April 13, 2012

Legal News Brief – April 13, 2012

Happy Friday! Get your legal news headlines from Thomson Reuters News & Insight:

How Jed Rakoff makes the calls
The U.S. District Judge spoke with Reuters about the law, the twists and turns of his career and what he sees as a decline in the ability of lawyers to try a jury case.

What’s next for George Zimmerman?
Being charged with second-degree murder in the shooting of the unarmed black teenager Trayvon Martin is just the beginning. Here’s a look at the legal road ahead.

SEC says ‘Social Capitalist’ bilked churchgoers
Ephren Taylor was charged with fraudulently selling $7 mln of notes said to bear 12 to 20 percent annual interest rates to fund small businesses such as laundries, juice bars and gas stations.

Ex-Lehman Europe clients may get cash this year-PWC
Former clients of the European arm of the investment bank may get paid for the first time, although admistrators warned legal struggles could hold things up.

Apple rejects e-book pricing collusion charge
The company calls allegations that they conspired with publishers over pricing “simply not true.”

U.S. tests rare legal path in financial crisis cases
An Obama administration task force established to investigate misconduct that fueled the financial crisis is turning to a little-used statute that may make such cases easier to bring.

For more legal news, check out Thomson Reuters News & Insight.

April 10, 2012

Keep up with the Healthcare bill using Reuters Case by Case interactive site

It can be difficult and time-consuming trying to keep up with the latest from the Supreme Court on important issues, such as the healthcare bill. To make it easier, Reuters recently launched its Case by Case site featuring an interactive graphic that offers insight into each case the Supreme Court tackles. Case by Case provides summaries of the issues; a look at the lawyers, firms and agencies behind every fight; and links to important legal briefs and headlines.

Check out the latest news on the healthcare bill on the Case by Case site today.

April 9, 2012

Highlights from the 2011 Annual Report

Earlier this week, we released our 2011 Annual Report in an interactive format available online at thomsonreuters.com. Along with information on the company’s financial performance as well as business unit overviews, this year’s annual report contains a variety of dynamic content including interviews with our new business leaders as well as stories of how we are building the future with some of our key customers. 

Check out the video below with Mike Suchsland, president of the Legal business: 

 

Also, watch a the story of how we are helping Nike build connections across their complex global legal function with products such as Serengeti Tracker

Visit thomsonreuters.com to read the full annual report.

April 6, 2012

Legal News Brief – April 6, 2012

Happy Friday! Start your long weekend off right with your legal news headlines from Thomson Reuters News & Insight:

Odds favor IRS in U.S. Supreme Court tax cases
A new study by two tax scholars at U.S. universities, found the government prevailed more than six times out of 10 in cases where it argued that corporations actively abused the tax code.

Trayvon Martin’s shooter gets more legal help
George Zimmerman’s new lawyer, Hal Uhrig, is a former Gainesville police officer who has worked as a legal consultant for several Florida police departments.

Obama seeks to defuse healthcare row with court
Attorney General Eric Holder told an appeals court in a letter that the administration has not sought to limit the power of judiciaries to review laws.

Newt Gingrich’s think tank files for bankruptcy
The Center for Health Transformation, founded by the Republican presidential hopeful, has debts totaling more than $1 million.

Accused LulzSec hacker pleads guilty in Sony breach
Cody Kretsinger pleaded guilty in federal court to his role in stealing personal information, causing Sony over $600,000 in damages.

Karen Peters appointed Third Department Presiding Justice
Andrew Cuomo announced the appointment of the first female presiding justice of the Albany-based Appellate Division.

Madoff wives to face trustee claims in Ponzi case
Irving Picard may pursue claims over alleged unjust enrichment and constructive trust against Deborah Madoff and Stephanie Mack, the wives of Bernie Madoff’s sons.

For more legal news, check out Thomson Reuters News & Insight.

