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The American Lawyer - The Young Litigators Fab Fifty
Attorneys in the News |
2007/01/03 23:57
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The "American Lawyer" list of rising litigators in the US contains a concentration of appellate, intellectual property, public interest, and products liability lawyers.
Others have made a mark as criminal defenders or labor lawyers or securities specialists. All of them have worked relentlessly to get where they are. The list carries the biographies of 50 litigators the magazine expect to see leading the field for years to come.
Click here for the full story.
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Ex-Enron Executive Causey Reports To Jail
Breaking Legal News |
2007/01/03 23:46
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Richard Causey, former Enron chief accounting officer, has reported to the Bastrop Federal Correction Institution, a low-security facility in Texas, to begin serving his prison sentence for his role in the Enron accounting scandal. Causey was sentenced to 66 months last November after accepting a plea deal and was required to turn himself in to begin serving his sentence by Tuesday. In addition to the prison sentence, he will forfeit $1.25 million to the US government and a claim to deferred compensation, which amounts to almost $250,000. Causey's plea deal came just days before the scheduled trial of fellow ex-Enron executives Kenneth Lay and Jeffrey Skilling, who were both later convicted of conspiracy and fraud. Lay's conviction was vacated after he died before sentencing and Skilling began serving his 24-year sentence last month. Former Enron CFO Andrew Fastow was sentenced to six years in prison in September 2006 for his role in the accounting fraud. |
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US sends mixed messages on Saddam's execution
Politics |
2007/01/03 23:45
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US forces left security during Saddam Hussein's execution to Iraqi authorities Saturday but would have handled the hanging "differently", US Maj. Gen. William Caldwell said during a press conference in Baghdad Wednesday.
Caldwell said that US-led coalition forces transported Saddam to the execution site, left him in the care of Iraqi authorities, and then withdrew from the premises, and had no part in the searching of witnesses for unauthorized media equipment, including mobile phones and video devices: “We were not involved in any search of any people, we had nobody present, we did not dictate any requirements that had to be followed. … The multinational force had absolutely no direct involvement with that whatsoever.â€
The release of an unofficial video of the hanging, allegedly taken by a witness with a camera phone, has prompted protests from Sunnis, outrage outside of Iraq, and an investigation by the government of Iraqi Prime Minister Nouri al-Maliki into its taping and distribution. The video shows that Saddam was taunted by his guards before the hanging took place. |
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Godfrey & Kahn Elects Eight New Shareholders
Law Firm News |
2007/01/03 14:36
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The law firm of Godfrey & Kahn, S.C. announced the election of eight new shareholders. They include:
Milwaukee Office
Anthony S. Baish, Litigation Ellen R. Drought, Securities Thomas R. Homberg, Financial Institutions Mark E. O’Neill, Real Estate Madison Office (LaFollette Godfrey & Kahn) Rochelle H. Klaskin, Corporate and Labor & Employment James D. Peterson, Intellectual Property and Litigation Waukesha Office Founded in 1957, Godfrey & Kahn maintains offices in Milwaukee, Madison (La Follette Godfrey & Kahn), Appleton, Green Bay, and Waukesha, WI; Washington, DC; and Shanghai, PRC. With more than 200 attorneys, Godfrey & Kahn provides legal and business advice to clients ranging from small businesses and governmental entities to large privately and publicly held national and international companies.
http://www.gklaw.com |
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U.S. law firm again at center of big CEO payout
Legal Business |
2007/01/03 13:49
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Law firm Wachtell, Lipton, Rosen & Katz is again at the center of a massive and controversial CEO payout, representing the board of Home Depot Inc.that gave its departing boss a $210 million goodbye. Wachtell's work for Home Depot marks the third time in recent years that it gave advice to boards during other large payout controversies, including executive ousters at Morgan Stanley and the New York Stock Exchange. Home Depot confirmed Wachtell is representing its board. Wachtell, a respected New York city corporate law firm led by prominent takeover attorney Martin Lipton, did not respond to a call seeking comment on Home Depot. The home improvement retailer said on Wednesday that Chairman and Chief Executive Robert Nardelli had resigned after a year of heavy criticism of the company's underperformance and Nardelli's pay package. The company also found past problems with its stock option grants. Nardelli's $210 million exit package sparked widespread criticism and thrust Wachtell back in the CEO pay spotlight. Martin Lipton was also chairman of the legal-advisory committee of the NYSE, where former Chairman Richard Grasso was forced out in 2003 after a furor over his $187.5 million pay package.
