Hackers Breach Major US Law Firms
Among the law firms affected were Cravath Swaine & Moore LLP and Weil Gotshal & Manges LLP, which represent Wall Street banks and Fortune 500 companies, according to a report.
Australian Law Firm's Stock Plunges On UK 'Whiplash' Concerns
The U.K. government has proposed changes to limit minor personal injury claims in road accidents, commonly referred to as “whiplash claims.”
Progress Slow For Female Lawyers In Private Firms
Of the equity partnerships at law firms nationally, only 18 percent were women.
Lawyers Follow The Money Into Myanmar
International law firms are eager to move into Myanmar as major Western companies begin to invest in the country.
On One-Year Anniversary, Occupy Wall Street's Diversity On Display During Protest
A year to the day after protesters descended on Zuccotti Park, launching what would become a national phenomenon, little has changed. The occupy Wall Street protesters who turned out to mark Occupy's anniversary had a vast number of causes.
J’Accuse! Hasty Critics Blame Hollande As French Billionaire Seeks Belgian Citizenship
French billionaire Bernard Arnault is seeking Belgian citizenship just as France's Socialist President Hollande sets out to raise taxes on the wealthy, raising fears about a mass exodus of French investors and jobs creators.
Navy Seal Book About Bin Laden Raid Contains State Secrets, Surpasses ’50 Shades Of Grey’ As Best Seller
The Pentagon claimed ex-Navy SEAL Matt Bissonnette’s new book about the raid that killed Osama bin Laden , “No Easy Day,” contains “sensitive and classified” information, promising to take legal action against the author.
Bankrupt American Airlines Seeks OK For Big Lawyer Fees As It Seeks More Worker Pay Cuts
American Airlines' bankrupt parent AMR Corporation (PINK:AAMRQ), which is arguing in federal court it needs hundreds of millions of dollars in contract concessions from its employees in order to survive as a going concern, is planning to spend hundreds of thousands of dollars to entice a small group of hedge funds to invest in the company.
Yes, President Obama Has Worked In the Private Sector
Romney surrogates love to say Obama has less private sector experience than a kid running a lemonade stand. That is not true.
ZeekRewards Receiver Estimates 2 Million Victims; Probe's Like 'Drinking From a Firehose'
The receiver who was handed control of Paul Burks' company Rex Venture Group and ZeekRewards following its forced closure by the SEC told reporters that trying to following the money collected through hundreds of thousands of Zeek affliates has been like "drinking from a firehose."
ZeekRewards Facing Federal Class-Action Lawsuit
ZeekRewards, Rex Venture Group and its founder, accused in an alleged Ponzi scheme, now face a federal lawsuit brought by former "affiliates."
New US Work Visa Regulations To Hit Indian IT Companies Badly
The U.S. Department of Labor (DOL) is set to adapt a tougher visa regime that makes getting H-1B nonimmigrant visas harder for the U.S. companies. Once implemented, the DOL decision will hurt several companies that hire cheap and skilled workers from countries like India and China.
Travel Websites, Hotels Accused Of Price-Fixing
A lawsuit filed in San Francisco federal court Monday alleges that Marriott International, Hilton Hotels, Sheraton Hotels & Resorts and others conspired to use their market dominance to fix hotel prices with travel websites like Expedia, Travelocity and Booking.com, a subsidiary of Priceline.com.
The Obamas' First Kiss Gets Immortalized On A Plaque In Hyde Park
As political pundits are scrutinizing the campaign moves of President Barack Obama and Republican Mitt Romney ahead of the November Presidential poll, there's another report that is being hogged with equal intensity - immortalization of the Obamas' first kiss.
California Congressman Suddenly Resigns
Rep. Dennis Cardoza, D-Calif., said Tuesday he would resign immediately, a move he told a local newspaper was due to family concerns.
Laureate Penthouse Sells For $11.55 Million
A penthouse at the Laureate, a luxury condo building in Manhattan's Upper West Side, has sold for $11.55 million, according to city records filed Thursday.
Remember ‘Three’s Company’? The Anodyne Sitcom's Stage Parody Is Somehow At The Center Of A Battle Over Fair Use
On opening night, producers of "3C" received a cease-and-desist letter from Kenyon & Kenyon, the law firm representing DLT Entertainment, the distribution company for the popular 1977-1984 ABC sitcom "Three's Company." Charging that playwright David Adjmi had infringed on its copyright, DLT demanded that the playwright cease further performances.
Growing Spats Between Countries Leads To Need For More Cross-Border Lawyers
The number of fresh arbitration cases filed with the International Center for Settlement of Investment Disputes last year reached its highest level in four decades, the ICSID said in a report last week.
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Zynga Faces First Insider Trading Lawsuit In Wake Of Poor Second-Quarter Earnings Report
Following a poor earnings report last week and a steep drop in its share prices, social gaming giant Zynga is now facing an insider trading lawsuit on account of some suspicious financial activity by the company's top executives.
Shut Up And Pay: Secret Police Facility Costs Taxpayers $2 Million
It?s like George Orwell meets the Mad Hatter. A local government board in Arizona finds nothing wrong with charging taxpayers nearly $2 million for a new police facility -- and then refusing to disclose the building?s location.
Pre-Market Movers (Expedia, Barclays, Synacor, Amgen, Nokia, Starbucks, Facebook, Logitech, Newmont, Zynga)
Expedia Inc, Barclays Plc, Synacor, Amgen, Nokia Corp, Starbucks Corp, Facebook, Logitech International, Newmont Mining and Zynga Inc are among the companies whose shares are moving in the premarket trading Friday.
Law Firm Claims Zynga Officials Dumped Stock In April
A remora is a fish that sticks to the side of a shark. Inventor of FarmVille is the remora in this analogy.
Local Governments Seek Eminent Domain To Solve Mortgage Crisis, But Legality Is Contested
Some of local governments are turning to a new tool to fix the problem, known as underwater mortgages: seizing the loans through eminent domain and enacting principal reductions, a move that is attracting praise and controversy.
Dodd-Frank Rules Nearly 9,000 Pages, But It's Less Than One-Third Finished
A summary report released Thursday by the law firm David Polk and Wardell LLP graphically illustrates the mind-boggling complexity -- and high level of delay -- regulators have faced attempting to implement Dodd-Frank.
Patriot Coal Bankruptcy Highlights Disparity In Energy Sector
Patriot Coal Corp.'s (NYSE: PCX) bankruptcy filing this week highlighted the diminished demand for coal in the face of cheap natural gas, but experts don't expect the fossil fuel to go away entirely.
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