LAWYER

Lehman sees $60 billion bankruptcy payout, needs time

Lehman Brothers
Lehman Brothers Holdings Inc said it will take longer than expected to win approval of a bankruptcy plan, and projects paying out $60.1 billion as it tries to settle differences with creditors owed six times that amount.
Italian Prime Minister Silvio Berlusconi

Italy's top court rules Berlusconi can face trial

Italy's constitutional court ruled on Thursday that a law which has protected Prime Minister Silvio Berlusconi from prosecution for corruption and tax fraud was invalid in key points and judges could order him to stand trial.
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Top Nixon Peabody lawyers desert firm for rival LeClairRyan

Richmond, Va.-based law firm LeClairRyan has poached on at least 15 Nixon Peabody lawyers, including 5 partners, who will focus on expand upon the firm's capabilities in intellectual property, bankruptcy and commercial litigation practices in the newly established Rochester, N.Y. office.
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Turner sentenced to 33 months imprisonment for murderous rants

Hal Turner, a right-wing blogger and Internet radio host, has been sentenced to 33 months in federal prison for threatening to assault and murder three judges of the 7th U.S. Circuit Court of Appeals in Chicago in response to their 2009 ruling upholding handgun bans in the city.
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Calif. lawyer accepts disbarment for misappropriating client funds

A California lawyer has agreed to be disbarred over a charge of stealing $117,000 from a widow after representing her in a case regarding her deceased husband's life insurance policy proceeds, according to the State Bar of California and Orange County District Attorney's (OCDA) statements.
A general view of the building where Kenneth Starr resides in New York and (inset) Kenneth Starr and Diane Passage

Former law firm partner charged with helping Starr operate Ponzi scheme

The Securities and Exchange Commission (SEC) has charged Jonathan Bristol, a former law firm partner, with aiding and abetting Kenneth Ira Starr's Ponzi scheme by allowing Starr to use his attorney trust accounts as conduits for transferring the funds stolen from Starr's clients to Starr and his two companies for personal use.
George Canellos, Director of the SEC's New York Regional Office, speaks  in New York, March 2, 2010.

Lawyer charged in investment scam

The lawyer for indicted former financial adviser Kenneth Starr was himself charged today for assisting in Starr's multi-million dollar fraud, the Securities and Exchange Commission said.
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Assange's UK lawyer says half of bail cash raised

A lawyer for WikiLeaks founder Julian Assange said on Wednesday his backers had raised around half of the 200,000 pounds ($317,400) cash he needs to secure bail after he was accused of sex crimes in Sweden.
Fort Meade, Maryland.

Birther faces court martial

The court martial of Lt. Col. Terrence Lakin, who disobeyed orders because he believes Barack Obama is not the legal President of the United States, begins today at Fort Meade in Maryland.
Coroner rules Wang Xiaopeng was justified in his actions for killing burglar who was assaulting his wife

Legal sector struggling, reports suggest

A significant drop in jobs in the legal sector over the past two months and a sluggish rise in billing rates in 2010 indicate that law firms are still struggling to overcome the economic slowdown.

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