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Mexico moves to protect illegal immigrants
Human Rights |
2007/01/03 11:46
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Mexicans planning to cross the border into the United States will be issued with satellite tracking devices by their Government to make sure they arrive safely. Government officials in Mexico have approved a plan to issue Mexicans crossing the US border illegally satellite tracking devices to ensure their safe arrival in the United States. Even with a knowledgeable guide called a "coyote" paid to lead the way, it is believed that hundreds of migrants die during the arduous four-day trek across the desert. The tracking device will alert border patrol forces on both sides of the frontier of those who get lost or fall behind. Approximately, 200,000 devices are expected to be assigned this year. Two volunteers for the US-based No More Deaths faced prosecution last year for aiding illegal immigrants they found in need of emergency medical attention in the Arizona desert, though the charges were dismissed in September. The advocacy group works to reduce the number of migrant deaths in the desert and the two workers were arrested while attempting to transport sick migrants to a medical clinic; the workers said they were following a protocol approved by the US Border Patrol when they were arrested which involved checking with a lawyer and a doctor before transporting migrants to medical facilities. |
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IRS Warns of Scams and Fraud in 2007
Law Center |
2007/01/03 11:41
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The dawning of a new year for many is an opportunity to wipe the slate clean and resolve to do more in the months ahead—lose more weight, be more generous, and, of course, make more money. Unfortunately scammers of all stripes will be seeking their own fortunes in 2007, often by preying on the public's general affinity to get something for nothing.
Fraud appears in many ways and robs innocent victims of billions of dollars every year. Mortgage fraud alone is estimated to have cost $1 billion in 2005 and is expected to be a continuing problem in 2007—a recent analysis shows mortgage loan fraud reports rose 35 percent in the past year. Internet fraud last year cost victims $183 million, much of it through bogus online auctions and the non-delivery of goods. As the new year emerges with its infinite possibilities, add another resolution to the mix-resolve not to be a victim. Don't fall for scams designed to steal your identity or your money. Be vigilant with your personal data, know what scams are lurking, and be mindful of the golden rule "If it looks too good to be true…," which happens to have its own website: lookstoogoodtobetrue. Here is a short list of scams to be aware of. It is by no means complete, but offers a glimpse of ways scammers try to take what is yours. More information can be found on our Common Fraud Schemes page and at LooksTooGoodToBeTrue. Meanwhile the Internet Crime Complaint Center (IC3) keeps a running list of emerging Internet scams. The links below describe different types of fraud and offer tips on how to protect yourself: Telemarketing Fraud: When you give personal or financial information to unknown callers, you increase your chances of becoming a victim of fraud. Nigerian Letters or "419" Fraud: A letter, often mailed from Nigeria, offers the recipient the "opportunity" to share in a percentage of millions of dollars. Identity Fraud: The sources of information about you are so numerous that you cannot prevent the theft of your identity. But you can minimize your risk of loss by following a few simple hints. "Ponzi" Scheme: A Ponzi scheme is essentially an investment fraud wherein the operator promises high financial returns or dividends not available through traditional investments. Internet Auction Fraud: Understand as much as possible about how an auction works, what your obligations are as a buyer, and what the seller's obligations are before you bid. Scams Targeting Senior Citizens: The elderly are targeted for fraud for several reasons: they are more likely to have a "nest egg," they are typically more trusting, and they are less likely to report-or realize-they have been scammed. Mortgage Fraud: It's one of the fastest growing white-collar crimes in the U.S. We list seven common mortgage loan fraud schemes, including "flipping," when property is purchased, falsely appraised at a higher value, and then quickly sold. Combating major white-collar crime is one of the FBI's top priorities. You can learn more about our efforts on our White-Collar Crime page. And you can do your part to help us by being vigilant and not falling for promises of quick riches in 2007.
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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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