Posts on ‘September 15th, 2009’

Progress has been elusive for minority and women lawyers at New Jersey’s 20 largest law firms over the last year. The proportion of lawyers who are black, Hispanic or Asian declined slightly, while that of women lawyers remained about the same, a New Jersey Law Journal survey finds. The Minority Corporate Counsel Association is studying whether minority lawyers are taking a disproportionate hit during the recession, says its executive director, Veta Richardson.

In the wake of the unprecedented global financial crisis, there has been
a public outcry for greater accountability for executive compensation.
This year, shareholders from more than 100 companies requested the right
to vote on compensation paid to those companies’ executives. These “say
on pay” votes have gained more momentum as the year has progressed.
Attorney Marjorie M. Glover examines the requirements of “say on pay”
legislation and how it will impact companies and their executives.

Attorney General Eric Holder Jr. has decided not to file criminal charges against a former Justice Department official who Senate leaders have said lied to Congress while testifying as part of an investigation into the firings of U.S. Attorneys in 2006. The U.S. Attorney’s Office for the District of Columbia declined to prosecute Bradley Schlozman in January, but Sen. Charles Schumer, D-N.Y., who questioned Schlozman at the original hearing, had called on Holder to re-examine the case.

Authorities have ruled out foul play in the death of a financier accused of using millions of dollars from international investors to fund a lavish lifestyle complete with vacations and personal jets. An autopsy on Danny Pang did not immediately find a cause of death, a county coroner said. Pang pleaded not guilty in July to federal charges of evading currency reporting laws. The case had been set to go to trial next week but was delayed until next August.

Just eight days after hearing oral arguments, the D.C. Court of Appeals has remanded a D.C. Superior Court judge’s decision to remove Hogan & Hartson partner Robert Cave as trustee of a trust set up by a former client. The judges said in their opinion that because “the record on appeal does not include the document creating and containing the terms of the Colleen Boland Family Trust” they were unable to determine whether Cave had violated the terms of the trust.

The Georgia Supreme Court could be the next venue to decide who can recover any damages from the death of a teenager in an accident with a police car: the boy’s parents or the daughter whom he didn’t live to see born. A lawyer for the boy’s parents said it’s a case of first impression in Georgia.