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June 26, 2006
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High Court Makes a Call in 'Remand Wars' The National Law Journal The Supreme Court has narrowed corporate defendants' ability to keep securities and other types of cases against them in their often-preferred forum, the federal courts. The Kircher ruling is of "great significance" in securities cases and also reinforces the general rule prohibiting appellate review of remand orders in nonsecurities cases removed to federal court from state court, said David C. Frederick, winning counsel to Carl Kircher and other members of a class of mutual fund investors. Visit the Business Law Practice Center • SUBSCRIPTION REQUIRED |
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ABA Fined $185,000 for Violating Court Order The Associated Press The Justice Department and the American Bar Association agreed Friday that the nation's largest group of lawyers had violated a 1996 court order that settled an antitrust suit. The ABA also agreed to pay $185,000 to reimburse the government for its costs in investigating what the DOJ called a case of civil contempt of court. The case involved the misuse of the ABA's accreditation process by law school personnel with an economic interest in the outcome of accreditation reviews. |
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Firms Find South Florida Is More Than a Gateway to Offshore Business Daily Business Review Law firms trying to crack the south Florida market are getting a lukewarm reception from local firms. At first, large firms saw Miami as the gateway to Latin America and the Caribbean, but now they're also looking to capitalize on fast-growing Palm Beach and Broward counties as well as the planned opening of the Scripps Research Institute in Jupiter. However, noting that Broward already has 7,000 lawyers, County Bar Association President Timothy Bailey asks, "Do we really need any more lawyers here?" |
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The Name's Bond, Supersedeas Bond: A Look at Staying Money Judgments on
Appeal Special to Law.com After a federal district court enters a final, appealable judgment that entitles one party to receive money from another, there frequently arise questions concerning whether the losing party should or must post a bond securing payment of the judgment in order to appeal. Looking, in part, at a 7th Circuit ruling in a related case, attorney Howard J. Bashman examines three key points that a party on the losing end of a money judgment must consider. |
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