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Nevada lawmakers reject veto of partnership bill
Breaking Legal News |
2009/06/01 03:08
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Nevada's Assembly voted Sunday to override Gov. Jim Gibbons' veto and to change state law so that domestic partners, whether gay or straight, have many of the rights and benefits that Nevada offers to married couples.
The Assembly's 28-14 vote — the bare two-thirds majority needed — followed the state Senate's vote a day earlier to enact the measure into state lawbooks over the conservative Republican governor's objections.
The bill provides that domestic partners have the same rights as married couples in matters such as community property and responsibility for debts. It also prohibits discrimination against domestic partners. Critics contended that domestic partners can sign private contracts to accomplish many of the goals of the bill, and that it conflicted with the intent of Nevadans who voted in 2002 for a constitutional amendment supporting marriage between a man and a woman. The measure states, among other things, that no "solemnization ceremony" is required and it's "left to the dictates and conscience of partners entering into a domestic partnership" whether to have such a ceremony. |
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GM shares fall below $1 as deadline approaches
Bankruptcy |
2009/05/29 08:44
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Shares of General Motors Corp. have fallen below $1 for the first time in 76 years as a Chapter 11 bankruptcy filing for the automaker appears increasingly likely.
GM shares lost more than 22 percent to fall as low as 87 cents in morning trading on Friday. It was the stock's lowest trade since April 18, 1933.
The symbolic decline comes just days away from a government-imposed restructuring deadline of June 1. The company is expected to file for Chapter 11 bankruptcy protection by then, leaving shareholders virtually wiped out. On Thursday, the automaker offered a new debt-for-equity proposal to its bondholders. The deal would give the government a 72.5 percent stake in the company but made no mention of existing shareholders. |
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Court upholds not guilty verdict in Samsung case
International |
2009/05/29 08:43
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South Korea's Supreme Court on Friday upheld a lower court ruling that acquitted the former chairman of Samsung on breach of trust charges.
The top court said that Lee Kun-hee was not guilty, reiterating a judgment made by the Seoul High Court last year. The charges stemmed from long-standing allegations of dubious financial transactions purportedly aimed at transferring corporate control from Lee to his son.
In a related case, the court threw out convictions of two Samsung executives who had been found guilty of selling convertible bonds to Lee's children at prices less-than-market value. The court said that it could not find that the executives had violated breach of trust laws in the case and sent it back to the Seoul High Court for reconsideration. Critics had said the sale was aimed at enabling Lee to hand over control of the Samsung Group to his son Jae-yong, now an executive at Samsung Electronics Co. The elder Lee, who led South Korea's biggest industrial conglomerate for 20 years, was convicted last year of tax evasion and given a suspended prison term. Lee is a South Korean corporate icon who has personified Samsung. He succeeded his father as chairman and is widely credited with turning the group's flagship, Samsung Electronics, into a global brand. Lee was indicted in April last year following a probe by special prosecutors into allegations of wrongdoing aired by a former Samsung lawyer. The indictment prompted Lee to quit as chairman of Samsung Electronics. |
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Delaware Supreme Court gives OK to sports betting
Breaking Legal News |
2009/05/29 08:43
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The Delaware Supreme Court says a proposed sports betting lottery does not conflict with the state constitution.
The opinion was requested by Gov. Jack Markell, who has signed a bill that would make Delaware the only state east of the Rocky Mountains to offer sports wagering.
In a 22-page ruling dated Wednesday, the court says the state constitution permits lotteries that have an element of skill, as long as chance is the predominant factor in winning or losing. The justices also say the proposed sports lottery satisfies the constitutional requirement that lotteries be under state control. The NFL opposes the lottery and has said it may challenge the bill in court. |
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Man Pleads Guilty to Using MySpace to Lure Teen Girls
Criminal Law |
2009/05/29 04:46
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A Monrovia man pleaded guilty Thursday to using Internet websites like MySpace to lure teenage girls into having sex with him.
Gregory Serrano, 34, pleaded guilty to 20 sex charges involving three teenagers between the ages of 14 and 17.
