LAW

KKR-led consortium gobbles Del Monte for $5.3 bln

Del Monte Foods, one of the country's largest producers, distributors and marketers of branded food and pet products for the U.S. retail market, has agreed to be acquired by an investor group led by private equity firm Kohlberg Kravis Roberts (KKR) for $5.3 billion, including debt.

U.S. provided a safe haven for Nazi war criminals: Report

View of barbed wire fence at the Auschwitz ' former Nazi death camp in Poland, August 1978
The U.S. government had been secretly sheltering Nazi war criminals for several years and has clashed with other nations over their fate, a 600-page report, which the Department of Justice has tried to keep hidden from the public, reveals.
Law enforcement officials carry boxes marked "Evidence" out of the building housing Loch Capital Management in Boston, Massachusetts November 22, 2010

FBI cracks down on insider trading, raids hedge funds in three states

The Federal Bureau of Investigation (FBI) stormed into offices of three large hedge funds in New York, Connecticut and Massachusetts and seized documents in a string of raids that is being billed as a crackdown on insider trading by hedge funds, mutual funds and investment bankers.
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Cravath, Swaine & Moore LLP

Cravath kicks off BigLaw bonus season

Cravath, Swaine & Moore, a premier New York law firm, has kicked off the BigLaw bonus season by announcing bonuses ranging from $7,500 to $35,000 for its associates who have been employed at the firm prior to September 1, 2010.
A salesperson from Ssangyong Motor walks past the company's logo at its branch shop in Seoul

Mahindra buys Ssangyong Motor for $464 mln

India's Mahindra & Mahindra (M&M) said on Tuesday that it has agreed to acquire 70 percent interest in South Korea's Ssangyong Motor Company Limited (SYMC) for $463.6 million, in an attempt to gain momentum in global markets.
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Fed judge pleads guilty to drug charge

A federal district court judge, who was arrested last month for purchase and use of drugs and illegal possession of firearms, has pleaded guilty and has agreed to step down from the bench.
India's Prime Minister Manmohan Singh attends the Indian labor conference in New Delhi November 23, 2010

Indian PM not guilty of inaction in 2G scam, Atty. Gen. tells apex court

Indian Prime Minister Manmohan Singh is not guilty of inaction but was misguided by the Law Ministry and the bureaucrats and hence delayed in filing replies to the complaints of an opposition lawmaker who sought sanction to prosecute 2G spectrum scam accused Andimuthu Raja, the Attorney General of India has submitted before the Supreme Court.
Ahmed Khalfan Ghailani, a Tanzanian held at the U.S. naval base in Cuba since 2006 accused of involvement in the bombing of U.S. embassies in Africa, is depicted in this courtroom sketch of his arraignment, in New York, June 9, 2009

Ghailani acquitted of 284 of 285 terrorism charges by U.S. jury

In what looks like a setback for the Obama administration in matter of trial of terrorism suspects in civil court, the first suspect transferred from Guantanamo military prison to face a U.S. civilian trial was found not guilty by a Manhattan federal court jury on all but one charge in the 1998 African embassy bombings.
Givenchy Nightingale (right) and BCBG Rembrandt handbags

Givenchy files suit against BCBG

Givenchy has filed a federal lawsuit against BCBG in California district alleging that their Nightingale bag has been copied and sold by BCBG as their Rembrandt bag, which results in trade infringement. The Givenchchy bag retailed for $2,175 whereas BCBG sold their bag for $118.
Hickory Police Chief Tom Adkins and (inset right, clockwise from top) Zahra Baker, step-mother Elisa Baker and father Adam Baker. Adkins said, Friday, November 12, 2010, that the human remains found by the police earlier this month are of Zahra Baker

Adam Baker denies role in Zahra's death

Adam Baker, father of the disabled 10-year old girl Zahra Baker whose disappearance and confirmed death has shocked the people of North Carolina, has vehemently denied that he has anything to do with her death or dismemberment.
Holland & Knight

Former Holland & Knight partner admits bill padding, gets 90-day suspension

Former Holland & Knight partner, Edward Francis Ryan, has been suspended from practicing law for a period of 90 days for allegedly falsifying legal invoices in connection with the work he had provided to defend developer Pinnacle Corporation in a copyright infringement case over a 2-year period from August 2002 to December 2004.
Yahoo! Mail spam filter

Mass emailer sues Yahoo, Microsoft, etc for treating it as spammer

Holomaxx Technologies Corp., a Can-Spam compliant bulk emailer, has accused Yahoo, Microsoft, Cisco Ironport Systems and Return Path of breaching the wiretapping and other communications laws and wrongly blocking the mass emails it sends on behalf of its clients from reaching intended recipients.
Iron Man 2

Hollywood studios sue DVD sanitizer, seek injunction

Several Hollywood studios, including Paramount, Warner Bros., MGM, Disney, Universal and Fox, have filed a lawsuit against DVD sanitizer Family Edited DVDS, Inc. and are seeking a permanent injunction to stop the company from altering movies to be free of objectionable content and distributing them to consumers as family-friendly.
Royal Wedding

Royal prenup in the air?

Britain's Prince William and his long-time girlfriend Kate Middleton ended speculations about their future by announcing their engagement on Tuesday but triggered a new speculation over whether the couple will opt for a prenuptial agreement.
A statue holding the scales of justice is seen on top of the Old Bailey in London

Women lawyers struggling in law firms: NAWL

Women lawyers in America's top law firms have not benefited from structural changes that created nuanced stratifications of lawyers, a survey by the National Association of Women Lawyers and the NAWL Foundation suggests.
Internet Crime Complaint Center

Internet Crime Complaint Center logs 2 million entries

The Internet Crime Complaint Center (IC3), which was set up by the Federal Bureau of Investigation (FBI) and the National White Collar Crime Center in May 2000 to monitor and prevent cyber crime, recently logged its 2 millionth consumer complaint.

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