United States "T-Bomb" Tossed by "Batman"
(Structured Settlements 4Real)... email blast sent by John S. Bat, High Impact Structured Settlements to several of the nation's trial lawyers on December 3, 2008. See above link. Points for Discussion (related to the above quotes) General Account - ... to pay significantly higher yields? With a structured settlement that carries a security interest, the security interest is in the assignee or annuity contract owner which pledges the annuity as collateral. There is no security interest in the specific United States Treasury Bonds ...
December 4, 2008 03:51 am
Morning Docket 12.03.08
(Above the Law)... in a robbery that garnered him $150. [San Francisco Chronicle] * For love of the law...and video games. A 26-year-old lawyer at Sheppard Mullin manages a 20-person team that deal with mergers, licensing contracts, and other legal transactions that fuel the game industry. Imagine how fun it would be to crash one of their office parties -- there is nothing sexier than a lawyer who loves video games. [Los ...
December 3, 2008 02:37 pm
The Am Law Litigation Daily: December 3, 2008
(The Am Law Daily)... of Jordan, sued his business partners in an oil transport venture called International Oil Trade Center Co. Ltd. (IOTC Jordan). Al-Saleh's lawyers at Skadden, Arps, Slate, Meagher & Flom claimed that the Jordanian's partners defrauded him out of his share of the revenue from contracts to transport oil from the Gulf of Aqaba through Jordan to U.S. troops stationed in Iraq. Skadden filed the case in state court in Palm Beach ...
December 3, 2008 02:00 pm
... (Iron Chef for the Wii, anyone?). Therefore, we shouldn't be surprised that a new hip crew of west coast lawyers is springing up to cater largely to the industry. At Greenberg Glusker, for example, repping video-game makers has become a big money- ... . These postmortems, meant to improve future games, are brutally frank in pointing out the flaws of even successful titles. But in contract disputes, the notes from these critiques can be used to assign blame, said MacIsaac of Greenberg Glusker. "It's ...
December 3, 2008 10:24 am
Finals Approaching
(Taking the Law Into My Own Hands)... is a valuable reminder for some of my classmates that seem overly stressed) and they're not a good predictor of the quality of lawyer we will be. Also, they don't count for much of anything after you get your first job. My Crim Law prof told ... coming along well. That's due Friday. My finals schedule is as follows Tuesday: Torts, Thursday: Property, Monday: Civ Pro, Wednesday: Contracts, Friday: Crim Law. On a side note, all my peers are clapping at the end of our final class for each course. It's ...
December 3, 2008 09:38 am
Legal Outsourcing to India Expanding
(Rainmaking Club: Law Firm Marketing " Litigation Support Marketing)... This is one way law firms can try to reduce expenses for clients in a challenging economy. Potential savings are significant, with U.S. temp lawyers billing more than double the going rate in India. Kelley Drye & Warren in New York is reported to use lawyers in India to conduct litigation document review and for straightforward contract matters. Many other firms are being asked by clients to consider outsourcing. Like many other businesses, the ...
December 3, 2008 06:18 am
A Rush To Capital Or Off A Cliff?
(Bank Lawyer's Blog)... reasons are fear and a 'follow-the-herd' mentality" said one prominent bank lawyer. When he wiped the sneer off his face, he allowed that the fear might be ... suspect that many boards would not allow their banks to enter into a contract of this sort. Moreover, the idea behind the program is to get banks to go to the private capital ... .3. I believe the Treasury should delete Section 5.3. At the very least, the contract ought to provide that if the Treasury made changes to the deal terms, banks would ...
December 3, 2008 03:55 am
Seven guidelines for when the legal department ought to be involved in contracts
(Law Department Management)In-house lawyers who handle contracts and agreements should always be thinking about the right balance between what the legal department does and what clients do. A handful of criteria (plus two) suggest whether the balance of work falls on lawyers...
December 3, 2008 03:06 am
Sovereign Immunity Complicates Lawsuits Against Governments
(South Florida Injury Attorney Blog)... the records or simply settle, the sisters have no other recourse. In fact, the article notes that they lost their lawyer because there was nothing else he could do for them. That may all be perfectly legal, but it denies them ... and perhaps peace of mind over their mother's death. (Victims of cruise ship injuries who have signed unfair contracts are in a similar situation.) Because of these severe restrictions on lawsuits against the government, I always tell clients with these claims to act as ...
December 2, 2008 05:31 pm
New Mexico Baby Formula Scare
(New Mexico Personal Injury Lawyer Blog)Parents in Otero and Lea Counties are at a high level of alert after reports that two infants contracted e. Sakazakii, a bacteria believed to be connected to the preparation of baby formula. One infant passed away as a result of the illness, while another was hospitalized. Given the recent baby formula deaths in China, it is hard to rule out the two incidents as coincidence. However, hopefully tha tis exactly what it is and not the first signs of a possible New Mexico product liability action. ...
