Sharing risk produces this stuff.
An article in the NYT today leads with this:
Lawyers are having trouble defending the most basic yardstick of the legal business — the billable hour.
Clients have complained for years that the practice of billing for each hour worked can encourage law firms to prolong a client’s problem
An undersea high-voltage cable. Note the coral.
Reuters quotes a statement from the U.S. Department of Justice that the Antitrust Division has started taking a look at "the possibility of anti-competitive practices in the submarine and underground cable industry."
On Monday, the Competition Bureau of the European Commission said in a press release:
The European
The Monkey and the Cat tells about a clever monkey that got a cat to burn its paw fetching chestnuts from a fire.
The Third Circuit today upheld a bankruptcy court's judgment ordering Lucent Technologies to return $188.2 million to Winstar Communications, which filed for bankruptcy protection on April 18, 2001.
The decision pivoted on
Listen up, all you dieters out there. Losing weight always, always, always means burning more calories than go down your alimentary canal. One jumbo doughnut costs 633 of the buggers. A person who weighs 150 pounds would have to run at five miles per hour for more than an hour just to get back to even!
Happy Woodchuck (a/k/a Groundhog) Day!
You don't often see defendants wanting to talk about "wealth" in a jury trial. But, in a patent infringement case that the Federal Circuit decided today, the defendants did just that. Kinetic Concepts, Inc. v. Blue Sky Medical Group, Inc., No. 07-1430 (Fed. Cir. Feb. 2, 2009).
The lawsuit concerned
As all the world knows, the Private Securities Litigation Reform Act — which President Bill Clinton vetoed but which Congress passed anyway — toughened the pleading requirements for securities fraud claims.
The Supreme Court, in Tellabs, Inc. v. Makor & Rights, Ltd., 127 S. Ct. 2499 (2007), recognized the enhancement of difficulty by holding
John Yoo wrote memos that purported to legalize aggressive interrogation techniques in the service of national security and the war on terror.
Today the WSJ published a piece in which Mr. Yoo opined that "Obama Made a Rash Decision on Gitmo" – referring to President Barack Obama's executive order directing closure of part of the U.S.
State Senator Christine Radogno (R-Ill.)
He gives a good speech. He’s a performer. He’s very good at that. Perhaps he can get a job in the arts.
Illinois State Senator Christine Radogno, Jan. 29, 2009, referring in a NYT interview to Governor Rod Blagojevich's closing statement before the Illinois Senate a few hours before his
The Flying Spaghetti Monster.
Blawgletter has remarked on how so dadburn much litigation flows from arbitration. We've even called the phenomenon arbitragation. Today we find ourselves drowning in it again.
Let's start with the Ninth Circuit case. Improv West alleged in an arbitration that Comedy Club and Al Copeland Investments lost their exclusive license to use
Blawgletter learned today that the U.S. government may go to court to "arrest" money on deposit in an overseas bank and seek forfeiture of the funds on the ground that they resulted from conduct that violated federal criminal law. We also discovered, thanks to the D.C. Circuit, that a third party claimant may contest forfeiture by arguing