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Daily Report Online

US Ambassador Reflects on Vatican Trafficking Summit

The U.S. State Department ambassador leading the country's global fight against human trafficking said that Pope Francis' decision to convene summits to eradicate human trafficking is critical to attacking the practice globally.
4 minute read

New York Law Journal

Six New Judges Are Appointed in NYC

New York City Mayor Bill de Blasio announced the appointment Tuesday of six new judges, most of whom are attorneys in the Office of Court Administration or staff attorneys in state courts.
3 minute read

New York Law Journal

Two Judges Honored for Achievement

The New York Legal Referral Network recognized Appellate Division, Second Department Justice Jeffrey Cohen and retired New York City Housing Court Judge George Heymann on May 25.
1 minute read

Litigation Daily

Stanford Rape Judge Is Why We Need Judicial Elections

Here's one good reason why we should elect our judges: it's a way to get rid of Santa Clara County Superior Court Judge Aaron Persky.
4 minute read

Delaware Business Court Insider

Public Policy Bars Dismissal of Bankruptcy Case, Judge Rules

A Delaware bankruptcy judge on Monday blocked a lender's bid to dismiss Intervention Energy Holdings' Chapter 11 case, declining to enforce a contractual provision that would have effectively extinguished its ability to file for bankruptcy protection.
12 minute read

The Legal Intelligencer

Miller v. State Emps. Ret. Sys., PICS Case No. 16-0712 (Pa. Commw. May 24, 2016) Covey, J. (14 pages).

CONTRACTS
3 minute read

The Legal Intelligencer

Defendants Look for Broader Interpretation of 'Halliburton II'

This month marks the two-year anniversary of the U.S. Supreme Court's seminal securities class action decision, Halliburton v. Erica P. John Fund (Halliburton II), 134 S. Ct. 2398 (2014), which allows defendants to rebut—at the class certification stage—the fraud-on-the-market presumption of reliance permitted under Basic v. Levinson, 485 U.S. 224 (1988). According to Halliburton II, defendants may rebut the Basic presumption by showing that their alleged misrepresentations had no impact on the defendant company's stock price. Notably, the court held that defendants may show lack of price impact with appropriate evidence that either "the asserted misrepresentation (or its correction) did not affect the market price of the defendant's stock." Reiterating its decision in Basic, the court explained that "'any showing that severs the link between the alleged misrepresentation and ... the price received (or paid) by the plaintiff ... will be sufficient to rebut the presumption of reliance.'"
10 minute read

National Law Journal

Fight Over Fiduciary Rule, Even in Scheduling, Looms Large

Lawyers fighting the U.S. Labor Department's heightened standards for retirement advice quarreled Monday in a Washington federal court over scheduling in a lawsuit that seeks to block the new rules from taking effect.
4 minute read

Daily Report Online

Dempsey Named Fulton Superior Court Deputy Chief Judge

Fulton County Superior Court Judge Alford Dempsey Jr. has been named the court's deputy chief judge, assuming the post formerly held by Judge T. Jackson Bedford Jr., who is leaving office at the end of the year. Dempsey's new duties began June 1.
2 minute read

Daily Report Online

Attorneys Must Be Precise in Representations to Court

On May 19, Judge Andrew Hanen of the U.S. District Court for the Southern District of Texas issued a scathing order criticizing the conduct of several Department of Justice attorneys defending the federal government against a suit brought by a group of 26 states.
12 minute read

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