Archive for March 2014

By: Eric Gleysteen In Carnell Construction Corporation v. Danville Redevelopment and Housing Authority,[1] the U.S. Court of Appeals for the Fourth Circuit held that a certified minority-owned construction company can acquire racial identity and therefore has standing to raise race discrimination claims under Title VI of the 1964 Civil Rights Act. Title VI prohibits discrimination…

By: Jason Bailey In United States v. Toyota Motor Corp., the U.S. Department of Justice (“DOJ”) filed a Deferred Prosecution Agreement (“Agreement”) last Wednesday, March 19, ending a four-year investigation of Toyota with a settlement totaling $1.2 billion, the largest financial penalty against an automotive company in U.S. history.[1] Per the Agreement, DOJ will defer…

By: Brandon Kinnard The United States Federal Deposit Insurance Corporation (FDIC), acting as a receiver for a handful of failed banks, filed a lawsuit on Friday, March 14th, against some of the largest banks in the world for allegedly manipulating the London Interbank Offered Rate (LIBOR).[1] Among those being sued are some of the most…

By: Stephen Weiss Legal malpractice claims keep rising, and today, more so than ever before, attorneys must tread carefully to provide competent legal representation. Recently, firm mergers, changes in hiring practices, attorney departures, business pressures to complete work efficiently and precisely, attorneys taking on work they are ill-equipped to handle, and a struggling legal economy…