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Thompson & Knight Lawyer Does "Project Runway" Video Game Deal

Texas Lawyer

Monday, November 2, 2009

Thompson & Knight partner J. Holt Foster has handled video game transactions for many years, but the high-profile deal he just negotiated for Tornado Studios stands out from the pack because it features a photo shoot instead of a shoot-'em-up. He helped arrange an agreement with television show "Project Runway" for his client.

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In-Housers Discuss Risks of Landing in the Hot Seat

The National Law Journal

Monday, November 2, 2009

In-house lawyers at the Association of Corporate Counsel (ACC) annual meeting in Boston recently conferred on ways to combat the rising number of suits and government investigations faced by their ranks. In-house counsel are facing suits from many directions, said Kirk Raslowsky, associate general counsel of the Chubb & Son division of Federal Insurance Co. and a panelist in the malpractice risks seminar.

Companies Need to Take Control of Firms' Fee Arrangements

Corporate Counsel

Monday, November 2, 2009

The practice of law still is a profession, but it is so much more business-like today, says Roderick B. Dorman. Law partnerships, with lockstep compensation arrangements assuring each partner was paid according to seniority, gave way to the commercial meritocracy of the late 1990s and the new millennium. Once upon a time, law partners seldom left established large firms.

Texas Jury Orders $65 Million Dividend in 'Oppressed Shareholder' Case

The American Lawyer

Wednesday, October 28, 2009

The challenge for Diamond McCarthy's trial team was considerable. How do you convince a Texas state court jury that a shareholder who received almost $12 million in dividends last December is "oppressed"? At the six-week trial in Dallas, Diamond McCarthy asked jurors to order ARGO Data Resource Corporation to pay a dividend of $90 million from its total retained earnings of about $145 million.

Digging Deep: Despite Tanking Economy, Business for Service-Sector Franchise Company Hums

Texas Lawyer

Monday, October 5, 2009

Some companies have been downsizing during the turbulent economy of the past year, but in June The Dwyer Group Inc. announced the sale of 44 new franchises, a record month for the Waco-based company. "Ever since the economy tanked, we've been able to survive pretty well because of the industries we're in," says James M. "Duke" Johnston, the company's general counsel and vice president of legal and governmental affairs.

Follow the Money: Factors to Consider When Hiring Forensic Accountants

Texas Lawyer

Monday, October 5, 2009

Large-scale financial scandals, increased law enforcement focus on fraud and corruption, employee embezzlement and kickbacks — all these potential threats to operating efficiently and profitably demand that when the need arisesgeneral counsel understand how to "follow the money" to determine if the company has a problem and, if so, how to solve it.

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