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U.S. Supreme Court Says Investors Can Sue Law Firms Connected with Stanford Ponzi Scheme under State Laws

In Chadbourne & Parke LLP v. Troice et al., the U.S. Supreme Court has held that investors in Stanford’s Ponzi…

Laura Godfrey Zagar Leaves Latham & Watkins to Join Perkins Coie

Perkins Coie announced continuing to expand its national environmental practice with Laura Godfrey Zagar joining the firm’s San Diego office.…

Senate Report Says Credit Suisse Helped Rich Americans Hide Billions from the IRS

A U.S. Senate subcommittee report due to be published on Wednesday alleges that Swiss bank Credit Suisse helped wealthy Americans…

Columbia Tops the NLJ List in Placing New Law Grads at Big Law Firms

The annual report for go-to law schools published by the National Law Journal saw Columbia Law School displacing the University…

Chicago Attorney Dan Reidy Picked to Lead Jones Day’s Business and Tort Litigation

Former federal prosecutor Dan Reidy, who was the Partner-in-Charge of Jones Day’s Chicago Office since 2008, has been picked to…

G-20 Pledges More Than $2 Trillion to the Global Economy

The G-20 group of nations, which includes the world’s largest developed and emerging economies, has pledged more than $2 trillion…

Holder Signs Final Rules Regarding Obtaining Information from Journalists

U.S. Attorney General Eric Holder signed the final new rules that lay down the guidelines for the U.S. Department of…

Colorado’s Projections on Revenue from Marijuana Proves Legalization Pays

Colorado’s budget proposal published on Wednesday estimated the state’s marijuana industry could reach $1 billion in sales with sales of…

In Tennessee, Smelling of Alcohol and Admitting to Drinking is Sufficient for Warrantless Arrest

The Tennessee Supreme Court made it clear in a ruling published on Friday that performance on field sobriety tests are…

Another Two Lawyers Leave Downey Brand to Start Their Own Law Firm

Sacramento’s largest law firm Downey Brand LLP has lost two experienced attorneys close on the heels of another group of…

U.S. Supports Measures to Close Tax Evasion Loopholes at G-20 Summit in Sydney

The United States is pushing measures to close tax evasion loopholes with global co-operation at the G-20 summit in Sydney,…

Facebook Buying WhatsApp for $16 Billion

Facebook announced on Wednesday that it is purchasing the instant messaging company WhatsApp for an estimated $16 billion. WhatsApp’s service…