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At Long Last, More Delaware Judges
The U.S. Bankruptcy Court for the District of Delaware in Wilmington has gotten closer to getting what it's wanted for years -- more judges -- with the tentative selection of four individuals for the new posts by the Office of the Circuit Executive for the 3rd U.S. Circuit Court of Appeals. The posts were created as part of the bankruptcy reform package passed by Congress earlier this year. Nationally, 28 new bankruptcy judgeships need to be filled, including the ones in Delaware.When Private Equity Limited Partners Fail
Richard F. Hahn and Michael E. Wiles, partners at Debevoise & Plimpton, and Bryan R. Kaplan, an associate with the firm, write that until recently, it seemed improbable that an institutional investor in a private equity fund (limited partner) would be unable to satisfy a capital commitment due to liquidity problems, or would be compelled to file for bankruptcy protection. Under current market conditions, however, they warn that the threat of a limited partner's insolvency is no longer a remote possibility.Consumers Union Faces Product Trial; It Hasn't Lost One Yet
Andrew [email protected] NEW YORK-The last Samurai, Suzuki's knockabout sport utility vehicle, rolled off the assembly line in 1995. The Japanese automaker retired the popular model after just ten years of production. Suzuki lawyer George F. Ball blames the early demise on Consumer Reports magazine, which heavily publicized the SUV's rollover potential.View more book results for the query "Exide Technologies"
Jones Day Taps Long-Timer to Head Atlanta Office
Lizanne Thomas will become the new leader of Jones Day's Atlanta office. She will replace George T. Manning, the partner-in-charge for Atlanta since 2000, who is moving to Dallas to run the firm's office there. "I view my mission as, primarily, vision and growth," says Thomas, who joins a very small group of women in Atlanta running offices of major law firms. She forecasts that finance and restructuring practitioners will be in hot demand over the next few years.Veiled Donation for Judicial Candidacy, While Legal, Raises Questions
Experts in ethics laws said last week that a veiled donation of $1.3 million being used to support J. Michael Wiggins' candidacy for the Georgia Supreme Court demonstrates the limits of laws designed to identify whose money is influencing state elections. "Very seldom am I genuinely shocked by politics, but I find this shocking," said State Rep. Mary Margaret Oliver, who tried in 2005 to strengthen ethics rules to prevent political parties from getting involved in judicial races, which are nonpartisan.Beware the Pitfalls of EU Data Protection Laws
A U.S. company investigating allegations of internal wrongdoing in foreign operations faces the difficulty of complying with local laws that may restrict investigative techniques and remedial steps. This difficulty is particularly acute in the European Union with its strong -- and disparate -- data protection laws applicable to employees' "personal data." Here is an overview of justifications for steps companies may take to avoid frustration of compliance measures and the pursuit of internal inquiries.Corporate Transparency Act Resource Kit
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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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