For those of you who are envious of BigLaw bonuses, consider this: For working on the Fen-Phen settlement, David Helmers — a Kentucky SmallLaw associate fresh out of law school — received a $3 million bonus, and a new car.
That was in 2001. Now, Helmers, 39, is the government’s first witness in the trial of [...]

There it is, the ubiquitous red cross, used to brand everything from watches, to bandages, to international aid. A decision Wednesday by a federal judge in Manhattan means its ubiquity will live on.
Last year, Johnson & Johnson sued the American Red Cross for licensing the symbol to commercial partners, such as Target, who sell Red [...]

Without shedding any light on why he did it, David Tuason pleaded guilty yesterday to six counts of mailing threatening communications and two counts of threatening interstate communications. AUSA Dean Valore estimated that Tuason, 46, sent more than 200 racially hateful letters or emails, many to black or mixed-race men seen with white women. Recipients [...]

The SEC Pushes Banks on Liquidity Disclosures: Exhibit A As noted in this WSJ article last week, SEC Chairman Cox said in this speech that the four largest investment banks are being pushed by the agency to provide better disclosure...

The program and participants list for the Federalist Society Consumer Credit Protection Conference has been updated. The program will be Tuesday May 20 at the National Press Club. Information and registration...

A fractured Tax Court yesterday refused to reconsider its holding in Ewing v. Commissioner, 122 T.C. 32 (2004), holding that the determination of whether a taxpayer is entitled to innocent spouse relief under § 6015(f) is made in a trial...

Bobby L. Dexter (Chapman) has published Shock, Awe, & Expropriation: The Act of State Doctrine and Loss Deductions Under Section 165 of the Internal Revenue Code, 82 Tul. L. Rev. 849 (2008). Here is the abstract: The Act of State...

"The principal founder and former Chief Executive Officer of PurchasePro.com, Inc. . . . , a now-defunct internet company that specialized in business-to-business commerce ('B2B')" was found guilty after a bench trial of "conspiracy to commit securities fraud, securities fraud...

Corn and soybean farmer Roy Cook walks back to his tractor while working on a field in Tallula, Ill. Some opponents of the bill protest payments that would go to farmers with adjusted gross incomes of $750,000. Sen. Ken Salazar says that figure doesn't include the costs of running a farm. (Seth Perlman, The Associated Press )

DOJ - Two Individuals Indicted on Charges of Conspiracy and Bribery in Connection with a U.S. Army Corps of Engineers News Orleans Levee Reconstruction Project Houston Chronicle - Court Upholds Punishment for Ex-Reliant Trader DOJ - Oregon Man Pleads Guilty...