Law Firms

CA Inc.’s former chief executive Sanjay Kumar was sentenced to 12 years in prison for leading a $2.2 billion accounting fraud at the software maker, one of the largest in the US.

US District Judge I. Leo Glasser imposed the term and an $8 million fine yesterday in Brooklyn and ordered Kumar, 44, to report to a federal prison by Feb. 27. Kumar pleaded guilty in April to charges including conspiracy, fraud, and obstruction of justice. “His cupidity calls for a meaningful sentence,” the judge said. Glasser […]

CA Inc.’s former chief executive Sanjay Kumar was sentenced to 12 years in prison for leading a $2.2 billion accounting fraud at the software maker, one of the largest in the US. Read More »

A Bank of America official testified Thursday at the stock-market rigging trial of former Parmalat executives that his team trusted the dairy company’s financial reports and had no reason to suspect false information.

A Bank of America official testified Thursday at the stock-market rigging trial of former Parmalat executives that his team trusted the dairy company’s financial reports and had no reason to suspect false information. Prosecutor Francesco Greco questioned Gregory Johnson, the former head of international private placement, about Bank of America’s activities selling Parmalat securities in

A Bank of America official testified Thursday at the stock-market rigging trial of former Parmalat executives that his team trusted the dairy company’s financial reports and had no reason to suspect false information. Read More »

UK law firms Clifford Chance and Linklaters took the top two spots in the Lawyer magazine’s Global 100 survey but the big profits remain largely a US game.

UK law firms Clifford Chance and Linklaters took the top two spots in the Lawyer magazine’s Global 100 survey but the big profits remain largely a US game. *US firms market share decreases Last year, there were 14 UK firms in The Global 100. This year there are 16, with UK regionals Pinsent Masons and

UK law firms Clifford Chance and Linklaters took the top two spots in the Lawyer magazine’s Global 100 survey but the big profits remain largely a US game. Read More »

YouTube is being sued by a company whose website crashed after being swamped by tens of millions of visitors seeking the phenomenally popular online video-sharing service.

Universal Tube & Rollform Equipment Corp, a small Ohio-based manufacturer that employs just 17 people, claims its website became a victim of YouTube’s success after being engulfed by 68 million hits in August. It says the cost of maintaining its own website – utube.com – exploded from $19 a month to more than $3,000 a

YouTube is being sued by a company whose website crashed after being swamped by tens of millions of visitors seeking the phenomenally popular online video-sharing service. Read More »

Rights activists and lawyers on Wednesday hailed an overturned verdict in the case of a blind legal activist as a victory over corrupt officials.

Rights activists and lawyers on Wednesday hailed an overturned verdict in the case of a blind legal activist as a victory over corrupt officials. “This is a success of the central party committee practicing rule of law,” said Li Jinsong, lawyer for Chen Guangcheng, a self-taught legal activist blinded by a childhood illness. “This is

Rights activists and lawyers on Wednesday hailed an overturned verdict in the case of a blind legal activist as a victory over corrupt officials. Read More »

Microsoft announced yesterday it was launching 55 separate lawsuits against suspected software pirates in 11 countries selling counterfeit Microsoft products via eBay and other auction websites.

The suits were part of a big new push to eradicate piracy of the world’s most popular software programs and buoy consumer confidence on the eve of a major new product launch. Microsoft is on the verge of releasing new versions of Windows, its operating system, and Office, its word-processing and office management software package.

Microsoft announced yesterday it was launching 55 separate lawsuits against suspected software pirates in 11 countries selling counterfeit Microsoft products via eBay and other auction websites. Read More »

A Philip Morris attorney on Tuesday challenged a $79.5 million punitive damages award to a former smoker’s widow, arguing before the U.S. Supreme Court the tobacco giant could not be punished for harm to other smokers.

But a lawyer for Mayola Williams, whose husband died of lung cancer in 1997 after smoking for more than 40 years, defended the large award won by his client. “This jury did a very good job,” he said in urging that the award be upheld. The case has been closely watched by business groups who

A Philip Morris attorney on Tuesday challenged a $79.5 million punitive damages award to a former smoker’s widow, arguing before the U.S. Supreme Court the tobacco giant could not be punished for harm to other smokers. Read More »

A New York court has rejected Orrick, Herrington & Sutcliffe’s “tactical” bid to disqualify the lawyer suing the law firm on behalf of a former associate who claims he was fraudulently promised promotion to partnership.

A New York court has rejected Orrick, Herrington & Sutcliffe’s “tactical” bid to disqualify the lawyer suing the law firm on behalf of a former associate who claims he was fraudulently promised promotion to partnership. Orrick’s efforts to remove the lawyer, Douglas Wigdor, from the case reveal that not one but two associates consulted with

A New York court has rejected Orrick, Herrington & Sutcliffe’s “tactical” bid to disqualify the lawyer suing the law firm on behalf of a former associate who claims he was fraudulently promised promotion to partnership. Read More »

Positions on the British High Court are being advertised in The Times newspaper. It’s all part of the changes in the way UK judges are selected and appointed, under Baroness Usha Prasar.

Like to be a High Court judge? Forget the whisper over a drink at your Inn or the traditional “tap on the shoulder”. Dust off the CV and send in an application. And then prepare yourself for an “interview” with a selection panel. This is the new world of appointing judges — and today it

Positions on the British High Court are being advertised in The Times newspaper. It’s all part of the changes in the way UK judges are selected and appointed, under Baroness Usha Prasar. Read More »

Clifford Chance, the world’s largest law firm, announced yesterday that it would outsource much of its administration work to India, in what will be the biggest move offshore ever undertaken in the legal profession. The proposal is expected to yield more than $18m in annual savings.

Clifford Chance, the world’s largest law firm, announced yesterday that it would outsource much of its administration work to India, in what will be the biggest move offshore ever undertaken in the legal profession. The proposal is expected to yield more than $18m (£9.5m) in annual savings. A service centre being built in Delhi is

Clifford Chance, the world’s largest law firm, announced yesterday that it would outsource much of its administration work to India, in what will be the biggest move offshore ever undertaken in the legal profession. The proposal is expected to yield more than $18m in annual savings. Read More »

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