The legal landscape is never at a standstill and this morning was ever the reminder of that fact. An array of topics are making headlines today, from the Supreme Court’s examination of bankruptcy tactics to a noteworthy development in the Dallas lawyer murder case.
There seems to be a new push for the Supreme Court to curb the “two-step” bankruptcy abuse scheme. This clever yet questionable tactic allows a company to shed legal liabilities by spinning those to a new entity that subsequently declares bankruptcy. It seems the initiator of this move, despite controversial practices, continually hosts delightful gatherings for Clarence Thomas and his co-judges, leading to speculations that it may not be under threat anytime soon. For detailed coverage, see the report on Reuters.
In-house legal operations are seeming to face an unceasing barrage of geopolitical compliance challenges as reported by Corporate Counsel.
In gun law news, the Ninth Circuit is set to deliberate the California assault weapons ban. It’s worth recalling that the presiding judge in this case has been in hot waters for traumatizing a distressed child during a hearing and apparently no punitive action has been taken against him yet. Refer to the report on Bloomberg Law News for more.
In the commercial sector, the Starbucks union is calling for financial disclosures as per the report on HuffPo.
A juror’s dilemma turns into a professional nightmare, as a solicitor who spent a month in prison for researching a case while on jury duty now faces an 8-year suspension according to LegalCheek.
Prompting sighs of relief for some, charges have been dropped in the case of a Dallas lawyer’s murder as reported by the ABA Journal.
Finally, to maintain a congenial work atmosphere, law firms might need to underplay their profit-centric approach, as suggested by American Lawyer.
For more details, you can visit the original article posted on Above the Law.