Thursday, February 28, 2013

Key provision of Voting Rights Act imperiled

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States, Private Plaintiffs Press Suit Against Wall Street Reform Law

Legal Times -- Afternoon Update

AFTERNOON UPDATE

States, Private Plaintiffs Press Suit Against Wall Street Reform Law

The states and private plaintiffs that are challenging the constitutionality of the Wall Street reform law and the leadership of the Obama administration's new consumer protection agency are fighting to keep alive a suit in Washington federal district court.

Grassley Targets DOJ for Use of Gulfstream Jets

The Department of Justice is catching criticism from a Republican senator for how it has used two Federal Bureau of Investigation jets for executive travel.

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D.C. Courts: Sequestration Won't Cause Layoffs, Furloughs

If Congress fails to reach an agreement by March 1 to avoid $85 billion in automatic budget cuts known as sequestration, the District of Columbia's local courts system could have to find $14 million in savings from its fiscal year 2013 budget. Court officials don't expect layoffs or furloughs, but declined to release details on how they would make the required cuts.

Senate Committee Approves Three District Court Nominees

The Senate Judiciary Committee approved Thursday three judicial nominees for district courts in New York, California and Louisiana, as well as the nominee to become chairman of the Privacy and Civil Liberties Oversight Board.

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In 2012, Dickstein Shapiro's Gross Revenue Dipped, but Net Income Grew

On paper, Dickstein Shapiro's fiscal year 2012 financial metrics represented a big change from 2011. Whereas gross revenue held steady in 2011, last year it dipped 3.2 percent to $258.5 million. But revenue per lawyer, profits per partner and net income all showed strong growth. Revenue per lawyer climbed 7.7 percent to $840,000 and profits per partner increased 3.8 percent to $950,000. Net income had the largest gain of any metric category, jumping 8.9 percent to $55 million.

SUPREME COURT

Gabelli v. Securities and Exchange Commission

Time for SEC to bring enforcement actions alleging violations of Investment Advisers Act begins running when fraud occurs, not when it is discovered (Roberts, C.J.)

 

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Asia Deal Digest: February 28, 2013

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Asia Deal Digest: February 28, 2013
Tom Brennan Thursday, February 28, 2013
:: Deals

* Kirkland & Ellis taking a Chinese maker of oil drill pipes private
* Herbert Smith Freehills on a Cambodian mobile phone merger
* Minter Ellison helps a British auto distributor expand Down Under read more





 
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