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Eminent Domain Week Continues: On New Ulm and Wind Space
When we said on Thursday that it was eminent domain week, we really weren’t kidding. The latest tale we’ll present (and barring unforeseen developments, the last we’ll present for the week), comes to us courtesy of Andrew Breitbart’s Big Government blog . (Hat tip: ...
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Is Akin Gump’s Tom Goldstein Television’s Next Big Thing?
Akin Gump’s Tom Goldstein is one of the nation’s leading Supreme Court practitioners. He oversees the fantabulous Scotusblog. And he’s got this amazing DIY backstory that’s totally uncharacteristic for successful lawyers. (He also happens to be a helluva nice guy.) But ...
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Florida Hedge Funder the Big Loser in Rothstein Scheme
By now, we know quite a bit about how Fort Lauderdale attorney and alleged Ponzi schemer Scott Rothstein spent his money. The picture has, to date, been less clear, however, in regard to how he brought in the money he ultimately spent. But a big part of the mystery became clearer when we read ...
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Florida Judge to Give ‘Girls Gone Wild’ Suit Closer Look
Sometime, we’d imagine, being a trial-court judge gets a little tedious and tiresome. All those motions to exclude and dismiss; boxes of evidence and F.3ds; everyone kissing up to you all the time. But at other times, the job can be a bit more, well, interesting . Take, for instance, ...
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Prop. 8 Supporters Get Boost From Three Clinton Appointees
The big David Boies/Ted Olson-lawyered suit challenging California’s Proposition 8 had controversy and a bit of strangeness written on it from the word go. Aside from the naturally high-profile nature of the suit — the constitutionality of same-sex marriage — the case had ...
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In Re the Raj Investigation, Did the Feds Pull a Madoff?
It’s now a near legendary tale: SEC lawyers, prompted by calls by do-gooder Harry Markopolous, looked into Bernie Madoff years ago, but failed to nab him. A similar story has now surfaced in regard to hedge-fund mogul Raj Rajaratnam, who was charged with insider-trading related ...
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In Re Rajaratnam, Did the Feds Pull a Madoff?
It’s now a near legendary tale: SEC lawyers, prompted by calls by do-gooder Harry Markopolous, looked into Bernie Madoff years ago, but failed to nab him. A similar story has now surfaced in regard to hedge-fund mogul Raj Rajaratnam, who was charged with insider-trading related ...
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‘Chooch’ and Wrong: A Biggie Falls in NY Pension Fund Probe
Standing alone, the phrases “pension fund” and “pay-to-play” may make one’s eyes glaze over. But spice it up with tales of trips to the King David Hotel in Jerusalem and a movie called “Chooch,” and all of a sudden you’re sitting right up. The ...
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Eminent Domain Month Continues: Kelo No Help For Columbia’s Plans
The last few weeks have been hot and heavy on the Eminent Domain front. We had news about the fallout from the Supreme Court’s 2005 Kelo decision; a big ruling for private developers in the Brooklyn Atlantic Yards case; and arguments at the U.S. Supreme Court over whether Florida’s ...
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Our Ponzi Nation: Is Florida the Capital?
Arthur Nadel ran his operation out of Sarasota. Scott Rothstein ’s law firm was HQed in Fort Lauderdale. Bernie Madoff raised gazillions from wealthy folks in and around Palm Beach. Allen Stanford brought in a lot of money funneled through Miami. Orlando boy-band promoter Lou Pearlman ...
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2010’s Battle Royale: Clients v. Firms
Once upon a time, he dynamic between firms and clients on billing rates went like this: Each year, the firms would announce an across the board billing hike of about 5%. The clients — aka, the Fortune 1000 companies — would grumble and, then, begrudgingly agree to pay. Over the ...
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On Comcast-NBC: Whither Jack Donaghy? And Who Were the Lawyers?
It was the worst kept secret in the history of dealmaking, but on Thursday it became official: Comcast agreed to take majority ownership of NBC Universal from General Electric in a deal that values NBC at $30 billion. Click here for the WSJ story; here for the NYT story. Paving the way for ...
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Trial Begins For Man Who Said: ‘These Judges Deserve to be Killed’
“Let me be the first to say this plainly: These judges deserve to be killed. Their blood will replenish the tree of liberty. A small price to pay to assure freedom for millions.” “These judges deserve to be made such an example of as to send a message to the entire judiciary: Obey the ...
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‘Fear of Falling’: How the U.S. News Rankings Have Changed Law School
It’s something we all sorta know — that the law school establishment lives, sleeps, breathes and eats for the U.S. News & World report’s annual rankings. Still, it’s a bit chilling to open an article and read these words: [T]he U.S. News & World ...
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No Trust: Asbestos Payout System Comes Under Fire
Once upon a time, asbestos was practically everywhere. Because the material (pictured) causes devastating forms of cancer and lung disease, huge product-liability litigation sprung up. That led to huge settlements, which led to the establishment of huge trusts, created to assure payment to ...
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A Stevens-less Court Talks Beach Parties, Erosion and Judicial Takings
The Fifth Amendment to the Constitution says that “private property [shall not] be taken for public use, without just compensation.” Those handful of words constitute the so-called “Takings Clause,” about which there has been much heated litigation throughout the years. ...
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Petters Found Guilty on All 20 Charges
Petters Found Guilty on All 20 Charges
blogs.wsj.com — It took them a while, but when jurors in the Tom Petters case spoke, they spoke clearly.... Wednesday afternoon, they returned their verdict, finding Minnesota businessman Tom Petters guilty on all 20 counts in a $3.5 billion fraud scheme. According to this AP story , Petters sat glumly as the ... (more) Petters Found Guilty on All 20 Charges
Jesus Christ (That’s Right, Jesus Christ) Dismissed From Jury Pool
Jesus Christ showed up for jury duty, but didn’t make the grade. We only wish we were kidding. According to this AP story , court officials say a Birmingham, Ala., woman who changed her name to Jesus Christ didn’t live up to it when she reported for jury duty this week. The ...
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To All ‘John Does’ Who Invested in Stanford: The Taxman Cometh
We wouldn’t be surprised if, down at the DOJ’s Tax Division, they’re feeling pretty good about things these days. After all, they’ve managed to get some 14,000 UBS investors to step forward and open up the details of their foreign bank accounts. Now, it turns out, the ...
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Palestinian Deemed Terrorist in ‘Bruno’ Sues NBC, Baron Cohen
We’ll have to admit that before the movie “ Brüno ” premiered earlier this year, we watched and chuckled as its star, British comedian Sacha Baron Cohen, promoted the film on David Letterman’s late-night show. In what quickly became a viral clip on the Web (click here to ...
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