http://news.myspace.com/business/corporatelaw The latest news brought to you by MySpace! Sat, 05 Jul 2008 23:30:55 GMT http://newscdn.myspace.com/web.2.24/content/springwidget/corporatelaw.xml http://news.myspace.com/business/corporatelaw/item/19050451 That's how TDF Blog describes Versus television coverage this year: "Gone is Al Trautwig, who combined bombast and ignorance in staggering proportions." I love the constant commentary of Phil Ligget and Paul Sherwen. I love correcting Bob Roll and Conglomerate Sat, 05 Jul 2008 17:01:15 GMT http://news.myspace.com/business/corporatelaw/item/19050451 http://news.myspace.com/business/corporatelaw/item/18991510 The other day, I noted Chancellor William Chandler’s recent decision in Transkaryotic Therapies, in which he granted summary judgment to defendants with respect to a claim arising out of the so-called fiduciary duty of disclosure on grounds that too ProfessorBainbridge.com Wed, 02 Jul 2008 17:39:00 GMT http://news.myspace.com/business/corporatelaw/item/18991510 http://news.myspace.com/business/corporatelaw/item/19009437 (NYSE: UNH), a Minnesota-based diversified health and well-being company, has announced the preliminary settlement of the securities class action pending against it in the D. of Minn. The case, originally filed in December 2006, stems from allegations that UnitedHealth misrepresented and omitted The 10B-5 Daily Thu, 03 Jul 2008 17:53:32 GMT http://news.myspace.com/business/corporatelaw/item/19009437 http://news.myspace.com/business/corporatelaw/item/19050450 Have you seen the new Versus ad for the Tour de France? "A new stage begins" is an in-your-face rejection of Jan Ulrich, Michael Rasmussen, Floyd Landis, Alexandre Vinokourov, and other past dopers. A clean Tour? I am not so sure, but I think we can Conglomerate Sat, 05 Jul 2008 17:30:46 GMT http://news.myspace.com/business/corporatelaw/item/19050450 http://news.myspace.com/business/corporatelaw/item/19011079 (Credit: AP/Ed Reinke) This just in from Covington, Kentucky: After about six weeks of trial and 50 hours of jury deliberation, a mistrial was declared this afternoon in the trial of the two remaining Fen Phen defendants — Shirley Cunnigham and William The Wall Street Journal: Law Blog Thu, 03 Jul 2008 18:43:23 GMT http://news.myspace.com/business/corporatelaw/item/19011079 http://news.myspace.com/business/corporatelaw/item/19003692 The annual trial lawyers convention is just around the corner, as members of the American Association for Justice gather in Philadelphia July 12-16th. The convention brochure, as always, makes for interesting reading. For example, from the Section on Toxic, PointofLaw.com Thu, 03 Jul 2008 16:14:04 GMT http://news.myspace.com/business/corporatelaw/item/19003692 http://news.myspace.com/business/corporatelaw/item/19008452 Former CEO of Refco, Phillip Bennett, was sentenced today. The Wall Street Jrl article by Chad Bray is titled, "Ex-Refco CEO Bennett Sentenced To 16 Years in Prison for Fraud." Because loss is important in determining a sentence, the 60 year old man White Collar Crime Prof Blog Thu, 03 Jul 2008 18:29:10 GMT http://news.myspace.com/business/corporatelaw/item/19008452 http://news.myspace.com/business/corporatelaw/item/18994101 Last week, Senator Arlen Specter reintroduced his attorney-client legislation in the form of the "Attorney Client Privilege Protection Act of 2008," whose Senate bill remains S.186 (the '08 version text of the bill is not yet available; but I believe it's the TheCorporateCounsel.net Thu, 03 Jul 2008 08:43:20 GMT http://news.myspace.com/business/corporatelaw/item/18994101 http://news.myspace.com/business/corporatelaw/item/19048889 The Times gets wind of, and gives big play to, accounting standards harmonization on a slow news day. Tea leaf readers would probably characterize the story as surprisingly skeptical. Find it here Conglomerate Sat, 05 Jul 2008 14:54:16 GMT http://news.myspace.com/business/corporatelaw/item/19048889 http://news.myspace.com/business/corporatelaw/item/19043518 Jay Brown approvingly quotes former SEC Chairman Arthur Levitt: All 40 of the largest markets outside of our own give shareholders the ability to nominate and remove directors. By reversing its decision from last year, this new SEC will make it very clear ProfessorBainbridge.com