Wednesday, July 10, 2013

Key Dodd-Frank Provision Unconstitutional, Panel Warned

Headlines

• Key Dodd-Frank Provision Unconstitutional, Panel Warned

• Argument That S&P's Ratings Were 'Puffery' Doesn't Fly

• Senate Eyes Filibuster as Judicial Nominees Await Votes

• Villanova Law Probes Intersection of Economics, Religion

• Ousted Attorney Blames Firm for Asbestos Misconduct Claim

• Study Claims Big Savings From Generic Drug Settlements

• High Court Funnies

• The Supreme Court vs. the Voter

• Growth Puts Spotlight on the Philippines

• Former Orrick Asia Head Joins Jones Day

Key Dodd-Frank Provision Unconstitutional, Panel Warned

Arguing that due process rights "are vaporized" under the Dodd-Frank Act, witnesses told a House subcommittee on Tuesday that aspects of the massive 2010 law overhauling the financial services industry might be unconstitutional. Read More »

Argument That S&P's Ratings Were 'Puffery' Doesn't Fly

A federal judge in California has said he likely would allow the U.S. Justice Department's lawsuit to go forward against ratings agency Standard & Poor's Financial Services LLC over the integrity of its ratings leading up to the 2008 financial collapse. Read More »

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Senate Eyes Filibuster as Judicial Nominees Await Votes

The Senate appears to be headed for another partisan fight over key White House nominations, including nominations to the U.S. Court of Appeals for the D.C. Circuit and spots on national regulatory boards. Read More »

Villanova Law Probes Intersection of Economics, Religion

"Law and economics" and "law and religion" are important areas of study in legal academia, but they have largely remained separate fields of inquiry. Villanova University School of Law aims to bridge the gap by looking at both religious and economic freedom in a new and broader framework. Read More »

Ousted Attorney Blames Firm for Asbestos Misconduct Claim

A former associate at Brayton Purcell has sued the firm and founding partner Alan Brayton for failing to pay his legal costs in a malpractice case and bar investigation that followed a scathing order by an Ohio judge accusing him of rampant misconduct in an asbestos case. Read More »

Study Claims Big Savings From Generic Drug Settlements

The United States' health care system saved $25.5 billion between 2005 and 2012 due to patent settlements that moved generic pharmaceuticals to market in advance of brand-name drugs' patent expiration date, according to research financed by generic drug manufacturers. Read More »

High Court Funnies

With the end of the U.S. Supreme Court term, summer officially begins for court watchers, so enough of this serious stuff! To borrow a line from The Lettermen classic, "We will have these moments to remember." Read More »

The Supreme Court vs. the Voter

In past decade, it has turned its back on protecting the franchise, especially for the poor, minorities. Read More »

Growth Puts Spotlight on the Philippines

Often overshadowed by Indonesia, Southeast Asia's other archipelago nation outpaced even China to be Asia's fastest-growing economy in the first quarter. But some firms weren't surprised. Read More »

Former Orrick Asia Head Joins Jones Day

Michelle Taylor will be a partner in the firm's Hong Kong office. Read More »



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