Take Cover: Where in international law is the legal "cover" for international retribution with military force against Syria? The argument for "anticipatory" self-defense - to take out something before it is used against you or your allies - is gaining favor, CNN reports.
Big Bills: The six biggest U.S. banks, led by JPMorgan Chase & Co. and Bank of America Corp., have piled up $103 billion in legal costs since the financial crisis, according to data complied by Bloomberg.
Baker Bumped: Baker & McKenzie has lost its position as the world's top-grossing law firm, despite posting yet another record financial performance in its most recent fiscal year, The Am Law Daily reports. The firm was bumped from the top spot by DLA Piper.
Plaintiff Payday: Merrill Lynch has agreed to pay $160 million to settle a racial bias lawsuit filed on behalf of 700 black brokers. The payout will be the largest sum ever distributed to plaintiffs in a racial discrimination suit against an American employer, The New York Times reports.
Get Out of Jail: About two dozen Maryland inmates have been released from prison early because of a 2012 Maryland Court of Appeals decision, which determined that determined that in cases tried before 1980, Maryland judges gave juries bad instructions, resulting in unfair trials, the Washington Post reports.
Tax Deal: Switzerland has given the go-ahead to finalize a joint statement with the United States that it hopes will bring to an end a long, costly dispute over Swiss banks that have sheltered U.S. tax evaders, Reuters reports.
Where's My Part?: Customers across the globe are angered by BMW's failure to promptly deliver spare parts to fix their vehicles. The problem: a new supply-management system being introduced in its central warehouse, Bloomberg reports.
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