Sat, 05 Jul 2008 02:33:00 GMT http://news.myspace.com/business/corporatelaw/item/19043518 http://news.myspace.com/business/corporatelaw/item/19008899 A Brit living in New Jersey, Bennett had previously pleaded guilty after being charged in a 20-count indictment, including conspiracy to commit securities fraud, in connection with a financial cover-up that brought down Refco, one of the world’s largest The Wall Street Journal: Law Blog Thu, 03 Jul 2008 17:43:23 GMT http://news.myspace.com/business/corporatelaw/item/19008899 http://news.myspace.com/business/corporatelaw/item/19003693 West Virginia Governor Joe Manchin has taken the unusual step of filing an amicus brief with the state Supreme Court of Appeals, asking the court to clarify the ability of DuPont to challenge a jury's award of punitive damages against it. DuPont last week PointofLaw.com Thu, 03 Jul 2008 15:39:26 GMT http://news.myspace.com/business/corporatelaw/item/19003693 http://news.myspace.com/business/corporatelaw/item/19008455 See David Abel & Todd Wallack, Boston Globe, Swindler Who Faked Death Surrenders in Southwick, Judge Rejects Request To Go To Medical Center. Samuel Israel III, although now turning himself into authorities in Massachusetts, is accused of failing to White Collar Crime Prof Blog Thu, 03 Jul 2008 18:26:12 GMT http://news.myspace.com/business/corporatelaw/item/19008455 http://news.myspace.com/business/corporatelaw/item/18987888 We'll see if they gain any more traction via this new civil suit. The last run through saw Apple jettison its general counsel, among others. The Daily Caveat Thu, 03 Jul 2008 02:36:00 GMT http://news.myspace.com/business/corporatelaw/item/18987888 http://news.myspace.com/business/corporatelaw/item/18985475 Whether a plaintiff can establish the scienter of a defendant corporation based on the collective knowledge of the corporation's employees, commonly referred to as the "collective scienter" theory, is a topic that is getting increased attention in the courts. Although to prove corporate liability The 10B-5 Daily Wed, 02 Jul 2008 23:53:32 GMT http://news.myspace.com/business/corporatelaw/item/18985475 http://news.myspace.com/business/corporatelaw/item/19045026 We just returned from the Stadium of Fire in the Lavell Edwards Stadium. I would have preferred watching football, but this was a great show. We were enthralled by the sky divers who opened the show. Half of the field was occupied by a stage and spectators, but dancers soon filed the other half. Conglomerate Sat, 05 Jul 2008 07:00:34 GMT http://news.myspace.com/business/corporatelaw/item/19045026 http://news.myspace.com/business/corporatelaw/item/19043041 Jay Brown has been blogging extensively on the Free Enterprise Fund’s lawsuit challenging the constitutionality of the Public Company Accounting Oversight Board. I wrote about the suit for TCS in my column Peekaboo, the Constitution Doesn’t See You, in which I argued that the ProfessorBainbridge.com Sat, 05 Jul 2008 02:25:00 GMT http://news.myspace.com/business/corporatelaw/item/19043041 http://news.myspace.com/business/corporatelaw/item/19006643 ‘The Model Seemed Broken to Me’ — Looking at a Law Firm Alternative For many summer associates, this holiday weekend will mark the halfway point of their foray into law-firm life. Mark Harris, the 38-year-old law-firm veteran who co-founded The Wall Street Journal: Law Blog Thu, 03 Jul 2008 16:43:24 GMT http://news.myspace.com/business/corporatelaw/item/19006643 http://news.myspace.com/business/corporatelaw/item/18987988 In West Virginia, a state where government hiring of private lawyers to pursue public lawsuits has been particularly controversial, four law firms including Hagens Berman are set to split $3.9 million for prosecuting an antitrust suit against Visa and PointofLaw.com Thu, 03 Jul 2008 02:48:51 GMT http://news.myspace.com/business/corporatelaw/item/18987988 http://news.myspace.com/business/corporatelaw/item/19001762 Therefore, I thought I had enough to cred to jump into the fray on this one sidepoint: If you are a progressive, liberal voter who is looking for a progressive, liberal candidate who will appoint liberal, progressive judges, do you hope the candidate is happy Conglomerate Thu, 03 Jul 2008 15:13:00 GMT http://news.myspace.com/business/corporatelaw/item/19001762