Broadcom: A federal judge dismissed the criminal stock-options backdating case against former Broadcom executives yesterday, handing prosecutors a tongue-lashing in the process. According to The National Law Jouranal's Amanda Bronstad, the judge said the government had "distorted the truth-finding process" and made a "mockery" of the defendants' due process rights.
Bankrupt: No huge surprise here, but it appears bankruptcy partners have been fairing pretty well during the great recession. A review of bankruptcy rates in New York and Delaware by The American Lawyer found some firms charging above $1000 and hour, "making bankruptcy work as lucrative as it was plentiful in 2008 and 2009."
Microsoft: From The New York Times: "European regulators dropped their antitrust case against Microsoft on Wednesday after the software maker agreed to offer consumers a choice of rival Web browsers. The settlement averted a second costly legal battle for the American software giant."
Post-Identity: Politico is leading off its site this morning with a think piece on Houston's recent election of an openly gay mayor. Its theory: In the country's growing population hubs, the electorate isn't just becoming post-racial; it's leaving behind identity politics as we've ever known them.