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Ex-Manhattan Prosecutor Morgenthau Joins Wachtell
Headline News |
2010/01/20 17:45
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Former Manhattan District Attorney Robert Morgenthau said he’s joining the New York-based law firm of Wachtell, Lipton, Rosen & Katz. Morgenthau, 90, left office last month after 34 years as New York City’s top prosecutor. At Wachtell, the firm known for advising Wall Street clients on merger advice, he will be of counsel, a non-partner position. “I have long admired Wachtell Lipton for not only its outstanding reputation as a law firm, but also for its devotion to and support for advancing the law and the legal profession, education and service to New York and the nation,” Morgenthau said in a statement. Morgenthau began his prosecutorial career when President John F. Kennedy appointed him U.S. Attorney in 1961. As district attorney he prosecuted money-laundering, securities-fraud and tax-evasion cases, including one against former Tyco International Ltd.’s former chief L. Dennis Kozlowski, who was convicted in 2005 of looting the company. Wachtell has its sole office in New York. It advised Bank of America Corp. in its purchase of Merrill Lynch & Co., JPMorgan Chase & Co. in its purchase of Bear Stearns Cos. and Wells Fargo & Co. in its acquisition of Wachovia Corp. A co- founder, Martin Lipton, created the “poison-pill” takeover defense. |
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L.A. Law firm suing China suffers attack
Headline News |
2010/01/14 15:43
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Chinese software developers over the Green Dam Youth Escort monitoring program suffered several targeted attacks earlier this week, when documents containing malicious exploits were sent to attorneys, the firm stated late Wednesday. On Monday evening, lawyers at the firm of Gipson Hoffman & Pancione received e-mails that appeared to have been sent by associates, the group said in its statement. The Trojan e-mail messages contained either links to Web sites or attachments and were specially constructed to retrieve data from the victim's computer or the company's server. "The specific source of the attacks has not yet been determined, but it appears that they attacks were initiated within China," the firm said in its statement. Last week, filtering software firm CYBERsitter announced that it had retained Gipson Hoffman & Pancione to sue the Chinese government, two Chinese software developers and seven PC makers for allegedly distributing its software code as part of the Chinese state-sponsored filtering and monitoring program known as Green Dam Youth Escort. The latest incident follows Google's announcement on Tuesday that it was considering pulling out of China following serious attacks on its networks that resulted in stolen intellectual property and the surveillance of human-rights activists in China. The attacks on law firm GHP are not the first attempt to infiltrate companies involved in the claims against China and Green Dam. Last summer, CYBERsitter also received two PDF files containing malicious code. The law firm has contacted the FBI and the U.S. government and the incident is under investigation, according to its statement.
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Kroger settles with Calif. law firm
Headline News |
2010/01/08 20:25
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Under terms of a settlement announced by Oregon Attorney General John Kroger, a California law firm is prohibited from providing loan modifications in Oregon and is required to pay $28,857. "I will not hesitate to take action against companies that attempt to take advantage of Oregon homeowners in distress," Kroger said. The settlement followed an Oregon Department of Justice investigation that determined The USMAC Law Group had violated state law by collecting advance fees for loan modifications to prevent foreclosure sales. The DOJ's investigation also focused on alleged non-compliant contract language and deceptive infomercial advertisements for the firm's loan modification program that aired nationally on satellite television. Loan modification companies are prohibited from collecting advance fees and using confusing contract language by the 2008 Oregon Mortgage Rescue Fraud protection Act. The USMAC Law Group will provide $6,857 in refunds to two Oregon consumers and an additional nine Oregon consumers who contracted with The USMAC Law Group may also be eligible for refunds. The remaining $22,000 will be paid to the Oregon Department of Justice. No wrongdoing was admitted by The USMAC Law Group in agreeing to the settlement. The settlement with The USMAC Law Group comes as part of a crack down on unscrupulous loan modification work to fight the foreclosure crisis by the Department of Justice, the Department of Consumer and Business Services, the Oregon Legislature and consumer groups, Kroger said.
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Supreme Court considering changing lawyer ad rules
Headline News |
2010/01/06 10:51
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The state Supreme Court is considering changing Indiana's rules governing advertising by attorneys. State Trial Court Services Director Tom Carusillo says many of the proposed changes are designed to clarify the rules' language or update the rules to fit modern communications technologies such as the Internet. He says one proposed change would broaden a rule to allow more attorneys to advertise as specialists if they are certified in a particular field of law. The Supreme Court's rules committee will be accepting comments on the proposed changes from judges, lawyers and the public until March 1. |
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Campaign finance law: Third time a charm?
Headline News |
2010/01/03 15:10
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Vermonters running for office this year are already raising and spending money, but the rules that try to limit the influence of campaign money on government are murky. Legislators may – again – pass a bill this year limiting donations from individuals, political action committees and parties. But there will be factors that will complicate that decision. For one thing, it is an election year, a time when lawmakers have typically stayed away from campaign finance bills. And at least four senators are already running for higher office, as are Lt. Gov. Brian Dubie, who presides over the Senate, and Secretary of State Deborah Markowitz, the state's chief election officer. Finally, a new lawsuit, brought by some of the plaintiffs and the lawyer who successfully challenged the state's last set of campaign finance laws before the U.S. Supreme Court, will move forward. The previous lawsuit by Vermont Right to Life and attorney James Bopp, who frequently challenges states' campaign finance laws, resulted in the country's top court tossing out central parts of Vermont's rules governing money in politics, which were passed in 1998. Since then, under the advice of Attorney General William Sorrel, the state has operated under the laws that preceded the 1998 changes. Twice lawmakers have passed a bill implementing a new set of campaign finance laws, and twice Gov. James Douglas has vetoed the measure. Lawmakers have tried to set more stringent limits on contributions from any given donor and especially from PACs and parties. Douglas objects to the way the bills would curb giving by parties.
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Fla. gov: No reason to refuse lawyer's donations
Headline News |
2009/12/28 11:34
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Florida's governor says he saw no reason to investigate a South Florida lawyer charged with operating a $1 billion Ponzi scheme or refuse his political contributions. Gov. Charlie Crist said Thursday he initially didn't believe rumors about now disbarred attorney Scott Rothstein. The two were once political allies and friends. Crist attended Rothstein's extravagant wedding. Rothstein helped throw a 52nd birthday party for Crist. A South Florida Sun Sentinel analysis of campaign contributions shows Rothstein, his legal associates and their families have donated at least $2.8 million to largely Republican political causes since 2006. Crist, who is running for U.S. Senate, says Rothstein never asked for political favors or anything else in return for his support. |
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