LexisNexis® Legal Newsroom
Eli Wald on Outside Counsels Aiding and Abetting Liability under the Federal Securities Statutes, In re Refco, Inc., Sec. Lit., 609 F. Supp.2d 304 (S.D.N.Y. 2009).

In In re Refco, Inc. , the District Court for the Southern District of New York held that secondary actors are not liable for aiding and abetting violations of the federal securities statutes. This Emerging Issues Analysis, written by Professor Eli Wald, a legal ethics expert, summarizes the pertinent...

Eli Wald on Judicial Disqualification under the Due Process Clause of the Fourteenth Amendment, Caperton v. A. T. Massey Coal Co., Inc., et al, 2009 U.S. LEXIS 4157, 129 S. Ct. 2252 (2009).

In Caperton v. A. T. Massey Coal Co., Inc. , the U.S. Supreme Court explored whether a justice who received extraordinary campaign contributions from the board chairman and principal officer of appellant corporation violated the Due Process Clause of the Fourteenth Amendment when he denied a recusal...

Eli Wald on Enforcement of Contracts Which Violate the Rules of Professional Conduct

In Patterson v. Law Office of Lauri J. Goldstein PA , 980 So. 2d 1234 (Fla. Dist. Ct. App. 4th Dist., 2008, the Florida court of appeals explored whether a fee-sharing agreement between a lawyer and a paralegal which violated the Rules of Professional Conduct could be enforced against the attorney. ...

Eli Wald on Assignability of Unpaid Legal Fees Lawsuits, Burnison v. Johnston, 277 Neb. 622 (Neb. 2009).

In Burnison v. Johnston , the Supreme Court of Nebraska held that a law firm may assign its right to collect unpaid legal services. This Commentary, written by Professor Eli Wald, a legal ethics expert, summarizes the pertinent legal issues decided by the Court and provides important insights for practitioners...

Eli Wald on Assignability of Malpractice Lawsuits, Taylor v. Babin, 2009 La. App. LEXIS 724 (2009)

In Taylor v. Babin , the Louisiana Court of Appeals held that assignability of malpractice lawsuits contradicted public policy considerations. This Emerging Issues Analysis, written by Professor Eli Wald, a legal ethics expert, summarizes the pertinent legal issues decided by the court and provides important...

Eli Wald on the Use of Credit Cards to Pay for Legal Services, Virginia State Bar Standing Comm. on Legal Ethics, Op. 1848, 2009 Va. Legal Ethics Ops. LEXIS 1 (April 14, 2009)

Clients use of credit cards to pay for legal services has become commonplace. This opinion explores whether lawyers may pass along transactional fees charged by credit card companies to clients who are using credit cards to pay legal fees. This Emerging Issues Analysis, written by Professor Eli Wald...

Eli Wald on Dropping "Hot Potatoes," Metropolitan Life Insurance Co. v. The Guardian Life Insurance Co. of America, 2009 U.S. Dist. LEXIS 42475 (2009)

In Metropolitan Life v. The Guardian Life Ins. Co. , the District Court for the Northern District of Illinois rejected a broad interpretation of the "hot potato doctrine" relating to motions to disqualify opposing counsel. This Emerging Issues Analysis, written by Prof. Eli Wald, a legal ethics...