Legal News Brief – March 1, 2013
Before you head out for the weekend, check out your legal news headlines from Thomson Reuters News and Insight.
D.C. law firm Patton Boggs lays off lawyers, sources say
The firm, which has more than 550 attorneys in nine offices worldwide, is known best for its lobbying and public policy work in Washington.
Appeals court upholds Mississippi damages cap for personal injury cases
The 5th Circuit upheld the state’s $1 mln cap in a case with direct bearing on pharmaceutical product liability and medical malpractice cases.
Wage-and-hour litigation likely to rise in 2013, law firm says
Cases in which hourly employees claim they were not paid properly, including for overtime or tips, have increased in recent years, according to attorneys from Seyfarth Shaw.
Racy ‘Girls Gone Wild’ video company files for bankruptcy
The company, which has sold millions of the videos and DVDs since 1997, listed a $10.3 mln debt owed to casino owner Steve Wynn stemming from a defamation lawsuit.
Los Angeles asks Supreme Court to overturn ban on Skid Row seizures
The area has one of the nation’s largest populations of homeless people, and the city’s legal fight is seen as having implications for how other municipalities deal with transients.
JPMorgan says London Whale didn’t cause Lehman bankruptcy
According to the bank, the trader Bruno Iksil had nothing to do with allegedly mismarked derivative trades about which Lehman wanted to take his deposition.
Judge dismisses lawsuit against Siemens over alarm company IPO
The lawsuit sought damages from Siemens for canceling an initial public offering by Alarm Funding and two related companies.
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