Two bosses of a marketing company have been banned from acting as directors for a total of 17 years, a government agency said Friday after it found that they breached financial regulations and produced false promotional material to dupe shareholders out of £3.5 million ($4.7 million).
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Marketing Bosses Banned For Duping Investors Out Of £3.5M

Two bosses of a marketing company have been banned from acting as directors for a total of 17 years, a government agency said Friday after it found that they breached financial regulations and produced false promotional material to dupe shareholders out of £3.5 million ($4.7 million).

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PEOPLE

LEGAL INDUSTRY

Girardi Keese Faces Contempt Over Edelson's Theft Claims

Girardi Keese will face a contempt hearing this month stemming from Edelson PC's allegations that the Los Angeles plaintiffs firm and its famed trial lawyer founder embezzled settlement funds meant for the families of plane crash victims, an Illinois federal judge ruled Thursday.

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2 More BigLaw Firms Sweeten The Pot With Bonuses

End-of-year bonus season continued apace Thursday with two more BigLaw firms, Shearman & Sterling LLP and White & Case LLP, announcing cash rewards for their employees.

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Federal Court Cases Dip Amid COVID-19

Federal court caseloads have dropped dramatically since the COVID-19 pandemic hit in early spring, although there were more pandemic-related lawsuits filed in areas such as insurance, securities and contracts, according to data released Thursday by Lex Machina.

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Calif. Judge To Keep Video Status Hearings After COVID-19

A California federal judge overseeing consumers' and app developers' antitrust claims against Google over its Play app store said Thursday he'll continue holding status conferences online "ad infinitum" even after COVID-19 vaccinations become widespread, lauding the time and money saved as well as the benefits to attorneys' work-life balance.

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Intel Asks Federal Circ. To Nix WDTX Judge's IP Trial Transfer

Intel urged the Federal Circuit on Wednesday to stop a Texas federal judge from retransferring an in-person patent trial from Austin back to Waco, saying the judge is trying to rush the case while courthouses around the country are closing their doors to jury trials as the pandemic worsens.

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Legal Staff Productivity Up But Mental Health Declines In 2020

Legal support staff have been heavily affected by the COVID-19 pandemic, with their workloads increasing even as their economic and psychological well-being has taken a hit, according to a study released Thursday by legal tech company Athennian.

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Analysis

Legal Battle May Show Risk Of GC Wearing Too Many Hats

A trail of lawsuits and a messy arbitration involving a former general counsel and his company reveal a cautionary tale about what can happen when an employee is tasked to wear two big hats — one as top legal officer and the other as head of an affiliated business.

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The Road To GC Dotted With Executive Coaches

Thirty-five percent of aspiring general counsel candidates use executive coaches to further their professional development, with most of them considering the process to be a useful tool, according to a study of in-house lawyers released Thursday.

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Marathon Oil General Counsel Resigns From Post

The general counsel for Marathon Oil Corp., the largest independent refiner in the U.S., has resigned, according to its latest securities filling.

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Procopio Taps Managing Partner For New Term

Partners at San Diego-based Procopio Cory Hargreaves & Savitch LLP re-elected the firm's managing partner with nearly 25 years of legal experience to guide more than 180 lawyers in California, Nevada and Arizona who have been working remotely since March due to the pandemic.

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Venable Launches Chicago Office With Construction Group

Venable LLP announced that it has opened a Chicago office as part of a measured approach to expand its U.S. footprint. The firm also hired a group of attorneys from Schiff Hardin LLP to establish a new construction practice in the Windy City.

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Exterro Absorbs Forensic Tech Co. For 9-Figure Sum

E-discovery firm Exterro Inc. is building on its suite of legal software offerings with the acquisition of AccessData, a company specializing in forensic technology, the two entities announced on Thursday.

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Kirkland Alum Confirmed To Military Appeals Court

The Senate on Thursday confirmed a Trump administration lawyer to the U.S. Court of Appeals for the Armed Forces, approving the former Kirkland partner who clerked for prominent conservative jurists to join the executive-branch forum where civilian judges review decisions from the military justice system.

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DOJ Floats E-Filing Rule In Immigration Courts

The U.S. Department of Justice proposed implementing electronic filing across all immigration courts Thursday, allowing immigration attorneys to submit documents, access case files and view court decisions virtually.

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Wells Fargo Can't Duck Black Atty's Suit Over N-Word Incident

A federal judge in Florida preserved a Black attorney's discrimination suit against Wells Fargo alleging a former bank employee called him the N-word, finding the bank must face the attorney's accusation that he wasn't able to open a business account due to his race.

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Artist Sues Law School To Save Underground Railroad Murals

A law school in Vermont won't be able to take down two allegedly offensive murals depicting the slaves in Underground Railroad without a legal fight, according to a lawsuit a painter lodged in federal court this week.

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Coronavirus Litigation: The Week In Review

The Trump administration continues to argue its order blocking certain visa holders from moving to the U.S. was a necessary response to the pandemic, Transportation Security Administration employees say they're owed virus hazard pay, and Norwegian Cruise Line wants out of a shareholder suit claiming it ran a deceptive sales campaign downplaying COVID-19.

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Podcast

Law360's The Term: Suing Candy Makers For Child Slavery

This week, the U.S. Supreme Court weighed whether Nestlé and Cargill can be held liable for supporting child slavery on African cocoa farms, and heard another census case with big implications for congressional power. Law360's The Term catches you up.

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