Today's Date: Add To Favorites
Stocks fall sharply lower ahead of bailout vote
Securities | 2008/09/29 09:48
Financial markets endured another difficult session Monday ahead of a planned House vote on an unpopular $700 billion plan to rescue troubled financial companies and as investors examined a deal for Wachovia Corp. The Dow Jones industrial average fell nearly 300 points, while demand for safe-haven buying in government debt remained high ahead of the vote.

Wall Street fears the government's plan to buy up toxic debt wouldn't be sufficient to resuscitate nearly frozen credit markets.

Investors also reviewed the buyout at Wachovia. The Federal Deposit Insurance Corp. said Monday Citigroup Inc. will acquire Wachovia's banking operations and that the deal protects Wachovia debtholders — a welcome prospect for investors given the strains in the credit markets. Investors had been worried about Wachovia's stability as it grappled with mounting losses over souring mortgage debt. Citi rose 69 cents, or 3.4 percent, to $20.84.

Investors appeared to find some reassurance in a move by the Federal Reserve and other countries' central banks to pump money into the world's credit markets. The Fed said it would boost the amount of 84-day cash loans available to U.S. banks to $75 billion, up from $25 billion. The plan will triple the supply of 84-day loans to $225 billion from $75 billion.

The news comes as President Bush and congressional leaders looked to shore up support for the rescue measure, which they and many on Wall Street believe is a difficult but necessary step to revive moribund credit markets. Banks and other financial houses are hesitant to lend to one another because of fears about bad mortgage debt on companies' books.

Tight lending conditions make it hard and expensive for businesses and consumers to get loans, which can hurt the economy.



Federal judge upholds early voting in Ohio
Law Center | 2008/09/29 09:46
An Ohio county must allow new voters to register and cast an absentee ballot on the same day during a weeklong period that begins Tuesday, a federal judge ruled Monday.

U.S. District Judge James Gwin in Cleveland issued a temporary restraining order forcing Madison County to follow Secretary of State Jennifer Brunner's instructions. The county had said that, one the advice of its county prosecutor, it was not going to allow same-day voting during the six-day window that runs through Oct. 6.

It was the first of three court decisions involving an early voting window that has become a highly partisan battle.

Both Democratic presidential candidate Barack Obama's campaign and the Republican National Committee have urged supporters in Ohio to use the early voting. But there are Republican-backed lawsuits against it.

The state GOP has filed a statewide challenge to the voting window in federal court in Columbus. A hearing was scheduled for Monday.

Two GOP-backed voters also have filed a lawsuit in the Ohio Supreme Court, which could rule Monday.

The two lawsuits argue that Ohio law requires voters to be registered for at least 30 days before they cast an absentee ballot. Republicans have said Ohio law doesn't allow same-day registration and voting, and have accused Brunner, a Democrat, of reading a partisan interpretation into law to benefit her own party.

The disputed voting window results from an overlap between Tuesday's beginning of absentee voting 35 days before Election Day, and the Oct. 6 end of voter registration period.



Conservative judges fault Scalia opinion on guns
Breaking Legal News | 2008/09/29 03:46
Supreme Court Justice Antonin Scalia is no stranger to criticism. He gives as good as he gets.

But two recent critiques of his opinion in the landmark decision guaranteeing people the right keep guns at home for self-defense are notable because they come from respected fellow conservative federal judges.

The judges, J. Harvie Wilkinson of the 4th U.S. Circuit Court of Appeals in Richmond, Va., and Richard Posner of the 7th U.S. Circuit Court of Appeals in Chicago, take Scalia to task for engaging in the same sort of judicial activism he regularly disdains.

Wilkinson was interviewed by President Bush in 2005 for a Supreme Court vacancy. His article strongly suggests that the 5-4 decision in Heller v. District of Columbia would have come out differently if he had been chosen for the court. Bush's appointees to the high court, Chief Justice John Roberts and Justice Samuel Alito, joined Scalia's opinion.

