Legal News

Hedge Fund Losses, Layoffs, Closures, and Fee Cuts
Hedge funds, like other market participants, are both victim and, to some, creators, of the current market crisis. In September, hedge fund investors redeemed an estimated $43 billion of approximately $1...

Investing in a Hedge Fund is Like Joining the Country Club
Yes, "successful" mutual fund and hedge fund managers are just lucky. Here is the math. Why they don't people invest in a boring fund like Vanguard's S&P 500 Index, or PIMCO Total Return? Because then you don't get to say, "I invest with [insert prestigious hedge fund]...

SEC Files Complaint against UK Hedge Fund Advisor Alleging Market-Timing
The SEC filed a civil action in the U.S. District Court for the Southern District of New York against United Kingdom-based hedge fund adviser Pentagon Capital Management PLC (PCM) and its Chief Executive Officer, Lewis Chester...

Hedge Fund Activity In a Bidder
On my final exam last semester the students were asked to advise a hedge fund that has purchased shares of a bidder in a control acquisition of a third party target. The hedge fund wants leverage to break up the...

The value of hedge-fund experience
A lot of asset-management professionals dream of one day running a hedge fund. But in the case of Maxime Carmignac, it looks more like it's the other way around: the heir apparent to the $48 billion Carmignac Gestion fund-management empire is now running an internal $100 million hedge fund as part of her preparations for taking over from her father as CEO, CIO, or both.

Hedge Fund Billionaires Pay Lowest Income Tax Rates
Did you know that hedge fund managers pay a lower income-tax rate than you? Hedge fund managers only pay 15% income tax. How? When you take a draw of your partnership profits, it's treated as income...

Law Enforcement and Criminal Justice Career Choices
Descriptions of law enforcement occupations

Selection of State Supreme Court Judges
How State Court Judges are Selected

Unlawful Retaliation for Sexual Harassment Claim
Title VII retaliatory discharge retaliation requires proof of participation in protected activities

California Supreme Court Proposition 8 Decision
Court Rejects Challenges to Proposition 8, but Finds Marriages Valid

Is Barack Obama a Natural Born Citizen?
Wrotnowski v. Bysiewicz (Supreme Court): Does Obama meet the constitutional requirements to be President

Heart of Atlanta v United States
Supreme Court Decision: Civil Rights Act Protected by Interstate Commerce Clause

Officer Firing Upheld
Pueblo pays $20,000 settlement to rightfully discharged officer.

Personal Injury
Appeals Court Upholds Congressional Legislation

Hedge Funds
alleging companies involved in mortgage fraud.

Ebay Fined
French Court Sets Fine at $61 Million

Tomato Salmonella
Sheetz Convenience Stores agrees to confidential out-of-court settlement with food poisoning victim.

National Association of Realtors
Settlement reached in broker listing antitrust lawsuit, pending court approval.