The 7th Circuit, in ruling in favor of a British manufacturer of French press coffee makers, served up extensive dicta about how U.S. courts should interpret foreign law
Goldman Sachs trader Fabrice Tourre has chosen a novel defense against regulators accusing him of fraud: He’s blaming the in-house lawyers. In a filing Monday in federal court, the self-described “Fabulous Fab” denied SEC allegations that he made materially misleading statements or omissions in a 2007 deal involving subprime mortgages
Federal prosecutors are carrying water for a French bank in a 20-year-old civil dispute on two continents by jailing a father and son without bail and charging them with a $33 million tax fraud, according to an emergency motion filed by defense attorneys in the case. Mauricio Cohen Assor and his son Leon Cohen Levy have been detained for allegedly failing to report income from the sale of a New York hotel a decade ago
William Shakespeare’s “Henry V” provided the plot for the Shakespeare Theatre Company’s annual mock trial Tuesday night in Washington, D.C., featuring a collection of high-profile judges and lawyers, including Supreme Court Justices Samuel Alito Jr.
A court in Paris, France, ruled Friday that Google Inc. is breaking French law with its policy of digitizing books, handing the U.S. Internet giant a $14,300-a-day fine until it rids its search engine of the literary extracts.