Recent Updates
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Bankruptcy court to weigh Revel sale, but loopholes exist
Bankruptcy Law 03/23/2015A bankruptcy court judge will consider — yet again — the proposed sale of Atlantic City’s former Revel Casino hotel to a Florida developer. But the $82 million deal has loopholes that could let the owner, Revel AC, or the purchaser,...
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TiVo gets bankruptcy court approval to buy some Aereo assets
Bankruptcy Law 03/23/2015TiVo said Friday that it has received bankruptcy court approval to buy some assets of Aereo, an online startup that offered a cheaper alternative to cable TV. Financial terms were not disclosed. Aereo filed for Chapter 11 bankruptcy protection in Nov...
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Morgan Stanley to pay $2.6B to settle charges
Corporate Law 02/09/2015Morgan Stanley said Wednesday it has agreed to pay $2.6 billion to settle with the federal government over its role in the mortgage bubble and subsequent financial crisis. The settlement makes Morgan Stanley the latest Wall Street bank to reach a set...
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Nevada court says Strip club dancers are employees
Employment Law 10/23/2014In a legal decision with wide implications for strip clubs in Sin City, the Nevada Supreme Court ruled Thursday that dancers at one Las Vegas club are employees, not independent contractors, and are entitled to be paid minimum wage. The unanim...
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Seattle lawyer left $188 million charitable trust
Legal Careers News 09/09/2014A Seattle lawyer who quietly amassed a fortune by investing his inherited family wealth has left a bequest of nearly $188 million to benefit Seattle Children's Hospital, the University of Washington School of Law and the Salvation Army. Hospital offi...
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Court Won't Hear Appeal Of New York Internet Taxation
Tax Law 09/09/2014The Supreme Court on Monday refused to consider throwing out New York state's taxes on Internet purchases on websites like Amazon.com, a move that could change the way Internet commerce works. The high court refused without comment to hear appeals fr...
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Court in NYC upholds insider trading conviction
Practice Focuses 09/09/2014S. Circuit Court of Appeals upheld the conviction of Zvi Goffer and two others in a case the government had once touted as the biggest insider trading prosecution in history. In all, more than two dozen defendants were convicted, including a one-time...
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Folsom man pleads guilty in $40M investment scam
Corporate Law 09/09/2014The president of a Northern California financial firm has pleaded guilty to wire fraud in an investment scam that bilked more than 300 people out of roughly $40 million. Federal prosecutors in Sacramento say Anthony Vassallo and his associates collec...
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Securities Arbitration & Litigation Attorneys - Conway & Conway
Legal Marketing 09/09/2014With a respected name, the Securities Arbitration Attorneys at Conway & Conway are known within the legal community of New York for their unique and aggressive approach on how they resolve security disputes through arbitration, litigation, and me...
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Iowa top court: Firing of attractive aide is legal
Legal Marketing 09/09/2014e Iowa Supreme Court on Friday stood by its ruling that a dentist acted legally when he fired an assistant because he found her too attractive and worried he would try to start an affair. Coming to the same conclusion as it did in December, the all-m...
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Ex-Ala. postal worker guilty of disability fraud
Employment Law 09/09/2014U.S. Attorneys officials say a former U.S. Postal Service letter carrier has been convicted of disability fraud. Prosecutors say 40-year-old Sean Eric Slaton of Anniston was found guilty last week of eight counts of false statements, 24 counts of wir...
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Court rules against FedEx in drivers' labor case
Employment Law 09/09/2014A federal court has ruled that FedEx Corp. improperly classified about 2,300 drivers in California as independent contractors instead of employees. The decision by a three-judge panel of the Ninth U.S. Circuit Court of Appeals on Wednesday covered dr...