Top News

Climate change made me do it: Activists press the 'necessity defense'

SPOKANE, Wash. (Legal Newsline) - On Sept. 23, 2016, a group of protesters blocked a Burlington Northern Santa Fe freight train carrying coal in Spokane, Wash., to prevent the earth from warming up. From a scientific standpoint, the action was absurd: Stopping a single trainload of coal could hardly have any more impact on global climate change than the fluttering of a butterfly’s wings in Tanzania.

Judge finds PwC liable to FDIC - only the FDIC - over Colonial fraud

WASHINGTON (Legal Newsline) - A federal judge in Washington has found accounting giant PwC liable to the Federal Deposit Insurance Corp. for failing to catch the multibillion-dollar fraud that took down Colonial Bank, even as she rejected similar claims by the bank and its holding company because they were complicit in the fraud.

FDIC's attack on PwC puts judge behind schedule

WASHINGTON (Legal Newsline) - A federal judge has put a damages trial on hold in the Federal Deposit Insurance Corp.’s multibillion-dollar lawsuit against accounting firm PwC over 2009 failure of Colonial Bank Group, saying she was behind schedule on determining the threshold question of liability.

Peter Angelos, facing the loss of thousands of asbestos lawsuits, wants lawmakers' help

On Dec. 1, the Maryland Court of Appeals, the state’s highest court, is scheduled to hear an appeal of Duffy v. CBS, a 2015 decision that applied Maryland’s 20-year statute of repose to an asbestos lawsuit.

Koch Industries puts Bestwall unit, a small player in asbestos, in bankruptcy

CHARLOTTE, N.C. (Legal Newsline) - Koch Industries has put a division of its Georgia-Pacific unit in Chapter 11 bankruptcy after failing to stem a rising tide of lawsuits by mesothelioma victims who attribute their disease to asbestos-containing drywall compound.

New York contingency fee lawyers not offering discounts, study shows

CLAREMONT, Calif. (Legal Newsline) - A trove of data revealing the contingency fees charged by New York City lawyers suggests that in virtually every tort case, lawyers charge the full one-third allowed under state regulations.

PwC lawsuit tests whether auditors must guarantee against fraud

WASHINGTON (Legal Newsline) - Auditors are paid to make sure a company’s books are accurate. Fraud artists specialize in misleading auditors. So should an auditor pay for the damages caused by a fraud artist?

Will Jerry Brown tilt California Supreme Court against business?

SACRAMENTO, Calif. (Legal Newsline) - At the end of this month, California Supreme Court Justice Kathryn Werdegar is scheduled to retire, giving Gov. Jerry Brown the opportunity to appoint his fourth justice to the highest court in the nation’s most populous state, ending a Republican majority and sealing his influence over the court for decades.

Connecticut trial pits trespasser against taxpayer-owned railroad

NEW HAVEN, Conn. (Legal Newsline) – The facts in Colon v. Metro-North Commuter Railroad are as clear as a jolt from a high-tension power line: Plaintiff Omar Milton Colon trespassed on a railroad right-of-way and illegally climbed high on an electrical pole, where he suffered a shock that left him badly burned and with the loss of both legs below the knees.

$218 million Syngenta verdict exposes biotech firms to whims of foreign regulators

Jurors in the U.S. District Court for the District of Kansas applied centuries-old concepts of negligence and liability to find that Syngenta should have known China would reject imports of any farm products tainted with its Viptera seed.