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Tyco to Settle Class Action Suit Over Undersea Cable Venture for $79M
A $79 million settlement has been reached in a long-running class action suit that accuses Tyco International of misleading investors in its undersea cable subsidiary, TyCom. The parties reached a deal on April 13 that would end the 7-year-old suit, and the plaintiffs moved on Monday for preliminary approval from U.S. District Judge Garrett Brown Jr. in Trenton, N.J. The settlement, if approved, calls for class counsel to petition the court for attorney fees, to be paid out of the settlement amount.McKenna Does Defense For BlackBerry, As Outage Looms
Alyson M. [email protected] lawyers and other BlackBerry users prepare for a possible shutdown of service, attorneys at Atlanta-based McKenna Long Aldridge are defending the patent case for the device's maker, Research In Motion.The McKenna team is led by Gordon D. Giffin, who met one of RIM's founders while he was U.On the Rise: Katherine V. Hernacki
Taking risks has paid off for Katherine V. Hernacki. It was a risk a year and a half ago to leave business law firm Bryan Cave and a nine-year relationship with her mentor, celebrity plaintiffs' attorney L. Lin Wood Jr., and start a solo plaintiffs' practice. "Lin always told me-go be a trial lawyer," says Hernacki.Paul Hastings Advises Shuanghui on $4 Billion Loan Facility
The Chinese meat processor is planning to use the money to fund its acquisition of Richmond, Va.-based Smithfield Foods.Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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