Calif. Can't Sue City Pols For High Salaries: Judge

Law360, New York (March 18, 2011, 7:48 PM EDT) -- A California judge tentatively ruled Thursday that the state's attorney general cannot recover money from Bell city officials and legislators who paid themselves excessive salaries through local ordinances, finding that public servants can decide their own compensation.

Judge Ralph W. Dau of the Superior Court of the State of California, County of Los Angeles, said that Bell officials, many of whom are also facing criminal charges, had legislative immunity from claims in a civil suit filed in September by then-Attorney General Jerry Brown, now California's governor....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.