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High court sets oral arguments in campaign lawsuit
Headline News | 2011/07/16 10:27
A conservative group fighting campaign finance rules in Montana says in a recent filing that it agrees disclosure laws can apply to corporate speech, but Western Tradition Partnership argues it isn't subject to current disclosure laws because its attack mailers fall outside the definition of "electioneering."

The Montana Supreme Court has set oral arguments for September in the state's challenge to a district court decision that tossed out the outright ban on corporate political spending.

Western Tradition Partnership first filed the lawsuit last year piggybacking on the high-profile Citizen's United case decided by the U.S. Supreme Court. The group aims to undo Montana's century-old restriction on corporate political spending.

Western Tradition is separately fighting a decision that it failed to report campaign expenditures. The group argues its activities are not intended to influence elections.

In a brief filed earlier this month with the Supreme Court on the main case fighting the ban corporate campaign spending, WTP made it clear it believes campaign finance regulation is OK.

"If the State is truly concerned with accountability, the state has other means at its disposal, such as disclosure laws, to make sure that people know who is speaking," Western Tradition argued in the brief. "It is inappropriate, and indeed, unconstitutional, to completely outlaw corporate political speech."


Anthony lawyer rises from obscurity to legal fame
Headline News | 2011/07/12 09:22
Three years ago, Jose Baez's name was barely a blip in the legal community.

This was a lawyer who made his way to the profession after dropping out of high school, getting a GED and going into the Navy. He tried several failed businesses — including two bikini companies — before he eventually enrolled at Florida State University and St. Thomas University School of Law. It took another eight years for him to be admitted to the bar.

Now he's arguably one of the most recognizable attorneys in the country after his client Casey Anthony was acquitted in the death of her 2-year-old daughter, Caylee, in a case marked by a captivated national audience and searing scrutiny of every legal twist.

For the last three years since, Baez faced questions from other attorneys and TV commentators about his lack of criminal law experience and tactics. Now he's a legal celebrity almost certain to be offered interviews, book offers and possibly movie deals that could bring hundreds of thousands of dollars.

"I think this is obviously life-altering for Jose Baez," said Terry Lenamon, a former member of Anthony's defense team, who left the case in 2008 after a disagreement over strategy.

Baez, 42, took Anthony's case pro bono in 2008, after getting a referral from a former client who shared a cell with Anthony following her initial arrest. He has handled the case since then, operating on state funds available to Anthony because of her indigent status, and from an early $200,000 she received from licensing photos and videos to ABC News.


Law school enrollment in Missouri lags as legal jobs dry up
Headline News | 2011/07/04 10:49
Missouri law schools expect fewer students in the fall after several years of significant enrollment growth both regionally and nationally.

The St. Louis Post-Dispatch reported this week that the University of Missouri's flagship campus in Columbia has received 17 percent fewer applications this year. Applications at Washington University dropped 13.3 percent, while St. Louis University is seeing a nearly 20 percent decline.

A national group that tracks law school enrollment says that applications are down more than 10 percent overall compared to this time last year.

The economic downturn means that law school graduates can no longer count on landing lucrative jobs straight out of college. The declining interest comes one year after many schools reported record enrollment.

"The stories about the legal market have certainly dampened some people's enthusiasm," said Paul Pless, assistant dean for admissions and financial aid at the University of Illinois at Urbana-Champaign College of Law. Applications at Illinois are down nearly 8 percent so far this year.

Melissa Hamilton, 35, is a recent University of Missouri law school graduate still looking for a job. She's applied for a few government positions but is waiting until she passes the bar exam before making a stronger push. She's also looking into jobs where she could also use her master's degree in social work.


Conservatives limit consumer, rights lawsuits
Headline News | 2011/06/26 17:06
The Supreme Court's conservative majority made it harder for people to band together to sue the nation's largest businesses in the two most far-reaching rulings of the term the justices are wrapping up on Monday.

The two cases putting new limits on class-action lawsuits were among more than a dozen in which the justices divided 5-4 along familiar ideological lines, with the winning side determined by the vote of Justice Anthony Kennedy.

Women made up one-third of the nine-member court for the first time ever this year, but missing from the court's docket was a case that could be called historic.

Next year and 2013 could look very different, with potentially divisive and consequential cases on immigration, gay marriage and health care making their way to the high court.


McCourt lawyer: Selig hasn't acted in good faith
Headline News | 2011/06/24 12:04

Baseball Commissioner Bud Selig hasn't acted in good faith by rejecting a proposed television deal involving the Los Angeles Dodgers and appeared determined to run Frank McCourt out of the sport, an attorney representing the embattled owner said Tuesday.

A day after Selig announced he wouldn't approve a Dodgers TV deal with Fox Sports — reportedly worth up to $3 billion — lawyer Robert Sacks questioned the commissioner's intentions and warned that any potential takeover of the team by Major League Baseball would be met with resistance.

"There seems to be a predetermined result to drive Frank out of baseball without a good faith basis," Sacks said. "This isn't going to go away quietly."

McCourt hoped Selig would sign off on the transaction that would have provided him with $385 million up front and was vital to a binding settlement reached between him and his ex-wife and former Dodger CEO Jamie McCourt last week. McCourt now faces the potential of missing a June 30 team payroll without the TV funds and that could lead to a MLB takeover.

Rob Manfred, MLB's executive vice president of labor relations, wouldn't say what Selig's next move would be, but noted the league has treated McCourt fairly and wasn't interested in seeing him take on further debt or pull future revenues to be used for non-baseball expenses.



Fed proposes expanding capital reviews to 35 banks
Headline News | 2011/06/11 18:37
The Federal Reserve wants a broader group of banks to provide details each year about their finances, part of an effort to ensure banks can meet their capital requirements and avoid another financial crisis.

The Fed currently requires the nation's 19 largest banks to submit capital plans annually. The proposal unveiled Friday would expand the list to the 35 largest banks by requiring firms with assets of $50 billion or more to submit annual plans.

Capital is the amount of reserves that a bank holds as a cushion against losses. If the Fed determines a bank doesn't have adequate capital, it can order it to stop paying dividends to stockholders. The central bank is taking comments on the proposal through August and has plans to implement it by January.

The financial overhaul law passed last year directed federal regulators to do a better job monitoring the level of capital that banks keep on hand. Banks have been fighting many of the more stringent controls being imposed under last year's legislation. They contend the tighter rules are not necessary and will restrict their ability to make loans.


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