Former Prof Arrested, Accused of Taking 2 Guns Into Law Library
Headline Legal News | 2009/08/26 23:01
According to the ABA Journal, a former adjunct faculty member at the University of Louisville's law school was arrested Friday after allegedly bringing two handguns and 53 rounds of ammunition into the law school library around 8:30 a.m.

Police were initially called about Thomas Irwin, 56, because a library employee who recognized him knew that he had been banned from the campus in 2008, reports the Louisville Courier-Journal.

Authorities said Irwin had a permit to carry the handguns and told police he had the guns because he planned to go to a shooting range later in the day, the newspaper recounts. However, guns are banned on the University of Louisville campus, and Irwin was charged with carrying a concealed deadly weapon and criminal trespass. Both are misdemeanors.


Former Stanford Investment Advisers Push to Get Assets Unfrozen
Headline Legal News | 2009/08/26 22:59
The Fulton County Daily Reports states that when Stanford International Bank, the financial institution founded by larger-than-life Texan R. Allen Stanford, imploded earlier this year after the Securities and Exchange Commission accused the bank of fraud, assets belonging not just to investors but also to financial advisers once employed there were frozen.

Now, with the help of some Atlanta lawyers, those financial advisers are trying to get their money back.

Jason W. Graham of Graham & Penman, along with associate Eric L. Jensen and Fort Worth, Texas, lawyer Robert J. Wright, filed a motion in US District Court for the Northern District of Texas on July 28 seeking to modify the receivership order and to have accounts belonging to 10 former financial advisers at Stanford International Bank, or SIB, released.


Class Claims Facebook Invades Privacy, Sells Personal Information
Headline Legal News | 2009/08/25 16:29
Facebook invades the privacy of its customers and misappropriates people's images and personal information for marketing and commercial purposes, a class action claims in Orange County Court, Calif. The class claims Facebook's "unconscionable" terms and conditions allow it to compile an extraordinary amount of data from users, and permits third parties access to a gold mine of information without users' knowledge or consent.

Professional photographer Elisha Melkonian says Facebook permitted her photos to be downloaded, copied and distributed without her permission, despite her fruitless attempts to stop it.

Melkonian says she is concerned that Facebook has stored personal information posted by her 11-year-old son, including "partially clothed photographs of children aged 5 to 11" who were swimming.

She claims Facebook's terms and conditions are misleading, as they do not clearly specify how Facebook stores or uses such sensitive material as contact information, date of birth, email addresses and phone numbers, which puts users at risk of identity theft.


Newly Released Documents Show Rehnquist's Private Side
Headline Legal News | 2009/08/24 20:55
The National Law Journal reports that in the dark days after he announced that he was suffering from thyroid cancer in late October 2004, Chief Justice William Rehnquist's in-box filled up with anxious notes from his colleagues.

"Top priority at Court," wrote Justice Ruth Bader Ginsburg, is "to have our Chief back with us, steadily on course toward a cancer-free future."

Justice David Souter reported to the chief that, after an overly long discussion among the justices of a minor case in Rehnquist's absence, "I could hear Tony [Kennedy] muttering under his breath, 'Five minutes on [the case]. The chief better get back here fast.'" Souter added, "That's certainly the sense of the Court as we all pull for you in your ordeal."

From Justice Stephen Breyer also came a handwritten note: "You are missing nothing here! The cases are routine; our lunchtime discussions need your input -- particularly on recent films." Breyer did joke that Rehnquist had missed a chance to win some money from him in the justices' apparently low-stakes wagering over the presidential election. "I paid $1 to CT [Clarence Thomas]," Breyer said. It's a safe bet that Breyer had put his money on John Kerry and Thomas on George W.Bush.


Corporate Partner Louis Lehot Expands
Legal Topics | 2009/08/21 16:18
According to a press release distributed by Shepard Mullin today, Louis Lehot has joined the Silicon Valley office of Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm's Corporate practice group.  Lehot joins Sheppard Mullin from Simpson Thacher & Bartlett LLP in Palo Alto. 


Lehot's Silicon Valley practice is focused on advising technology companies and their financial sponsors and investment banks in M&A transactions, capital raising transactions, strategic and commercial transactions, as well as corporate governance and securities law compliance matters.


Lehot's recent M&A experience includes advising SiRF Technology in its public stock-for-stock merger with CSR plc, and recent capital markets deal credits include advising the underwriters in Oracle Corporation's $4.5 billion debt financing, in Micron Technology's concurrent public common stock and convertible note offerings and in GLG Partners' convertible note offering.  His clients have included technology names such as AOL, Seagate Technology and SiRF Technology, investment banks including Bank of America Merrill Lynch, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, UBS and Wachovia, as well as leading Bay Area-based financial sponsors.


"Louis is a rising star in the deal world and an excellent fit firm wide with both our Corporate practice group and technology practice, as well as our Silicon Valley office.  His Wall Street law firm expertise coupled with his Silicon Valley experience will be of great value to our clients," said Guy Halgren, chairman of the firm.


Commented Lehot, "Sheppard Mullin offers a large statewide footprint for a technology company practice in Silicon Valley.  Additionally, the firm's New York, Washington, D.C. and Shanghai offices and leading digital entertainment, media, energy and high technology practices provide a full-service and international platform to support our clients.  I am thrilled to be joining the firm and look forward to growing the Silicon Valley corporate and transactional practice with partner Riaz Karamali." 



3rd Circuit Appeal Challenges Judge's Outside Research In Bench Trial
Legal Topics | 2009/08/20 16:24
According to the New Jersey Law Journal, a federal appeals court has been asked to limit the right of judges to do their own research in bench trials, lest they be swayed by facts not before them.

US Magistrate Patty Shwartz in Newark, N.J., no-caused a medical malpractice claim after consulting published and unpublished cases -- not cited by the parties -- that dwelled on the type of injury the defendant doctor was accused of inflicting.

A three-judge panel of the 3rd US Circuit Court of Appeals affirmed the verdict, saying the research was for "informational" purposes only and was not the basis for Shwartz's decision.


Asbestos Tests Must Continue
Headline Legal News | 2009/08/19 16:13
Courthouse News reports that air tests for asbestos-like fibers must continue at a Minnesota mining plant because a 1975 order to do so has been folded into the state's environmental laws, the 8th Circuit ruled.

Northshore Mining Co., a taconite processing facility in Silver Bay, Minn., has tried for several years to get fiber tests removed from state permits.

But the St. Louis-based 8th Circuit agreed with a district court that the 34-year-old law is moot because it "has been effectively incorporated into state administrative law."


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