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Lawyer Who Turned Down $8M Settlement Wins $130M in Retrial
May 10, 2013
A New York lawyer says he feels vindicated after winning $130 million for a medical malpractice client in a third trial of the case. Lawyer Thomas Moore had turned down an $8 million settlement before the first trial in 2009 and then lost the case, the New York Post reports. An appeals court ordered a retrial, which ended last year in a hung jury. Moore won $130 million this week in a Suffolk County trial. The suit had claimed St. Charles Hospital in Port Jefferson erred during the birth...
May 10, 2013
A New York lawyer says he feels vindicated after winning $130 million for a medical malpractice client in a third trial of the case. Lawyer Thomas Moore had turned down an $8 million settlement before the first trial in 2009 and then lost the case, the New York Post reports. An appeals court ordered a retrial, which ended last year in a hung jury. Moore won $130 million this week in a Suffolk County trial. The suit had claimed St. Charles Hospital in Port Jefferson erred during the birth...
Burford Inks Deal with Chevron, Says Patton Boggs Hid Truth About Ecuadorian Plaintiffs
May 10, 2013
In its effort to discredit lawyers holding an allegedly fraudulent $19 billion environmental judgment against it, Chevron Corporation has found an unlikely ally: Burford Capital, the world's largest litigation financing company, which in 2010 agreed to invest up to $15 million in the worldwide effort to enforce the mega-judgment.
May 10, 2013
In its effort to discredit lawyers holding an allegedly fraudulent $19 billion environmental judgment against it, Chevron Corporation has found an unlikely ally: Burford Capital, the world's largest litigation financing company, which in 2010 agreed to invest up to $15 million in the worldwide effort to enforce the mega-judgment.
The Citation and Depreciation of U.S. Supreme Court Precedent
May 10, 2013
An enduring piece of legal wisdom contends that the value of court opinions depreciates as they age and a variety of factors lead some cases to depreciate faster than others. We measure depreciation as the change in the frequency with which Supreme Court cases are cited as a function of their age. We then examine whether the rate of depreciation varies systematically based on ideological considerations, opinion characteristics, and citation history. Our results indicate, first, that precedents depreciate...
May 10, 2013
An enduring piece of legal wisdom contends that the value of court opinions depreciates as they age and a variety of factors lead some cases to depreciate faster than others. We measure depreciation as the change in the frequency with which Supreme Court cases are cited as a function of their age. We then examine whether the rate of depreciation varies systematically based on ideological considerations, opinion characteristics, and citation history. Our results indicate, first, that precedents depreciate...
SCOTUS ‘Simply Irrelevant’ To Daily Work of Trial Courts According to Federal Judge
May 10, 2013
Senior U.S. District Judge Richard Kopf of Nebraska isn’t afraid to criticize the U.S. Supreme Court. Sometimes the court “can really screw things up,” Kopf writes at his blog Hercules and the Umpire. As an example, he offers the 2005 U.S. Supreme Court decision in United States v. Booker, which effectively made the federal sentencing guidelines advisory. “If haphazardly injecting chaos into a system is a good thing, the Supreme Court is very good at that,” Kopf writes. But much...
May 10, 2013
Senior U.S. District Judge Richard Kopf of Nebraska isn’t afraid to criticize the U.S. Supreme Court. Sometimes the court “can really screw things up,” Kopf writes at his blog Hercules and the Umpire. As an example, he offers the 2005 U.S. Supreme Court decision in United States v. Booker, which effectively made the federal sentencing guidelines advisory. “If haphazardly injecting chaos into a system is a good thing, the Supreme Court is very good at that,” Kopf writes. But much...
Houston Court Refuses to Grant Mandamus Relief After Motion to Compel Arbitration is Denied
May 9, 2013
Houston’s First District Court of Appeals has denied a company’s petition for a writ of mandamus after it failed to file...
May 9, 2013
Houston’s First District Court of Appeals has denied a company’s petition for a writ of mandamus after it failed to file...
Bankruptcy Filings Down 14 Percent for March 2013
May 9, 2013
Bankruptcy filings for the 12-month period ending March 31, 2013, fell 14.4 percent when compared to bankruptcy filings...
May 9, 2013
Bankruptcy filings for the 12-month period ending March 31, 2013, fell 14.4 percent when compared to bankruptcy filings...
Software: The Attorney Who Is Always on the Job
May 9, 2013
In the legal arena's contest of man versus machine, the U.S. Justice Department has given a big boost to the machines. Department officials reviewing the proposed merger of Anheuser-Busch InBev NVBUD -1.56% and Mexico's Grupo Modelo GMODELO.MX -0.26% SAB recently approved a request to use software—rather than a horde of lawyers—to determine which documents needed to be turned over to the government. Cases involving large companies often require legal counsel to sift through...
May 9, 2013
In the legal arena's contest of man versus machine, the U.S. Justice Department has given a big boost to the machines. Department officials reviewing the proposed merger of Anheuser-Busch InBev NVBUD -1.56% and Mexico's Grupo Modelo GMODELO.MX -0.26% SAB recently approved a request to use software—rather than a horde of lawyers—to determine which documents needed to be turned over to the government. Cases involving large companies often require legal counsel to sift through...
Beyonic Wins the IBM Global Entrepreneur Pitch Competition
May 9, 2013
Beyonic, a company whose software connects major global finance sources with payment networks in the developing world to facilitate...
May 9, 2013
Beyonic, a company whose software connects major global finance sources with payment networks in the developing world to facilitate...
How Does a Self-Driving Car Work?
May 9, 2013
CARS that can drive themselves, a staple of science-fiction, have started to appear on roads in real life. Google’s self-driving vehicles are the best-known, but most carmakers are also developing them. In 2011 BMW sent a robotic car at motorway speeds from Munich, the German carmaker’s hometown, to Nuremberg, about 170km away (with a driver on board just in case). Audi got a self-driving TTS Coupe to negotiate 156 tight curves along nearly 20km of paved and dirt road on Colorado’s Pikes Peak,...
May 9, 2013
CARS that can drive themselves, a staple of science-fiction, have started to appear on roads in real life. Google’s self-driving vehicles are the best-known, but most carmakers are also developing them. In 2011 BMW sent a robotic car at motorway speeds from Munich, the German carmaker’s hometown, to Nuremberg, about 170km away (with a driver on board just in case). Audi got a self-driving TTS Coupe to negotiate 156 tight curves along nearly 20km of paved and dirt road on Colorado’s Pikes Peak,...
Predictive Analytics Help Lawyers Make Precise Decisions
May 9, 2013
Cheap storage and fast computers have accelerated information production. We create more information every two days than...
May 9, 2013
Cheap storage and fast computers have accelerated information production. We create more information every two days than...
