Judge Orders Wells Fargo to Pay Back $203M in Fees
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By EILEEN AJ CONNELLY AP Business Writer NEW YORK (AP) – A federal judge in California ordered Wells Fargo & Co. to change what he called “unfair and deceptive business practices” that led customers into paying multiple overdraft fees, and to pay $203 million back to customers. In a decision handed down late Tuesday, U.S. District Judge William Alsup accused…

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Filmmaker Can Go With ‘Hell’ When It Comes to Company Name
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A federal judge has struck down Pennsylvania’s blasphemy statute — a law that forbids the use of certain blasphemous and profane words in the naming of a corporation — with a ruling that clears the way for the plaintiff to use the name “I Choose Hell Productions” for his film company. In his 68-page opinion in Kalman v. Cortes ,…

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Will Oil Spill Companies Be on Hook for Clean Water Crimes?
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In a new turn for the congressional response to the Gulf Coast oil spill, legislation introduced Wednesday would mandate restitution for victims of some environmental crimes. The bill, sponsored by Senate Judiciary Committee Chairman Patrick Leahy, D-Vt., is separate from other efforts to increase civil liability for spills. It would amend the section of the U.S. Code relating to when…

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Discovery Failure Sinks Lockheed’s $37 Million Win
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A federal judge has tossed out a $37.3 million trade secrets verdict for Lockheed Martin Corp. and ordered a new trial after finding that the aircraft company failed to turn over to a defendant competitor documents critical to the case. U.S. District Judge Charles A. Pannell Jr. on March 31 ordered the new trial at the request of Texas military…

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Major Companies Pledge $30 Million to Minority- and Women-Owned Law Firms
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We’ve written before about how Susan Blount, the general counsel of the insurance giant Prudential Financial, took a hard line this year on the hourly rates it would pay its outside law firms. Now Blount and Prudential are part of another initiative that will change the way the company does business with firms. Prudential and about a dozen other companies,…

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Chicago Market for Laterals Picking Up
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More Chicago partners are jumping to new law firms or seriously contemplating a move after a year in which demand for profitable partners outstripped the number willing to leave stable positions, the city’s recruiters and law firm managers said. Lawyers are more willing to take the risk as they see an uptick in client demand in the corporate, litigation and…

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Novel Trademark Case Name Settles With Last-Minute Drama
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Judge William Alsup punctuated a courtroom-steps settlement in a novel trademark case by asking the lawyers to rewrite the agreement on the fly and apologize to the jury pool for wasting their morning. It was the latest dramatic turn in a case that had been set for trial Tuesday morning, featuring two leading IP lawyers: Michael Jacobs for software giant…

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Burned by BlackBerrys
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Recent court cases awarding sanctions under Federal Rule of Civil Procedure 37, which provides penalties for failure to disclose discoverable data, illustrate the problems in implementing effective legal holds and the potential consequences for failing to do so [See “Discovery Discipline”]. Ralph Losey, a shareholder in Akerman Senterfitt Losey, points out that keeping track of data and managing e-discovery holds…

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FTC Hits Intel With Antitrust Suit
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The Federal Trade Commission filed suit Wednesday against Intel Corp., charging the chip maker with using its dominant market position to illegally stifle competition. The lawsuit was expected, but the complaint raised new issues that had antitrust lawyers talking. The FTC charged the case under §5 of the FTC Act, which is broader, more malleable and less tested than the…

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Starwood and Hilton Talk Settlement in Trade Secrets Case; Hilton Criminal Probe Continues
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By Andrew Longstreth November 30, 2009 Post a Comment Months after Starwood Hotels & Resorts Worldwide obtained an injunction in its Grishamesque trade secrets case against Hilton Hotels, the two sides have been talking settlement. As first reported by Hospitality Design, Starwood’s attorney, Charles Gilman of Cahill Gordon & Reindel, wrote a letter to the court indicating that “the parties…

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