University Of Michigan Law School

University Of Michigan Law School News

  • Nasdaq, Libor, Rajaratnam, ‘Pay for Delay’: Compliance

    Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.

  • Affirmative Action Review Expanded by U.S. Supreme Court

    The U.S. Supreme Court expanded its scrutiny of affirmative action in higher education, agreeing to review a Michigan law that would bar public universities from considering race or gender as an admissions factor.

  • Portman’s Support for Gay Marriage a Political Evolution

    Republican Senator Rob Portman of Ohio, voicing support for same-sex marriage with a personal note that his son is gay, joins a bipartisan movement toward a recognition of rights that many Americans are embracing.

  • Republican Senator Portman Now Backs Same-Sex Marriage

    Republican Senator Rob Portman of Ohio, who was on Mitt Romney’s short list as a potential vice presidential nominee in 2012, has reversed his long-held position opposing same-sex marriage, he wrote in a column published today in the Columbus (Ohio) Dispatch.

  • Kevyn Orr Named Emergency Manager of Detroit by Governor

    Michigan Governor Rick Snyder named Washington lawyer Kevyn Orr as emergency manager to lead Detroit out of a financial crisis that threatens to make it the largest municipal bankruptcy in the U.S.

  • Covington, Milbank, Clifford Chance: Business of Law

    Former Democratic congressman Howard Berman, who was chairman of the Foreign Affairs Committee, is joining Covington & Burling LLP’s global public policy and government affairs practice in Washington.

  • Affirmative Action at Colleges Questioned by High Court

    Affirmative action came under attack at the U.S. Supreme Court as Chief Justice John Roberts took the lead in questioning whether universities should continue to give special preference to racial minorities.

  • Affirmative Action Cuts Loom As Colleges Await Ruling

    Universities may be forced to roll back affirmative action programs that date to the 1960s, as the U.S. Supreme Court’s Republican-appointed majority weighs how far to limit the use of racial preferences in admissions.

  • Dell Buyout Is Seen Triggering Lawsuits Over CEO’s Role

    Dell Inc.’s $24.4 billion leveraged buyout probably will draw criticism from some shareholders over a potential conflict of interest for founder and chief executive officer Michael S. Dell.

  • Ex-SAC Manager’s Indictment Boosts Pressure to Cooperate

    The insider-trading indictment of ex-SAC Capital Advisors LP portfolio manager Mathew Martoma sets in motion a criminal trial process that puts new pressure on him to cooperate with the government’s investigation of the hedge- fund firm founded by billionaire Steven A. Cohen.

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