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Morrison & Foerster Finds Conflict in SCO Patent Case
Illustrating the ease with which conflicts of interest can arise at a big firm, attorneys at Morrison & Foerster recently found themselves with clashing interests in the same trial, thanks to a third party, who neglected to disclose key information. San Francisco-based partners Adam Lewis and Michael Jacobs discovered the conflict when they realized that an objection filed on behalf of their client, Novell Inc., would delay a transaction in which the buyer was another MoFo client.Two shareholders rescind Heinz lawsuits
Pittsurgh, Pa. (AP) - Two H.J. Heinz shareholders who had filed lawsuits over the $28 billion buyout of the Pittsburgh ketchup maker on Thursday asked a federal judge to dismiss their complaints, saying that the price tag is fair.Walid v. Yolanda for Irene Couture Inc.
Plaintiff-buyers proved by clear and convincing evidence that they justifiably relied on defendant-sellers' material misrepresentations regarding the business's income, causing them to sustain damages.View more book results for the query "*"
California Governor Candidate Attacks $78M Verdict Against His Firm
California Republican gubernatorial candidate Bill Simon on Thursday criticized a jury's decision to levy $78 million in damages against his family's investment firm in a fraud lawsuit. The verdict against Simon's firm could damage him politically because the first-time candidate has stressed his business success in his campaign, say analysts.3rd Circuit rules in favor of ex-Drifters manager
A former manager of 1950s doo-wop group The Drifters could be entitled to millions of dollars in damages from a New York City music promoter who presented different versions of the band at shows over the last three decades.Sitting Nassau Judge Dies of Heart Attack
Nassau County Supreme Court Justice Joel Asarch, a 12-year veteran of the bench whose responsibilities included the adjudication of guardianship matters, was remembered as a "lawyer-friendly judge" and a "gentle, fair person with a great sense of humor."Pay-to-Play Ban Leaves Loophole For Lawyers
The new campaign contribution rules adopted by the Legislature will reduce pressure on law firms to donate money to office seekers to get state work. But politicians with power over contracts will retain the right to target individual lawyers who own less than 10 percent of the equity in their firms.Trending Stories
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