The district's elected government is trying to figure out how to maintain restrictions on gun possession in the wake of the court ruling that struck down its 32-year-old ban on handguns. The D.C. council voted this month to let residents own most semiautomatic pistols and eliminate a requirement that guns be stored unloaded or secured with trigger locks.

Congressional critics said the city did not go far enough. The House passed a bill, backed by the National Rifle Association, that broadens the rights of city residents to buy and own firearms. The Senate has yet to act.

Wilkinson said elected officials are in a better position to determine gun laws than the courts. He compared the gun case to Roe v. Wade, the abortion rights decision that conservatives consider among the court's worst.

"Heller represents a triumph for conservative lawyers. But it also represents a failure — the Court's failure to adhere to a conservative judicial methodology in reaching its decision," Wilkinson wrote in an article to be published next year in the Virginia Law Review. "In fact, Heller encourages Americans to do what conservative jurists warned for years they should not do: bypass the ballot and seek to press their political agenda in the courts."

The guns case was easily the most significant opinion Scalia has written in his 22 years on the court. Yet Wilkinson faults the justice for falling victim to the same criticism Scalia leveled in a scathing dissent in the court's 1992 decision that reaffirmed the right to an abortion.



Roth Law Group Picked as Featured Law Firm
Legal Marketing | 2008/09/28 06:26
http://legalnewsnow.blogspot.com/2008/09/roth-law-group-chosen-as-featured-law.html

http://ambigendilocus.blogspot.com/2008/09/roth-law-group-selected-for-honors.html

http://myattorneybernie.blogspot.com/2008/09/breaking-legal-news-picks-roth-law.html

http://legalnewspost.com/entry/Roth-Law-Group-Chosen-as-Featured-Law-Firm

http://www.legalnewsjournal.com/entry/Breaking-Legal-News-Chooses-Roth-Law-Group

http://clickthelaw.com/entry/Roth-Law-Group-Chosen-as-Featured-Law-Firm?TSSESSION=5b5a37a95df325c065c131404dfc10ef

http://dailybarnews.com/entry/Roth-Law-Group-Chosen-as-Featured-Law-Firm

http://breakinglegalnews.com/entry/Roth-Law-Group-Chosen-as-Featured-Law-Firm?TSSESSION=5f033aff4a47f9f46415eb5271947cbb

http://barristerbriefs.blogspot.com/2008/09/roth-law-group-picked-as-featured-law.html

http://www.blogtext.org/LexTerrae/article/26897.html?Roth+Law+Ggroup+Chosen+as+Featured+Law+Firm

http://roughmagic.wordpress.com/2008/09/30/chicagos-roth-law-group-named-featured-law-firm/

http://esquiremyass.wordpress.com/2008/09/30/breaking-legal-news-chooses-roth-law-group/

http://counselatlarge.wordpress.com/chicagos-roth-law-group-chosen/

http://herecomedajudge.wordpress.com/2008/09/30/roth-law-group-is-breaking-legal-news-featured-law-firm/

http://sorrybutitsthelaw.wordpress.com/2008/09/30/roth-law-group-picked-as-featured-law-firm/

http://legalcodswallop.wordpress.com/2008/09/30/breaking-legal-news-names-roth-law-group/

http://lawdog.freeblogit.com/2008/09/30/roth-law-group-named-featured-law-firm-by-breaking-legal-news/

http://internationallawwatch.freeblogit.com/2008/09/30/breaking-legal-news-names-roth-law-group-featured-law-firm/

http://audialterampartem.freeblogit.com/2008/09/30/chicagos-roth-law-group-named-featured-law-firm/

http://johndoeesq.freeblogit.com/2008/09/30/breaking-legal-news-picks-roth-law-group/


Appeals court reviews ruling on former Qwest CEO
Corporate Governance | 2008/09/26 11:14
The insider trading conviction of former Qwest Chief Executive Joe Nacchio is going back to court.

The full 10th U.S. Circuit Court of Appeals will hear arguments Thursday as judges review a decision overturning Joe Nacchio's April 2007 conviction.

Prosecutors argued he sold $52 million worth of stock when he knew Denver-based Qwest Communications International Inc. was at risk while other investors did not.