December 2, 2008 05:23 pm
Tuesday Survival Tip: Get CASH On The Barrelhead
(End of ESQ.)... not policy unless the matter is likely to exceed $3000 in total. $$$ $$$ $$$ The collapse of the financial markets and the huge influx of new lawyers has changed all that. Now, it is imperative for solo and small firms to get their money (or most of it) ... house for sale in a lousy market. Similarly, in estate planning or contract reviews, get it upfront. These things have a way of evaporating quickly and clients have been accustomed by lawyers to only pay when the project is closed or completed. ...
December 2, 2008 02:36 pm
Naomi Klein's views on the bailout
(Just Appease Me)... where the problem lies. Take Lee Meyerson, Simpson Thacher's lead lawyer on the bailout negotiations, who is specifically named in the contract as "essential" to the project. As the company's hotshot attorney, Meyerson has personally ... nation's top banks, Treasury announced that it had selected the firm that would receive the juiciest contract of all: that of "master custodian." The winning company will be to the bailout what Halliburton is to the military: the contractor of contractors. It will ...
December 2, 2008 01:31 pm
... hourly-contingency basis depending on what the client wants). I am a firm believer in the contingency system because it provides the most incentive for the lawyer to do the best job possible for the client without expending needless resources simply because the lawyer is paid by the hour ... , expressing much better than I can, several reasons why corporations and small businesses should incorporate contingency fee contracts in their cases, regardless of how large they potential recovery may be. hans
December 2, 2008 01:00 pm
Texas Landowners Find Appraisers Scarce In Border-Fence Cases
(Immigration Law Answers Blog)... firm for its side could lead to fewer landowners holding out for a trial, said lawyers involved with the cases. The Justice Department expects about 270 condemnation lawsuits against valley landowners. Most have settled, but federal lawyers say about 80 holdouts could carry their cases all the way to trial, scheduled to begin next spring. ... miles of fencing along the U.S.-Mexico border. It will not meet its end-of-year deadline, but has promised to have all sections under contract by then. ...
December 2, 2008 11:25 am
... .... If you choose to be lazy and not go through that entire agreement or contract of agreement, then absolutely you should be held liable." Should they be punished with a ... can decide to acquit Drew. If Wu lets the verdict stand, Drew's lawyers plan to appeal the case to the 9th Circuit Court. Legal experts say the court is ... that prosecutors overstepped in using the Computer Fraud and Abuse Act to criminally charge a contract breach, which is normally a civil violation. Photo: Lori Drew and her ...
December 2, 2008 04:00 am
Ninth Circuit Rejects Securities Case Based on FCPA Disclosures
(The D " O Diary)... the Sao Paulo Bovespa. According to the plaintiffs' lawyer November 26 press release (here), the complaint alleges that During the Class Period, Aracruz entered into undisclosed currency derivative contracts to purportedly hedge against the Company' ... a wide variety of companies, some of which may be subject to securities litigation. It is interesting to note that the plaintiffs' lawyers in the Aracruz case appear to have made a conscious decision to include within the class the Brazilian company's ...
December 2, 2008 12:53 am
Can Lori Drew Verdict Survive the 9th Circuit Court?
(27B Stroke 6)... continues. "I think many judges are reluctant to say that this whole trial and this whole effort of the jury and burden on the lawyers was in vain." But Volokh, a former clerk for Judge Alex Kozinski, a 9th Circuit judge, agrees with Kerr that on ... and what the statute is properly interpreted as meaning," he told Threat Level. "To say that whenever you breach the contract you therefore become an unauthorized user of the system and are therefore a felon, that can't possibly be right. I think the ...
December 1, 2008 11:03 pm
For CEQA, Project Commitment Is Still A Question Of Fact
(Abbott " Kindermann Land Use Law Blog)... guiding principles: Stand Tall and Concerned McCloud, as precedent, are not automatic safe harbors from CEQA compliance. A contract term requiring future CEQA compliance will not automatically convert an agreement which would otherwise be considered ... article should not be construed to be formal legal advice by Abbott & Kindermann, LLP, nor the formation of a lawyer/client relationship. Because of the changing nature of this area of the law and the importance of individual facts, readers are ...
December 1, 2008 10:03 pm
State of the AmLaw 200 Blogosphere, November 2008
(Real Lawyers :: Have Blogs)... but featuring the writings of one of their attorneys, this blog is a forum for members of the ACOEL (a professional association of environmental lawyers) interested in writing on environmental law. Employer's Law Blog Day Pitney LLP have entered the blogosphere ... , four of the firm's real estate specialists blog about developments in the realm of real estate law. Government Contracts Law Blog A blog providing readers with updates on developments impacting government contracts, written by Sheppard ...
December 1, 2008 04:14 pm
Poorly Drafted Disability Clause in Operating Agreement Provides Novel Defense to LLC Dissolution Proceeding
(New York Business Divorce)... Barnes of mishandling the LLC's funds, retaining engineers without Swett's approval, failing to communicate with the LLC's lawyers, and excluding Swett from the LLC's management. Barnes told a different tale, to say the least. His opposing affidavit ... a mental analysis as demanded by Barnes under Section 9.3(e). Justice Fisher's decision is based on principles of contract construction. He finds that the "provisions for a mental examination made in Section 9.3(e) are clear and unambiguous" and that ...
December 1, 2008 12:00 pm