Banking Industry on the Brink of another Golden Age With 20% Profit Gain
2/12/2011 The banking industry is perceived to be entering another “golden age,” loaded with a huge cash reserve that earnings are predicted to grow by as much as 20% annually in a span of a couple of years. This was revealed by a famous banking analyst, Dick Bove, in an interview over CNBC. Bove said […]
Google’s ITA Software Takeover to Be Challenged Legally by the US Government
2/11/2011 The US Justice Department is getting ready to mount a legal challenge against the online giant Google. This developed after Google acquired ITA Software Inc, a flight information software firm, according to the report made available by The Wall Street Journal. Citing anonymous sources that are familiar with the matter, Wall Street Journal reported […]
Study Finds Limited Job Opportunities for Non-Ivy League Degree Holders
2/11/2011 Signs of economic recovery are sending hopes among the nation’s unemployed. However, a recent study in the journal Research in Social Stratification and Mobility is apparently set to temper down the high hopes felt by some. This is because the study revealed that recruiters coming from the top law firms, investment houses or banks, […]
Hudson Legal to Participate in Legal Tech 2011
2/10/2011 One of the leaders in end-to-end project management and document review, Hudson Legal, has announced its participation in a private CLE session at Legal Tech 2011. E-Discovery 2020 – The Next Generation of Innovation: Practical Advice for Successfully Navigating the 2nd Decade will be held on February 1, 2011, a Tuesday, at 4:00 P.M. […]
Network Groups Warn Comcast about Streaming Live Video Content to iPads
2/10/2011 The plan of Comcast to stream live video content to iPads, as well as other tablet devices, brought forth an outbreak of legal correspondence last week. The correspondence came from a number of cable network groups who made it clear that they have not signified their agreement on any such arrangement. Although the initial […]
State Task Force on Fireworks Signs Off on Recommendations
2/10/2011 The state task force in Hawaii that was mandated to study and submit recommendations on how to curb illegal fireworks has finalized its suggestions on the matter. The panel of lawmakers and representatives coming from the federal, state and county agencies have signed off on the proposals and will now forward them to the […]
Study Reveals Day Laborers Habitually Abused, Underpaid and Denied Overtime
2/10/2011 A study conducted by Seton Hall Law School has revealed the constant abuses done to day labourers. One of the cases mentioned in that study tells of a day laborer spending two weeks hauling tar in the heat being refused payment upon the job’s completion. Across the state of New Jersey, almost 50% of […]
Reports on Immigration Issue Pondered Over By Florida Lawmakers
2/9/2011 Questions on the impact of complex US immigration law on Florida’s tourism industry arose at a 3-hour workshop briefing for lawmakers. Some of those present had expressed reservations in siding with new GOP leaders who favor tougher stand against illegal immigrants. The new Governor, Rick Scott, and Attorney General Pam Bondi have both expressed […]
Soaring Legal Bills Confront Big Banks
2/9/2011 America’s largest banks are being confronted by billions of dollars in legal expenses as a result of their part in the financial crisis. Analysts said this can potentially affect their profits and the gains they made in the stock market last year. The nation’s second largest bank, JPMorgan Chase, revealed that its legal costs […]
Foreclosures Made by Banks Invalid According to Massachusetts Courts
2/9/2011 The ruling made by Land Court Judge Keith C. Long regarding the validity of two bank foreclosures in Springfield, MA was upheld by the Massachusetts Supreme Judicial Court. Judge Long’s ruling states that since the mortgages were not recorded officially as being owned by banks, US Bancorp and Wells Fargo, the foreclosures were therefore […]