April 6, 2012

ERISA Litigator James Baker Joins Baker & McKenzie

Baker & McKenzie announced in recently that highly regarded ERISA litigator, James Baker joined its North American Compensation & Employment Law Practice as a partner in the San Francisco/Palo Alto office.  Baker’s practice focuses on ERISA litigation and the counseling of employers on ERISA, employee benefit and executive compensation issues.  Among Baker’s most notable cases, he was the lead attorney in five ERISA stock drop class action cases resulting in consecutive client victories using five different legal theories.  He also regularly represents clients in federal district and appellate courts across the country.

“We are very pleased that Jim has joined Baker & McKenzie,” said Rick Hammett, Chair of the Firm’s North American Compensation and Employment Law Practice Group. “Jim is widely regarded as one of the top ERISA litigators in the US, and he joins a strong ERISA litigation practice at our firm.  I know our clients will value his significant experience and insight, particularly in ‘stock drop’ cases, which continue to be an issue for many companies.”

Baker has frequently been cited as one of the top employment law and ERISA litigation lawyers in the US.  Of these honors, he was named as one of the nation’s top 40 best ERISA attorney’s by the National Law Journal, and listed as a leading attorney nationally for ERISA litigation in Northern California Super Lawyers (2005-2011).  For more information about James Baker joining Baker & McKenzie and further details about Baker & McKenzie’s employment law practice, click here.

March 30, 2012

Patent & Trademark Trends: Thomson Reuters Evaluates the State of Global IP

Innovation is often viewed as the key to global economic prosperity. In all corners of the earth, executives, policy makers, government officials, politicians, teachers and entrepreneurs are talking about their hope for “innovation.”  The topic is of equal interest to Thomson Reuters, and after tracking corporate and industry-specific innovation activity for several years we recently released two free reports that showcase twelve technology areas and profile their innovation activity as measured through patent analysis. 

Two key findings from the report include:   

  • Domestic Appliance & Medical Device Patent Volumes Rise: Patent volume in the domestic appliances and medical devices technology sectors  both grew by 12 percent from 2010 and 2011, with a total of 41,189 and 58,592 inventions, respectively, in the last year alone. The next largest growth sector was in Telecommunications, which grew by five percent. 
  • Biotech Debuts on Top Twelve List: Researchers at Thomson Reuters identified the biotech sector as a hot growth area, adding the category to their list of bellwether technology areas for the first time in 2011. Over 25,000 biotech patents were filed worldwide in 2011 in categories that include drug discovery, cancer treatment, diagnosis of diseases and genetically modified crops.

To read the detailed executive summaries and full reports created by using Thomson Reuters Derwent World Patents Index (DWPI) databases and SAEFI on SERION trademark research system, go to 2011 State of Innovation: Twelve Key Technology Areas and their States of Innovation  and  2011 Trademark Report: Trademark Activity, Evolution and Important Changes

March 30, 2012

Legal News Brief – March 30, 2012

Happy Friday! Get your legal news headlines from Thomson Reuters News & Insight:

Abortion rights groups sue to block Okla. personhood vote
Reproductive rights groups filed a lawsuit to block a proposed ballot initiative that would amend the state constitution to redefine a fertilized egg as a “person” under the law.

Tim Tebow apparel sales halted in Nike-Reebok feud
Nike has won a court order blocking their rival from selling New York Jets apparel bearing the name of the popular quarterback in a battle over licensing rights.

Strauss-Kahn’s U.S. legal team argue for civil suit dismissal
The ex-IMF chief’s lawyers said their client’s immunity flowed from a 1947 United Nations convention regardless of whether he acted in an official capacity when the alleged harm occurred.

Hawker Beechcraft readies bankruptcy filing – sources
The aircraft manufacturer said it reached a deal with lenders that will provide a $120 million loan and defer the company’s obligations to make certain interest payments.

California campaign treasurer charged in $7 mln fraud
Kinde Durkee, who controlled the funds of roughly 400 political candidates and groups, is alleged to have used client funds to pay personal expenses.

2nd Circuit presses Dow Co in tax credit case
A decision in favor of Union Carbide — a Dow subsidiary — would widen the scope of the research and development credit, part of the corporate tax code that costs taxpayers roughly $7 bln a year.

