JPMorgan Wants Lehman’s $8.6B Lawsuit Moved to Federal Court

REUTERS September 27, 2011 –  JPMorgan Chase & Co (JPM) is asking to move to federal court a lawsuit from Lehman Brothers Holdings Inc accusing it of siphoning $8.6 billion from Lehman’s estate in the days leading up to its record bankruptcy. In court papers filed late Monday, JPMorgan said the case, filed in U.S. Bankruptcy Court, should be moved to federal court in light of the U.S. Supreme Court’s contentious June ruling in former Playboy model Anna Nicole Smith’s inheritance battle. The case, Stern v. Marshall, pitted the late Smith against the estate of her deceased former husband J. Howard Marshall. The court ruled against Smith’s estate, saying bankruptcy courts lack authority to decide claims brought by a bankruptcy debtor against a creditor, unless the claims are fully rooted in bankruptcy law. JPMorgan said in court papers Monday that Lehman’s 49-count complaint goes “above and beyond” bankruptcy law, including accusations of fraud, coercion and breach of contract. Lehman defended the bankruptcy court’s jurisdiction, saying in a Monday court filing that the lawsuit’s allegations carry a bankruptcy context because they challenge JPMorgan’s original proofs of claim against Lehman.  

bitTorrent lawsuit targets thousands

Kin settle last wrongful death 9/11 lawsuit

By Joe Drinell Sept 20, 2011   The 9/11 attacks started here in the Hub and yesterday a Boston family ended the nation’s last wrongful-death case of a loved one murdered in the al-Qaeda airline ambush. “It’s overwhelming right now,” Mike Bavis told the Herald. The Bavis family settled for an undisclosed sum after a tireless fight to expose what went terribly wrong at Logan International Airport on Sept. 11, 2001, when United Airlines Flight 175 was hijacked with 31-year-old Mark Bavis onboard. “It’s over,” Mark’s twin Mike Bavis said last night. Mike Bavis said his family felt they had no choice but to end their decade-long fight after federal Judge Alvin K. Hellerstein ruled earlier this month that the trial would be limited to three weeks and it would be focused on federal regulations possibly violated — not a more powerful wrongful-death case. “Make no mistake about it,” added Mike Bavis, “the change in position of my family is sorely based on Judge Hellerstein’s ruling and manipulation of the law.” Read More @ the Boston Herald

eLawsuit.com: “IBM Attempts to Settle EU Antitrust Law Investigation by Offering Concessions”

IBM offered to give technical information and certain spare parts to other companies that maintain IBM’s mainframe hardware and software It seems as if the European Union (EU) is making a sport out of probing tech companies and charging them billions in fines. For instance, the EU slammed Microsoft with a 1.4 billion fine back in 2008 for violating antitrust laws. The EU has repeatedly attacked the company before and after that. In addition, the EU announced last week that it is still investigating Google’s search dominance, saying that the search giant may have abused competitors. International Business Machines Corp. (IBM) was thrown into two EU antitrust law  investigations last July, where competing suppliers of mainframe maintenance services accused IBM of “discriminatory behavior” in refusing to supply such inputs required for maintenance. The second investigation, which examined whether IBM was unfairly tying its mainframe hardware with its operating system, has recently been closed. A preliminary assessment for the first investigation by the EU found that IBM’s procedures “may amount to a constructive refusal to supply these inputs.” The EU’s executive Commission added, “IBM does not agree with the Commission’s preliminary assessment. It has nevertheless offered commitments…to meet the Commission’s competition concerns.”..   Read More @ DailyTech

eLawsuit.com: The Zuckerberg Lawsuit Video

Checkout this video on the Zuckerberg Lawsuit. Zuckerberg Lawsuit

Breaking @ eLawsuit.com: “Idaho inmates settle prison lawsuit”

September 20th, 2011   BOISE — A potential class-action lawsuit against the nation’s largest private prison company over allegations of violence at the Idaho Correctional Center has been settled in federal court. The agreement between the inmates and Nashville, Tenn.-based Corrections Corporation of America was filed today in U.S. District Court in Boise. In it, CCA doesn’t acknowledge the allegations but agrees to increase staffing, investigate all assaults and make other sweeping changes at the lockup south of Boise. If the company fails to make the changes, the inmates can ask the courts to force CCA to comply. The inmates, represented by the ACLU, sued last year on behalf of everyone incarcerated at the CCA-run state prison. They said the prison was so violent it was dubbed “Gladiator School,” and that guards used inmate-on-inmate violence as a management tool and then denied prisoners medical care as a way to cover up the assaults. CCA has denied all the allegations as part of the settlement, but the agreement is governed under the Prison Litigation Reform Act, which only applies in cases in which prisoners’ Constitutional rights have been violated… Read More @   www.Spokesman.com

High-Profile Lawyer Forced to Wear ‘Electronic Leash’

Sep 19, 2011 - 4:14 - Defense attorney representing himself in murder case strapped with ankle bracelet as court precaution. Check out the video at Fox News

Internet piracy lawsuit prompts copywriter response.(Copyright Infringement): An article from: The Newsletter on Newsletters