Law and Taxation News
Articles 21 - 30 of most recent articles
$10 Million Verdict Upheld Against PricewaterhouseCoopers
Georgia's Court of Appeals has upheld a $10 million jury verdict against PricewaterhouseCoopers on behalf of four family trusts. In 2007, a jury found the Big Four accounting firm liable for negligent misrepresentation in a series of financial audits of a nursing home conglomerate. Two brothers associated with the trusts claimed that PwC had engaged in fraud that cost them more than $126 million in stock losses.
Law.com – 14 hours, 44 minutes ago ¦ comment?
Georgia's Court of Appeals has upheld a $10 million jury verdict against PricewaterhouseCoopers on behalf of four family trusts. In 2007, a jury found the Big Four accounting firm liable for negligent misrepresentation in a series of financial audits of a nursing home conglomerate. Two brothers associated with the trusts claimed that PwC had engaged in fraud that cost them more than $126 million in stock losses.
Law.com – 14 hours, 44 minutes ago ¦ comment?
Five Tapped for Federal Bench Openings in Pennsylvania
The Eastern District of Pennsylvania federal bench will soon be welcoming four new judges and bidding farewell to one judge who will be elevated to the 3rd Circuit if the Senate confirms a package of judicial nominations announced late Thursday. U.S. District Judge Paul S. Diamond was nominated to fill one of two vacancies on the 3rd Circuit and, if confirmed, would leave the Eastern District with four vacancies. Sources said the package of nominees has a good chance of winning confirmation.
Law.com – 14 hours, 44 minutes ago ¦ comment?
The Eastern District of Pennsylvania federal bench will soon be welcoming four new judges and bidding farewell to one judge who will be elevated to the 3rd Circuit if the Senate confirms a package of judicial nominations announced late Thursday. U.S. District Judge Paul S. Diamond was nominated to fill one of two vacancies on the 3rd Circuit and, if confirmed, would leave the Eastern District with four vacancies. Sources said the package of nominees has a good chance of winning confirmation.
Law.com – 14 hours, 44 minutes ago ¦ comment?
Allen & Overy Continues Reign at Top of Global Projects Rankings
Read full story for latest details.
Law.com – 14 hours, 44 minutes ago ¦ comment?
Read full story for latest details.
Law.com – 14 hours, 44 minutes ago ¦ comment?
Imperial Executive to Testify at Hearing
An Imperial Sugar executive is expected to testify during a Senate subcommittee hearing that he warned the company about dangerous conditions at a Georgia refinery, which was destroyed in a blast that killed 13 people.
Wall Street Journal – 14 hours, 50 minutes ago ¦ comment?
An Imperial Sugar executive is expected to testify during a Senate subcommittee hearing that he warned the company about dangerous conditions at a Georgia refinery, which was destroyed in a blast that killed 13 people.
Wall Street Journal – 14 hours, 50 minutes ago ¦ comment?
Wrong-Way Oil Bets Slam SemGroup
Some analysts and creditors suspect SemGroup, which has lost more than $2.4 billion on energy contracts, may have been making speculative trades not directly tied to its core business given the size of its losses. Meanwhile, the SEC is conducting an inquiry into affiliate SemGroup Energy.
Wall Street Journal – 16 hours, 2 minutes ago ¦ comment?
Some analysts and creditors suspect SemGroup, which has lost more than $2.4 billion on energy contracts, may have been making speculative trades not directly tied to its core business given the size of its losses. Meanwhile, the SEC is conducting an inquiry into affiliate SemGroup Energy.
Wall Street Journal – 16 hours, 2 minutes ago ¦ comment?
The Evolution of Law Firm Lunch
Recently, while enjoying a five-minute lunch break of chips and a beef stick at his desk, humor columnist The Snark heard the joyful laughter of a group of summer associates and their mentors heading off for an afternoon of lunching. Was he jealous of their frivolity? Nope, The Snark accepts that the days of daily group lunches are a distant memory. An associate's place in the lunch cycle can be articulated by a simple analysis of five factors at any one stage of a big-firm career, The Snark explains.
