Law Firms

Sixty-seven individuals ranging from mortgage brokers to attorneys have been charged in the Chicago-area portion of a sweeping nationwide crackdown on mortgage fraud, officials announced Thursday. “The hundreds of millions of dollars of fraud, particularly home mortgage fraud, that we’re seeing around the country, not only damages financial institutions but more importantly makes like more […]

In the end, says the lawyer who defended the Milberg firm for more than four years, he had no choice: If Milberg was to survive as a law firm, it had to reach a deal with Los Angeles prosecutors to avoid a guilty plea or conviction in the federal probe of kickbacks to lead plaintiffs

Abu Qatada, the radical Islamic cleric described as Osama bin Laden’s “right-hand man in Europe”, has been released from jail after a judge ruled that there were no grounds to keep him in prison. The decision to allow him to return to his home in London – where he will receive around £1,000 per month

The US Government is close to bringing the first criminal charges against Wall Street executives relating to the credit crunch. Brooklyn-based prosecutors are preparing to indict Ralph Cioffi and Matthew Tannin, two former Bear Stearns hedge fund managers, and it is understood that the two men could be charged this week. Mr Cioffi and Mr

In a stinging rebuke to President Bush’s anti-terror policies, a deeply divided Supreme Court ruled Thursday that foreign detainees held for years at Guantanamo Bay in Cuba have the right to appeal to U.S. civilian courts to challenge their indefinite imprisonment without charges. Bush said he strongly disagreed with the decision — the third time

The future of President Bush’s controversial military trial system for terror suspects held at Guantanamo Bay has been dealt a potentially terminal blow by the US Supreme Court. In its third rebuke of the Bush Administration’s treatment of prisoners at Guantanamo Bay, the court ruled that the 270 foreign terror suspects have the right under

A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq. For the first time, the extent to which some private contractors have profited from the conflict and rebuilding has been researched by the BBC’s Panorama using US and Iraqi government sources. A US gagging

Hundreds of Pakistani lawyers began a two-day march from the southern city of Karachi to the capital on Tuesday to demand the reinstatement of 60 judges removed by the previous military regime of President Pervez Musharraf. The march represents the first large-scale protest against the new democratically elected government and its first test in handling

The recent lawsuit against Kasowitz, Benson, Torres & Friedman by its former head of intellectual property brings into the spotlight a practice that some lawyers might find unimaginable: At several law firms today, the managing partner can unilaterally fire other partners. Jeremy Pitcock, who led IP at Kasowitz Benson, filed suit against the firm June