In March, a three-judge panel of the appeals court ruled that the trial judge improperly barred testimony from a defense witness. Prosecutors sought a review by the full appeals court, which granted the request.

Still pending is a civil lawsuit the Securities and Exchange Commission filed against former Qwest executives, including Nacchio.



Pa. high court says newspaper can protect source
Breaking Legal News | 2008/09/26 11:13
The Pennsylvania Supreme Court ruled that a newspaper reporter does not need to reveal the identity of a confidential source used in a story about a grand jury investigation into alleged prison brutality.

The 4-1 decision dated Wednesday and released Thursday upholds a lower court ruling that sided with Jennifer Henn and her former employer, the Times-Tribune of Scranton.

Two former Lackawanna County commissioners sued Henn and the paper over a January 2004 story that said they were not cooperative in their appearances before the grand jury.

The Supreme Court said reporters cannot be forced to identify confidential sources — a protection granted by the state's Shield Law.

Grand jury proceedings are secret and state law bars prosecutors, court officials or jurors from discussing such investigations. Witnesses are not barred from discussing their testimony outside the courtroom.

Lackawanna County Judge Robert A. Mazzoni had ruled that the importance of grand jury secrecy outweighed the protections of the Shield Law, but a three-judge Superior Court panel determined that Mazzoni had carved out an improper exception to the law. The high court agreed with the panel.



W.Va. court accepts appeals in $400m DuPont case
Business | 2008/09/26 01:14
West Virginia's Supreme Court has agreed to a full review of appeals arising from a nearly $400 million judgment against DuPont.

A Harrison County jury awarded the damages to residents last year, after finding the chemical giant downplayed and lied about health threats at a former zinc smelting plant in Spelter.

The high court accepted DuPont's appeal of the verdicts, and of the circuit judge's order holding it liable for the conduct of the site's previous owner.

They've been combined with an appeal from the plaintiffs, who want more people compensated for private property cleanups.

The consolidated argument hearing has not been set.

Justice Robin Davis voted to refuse each of the appeals.

Gov. Joe Manchin had urged the justices to accept the case, citing its $196 million punitive damage award.



[PREV] [1] ..[657][658][659][660][661][662][663][664][665].. [1192] [NEXT]
All
Class Action
Bankruptcy
Biotech
Breaking Legal News
Business
Corporate Governance
Court Watch
Criminal Law
Health Care
Human Rights
Insurance
Intellectual Property
Labor & Employment
Law Center
Law Promo News
Legal Business
Legal Marketing
Litigation
Medical Malpractice
Mergers & Acquisitions
Political and Legal
Politics
Practice Focuses
Securities
Elite Lawyers
Tax
Featured Law Firms
Tort Reform
Venture Business News
World Business News
Law Firm News
Attorneys in the News
Events and Seminars
Environmental
Legal Careers News
Patent Law
Consumer Rights
International
Legal Spotlight
Current Cases
State Class Actions
Federal Class Actions
Judge blocks plan to allow i..
Getty Images and Stability A..
Supreme Court makes it easie..
Trump formally asks Congress..
World financial markets welc..
Cuban exiles were shielded f..
Arizona prosecutors ordered ..
Trump Seeks Supreme Court Ap..
Budget airline begins deport..
Jury begins deliberating in ..
Judge bars deportations of V..
Judge to weigh Louisiana AG..
Court won’t revive a Minnes..
Judge bars Trump from denyin..
Supreme Court sides with the..


Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet.
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
Legal Document Services in Los Angeles, CA
Best Legal Document Preparation
www.tllsg.com
Car Accident Lawyers
Sunnyvale, CA Personal Injury Attorney
www.esrajunglaw.com
East Greenwich Family Law Attorney
Divorce Lawyer - Erica S. Janton
www.jantonfamilylaw.com/about
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
  Law Firm Directory
 
 
 
© ClassActionTimes.com. All rights reserved.

The content contained on the web site has been prepared by Class Action Times as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Affordable Law Firm Web Design