The failure of big law firms sets bankers – and other lawyers – at the door of firms just like any other failed business, as BusinessWeek reports.

Plenty of homeowners have discovered in the past couple of years what it means to be overextended with their banks. Recently some big law firms have learned a similar lesson. Borrowing to fund operating expenses and expansion, they suddenly found nervous bankers at their doorsteps at the earliest sign that their businesses appeared to be

The failure of big law firms sets bankers – and other lawyers – at the door of firms just like any other failed business, as BusinessWeek reports. Read More »

Denver Woman Sentenced for Making Airplane Bomb Threat

DENVER (LAWFUEL) – Terrice Gay Hutchinson, age 53, of Denver, Colorado, was sentenced yesterday by U.S. District Court Judge Robert E. Blackburn to serve 3 years of supervised probation for making a bomb threat to Southwest Airlines, Acting United States Attorney David Gaouette and FBI Special Agent in Charge James Davis announced. Hutchinson was also

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Two Charged Over $4.5 Million Heroin Seizure After Taxi Searched in Sydney

(LAWFUEL) – Two men have been charged after high-grade heroin with an estimated potential street value of $4.5 million was seized in Haymarket, Sydney. About 9.50am yesterday, operatives from the Joint Asian Crime Group (JACG) arrested two Singaporean Nationals, aged 41 and 34, after officers stopped a taxi in George Street. Officers searched the taxi

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Hashim Ubay Hasan Sentenced to Over 12 Years in Federal Prison for Bank Robery

DENVER (LAWFUEL) – Hashim Ubay Hasan, age 36, of Los Angeles, California, was sentenced today by U.S. District Court Judge John L. Kane to serve 151 months (12.5 years) in federal prison for bank robbery, Acting United States Attorney David Gaouette and FBI Special Agent in Charge James Davis announced. Hasan was also ordered to

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Marc Dreier, the New York lawyer accused of cheating hedge funds, lost part of the $380 million that prosecutors say he stole in failed investments and used the rest to repay the funds, cover his firm’s expenses and buy property, he said.

Marc Dreier, the New York lawyer accused of cheating hedge funds, lost part of the $380 million that prosecutors say he stole in failed investments and used the rest to repay the funds, cover his firm’s expenses and buy property, he said. Dreier, who is being held in jail on fraud charges, yesterday filed a

Marc Dreier, the New York lawyer accused of cheating hedge funds, lost part of the $380 million that prosecutors say he stole in failed investments and used the rest to repay the funds, cover his firm’s expenses and buy property, he said. Read More »

SEC Staff Extend Sarbanes-Oxley Survey to January 31

Washington, D.C., Jan. 16, 2009 (LAWFUEL) – The Securities and Exchange Commission’s Office of Economic Analysis has extended the deadline to January 31 for public companies’ participation in a Web-based survey about the costs and benefits of Section 404 of the Sarbanes-Oxley Act of 2002. The survey, which is available at https://404survey.sec.gov, will help inform

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Nineteen Ober|Kaler Attorneys Named Maryland Super Lawyers

BALTIMORE (LAWFUEL): January 16, 2009 Nineteen Ober|Kaler attorneys have been selected for the Maryland Super Lawyers 2009 issue, published in January. The selections span seven categories, with Ober|Kaler lawyers making an especially strong showing in the Construction Litigation category, where they hold six of the 26 slots, and in the Health Care category, where they

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