shareholders to approve King Pharmaceuticals Inc.'s $342 million takeover offer for the maker of heart drugs, despite a bid by the State of Wisconsin Investment Board to block the vote on the stock-for-stock offer. The court ruled that the investment board hadn't overcome the business judgment rule, which requires the court to presume directors acted loyally and to defer to the discretion of the board.Trending Stories
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