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Conundrums of Controlling-Shareholder Deals
What is an in-house counsel to do when a controlling shareholder seeks to enter into a transaction with the corporation?Consumer confidence in U.S. rises
Household confidence has improved to a four-year high as more Americans said the economy was improving and decided it was a good time to shop. The Bloomberg Consumer Comfort Index was minus 36.7 in the period ended March 4, the highest since April 2008, up from minus 38.8 in the prior period. The gauge on the state of the economy reached a one-year high, while the buying-climate measure climbed to a level last exceeded in December 2009.Trombetta v. Raymond James Financial Services
A novo review clause contained in an arbitration agreement was held unenforceable as a matter of law in Pennsylvania. Affirmed.Police Cadet Candidate Lacks Job Property Right
A Pennsylvania police cadet candidate doesn't have a sufficient personal property right in employment that would require a hearing before disqualification of the candidate, the state's Commonwealth Court has ruled. Michael Snisky was appointed a cadet with the Pennsylvania State Police in January 2001, only to have the appointment rescinded later that month because of a domestic violence report at his home.Daily Decision Service Alert: Vol. 22, No. 43 – March 5, 2013
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Supreme Court Rules for White Firefighters in Title VII Case
In a dramatic ending before it recessed for the summer, the U.S. Supreme Court on Monday ruled, 5-4, that the city of New Haven, Conn., violated the civil rights of white and Hispanic firefighters when it tossed out the results of a promotion exam after no African-Americans had passed it.Lawyer Suspended Two Years for Gaming Bankruptcy Court Process
A lawyer who filed two bogus bankruptcies to fend off a foreclosure that threatened his own financial interests has been hit with a two-year suspension — the second in his career.Silicosis: Breathing Down on California
Brent Coon sees the future of lung litigation, and it's far beyond his Texas headquarters. But the prospect of Texas attorneys moving to California worries local lung lawyers. They say a Texas litigation flood -- and the controversial tactics used by some silicosis lawyers -- will make it difficult for attorneys representing the relatively small number of actual silicosis sufferers to pursue their cases.Trending Stories
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