Legal Questions on the Volcker Rule Raised by Wall Street

2/29/2012   Wall Street and lobbying groups are sending the U.S. financial regulators a not-so-subtle message regarding the so-called Volcker rule asking them to slow down or they may face each other in court. In letters sent to regulators on Monday, the group said that they do not believe the agencies took the time or […]

Despite State Law, Distributors of Medical Marijuana Are Subject to Federal Prosecution

2/28/2012   A district court has ruled that cannabis dispensers are not protected by Montana medical marijuana law from federal prosecution. The court’s decision will reduce the number of doctors who are willing to recommend medical pot to patients. The ruling is also expected to trim down the number of entities that dispense medical marijuana. […]

Law Firms to Increase their Staffs in the Midst of the Marcellus Shale Boom

2/28/2012   The legal landscape in some regions in the United States has been changed by the advent of the multibillion-dollar Marcellus Shale industry. It also has pushed lawyers like Bill Caroselli to focus on oil and gas law practice after a couple of decades of specialization in other fields. Firms that already have lawyers […]

Secrets on Fracking May Be Revealed Under New Disclosure Law of Texas

2/27/2012   Jane Lynn, a resident of Arlington in Texas, is worried about what is in the air that she is breathing the moment she steps out her front door. This is due to the presence of a natural gas drill site operating a mere 1500 feet away from her home. Lynn said, “I think […]

State Legislators Drop California Pollution Bill

2/27/2012   State legislators, under extreme pressure from architect, construction and many other industry groups, killed a bill which would have closed the loophole often used by businesses to escape from pollution lawsuits. AB 1207 was sponsored by Assemblyman Warren Furutani, a Democrat from Long Beach. The bill came into being because of a lawsuit […]

Securities Arbitration Claims against UBS Financial Services Pursued By Klaman & Toskes

2/25/2012   Klayman & Toskes, a Securities Arbitration law firm, today announced that it will continue to pursue securities arbitrations claims against UBS Financial Services with the Office of Dispute Resolution of the Financial Industry Regulatory Authority, or FINRA, on behalf investors who suffered losses in Lehman Brothers 100% Principal Protection Notes. These Notes have […]

Internet Gaming Being Pondered Over By Senate Committee on Indian Affairs

2/25/2012   In the wake of the DOJ opinion regarding Internet gaming, the Senate Committee on Indian Affairs has conducted a hearing Thursday, deliberating on how the tribes would be impacted by the looming Internet gaming industry. The issue was given a serious boost by the Department of Justice when it released a legal opinion […]