Jaffe Legal News Service - Breaking NewsThe Jaffe Legal News Service (JLNS) is a free, weekly email tipsheet sent to reporters and editors who either cover the legal industry or who rely on legal experts as part of their reporting. It is a way for law firms to put their news and the expertise of their attorneys in front of more than 850 members of the media who have opted in to receive the feed and see it as a valuable source for story ideas and analysis of legal topics.JLNS BREAKING NEWS: Second Circuit to Consider Corporate Knowledge of Wrongdoing- (Found June 24, 2008 ) Second Circuit to Consider Whether a Corporation Can Intend to Commit Securities Fraud if its Employees Did NotFirst case involving the intersection of the securities laws and subprime loans has serious implications Can a corporation commit securities fraud even if its individual employees did not Thats the question the Second Circuit will consider next week as oral arguments take place in Teamsters Local 445 Freight Division Pension Fund vs. Dynex Capital Inc. The stakes are high, with...http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7174&Sec... JLNS BREAKING NEWS: Water Industry Leaders Launch Water Policy Institute to Address Current Challenges- (Found June 24, 2008 ) Water Industry Leaders Launch Water Policy Institute to Address Current ChallengesChristine Todd Whitman to serve as chair; Hunton & Williams lawyer as directorWASHINGTON A consortium of water leaders today announced the formation of The Water Policy Institute. Chaired by former EPA Administrator and New Jersey Governor Christine Todd Whitman, the Institute will address water-related issues and provide information to the public through its website. Kathy Robb, a partner in the Resources,...http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7895&Sec... JLNS BREAKING NEWS: Jury Awards Grantley $66 Million in Patent Infringement Suit Against Clear Channel Communications- (Found June 24, 2008 ) Jury Awards Grantley $66 Million in Patent Infringement Suit AgainstClear Channel Communications MINNEAPOLIS (April 2008) - A jury in the United States District Court, Eastern District of Texas, Lufkin Division., has awarded $66,029,750 to Grantley Patent Holdings, Ltd. in a patent infringement trial. On April 22, the jury found that Clear Channel Communications, Inc. infringed Grantley's intellectual property regarding integrated inventory management systems for multiple radio stations. ...http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7696&Sec... JLNS BREAKING NEWS: President Bush Announces Emissions Plan- (Found June 24, 2008 ) President Bush Announces Emissions PlanSets National Goal to Halt Growth in U.S. Greenhouse Gas Emissions by 2025In a Rose Garden speech April 16, President George W. Bush for the first time called for stopping the growth of U.S. greenhouse gas (GHG) emissions no later than 2025. The new 2025 goal continues the Administrations long-term strategy of slowing, stopping, then reversing the U.S. emission of GHGs, and represents the next step from the Presidents 2002 announced goal to reduce...http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7695&Sec... JLNS BREAKING NEWS: Federal Judge Issues Landmark Ruling in Arms Export Control Act Case- (Found June 24, 2008 ) Federal Judge Issues Landmark Ruling in Arms Export Control Act CaseAxion Wins Unprecedented Decision in Battle with U.S. Department of Justice BIRMINGHAM, AL - In a precedent-setting legal ruling against the U.S. Department of Justice, an Alabama defense contractor who was acquitted of violating the Arms Export Control Act (AECA) and other charges in a six count indictment following a seven day trial in 2007 will now be awarded legal expenses incurred while defending his federal prosecution. .http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7599&Sec... JLNS BREAKING NEWS: U.S. Supreme Court Decision Limits Appeals in Arbitration- (Found June 24, 2008 ) U.S. Supreme Court Decision Limits Appeals in ArbitrationRuling denies an expanded review of arbitration awards by the courts A 6-3 decision by the U.S. Supreme Court today limits the role of federal courts in reviewing arbitration awards. The Supreme Court examined Hall Street, Associates, L.L.C. v. Mattel, Inc. to determine whether to expand the circumstances in which appeals of arbitration rulings would be allowed. The Federal Arbitration Act dictates that arbitration awards can only be...http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7511&Sec... JLNS BREAKING NEWS: Parents of Madeleine McCann Awarded Unprecedented Libel Settlement- (Found June 24, 2008 ) Parents of Madeleine McCann Awarded Unprecedented Settlement in Libel Case UK newspapers apologize for utter falsity of dozens of stories following girls disappearance The Express newspaper group in the UK will pay a reported 550,000 (USD $1,089,568.97) in damages to the Find Madeline Fund in the settlement of a libel case (taken by the parents of Madeline McCann) over reports of the girls disappearance. They will also have to pay the McCanns' legal costs, which will be substantial. The...http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7467&Sec... Potter Anderson & Corroon Launches First-of-its-Kind Software- (Found June 24, 2008 ) Potter Anderson & Corroon Launches First-of-its-Kind Software Free mobile access to Delaware statutes on BlackBerry(R) smartphones Lawyers and businesspeople can now access the full text of Delaware corporate and business statutes directly from their BlackBerry smartphones. Delaware law firm Potter Anderson & Corroon LLP just launched eDelaware (TM), a free mobile, wireless service that provides instant access to the full text of key Delaware statutes, along with case law summaries, through..http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7269&Sec... JLNS BREAKING NEWS: Judge Awards Trebled Damages of $64,980,095 to Blue Cross Blue Shield Health Plans and Federated Insurance in Mylan Antitrust Suit- (Found June 24, 2008 ) Judge Awards Trebled Damages of $64,980,095 to Blue Cross Blue Shield Health Plans and Federated Insurance in Mylan Antitrust SuitMinneapolis, MN (January 2008) The U.S. District Court for the District of Columbia has ruled on pending motions in favor of plaintiffs Blue Cross Blue Shield of Massachusetts, Blue Cross Blue Shield of Minnesota, Federated Mutual Insurance Company, and Health Care Service Corporation in their antitrust suit against Mylan Laboratories, and awarded trebled damages...http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=7175&Sec... JLNS BREAKING NEWS: DE Supreme Court Rules on Fiduciary Duties to Creditors- (Found June 24, 2008 ) DE Supreme Court Rules on Fiduciary Duties to CreditorsLong-awaited guidance clears uncertainty for corporate directors The Delaware Supreme Court released its first decision Friday addressing fiduciary duties within the zone of insolvency. In North American Catholic Educational Programming Foundation, Inc. (NACEPF) vs. Gheewalla, the Court ruled that creditors of a Delaware corporation that is either insolvent or in the zone of insolvency have no right to assert direct claims for breach of...http://www.jlns.com/index.cfm?fuseaction=Home.ShowArticleDetail&ArticleID=5871&Sec... |
