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November 2008

November 25, 2008 5:33 PM

Davis Polk on $200 Billion TALF Plan

The firm advised the Federal Reserve in creating a complex new program designed to shake loose more consumer credit.

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11/25/08 Posted by Zach Lowe

BHP Billiton--Rio Tinto Deal Falls Apart

It took 18 months and a half-dozen law firms--and even earned one Slaughter and May partner Dealmaker of the Year honors in the The American Lawyer--but the $60-billion merger between BHP Billiton and Rio Tinto is off.

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11/25/08 Posted by Zach Lowe

Amid Ethics Questions, Rangel Hires Zuckerman Partner

The drumbeat of ethical questions continues for U.S. Rep. Charlie Rangel, with two stories surfacing on Tuesday about questionable conduct. But the Harlem congressman's troubles have meant work for Orrick, Herrington & Sutcliffe and, now, Zuckerman Spaeder.

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11/25/08 Posted by Zach Lowe

Latest Big Auto Emissions Suit Stalls Before Federal Judge

As if the auto industry doesn't have enough problems to deal with, on Tuesday a U.S. district court judge in Rhode Island dismissed all claims filed by automakers challenging state vehicle emissions laws.

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11/25/08 Posted by Brian Baxter

Jury Deliberations Begin in Human Rights Case Against Chevron

Jury deliberations began on Tuesday in San Francisco in Bowoto v. Chevron, in which Nigerian villagers seek to hold U.S. oil giant Chevron liable for human rights abuses carried out by that country's military, including the shooting of unarmed protesters that led to two deaths and numerous permanent injuries.

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11/25/08 Posted by Daphne Eviatar

Jones Day Lawyer Loses in Landmark Terror Verdict

A federal jury in Dallas convicted five individual defendants on charges they engaged in a conspiracy to help funnel at least $12.4 million to Hamas through a Texas-based Muslim charity. Jones Day's John Cline represented Holy Land former chairman Ghassan Elashi.

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11/25/08 Posted by Brian Baxter

THE LONDON LAWYER: U.K. Law Firms Feel the Squeeze

Though nothing in the U.K. legal market comes close to the collapse of Heller Ehrman and Thelen or the upheaval at Cadwalader, the news from London still is bleak with a steady stream of layoffs among domestic U.K. practices and some partners being being de-equitized or shown the door.

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11/25/08 Posted by Richard Lloyd

GM Should Pursue Prepack, Says Lawyer

With General Motors reportedly having reviewed--and subsequently ruled out--the option of a traditional Chapter 11 filing, some observers believe there's another option to be considered: a prepackaged bankruptcy. The Am Law Daily caught up with Ropes & Gray bankruptcy and restructuring cohead Mark Bane to hear about the possible alternative.

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11/25/08 Posted by Brian Baxter

Update for Pellicano Junkies: Christensen Hit with Three-Year Sentence

Terry Christensen, former managing of a major Los Angeles firm, was hit with a three-year prison sentence yesterday for hiring infamous private detective Anthony Pellicano to wiretap an opposing client in a child custody dispute involving billionaire Kirk Kerkorian.

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11/25/08 Posted by Zach Lowe

The Am Law Litigation Daily: November 25, 2008

Edited by Andrew Longstreth

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11/25/08 Posted by Ed Shanahan

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