The Securities and Exchange Commission (SEC) has charged Jonathan Bristol, a former law firm partner, with aiding and abetting Kenneth Ira Starr's Ponzi scheme by allowing Starr to use his attorney trust accounts as conduits for transferring the funds stolen from Starr's clients to Starr and his two companies for personal use.
Four people, including an executive from an expert networking firm, have been arrested by the Federal Bureau of Investigation (FBI) agents in an operation seen as part of a widening probe into insider trading.
The U.S. Department of Justice (DOJ) has filed a civil lawsuit against energy giant BP Exploration and Production Inc. and eight other companies, accusing them of violating the Clean Water Act and has asked the court to hold them liable without limitation under the Oil Pollution Act for all removal costs and damages caused by the oil spill, including damages to natural resources.
Top-tier law firm Clifford Chance has joined the bonus bandwagon by announcing bonuses that matches the levels of Cravath Swaine & Moore even as some law firms like Cahill Gordon & Reindel and Susman Godfrey have announced fatter payouts.
A federal grand jury has indicted five people in connection with an identity theft and tax fraud conspiracy in the Middle District of Alabama, the Department of Justice (DOJ) and the Internal Revenue Service (IRS) has announced.
Mergers & acquisitions (M&A) activity has surpassed $2.2 trillion for the first year since 2007 and it could be still busier in the coming year, according to Thomson Reuters data.
A Texas lawyer and her estranged husband were found dead on a property they own near Canyon Lake in an apparent murder-suicide incident, investigators claim.
It's tough times for crooks as well, according to the FBI, which released its Preliminary Semiannual Uniform Crime Report today, showing declines in all the major violent crime and property crime categories for the first six months of 2010 compared to the first six months of 2009.
A Detroit-area medical clinic owner has been sentenced to 151 months in prison for his role in a $23 million Medicare fraud scheme, the Department of Justice (DOJ) and Health and Human Services (HHS) have announced.
Howrey's litigation practice co-chair Gary Bendinger has defected with two other partners to Sidley Austin.
A federal jury has found two former engineers of Wyko Tire Technology Inc., guilty of stealing trade secrets from the Goodyear Tire and Rubber Company.
The 7th U.S. Circuit Court of Appeals in Chicago has ruled that lawyers cannot resign to avoid the embarrassment of disbarment.
London's High Court, on Thursday, upheld a decision to free WikiLeaks founder Julian Assange, who has earned the ire of the U.S. government for releasing secret diplomatic cables, on bail.
The Department of Justice (DOJ) has filed a lawsuit against Berkeley School District, Illinois, for refusing to grant unpaid leave to a Muslim teacher who wished to make a pilgrimage to Mecca.
Three pharmaceutical companies have agreed to collectively pay a fine of $421 million to settle charges of inflating drug prices, according to the Department of Justice (DOJ).
Judges in Ohio can be a social media friend to lawyers appearing in their courtrooms but should be careful not to violate ethics rules, the state's apex court has opined.
Former senior U.S. District Judge Jack Camp's judicial decision-making process could have been impaired by drugs or racial bias and aggrieved defendants could request re-sentencing, federal prosecutors have suggested.
Charles Manson, who is serving a life sentence for his conspiracy role in the killing of seven people in the Tate-LaBianca murders in Los Angeles, 1969, has been handed down an extra 30 days on his life term after being found in possession of a contraband cellphone within jail premises.
A significant drop in jobs in the legal sector over the past two months and a sluggish rise in billing rates in 2010 indicate that law firms are still struggling to overcome the economic slowdown.
The much-hyped year-end bonuses offered by Cravath Swaine & Moore and other U.S. law firms are not all that great as they come with conditions attached.
A Pennsylvania-based law firm has been sued for using non-lawyers to review, sign and file foreclosures that caused people to lose their homes.
A three-judge bench of the Second District Court of Appeal in Lakeland, Florida, has ruled that pasting of face photos of 11- and 12-year old children over the heads of nude adult women doesn't amount to child pornography.
The council of the American Bar Association's (ABA) Section of Legal Education and Admissions to the Bar is delaying on deciding whether to accredit foreign law schools because the matter needs more study.
A federal judge in California Court has ordered the destruction of genetically engineered sugar beets after finding that the United States Department of Agriculture (USDA) had likely violated federal law by allowing the plantation of the stecklings without analyzing the potential environmental impact.
Oleg Nikolaenko, a 23-year old Russian, has pleaded not guilty to federal charges that he is the mastermind behind a notorious botnet, dubbed Mega-D, that controlled a network of infected computers and generated some 10 billion spam e-mails daily, or a third of the world's total.
Disgraced Rep. Charles Bernard Rangel (D-N.Y.) has been censured by the U.S. House of Representatives for ethics violation but narrowly escaped expulsion.
A leader of a violent international street gang, the Mara Salvatrucha (MS-13), has been sentenced to 35 years in federal prison for murdering a fellow gang member in 2004.
A federal jury has found a 33-year-old Connecticut man guilty of conspiracy and firearms offenses stemming from an alleged attempt to sell firearms and grenades to what he believed was a white supremacist group.
International law firm Cleary Gottlieb Steen & Hamilton plans to launch Hong Kong practice and wants Norton Rose's China corporate finance head Freeman Chan to lead the new team.
Global law firm Clifford Chance plans to foray into the dynamic Turkish market and expand across South Eastern Europe by opening an office in Istanbul.
