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In-House Counsel Profile: Hillshire Brands Co.'s Kent Magill
Before joining Hillshire, Kent Magill was Hostess Brands Inc.'s general counsel. He helped guide Hostess through its first bankruptcy in 2009 and left after it filed its second bankruptcy, in 2011.Deals Update: Southern Union Drama Continues; Deutsche B�rse Shareholders Back NYSE Deal
Villanueva v. Amica Mutual Insurance Co.
Where defendant-insurer's unilateral mistake regarding the limits of its policy was material to and an essential basis for its settlement offer, and there is no indication that its conduct reflected anything other than simple negligence or that plaintiff has suffered any legal prejudice as a result of that mistake, it would be unconscionable to enforce the settlement; defendant was entitled to rescind the settlement and the complaint to enforce it is dismissed.What Every Firm Wants for Holidays: Wal-Mart as M&A Client
Wal-Mart is the only company in the Dow 30 to see gains in its stock price this year. Even with M&A deals at record-setting lows amid the still-unfolding credit crisis, the retailing monolith continues to grow. Case in point: The company's announcement on Dec. 19 of its $2.7 billion offer for Chilean supermarket chain Distribucion y Servicio D&A. And Wachtell, Lipton, Rosen & Katz is the lucky firm that's locked up the high-end M&A work for Wal-Mart.Olympics Could Spark Doping Suits by Athletes
Attorneys for a Dutch soccer star who escaped a doping allegation with a minor penalty say the International Olympic Committee faces increasing pressure -- including the possibility of class actions by athletes in the United States -- to re-examine inflexible doping regulations before the 2002 Olympic games. One attorney warned "If the standards are arbitrary, or if they are enforced arbitrarily, that could mean action in the United States."Trending Stories
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