Law.com – 16 hours, 44 minutes ago ¦ comment?
Recently, while enjoying a five-minute lunch break of chips and a beef stick at his desk, humor columnist The Snark heard the joyful laughter of a group of summer associates and their mentors heading off for an afternoon of lunching. Was he jealous of their frivolity? Nope, The Snark accepts that the days of daily group lunches are a distant memory. An associate's place in the lunch cycle can be articulated by a simple analysis of five factors at any one stage of a big-firm career, The Snark explains.
Law.com – 16 hours, 44 minutes ago ¦ comment?
Ultraportable Laptops: For Your Briefcase?
Ultraportable laptops may travel easily, but they often sacrifice key features, such as optical drives or keyboard size, necessary for long stretches of work. Alan Cohen reviews the latest models, which, despite some hits and misses, still offer advantages to the mobile lawyer.
Law.com – 16 hours, 44 minutes ago ¦ comment?
Ultraportable laptops may travel easily, but they often sacrifice key features, such as optical drives or keyboard size, necessary for long stretches of work. Alan Cohen reviews the latest models, which, despite some hits and misses, still offer advantages to the mobile lawyer.
Law.com – 16 hours, 44 minutes ago ¦ comment?
In-House Counsel Given Wider Latitude in New Jersey
In-house counsel with limited licenses to practice in New Jersey will be able to represent officers, employees and directors under rule changes adopted Tuesday by the state Supreme Court. But the court deferred action on more sweeping proposals toward deregulating the practice of law by out-of-state attorneys. Retired Justice Stewart Pollock, chair of the rules committee, says that given the importance of the cross-border lawyering issues it's understandable the court wouldn't want to rush to a conclusion.
Law.com – 16 hours, 44 minutes ago ¦ comment?
In-house counsel with limited licenses to practice in New Jersey will be able to represent officers, employees and directors under rule changes adopted Tuesday by the state Supreme Court. But the court deferred action on more sweeping proposals toward deregulating the practice of law by out-of-state attorneys. Retired Justice Stewart Pollock, chair of the rules committee, says that given the importance of the cross-border lawyering issues it's understandable the court wouldn't want to rush to a conclusion.
Law.com – 16 hours, 44 minutes ago ¦ comment?
Hawaii’s Fix for the Crime Problem: Flash Incarceration
Hawaii has developed an innovative probation program that seems to be significantly more effective than the standard approach in scaring offenders straight. Dubbed "flash incarceration," it focuses on immediate, short-term punishment--in the form of a brief jail term--for virtually any probation violation. Once offenders begin following the rules regularly, supervisors…
ABA Journal – 17 hours, 43 minutes ago ¦ comment?
Hawaii has developed an innovative probation program that seems to be significantly more effective than the standard approach in scaring offenders straight. Dubbed "flash incarceration," it focuses on immediate, short-term punishment--in the form of a brief jail term--for virtually any probation violation. Once offenders begin following the rules regularly, supervisors…
ABA Journal – 17 hours, 43 minutes ago ¦ comment?
Fountains & Mermaids, OK--But Not a Fire-Spitting Dragon
The neighbors had been more or less tolerating 100 or so bronze fountains, mermaids and other figures, centered around a 12-foot Neptune, in Gerald and John Hubbs' 50-foot-wide all-concrete front yard for several years. But when the eccentric pair allegedly celebrated the Fourth of July by firing off two ceremonial…
ABA Journal – 17 hours, 43 minutes ago ¦ comment?
The neighbors had been more or less tolerating 100 or so bronze fountains, mermaids and other figures, centered around a 12-foot Neptune, in Gerald and John Hubbs' 50-foot-wide all-concrete front yard for several years. But when the eccentric pair allegedly celebrated the Fourth of July by firing off two ceremonial…
ABA Journal – 17 hours, 43 minutes ago ¦ comment?
