WaMu shareholders get their voice in bankruptcy
Legal Topics | 2010/01/31 02:23

Shareholders of Washington Mutual Inc will have a voice in the company's bankruptcy after a judge refused on Thursday to disband their committee, which Washington Mutual said would complicate the case.

The U.S. Trustee, who plays an oversight role in bankruptcy, appointed the committee earlier this month after being petitioned by 3,500 shareholders. The company immediately asked the court to disband it.

The committee will be able to speak with a unified voice and hire professionals, who would be paid by the company.

Washington Mutual has said since it filed for bankruptcy in 2008 that it is hopelessly insolvent, and therefore there is no need for an official committees of shareholders.



Samsung to pay Rambus $700 million in settlement
Headline Legal News | 2010/01/20 18:01

Samsung Electronics will pay Rambus Inc. $700 million over five years, and invest another $200 million in the chip design company as part of a settlement ending their legal disputes, the two companies said Tuesday.

Samsung will make an upfront payment of $200 million, and a quarterly payment of about $25 million for the next five years as part of the agreement, the companies said. Samsung also will invest $200 million in Rambus stock.

Under the agreement, Samsung also will license Rambus' patent portfolio "covering all Samsung semiconductor products, including a perpetual fully-paid license to certain DRAM products," the companies said in a release.



Woman with .708 blood-alcohol level pleads guilty
Areas of Focus | 2010/01/20 18:01

A South Dakota woman who prosecutors say had a blood-alcohol level almost nine times the legal driving limit has pleaded guilty to two drunken driving charges. Authorities said 45-year-old Marguerite Engle was arrested Dec. 1 when she was found passed out behind the wheel of a stolen delivery van along Interstate 90, with a blood alcohol level at 0.708. The legal limit in South Dakota is 0.08. Officials have said Engle's blood alcohol level likely is a record for the state.

She was arrested again in late December, with a blood alcohol level more than 3 1/2 times the legal limit.

Engle faces up to two years in jail when she is sentenced on Feb. 23. In exchange for her guilty pleas, prosecutors have agreed not to pursue other charges, including receiving stolen property and drug possession.



Former FTC Chairwoman Named Top P&G Legal Officer
Court Watch | 2010/01/20 13:58

A former Federal Trade Commission chairwoman will become the chief legal officer at Procter & Gamble Co.

The consumer products maker says Deborah Platt Majoras, who joined P&G two years ago, will succeed Steven Jemison on Feb. 1.

P&G says the 58-year-old Jemison will retire Sept. 30 after 29 years at the company.

The 46-year-old Majoras has been with the Cincinnati company for two years and moves up from senior vice president and general counsel.

During Majoras' 2004-2008 tenure at the FTC, the agency approved P&G's $57 billion 2005 acquisition of Gillette provided the companies sold some overlapping products.

P&G's chief legal officer handles litigation including patent and trade issues, regulatory compliance, and labor law.



NM Supreme Court orders arrest records expunged
Legal Topics | 2010/01/06 20:46

The New Mexico Supreme Court has unanimously ordered arrest records expunged for 32 people who were jailed overnight because a state judge said they were screaming during a hearing for a convicted rapist.

Chief Justice Edward Chavez said Tuesday that the court will publish a formal opinion on the case of state District Judge Sam Sanchez, stressing that judges should know it's important to distinguish between crowd control and contempt proceedings.

Sanchez, a judge of 11 years, had ordered the Nov. 19 mass jailing after he said the court gallery became unruly when he refused to reconsider a convicted rapist's 12-year prison sentence. The spectators were in support of a reduced sentence.

Those found in contempt of court spent a night behind bars before the state Supreme Court granted an emergency writ to release them pending a Nov. 23 hearing. Sanchez dismissed the charges at that hearing.

Sanchez apologized to the justices but said he had to control people in the gallery that he claimed were "yelling and screaming" at him and the rape victim.



Appellate court overturns Kickapoo conviction
Headline Legal News | 2010/01/06 18:46

A federal appellate court has overturned the conviction of a former tribal casino manager and his family for allegedly stealing from a tribal casino near the Texas-Mexico border.

The 5th Circuit Court of Appeals in New Orleans overturned the embezzlement convictions of Isidro Garza Jr., his wife and one of his sons. The trio had been among so-called the "Kickapoo Seven" — a group of tribal and casino employees from the Kickapoo Traditional Tribe of Texas accused of stealing from the tribe's small casino near Eagle Pass.

The appellate court overturned the convictions because it said that U.S. District Judge Alia Ludlum erred in transferring the case to Waco, about 300 miles from where the defendants, attorneys and witnesses lived.



UW Madison's patenting arm wins lawsuit
Legal Business | 2010/01/05 20:47

The University of Wisconsin-Madison's patenting arm has won an appeal in federal court against Canadian drug company Xenon.

The 7th Circuit Court of Appeals ruled Tuesday in favor of the Wisconsin Alumni Research Foundation.

The lawsuit dealt with how Xenon handled patent rights to an enzyme that can lower cholesterol levels in the human body.

The appeals court said a lower court correctly ruled in favor of WARF on its claim that Xenon broke its contract for a licensing agreement.

WARF licensed the technology to Xenon in 2001, which then entered into a partnership with Novartis to further develop the discoveries made by the university researchers.

The appeals court says Xenon breached its contract with WARF by not paying its share of sublicense fees.



[PREV] [1] ..[251][252][253][254][255][256][257][258][259].. [304] [NEXT]
All
Headline Legal News
Legal Topics
Legal Business
Attorney News
Court News
Court Watch
Areas of Focus
Legal Interview
Opinions
EU court adviser: Britain could c..
High court seems to lean against ..
Sri Lanka court orders prime mini..
Dutch court rejects man’s reques..
Indicted US lawmaker to return to..
Supreme Court sends bar fees case..
Court could deal blow to porn sta..
China court reduces sentence of A..
Lump of coal? Taxes more likely f..
Government asks high court to hea..
Russian court challenges Internat..
No holiday respite for Trump's cr..
Court: Reds exempt from tax on pr..
Immigration detainees denied day ..
New black officers, court officia..
Lawyer for WikiLeaks’ Assange sa..
Mexico's high court tosses law on..
Court fight likely in 10-year-old..
'Magic' campaign lands 17 black w..
Ginsburg, 85, hospitalized after ..




Santa Ana Workers' Compensation Lawyers
www.gentryashtonlaw.com
Chicago Truck Drivers Lawyer
Chicago Workers' Comp Attorneys
www.krol-law.com
New Rochelle Accidents Attorneys
New Rochelle Personal Injury
www.kboattorneys.com
Indianapolis, IN Personal Injury Law Firm
Indian Personal Injury Attorneys
www.rwp-law.com
Downtown Manhattan Business Law Attorneys
Breach of Contract Lawyers
www.woodslaw.com
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
Chicago Business Law Attorney
Corporate Litigation Attorneys
www.rothlawgroup.com
Surry County Criminal Defense Lawyers
Yadkin County Family Law Attorneys
www.dirussolaw.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
Law Firm Web Design Templates
Lawyer Website Templates
www.webpromo.com
   Legal Resource
Headline Legal News for You to Reach America's Best Legal Professionals. The latest legal news and information - Law Firm, Lawyer and Legal Professional news in the Media.
 
 
 
Copyright © ClickTheLaw.com. All Rights Reserved. Legal Marketing Blog. The content contained on the web site has been prepared by Click The Law. as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. By using the www.clickthelaw.com you agree to be bound by these Terms & Conditions.

Law Firm Web Design by Lawyer Website Design - Lawyer Web Site Design That Works