Law Admin

High-profile attorney Charles E. Polk Jr. evaded paying more than $470,000 in income taxes and bilked large sums from a public agency and his own law clients, according to a federal indictment unsealed Thursday. Polk, who has been at the center of several controversies in recent years, was charged late Wednesday in U.S. District Court

An attempt by computer hackers to steal £220m in one of the world’s biggest bank robberies has been foiled by British detectives. A high-technology crime gang planned to transfer millions of pounds from the London offices of the Japanese bank Sumitomo Mitsui into 10 bank accounts around the world. But before they could download any

MOSCOW – A jailed lawyer for the embattled Yukos oil company has come off a hunger strike after suffering health problems, her lawyer said Tuesday. Svetlana Bakhmina, who is charged in connection with a 6-year-old case involving alleged asset-stripping at a Yukos subsidiary, began a hunger strike March 3 to protest after investigators refused to

As the number of Vioxx-related cases mounts, Merck (MRK:NYSE – commentary – research) is discovering that some of its insurers don’t want to pay for the company’s defense against the lawsuits. Merck says it will fight the insurers’ efforts to reduce or eliminate coverage. Merck disclosed the insurance battle Friday after markets had closed. It

The Bush White House loves to accuse critics of its tax-cut policies of engaging in “class warfare.” However, it’s hard to imagine a more egregious example of class warfare than the Bush-pushed “bankruptcy reform” bill that just cleared the U.S. Senate. This measure, S256, long sought by credit-card companies and retailers, will fall heaviest on

Prosecutors want to review Michael Jackson ‘s financial records, saying they believe serious money troubles drove the entertainer to force his accuser’s family to help him rebut a damaging television documentary. Assistant District Attorney Gordon Auchincloss requested copies of the documents Friday at a hearing that included several rulings in the singer’s child molestation case,

There is no dispute that there was fraud. There is no dispute that the accounting was questionable. There is no dispute that shareholders lost billions or that the company went bankrupt. But convicting any top executive, like Bernard J. Ebbers, the former WorldCom chief executive, is difficult. The arcana of accounting, compounded by the difficulty

A quadriplegic attorney said Wednesday he dropped his lawsuit against producers of NBC’s “The Apprentice” after executives agreed to make clear the program accepts applications from the disabled. The federal lawuit by James Schottel Jr. claimed the show’s online application discriminatorily required “excellent physical” health of would-be contestants. Schottel said new language to be added

Britain was expected to release eight terror suspects, regarded by the government as among the most dangerous in the country, as politicians continued to squabble on Friday over new terror legislation. A judge released one suspect, a 37-year-old Algerian referred to only as “A,” on bail late on Thursday and said he intended to free

Finding Baker Botts breached its fiduciary duty in connection with estate-planning work done for a wealthy widow in Kerrville, Texas, a jury in Kerr County returned a $65.5 million verdict on Feb. 25 against the Houston-based firm and other defendants. By a 10-2 vote, the jury found Baker Botts breached its fiduciary duty for failing