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NJ Supreme Court Justice limits protest
Headline News |
2011/01/13 08:56
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| pA New Jersey Supreme Court justice who refused to participate in all decisions while a temporary judge is assigned to the bench has tempered his protest./ppJustice Roberto Rivera-Soto said in an opinion published Wednesday that he will issue decisions in cases in which Judge Edwin Stern participates, so long as the judge's vote doesn't affect the outcome./ppRivera-Soto said he'll continue to defer a decision to vote in cases where Stern's position changes the outcome./ppRivera-Soto maintains it's unconstitutional to have a temporary justice on the court when a quorum of five is present. Chief Justice Stuart Rabner appointed Stern to fill a vacancy that occurred when Gov. Chris Christie did not reappoint Justice John Wallace in May, leaving the seven-member court one member short./ppDemocrats who control the state Senate have refused to consider Christie's choice to replace Wallace, corporate lawyer Anne Patterson./ppRivera-Soto recently announced his plans to step down rather than seek renomination when his term expires in September. It was doubtful that the justice, who was reprimanded by the court in 2007 for intervening in a conflict between his son and another student at Haddonfield Memorial High School, would have been renominated./ppSenate President Stephen Sweeney, who has been among Rivera-Soto's harshest critics, said Wednesday that the justice is unfit to serve./p |
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Judge approves $179M settlement for AK Steel retirees
Court Watch |
2011/01/12 08:35
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pU.S. District Judge Timothy Black has approved a previously disclosed $179 million settlement and entered a final judgment in a dispute between AK Steel and retirees at its Butler, Pa., steel plant./ppThe AK Steel retirees had filed a class-action lawsuit in June 2009 to stop the company from making changes to their health insurance benefits. It had started making retirees pay a portion of their premiums in January 2010./ppWest Chester-based AK Steel is the largest Dayton-area company, with more than $4 billion in revenue./ppUnder the terms of the settlement, AK Steel will continue to pay for the benefits through 2014 and also pay $91 million to two trusts to cover future benefits for hourly and salaries retirees./ppIn return, the company has been relieved of liability for any benefits after 2014, and the lawsuit was dismissed.
/p |
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Former Attorney General Cox will join Dykema Gossett
Lawyer News |
2011/01/12 08:35
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| pFormer Michigan Attorney General Mike Cox will join Detroit-based Dykema Gossett PLLC as a senior attorney in its litigation department, the law firm CEO confirmed today./ppCox, 49, who ended eight years as the state's chief law enforcement officer on Jan. 1, starts next Monday at Dykema's Detroit office. He will practice in health care fraud, white-collar criminal law and federal and state regulatory compliance, said Dykema Chairman and CEO Rex Schlaybaugh./ppSchlaybaugh said the firm leadership had talked with Cox for more than a month about his options upon leaving office. The attorney general seemed a good fit because of his involvement in health care transactions and the federal Patient Protection and Affordable Care Act, enacted last year./ppMike is someone with a great deal of experience with the complexities of implementing that law and a great interest in it, which will be very important to some of our strategic clients, Schlaybaugh said./ppMany federal and state government agencies are also involved in aspects of these laws, and navigating that will be a high-demand area. In that way, I think he dovetails with our firm's needs very nicely./ppCox's health care practice will focus on client responses to increased compliance and tougher anti-fraud policies stemming from the Affordable Care Act, violations of the federal Stark Law or False Claims Act and responses to inquiries from the Office of the Health Services inspector general./p |
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SEC charges 4 with insider trading
Law Center |
2011/01/12 03:35
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| pFederal regulators on Monday charged the co-founder of a New York hedge fund and three other individuals with insider trading, the latest action in what the government has called the biggest insider-trading case in U.S. history./ppThe Securities and Exchange Commission announced it filed a civil lawsuit against hedge fund Trivium Capital Management, its co-founder Robert Feinblatt and analyst Jeffrey Yokuty. The SEC also filed charges against Sunil Bhalla, a former senior executive of tech company Polycom, and Shammara Hussain, a former employee at a consulting firm that did work for Google. The agency said Bhalla and Hussain provided confidential information that enabled Feinblatt and Yokuty to make about $15 million from trading on the information./ppSo far the SEC has filed civil charges against 27 people and hedge funds in a wide-ranging probe of the Galleon group of hedge funds and its founder. The government says Galleon funds made about $69 million in illegal profits. Raj Rajaratnam, the one-time billionaire founder of the Galleon funds, has pleaded not guilty. Federal authorities have arrested 23 people on criminal charges in the case; 14 have pleaded guilty./ppThe SEC alleged in its suit that Feinblatt and Yokuty traded using confidential information they received from Roomy Khan, a Florida investor who pleaded guilty in 2009 to conspiracy and securities fraud in the Galleon case. Khan has been cooperating in the government's investigation./p |
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Artur Davis joins international law firm
Lawyer News |
2011/01/04 09:18
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| Former U.S. Representative Artur Davis has been announced as a new lateral partner at an international law firm. On Monday, Davis joined the ranks of law firm SNR Denton, a legal practice working in 32 different countries. p orgfontsize=12pxDavis left politics behind after leaving his position as the congressman for the 7sup orgfontsize=7pxth/sup Congressional District for a bid for the Alabama governor's office. He was defeated in the Democratic primary by Ron Sparks./pp orgfontsize=12pxAfter the defeat, Davis told the media he was done with politics and would return to practicing law./pp orgfontsize=12pxDavis will join SNR Denton's White Collar and Government Investigation teams./p |
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Calif. high court refuses appeal of no-burn rule
Law Center |
2011/01/04 09:17
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| The state's highest court has refused to hear an appeal of a San Francisco Bay area air pollution regulation that bans burning Duraflame logs and other fuels on bad air nights. pThe California Supreme Court's refusal affirms a Bay Area Air Quality Management District limit on burning wood, fire logs or wood pellets on nights when air quality is expected to exceed public health standards. pThe appeal was brought by Duraflame Inc., which argued that its logs burn cleaner than other fuel types and should be exempt from the ban. pDuraflame appealed to California's high court after losses in both Alameda County Superior Court and a state appeals court. /p |
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