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Federal Diversity Jurisdiction Trumped by “Stateless Partners” in Law Firms

Recently the U.S. District Court for the District of Columbia dismissed a lawsuit brought by the court-appointed receiver for the estate of the Stanford Ponzi scheme. (Ralph S. Janvey v. Proskauer Rose) Among other reasons including limitation and bad faith and forum shopping alluded by the D.C. Circuit and the defendants, the main reason that stood out for dismissing the case was the “stateless” status of certain partners of the law firms who had been sued.

NY Code Dispute Suit Criminalizes IP Theft

IP litigation is about to take a sharp turn, now that Wall Street could lose money. Though the bank executives responsible for the 2008 recession escaped prosecution, others are getting hit, as large firms have changed the way IP law works, criminalizing it, instead of regarding it as a dispute of contract litigation. Kang Gao, who worked for New York City's Two Sigma Investments, is one among a handful under fire to try the precedent of jailing coders. He is accused of stealing source code, the electronic equivalent of trading strategies. Such code is considered among the most important assets a firm holds, as it allows high frequency trading (HFT) to gain a microsecond on their competition and give them the competitive advantage.
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Levin College of Law, University of Florida


Snail Mail: University of Florida Levin College of Law, PO Box 117621, Gainesville, FL
32611-7621

School URL: http://www.law.ufl.edu/

Alumni URL: http://www.law.ufl.edu/alumni/




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ABA Could Waive LSAT Requirement for 10 Percent of Students
By Jim Vassallo

  According to the American Bar Association, the LSAt could be waived for 10 percent of law school admits beginning in the month of August, as reported by the Central Florida Future.The proposal comes from the governing council of the ABA Section of Legal Education and Admissions to the Bar. It was meeting to perform a comprehensive review of law school qualification standards.Should the proposal pass, students have the possibility of being accepted to an ABA-approved law school without ever takin...

Posted on: 07/20/2014 07:42 PM
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Student Profile sponsored by LawCrossing

Phillip C. ''Otiss'' Brown Wants To Teach Law and Simplify It For Others

 
Phillip C. ''Otiss'' Brown Wants To Teach Law and Simplify It For Others
By Nabeal Twereet

Personal Life

Phillip C. "Otiss" Brown is a second year law student at Taft Law School in the JDET program, a specialized Juris Doctor Degree and anticipates a December 2013 graduation. He plans are to be a Law school Professor, teach at a local college and also teach in the local High School and he hopes that would be Pelahatchie High.

Law School Profile sponsored by LawCrossing

University of Michigan Ann Arbor School of Law

University of Michigan Ann Arbor School of Law

The University of Michigan Ann Arbor School of Law or the Michigan School of Law as it is popularly known is one of the oldest law schools of the U.S. and it consistently ranks among the top 10 law schools of the U.S. in rankings published by different sources and organizations. Michigan Law School is considered to have one of the best campuses and collegiate environment among U.S. law schools.

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