BP Deposits $3 Billion in Spill Fund
Headline Legal News | 2010/08/09 16:01

BP PLC said Monday that it has made an initial deposit of $3 billion into a $20 billion spill-recovery fund.

BP said it was making the deposit earlier than the originally scheduled Sept. 30 deadline to show its commitment to restoring the livelihoods of people affected by the worst offshore oil spill in history. The company said it would make an additional $2 billion deposit in the fourth quarter.

In June, BP agreed to set up the fund following a meeting between company Chairman Carl-Henric Svanberg and then-Chief Executive Tony Hayward with U.S. President Barack Obama and senior administration officials.

BP said the account would be administered by a newly established trust overseen by former U.S. District Judge John Martin and by Kent Syverud, dean of the Washington University School of Law. Citigroup Inc. will serve as corporate trustee.

"We are pleased that BP made an initial contribution and has taken an important step toward honoring its commitment to the President and the residents and business owners in the Gulf region," Associate Attorney General Tom Perrelli said in a statement. "We have made clear that the company still needs to ensure that the necessary funds will be available if something happens to the subsidiary that established the trust and we look forward to completion of an appropriate security arrangement in the near future."



Mo. man pleads guilty in 10-fatality Okla. wreck
Headline Legal News | 2010/08/03 16:03
A former Missouri truck driver charged in the deaths of 10 people in a northeast Oklahoma traffic collision has been sentenced to 30 days in jail and 10 years probation.

Ottawa County District Attorney Eddie Wyant said in a statement that 77-year-old Donald L. Creed of Willard, Mo., pleaded guilty Monday to 10 counts of misdemeanor negligent homicide.

An Oklahoma Highway Patrol report says it appeared the tractor-trailer Creed was driving June 26, 2009 didn't slow before it ran into traffic that had stopped for an earlier accident on Interstate 44.

Creed was driving for Kansas City, Kan.-based Associated Wholesale Grocers, but has since retired.

A message seeking comment was left for to Creed's attorney, Paul Brunton.



Murder conviction of mom reversed in California
Headline Legal News | 2010/08/03 16:02
An appeals court panel has reversed the murder conviction of a mother accused of driving her teenage son and his friends to a Southern California park where a 13-year-old rival gang member was stabbed to death.

The 2nd District Court of Appeal panel ruled 2-1 on Monday that jurors in the case of 33-year-old Eva Daley were given an "impermissibly ambiguous" jury instruction during the 2008 trial.

Associate Justice Laurie D. Zelon wrote that case records don't show the jury based its verdict on a legally valid theory, so the conviction should be reversed.

Daley had been convicted of second-degree murder for the 2007 death of Jose Cano.

Prosecutors argued that Daley wanted revenge because Cano allegedly stabbed her son six months earlier.



Judge delays injunction in Neb. immigration suits
Headline Legal News | 2010/07/29 10:21
A judge says she's not sure whether lawsuits filed to block a Nebraska city's ban on hiring and renting to illegal immigrants should be heard in federal or state court.

U.S. District Judge Laurie Smith Camp on Wednesday gave attorneys for the American Civil Liberties Union and the Mexican American Legal Defense & Educational Fund two weeks to submit briefs explaining why their suits belong in federal court.

The move delays any ruling about whether to block the city of Fremont's voter-approved ban.

But it still won't go into effect this week. The City Council has temporarily suspended the ordinance until the lawsuits are resolved.

Some in Fremont say the ordinance makes up for what they call lax federal law enforcement. Others argue it could fuel discrimination.



Goldman Allowed to Keep Issuing Securities
Headline Legal News | 2010/07/27 08:10

Goldman Sachs will remain qualified as an issuer of securities after settling civil fraud charges with the Securities and Exchange Commission this month, the agency ruled.

In a letter to Goldman’s legal counsel at the law firm Sullivan & Cromwell, the S.E.C. said that the settlement cleared a path for the firm to continue issuing securities under federal regulations.

As one of the world’s largest securities issuers, Goldman would have been placed into a tough spot if the S.E.C. had enjoined the firm from that business.
Under federal securities laws (and specifically Rule 405), the commission can deem a firm an “ineligible issuer” if within the past three years the brokerage had broken S.E.C. regulations.

Goldman’s settlement, announced almost two weeks ago, included the firm’s paying $550 million and admitting to mistakes in its marketing materials. What it didn’t do was require the firm to admit to  wrongdoing alleged by the S.E.C. regarding a mortgage-linked investment.



Court grants bail to jailed ex-media mogul Black
Headline Legal News | 2010/07/20 15:58

Conrad Black, the brash former newspaper magnate who lived extravagantly before his 2007 federal conviction for defrauding shareholders, may soon be released from a Florida prison after a federal appeals court granted him bail Monday.

The ruling from the 7th Circuit U.S. Court of Appeals came weeks after the U.S. Supreme Court kicked Black's fraud conviction back to a lower court.

Black, who renounced his Canadian citizenship to become a member of the British House of Lords, was convicted along with three other former executives from the media empire Hollinger International of swindling the company's shareholders out of $6.1 million. He was acquitted of nine other charges.

It was not immediately clear when Black, 65, would be released from the low-security prison in Coleman, Fla., where he has served more than two years of a 6 1/2-year sentence. The conditions of his release will be determined by U.S. District Court judge in Chicago, according to an order from the three-judge panel.

Last month, the Supreme Court weakened the "honest services" law that was central to Black's fraud conviction. The justices left it up to a lower court to decide whether the conviction should be overturned. That decision has not yet been made.



Self Representation Hurting Individual Cases, Courts, Say Judges
Headline Legal News | 2010/07/12 17:08

In a survey released today by the American Bar Association, judges indicated that a lack of representation in civil matters is hurting those individuals’ cases, and is negatively impacting courtrooms.

Approximately 1,000 state trial judges responded to the survey, which posed questions about their dockets, self-representation and the impact on the courts.  More than half of the judges stated that their dockets increased in 2009, with the most common areas of increase involving foreclosures, domestic relations, consumer issues such as debt, and non-foreclosure housing issues such as rental disputes. 

Sixty percent of judges said that fewer parties are being represented by lawyers, with 62 percent saying that parties are negatively impacted by not being represented.  The impact is exemplified, through a failure to present necessary evidence (94 percent), procedural errors (89 percent), ineffective witness examination (85 percent), failure to properly object to evidence (81 percent) and ineffective argument (77 percent).

The ABA has a resource page on its website that can help individuals find legal assistance — www.findlegalhelp.org.  

During a time when state budgets are constrained, agencies as well as courts are being asked to become more efficient.  However, the increase in non-represented parties makes this more difficult for courts.  The lack of representation has a negative impact on the court, said 78 percent of the judges, and 90 percent of judges stated that court procedures are slowed when parties are not represented.

Nearly half of the judges responding believe that there is a middle-class gap with respect to access to justice, stating that the number of people who are not represented and who do not qualify for aid has increased.

Lamm announced the findings during a news conference earlier today at the National Press Club in Washington, D.C. 

The survey of judges on the impact of the economic downturn on representation in the courts was conducted for the ABA Coalition for Justice.  Respondents came from around the country.



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