Bank of America gets $1 billion Baupost lawsuit dismissed
New York State Supreme Court Justice Barbara Kapnick granted the bank’s motion to dismiss the case by investors who sued under the name Walnut Place.

For more legal news, check out Thomson Reuters News & Insight.

March 27, 2012

Thomson Reuters identifies UK as a leader in dementia research

IP & Science announced this week findings that the quality of dementia research in the UK is second in the world only to the US, despite the low number of scientists working in the field, and that finding a cure can be accelerated by increasing the number of researchers and investment, according to analysis done using the Thomson Reuters Web of Knowledge™

These findings were commissioned by UK’s leading dementia research charity, Alzheimer’s Research UK, and are included in their recent report Defeating Dementia, also outlining 14 recommendations to the UK government.  The organization will use this data to strengthen their case for more investment in dementia research.

Check out the news release to learn more.

March 23, 2012

Legal News Brief – March 23, 2012

It’s Friday and we’ve got your legal news headlines from Thomson Reuters News & Insight:

Preview: Obama healthcare law faces Supreme Court hearing
Justices will hear a modern-day record six hours of arguments in what could be the their most significant ruling since Bush v. Gore.

Three plead guilty under new U.S. hate crimes law
The pleas are the first ever related to the death of a person under a new hate crimes law, known as the Matthew Shepard and James Byrd Jr. Hate Crimes Prevention Act, which was passed in 2009.

Financier Allen Stanford loses bid for new trial
The decision came one day after Stanford’s lawyers said he had been deprived of his rights due to, among other reasons, Twiter use in the courtroom.

American Airlines parent may reject union pacts
AMR Corp is preparing to void union contracts within one week unless there was a “profound change” in the unions’ labor proposals, a lawyer for the company said.

Judge clears killing of salmon-gulping sea lions
States are permitted to kill sea lions who are caught feasting on endangered salmon, as a court battle with animal activists goes on.

N.Y. law requires two forms of bail for defendants: Court of Appeals
In a unanimous decision, the court held that a trial judge erred when he set $20,000 “cash-only” bail for a Bronx man accused of arson and assault.

Oracle investor sues over $200 million settlement
A shareholder claims that CEO Lawrence Ellison and the company’s board tried to “stonewall” a whistleblower lawsuit that ultimately resulted in a higher settlement.

For more legal news, check out Thomson Reuters News & Insight.

March 22, 2012

Thomson Reuters Named to World’s Most Ethical Companies List

Ethisphere Institute, a leading business ethics think-tank, announced their sixth annual World’s Most Ethical (WME) Companies list, and Thomson Reuters was recognized as one of the 2012 WMEs for the fourth consecutive year. The WME honorees were honored at an awards dinner on March 15 in New York where former U.S. Secretary of State Madeleine K. Albright served as the keynote speaker.

Former U.S. Secretary of State Madeleine K. Albright. Credit: Billy Hunt

“Our Trust Principles are an integral part of the way we do business,” said Deirdre Stanley, executive vice president and general counsel, Thomson Reuters. “Being named one of Ethisphere’s 2012 World’s Most Ethical Companies for the fourth consecutive year shows that we consistently strive to make a positive impact on society and we are honored to be included.”

“A strong ethical foundation is a competitive advantage, and Thomson Reuters recognizes the important role corporate responsibility plays in improving its bottom line,” said Alex Brigham, executive director of the Ethisphere Institute. “As more and more organizations strive for this honor each year, the inclusion of Thomson Reuters as a World’s Most Ethical Company for 2012 demonstrates its industry-leading commitment to ethics and dedication to integrity.”

Out of a record number of nominations for the award, Thomson Reuters secured a hard-earned spot on the list by implementing and maintaining upright business practices and initiatives that are instrumental to the company’s success, benefit the community and raise the bar for ethical standards within the industry.

Read about the methodology and view the complete list of the 2012 World’s Most Ethical Companies and view the announcement of Thomson Reuters being named a WME.

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