Bank of America’s public posture in the months leading up to an $8.5 billion settlement brings up some interesting legal communications questions: Is it better to definitively assert that you will fight claims, then settle? Or do such statements just raise expectations? View full post on Law.com – Newswire
Ethics, Politics and the LawNew York TimesThe court cannot maintain its legitimacy as guardian of the rule of law when justices behave like politicians. Yet, in several instances, justices acted in ways that weakened the court's reputation for being independent and impartial. …Why Bush judge backed mandatePoliticoall 3 news articles » View full post on law [...]
Answering a certified question for the 9th Circuit in a case involving traveling software trainers employed by Oracle, the California Supreme Court has ruled that California companies must pay overtime to nonresidents who spend time working in the state. View full post on Law.com – Newswire
Judge rejects ports try to overturn fish lawBoston HeraldPeter Shelley, of the Boston-based Conservation Law Foundation, which supports the new rules, called the legal case "very weak," and said Zobel's ruling should end the dispute over them. The rules need to be improved, he said, but they ultimately will …Judge rejects Mass. ports try to [...]
Attorney David Grais claims an $8.5 billion settlement between Bank of America and the trustee for investors in Countrywide MBS was negotiated without his participation on behalf of Walnut Place, which holds more than $1 billion face amount of Countrywide MBS securities. View full post on Law.com – Newswire
The need to deter insider trading and send a stern message about violating client confidences led a federal judge Thursday to sentence former Ropes & Gray associate Arthur Cutillo to 2 1/2 years in prison for his role in the Zvi Goffer insider trading ring. View full post on Law.com – Newswire
Fox News Internet retailers unhappy with taxPress-EnterpriseReacting swiftly to an online sales tax signed into law Wednesday by California Gov. Jerry Brown, Amazon.com and Overstock.com announced they are severing their relationships with California affiliates to avoid having to collect the tax. …Internet sellers must collect tax, like it or notSan Francisco ChronicleCali Forcing Online Retailers [...]
MBIA cannot bring claims for negligent misrepresentation or breach of good faith and fair dealing in a lawsuit against defunct mortgage lender Countrywide Financial, a New York appellate court has ruled. View full post on Law.com – Newswire
Washington Times Montana judge blocks new curbs on medical marijuanaReutersHELENA, Montana (Reuters) – A judge has blocked parts of a Montana law that would have imposed tough new restrictions on state-sanctioned medical marijuana suppliers starting on Friday. In a preliminary injunction issued on Thursday, …Judge blocks parts of Mont. medical marijuana lawThe Associated PressFamily of [...]
Tens of thousands of federal prisoners could be released early from custody following the U.S. Sentencing Commission’s unanimous decision Thursday to retroactively apply crack cocaine sentencing guidelines that would reduce sentences for certain offenders. View full post on Law.com – Newswire