Prosecutors say Serrano found the teen girls on MySpace and other Web sites, where he posed as a 19-year-old.
He then allegedly phoned them and sent text messages to them to arrange for them to come to his home and have sex.
Serrano has a pending federal cause involving child porn and other charges involving more victims.
He is scheduled for sentencing July 6, and faces up to 20 years in prison. |
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Kenneth Anderson joined the Sheppard, Mullin, Richter & Hampton
Law Firm News |
2009/05/29 03:48
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Kenneth B. Anderson has joined the New York office of Sheppard, Mullin, Richter & Hampton LLP as special counsel in the firm's Entertainment, Media and Technology practice group. Anderson joins Sheppard Mullin after 17 years with Loeb & Loeb in New York.
Anderson represents premier talent and progressive companies in the music and entertainment industries. He handles business and legal affairs and supervises litigation on behalf of recording and touring artists, composers, producers, independent record companies and others in the music industry. As a talent dealmaker, he builds and maximizes careers. Anderson also represents cutting edge internet, television and motion picture companies.
Anderson's litigation experience includes high-profile and precedent-setting cases involving composers, recording artists, record labels, publishers, managers, artists’ rights and accounting practices, as well as leading cases on copyright and freedom of artistic expression. He has negotiated agreements that have restructured business relationships for some of the world's most innovative and successful recording artists and songwriters.
"Ken hits the right note; by joining us he substantially bolsters the depth and breadth of our music industry expertise. His legal specialties fit perfectly with our existing representations, such as library acquisitions, concert promotion, and soundtrack deals, but also solidify a forward-thinking music practice at Sheppard Mullin because of his unique focus in this area," said Bob Darwell, chair of the firm's Entertainment, Media and Technology practice group.
Commented Anderson, "Sheppard Mullin has built a premier entertainment practice and I am excited to join Bob and his outstanding team. I am very impressed by their top-notch client list and the broad scope of international representations in the areas of film, television, internet, new technology, fashion and advertising, and look forward to growing the music and recording segment of their practice."
Anderson received a J.D. from Rutgers University School of Law in 1982, where he was research editor of the Rutgers Computer & Technology Law Journal, and a B.A., cum laude, from Rutgers University in 1979.
Sheppard Mullin's Entertainment, Media and Technology practice group includes 45 attorneys and the firm has more than 40 attorneys based in its New York office.
About Sheppard, Mullin, Richter & Hampton LLP
Sheppard Mullin is a full service AmLaw 100 firm with more than 560 attorneys in 11 offices located throughout California and in New York, Washington, D.C. and Shanghai. The firm's California offices are located in Los Angeles/Century City, Los Angeles/Downtown, Orange County, San Diego/Del Mar, San Diego/Downtown, San Francisco, Santa Barbara and Silicon Valley. Founded in 1927 on the principle that the firm would succeed only if its attorneys delivered prompt, high quality and cost-effective legal services, Sheppard Mullin provides legal counsel to U.S. and international clients. Companies turn to Sheppard Mullin to handle a full range of corporate and technology matters, high stakes litigation and complex financial transactions. In the U.S., the firm's clients include more than half of the Fortune 100 companies. For more information, please visit www.sheppardmullin.com.
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Bankruptcy law firm calls GM home
Legal Business |
2009/05/29 03:44
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General Motors Corp.'s primary bankruptcy law firm Weil, Gotshal & Manges LLP is housed in New York in the aptly named GM building.
In June 2008, a group of investors purchased the iconic building on Fifth Avenue and three others in a $4 billion deal and said they might decide to sell the building's naming rights, which expire in 2010. The law firm in 1996 renewed its 350,000 square feet of office space on 11 floors in the GM building for 21 years starting in 1998. GM sold the building in 1991. The Detroit automaker's New York operations left its namesake building last year and moved into the Citigroup Center. In 1968, GM had 26 floors of office space in the 50-story building, but that had shrunk to just three by last year. |
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet. |
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