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Mass. man accused of killing kin pleads not guilty
Headline Legal News |
2010/09/02 13:53
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pA Massachusetts man accused of killing his wife, two children and mother-in-law pleaded not guilty Thursday to four counts of first-degree murder as a prosecutor described how he left two copies of a letter confessing to the slayings./ppThomas Mortimer IV was arraigned in Woburn Superior Court on Thursday following his indictment last week. He had previously entered not guilty pleas in district court and has been held without bail since his arrest following the killings in June./ppMortimer frowned as he listened to a clerk read an indictment charging him in the murders of his wife, 41-year-old Laura Stone Mortimer, mother-in-law, 64-year-old Ellen Stone, and two children, 4-year-old Thomas Mortimer V, and 2-year-old Charlotte Mortimer. He did not look at his wife's family members, seated in the front row of the courtroom./ppThe family was found beaten and stabbed to death in their Winchester home./ppDistrict Attorney Gerard Leone has said that the slayings followed a fight and ongoing marital discord. Leone said there were signs that Mortimer attempted suicide at the home.
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Quote stuffing a focus in flash crash probe
Legal World News |
2010/09/02 10:52
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pU.S. regulators probing the May flash crash are focusing on a trading practice known as quote stuffing, in which large numbers of rapid-fire orders to buy or sell stocks are placed and canceled almost immediately./ppCFTC commissioner Scott O'Malia told Reuters on Thursday that the futures regulator was reviewing data from Nanex LLC, a trade database developer that issued a study suggesting that computer algorithms used quote stuffing to gain an edge during the May 6 crash./ppThe U.S. Securities and Exchange Commission, which is investigating the crash jointly with the Commodity Futures Trading Commission, is looking at quote stuffing and something called sub-penny pricing, a person familiar with the flash crash probe said./ppThe Nanex study uses market graphics and playful names to illustrate quote stuffing, arguing that high-frequency trading firms do this to flood the marketplace with bogus orders to distract rival trading firms./ppInvestors could make trades under the false impression that those orders were legitimate, only to see liquidity disappear and the market move against them when the orders are canceled -- all in the blink of an eye.
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US investors seek pay for pre-WWII German bonds
Legal News Digest |
2010/09/01 23:26
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| American investors are taking the German government to court in the U.S. over tens of thousands of bonds sold by the country in the aftermath of World War I.pThey're asking federal courts to force Germany to repay the 80-year-old bonds, which today could be worth hundreds of millions of dollars./ppThe German government says the lawsuits are baseless and that bondholders must go through a validation process enshrined in German law./ppBut the bondholders say a nightmarish maze of bureaucratic red tape has been built around the validation process./ppAction has been heating up in lawsuits filed in Miami, New York and Chicago, including a victory for investors last month when an appeals court rejected Germany's attempt to dismiss their case./p |
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Dean From Northwestern Picked to Lead New School
Law School News |
2010/09/01 23:24
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| pThe trustees of the New School, an eclectic university in downtown Manhattan, selected David E. Van Zandt, dean of the Northwestern Law School, on Thursday to be its eighth president. /ppDr. Van Zandt, 57, will replace Bob Kerrey, a former Nebraska senator and presidential candidate, whose nine-year tenure was characterized by a huge expansion of the university, but also by student sit-ins and criticism from the faculty over what his detractors said was an autocratic leadership style. /ppMr. Kerrey, who will be 67 on Friday, announced in May 2009 that he would step down when his contract expired in July 2011. He will instead stay on through the end of December 2010. /ppThe contrasts between the two leaders are immediately apparent. Dr. Van Zandt is an academic, not a politician, and has a reputation for driving change through low-key, data-driven discussion and consensus. Mr. Kerrey is the first to admit he loves controversy and welcomes passionate debate. /ppDr. Van Zandt will be charged with further integrating the disparate pieces of the New School, which has eight academic divisions, including the well-known Parsons the New School for Design and the less-known Eugene Lang College the New School for Liberal Arts. (Among the things Mr. Kerrey was criticized for were those awkward names, part of a branding effort in 2005 that aimed to improve cohesion. Indeed, Dr. Van Zandt said that when he was contacted about the job, he did not know Parsons was part of the New School.) /ppMr. Kerrey centralized much of the university’s administrative and operational functions, but said there was still work to be done to integrate the academic divisions. “It is no longer is a confederation, though there are people who think it should be,” Mr. Kerrey said Thursday. /ppMichael J. Johnston, the chairman of the board of trustees, said the search committee and board were attracted to Dr. Van Zandt’s record of change at Northwestern. “He stood out as a person of balance — not only an academic and someone who loves order and process, and not only a teacher with a passion for learning, but someone who spent 15 years as a really good agent of change at Northwestern.” Mr. Johnston said. /ppHe said the search committee was originally concerned that Dr. Van Zandt’s leadership experience — at a law school — was too narrow, but as the interviews progressed, it was clear he had the breadth they sought. /ppa href=http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/09/06/BA6U1F7B6E.DTL#ixzz0yp2uH1MJ/a /p |
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Stanford team's law books help Afghan students
Law School News |
2010/09/01 23:23
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pIn fall 2007, Afghanistan had a new Constitution and eager students lining up to learn its laws. What it didn't have was law books./ppSeven thousand miles away, two students at Stanford University's law school thought they could help./ppStanford law Professor Erik Jensen smiled as he recalled the two law students, Alexander Benard and Eli Sugarman, standing in his office doorway, asking him to help them write textbooks for law students in Afghanistan./ppI gave them a few ideas, wished them luck and turned back to my computer, he said. But, in the end, I have a hard time looking commitment in the eye and saying no./ppThat year, Jensen, Benard, Sugarman and a handful of classmates formed the Afghan Legal Education Project. They gave themselves a crash course in Afghanistan's laws, politics and history and began writing their first textbook, An Introduction to the Law of Afghanistan, an online version for use at the American University in Afghanistan, a fledgling school in Kabul that was introducing a law program.
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