Law Firms

Dubai has generated a mountain of get-rich-quick buzz. In the last three years, ten Global 100 law firms, including DLA Piper, Vinson & Elkins, and Akin Gump Strauss Hauer & Feld, have opened offices here. Magic Circle firms, which already dominate the region, are expanding their presence.

Along Dubai’s Sheikh Zayed Road, construction cranes seem almost as plentiful as sand. Hotels and office buildings are going up by the dozen, and already some of the world’s most recognizable corporate names-CNN, Cisco Systems, and Microsoft-dot the landscape. There’s a billboard advertising “the most prestigious kilometer on the planet,” an extravagant new downtown project […]

Dubai has generated a mountain of get-rich-quick buzz. In the last three years, ten Global 100 law firms, including DLA Piper, Vinson & Elkins, and Akin Gump Strauss Hauer & Feld, have opened offices here. Magic Circle firms, which already dominate the region, are expanding their presence. Read More »

Former New York Stock Exchange Chairman Richard Grasso, whose $187.5-million compensation package fed public outrage over skyrocketing executive pay, could be forced to return up to $100 million under a court ruling released Thursday.

State Supreme Court Justice Charles Ramos said Grasso failed to ensure that the NYSE board understood the “magnitude” of his ballooning pay, particularly the more than $100 million in retirement benefits that he quietly accrued in his last few years on the job. The case was brought by New York Atty. Gen. Eliot Spitzer, who

Former New York Stock Exchange Chairman Richard Grasso, whose $187.5-million compensation package fed public outrage over skyrocketing executive pay, could be forced to return up to $100 million under a court ruling released Thursday. Read More »

A retired priest from Malta acknowledged today that he had intimate contact with a youthful Mark Foley that involved nudity and — on at least one occasion — “light touching,” but denied that he and Foley had “sexual intercourse.”

The Rev. Anthony Mercieca, in a telephone interview with The Washington Post from the Maltese island of Gozo, said he was surprised that his long-ago interaction with Foley had become linked to the scandal that erupted last month and cost the former congressman his job . Foley, who served as an altar boy at the

A retired priest from Malta acknowledged today that he had intimate contact with a youthful Mark Foley that involved nudity and — on at least one occasion — “light touching,” but denied that he and Foley had “sexual intercourse.” Read More »

A federal appeals court affirmed two jury verdicts in the World Trade Center property insurance case, leaving a maximum payout of $4.6 billion toward the redevelopment of Manhattan’s Ground Zero.

The ruling requires Swiss Reinsurance Co., a Lloyds of London syndicate and seven other insurers to treat the Sept. 11 terror attack as a single total loss claim, and pay trade center leaseholder Larry Silverstein accordingly. St. Paul Travelers Cos., Allianz SE and seven other insurers will be required to pay Silverstein on a two-loss

A federal appeals court affirmed two jury verdicts in the World Trade Center property insurance case, leaving a maximum payout of $4.6 billion toward the redevelopment of Manhattan’s Ground Zero. Read More »

The criminal case against Ken Lay came to an end Tuesday when a judge vacated his convictions and dismissed the indictment that brought him to trial.

U.S. District Judge Sim Lake granted the request by Lay’s estate to wipe out the convictions against the late Enron chairman, an outcome that was widely anticipated, given legal precedent. Lake also dismissed the indictment that was filed against him in 2004. In his ruling, Lake cited a decision in the 5th Circuit Court of

The criminal case against Ken Lay came to an end Tuesday when a judge vacated his convictions and dismissed the indictment that brought him to trial. Read More »

President Bush today signed into law a controversial Bill that permits the tough interrogation of foreign terror suspects and smooths the way for Guantanamo Bay detainees to be tried before military commissions without any legal representation.

Signing the Bill, Mr Bush described it as a “vital tool” in the fight against terrorism, but civil liberty campaigners said that it would allow prisoners to be held indefinitely and sentenced to death on evidence beaten out of them. Officially the Military Commissions Act protects detainees from blatant abuses during questioning such as rape,

President Bush today signed into law a controversial Bill that permits the tough interrogation of foreign terror suspects and smooths the way for Guantanamo Bay detainees to be tried before military commissions without any legal representation. Read More »

New York State Attorney General Eliot Spitzer’s public relations windfall following his triumph over insurer ING may have more to do with his gubernatorial ambitions than with compensating ripped off state teachers.

New York State Attorney General Eliot Spitzer has been claiming plenty of credit lately for championing his state’s teachers and forcing insurer ING to pay $30 million for foisting costly annuities on them under false pretenses. But the settlement is likely to do a lot more for Spitzer’s gubernatorial ambitions as he gears up for

New York State Attorney General Eliot Spitzer’s public relations windfall following his triumph over insurer ING may have more to do with his gubernatorial ambitions than with compensating ripped off state teachers. Read More »

Attorney Lynne Stewart, who was convicted of helping an extremist Egyptian cleric pass messages from prison urging his followers on the outside to launch terrorist attacks, was sentenced to 28 months behind bars.

Stewart, 67, was charged with aiding a U.S.-designated terror organization, the Islamic Group, wage a broad murder and kidnapping conspiracy. Federal prosecutors said she and two men convicted with her helped her former client, the blind sheik, Omar Abdel Rahman, transmit messages to the group’s leaders in defiance of prison restrictions. The government had asked

Attorney Lynne Stewart, who was convicted of helping an extremist Egyptian cleric pass messages from prison urging his followers on the outside to launch terrorist attacks, was sentenced to 28 months behind bars. Read More »

Lynne F Stewart the firebrand lawyer known for defending unsavory criminals, now faces the possibility of living out her life like many of them, in maximum-security lockdown in a federal prison.

Today, 20 months after she was convicted on terror charges, Ms. Stewart and two co-defendants who were convicted of conspiring with her will be sentenced in Federal District Court in Manhattan. Prosecutors, arguing that Ms. Stewart repeatedly flouted the law to aid the violent designs of an imprisoned terrorist client, have asked Judge John G.

Lynne F Stewart the firebrand lawyer known for defending unsavory criminals, now faces the possibility of living out her life like many of them, in maximum-security lockdown in a federal prison. Read More »

The families of Americans killed and wounded in attacks carried out by Hamas in Israel have been given the go ahead by a US court to sue the Royal Bank of Scotland (RBS) for knowingly providing services to a charity linked to the militant group.

The bank was sued in January by 15 families including the victims of a bus bombing in Jerusalem on August 19, 2003 that killed 20 people — an attack for which Hamas claimed responsiblity. The families claimed that Natwest, now part of RBS, enabled Interpal, a charity that provides aid to poor and needy Palestinians,

The families of Americans killed and wounded in attacks carried out by Hamas in Israel have been given the go ahead by a US court to sue the Royal Bank of Scotland (RBS) for knowingly providing services to a charity linked to the militant group. Read More »

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