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Is the Magic Circle Becoming the Tragic Circle?
From 1998 through 2001, U.K.-headquartered law firms had astonishingly high growth rates. The last three years have been less kind, and firms are trying to hold on to these gains by the skin of their teeth. The largest and most lucrative mergers and acquisitions deals in Europe are being cherry-picked by U.S. firms, and Europe has seen neither a rise in U.S.-style litigation nor the volume of corporate meltdowns handled by their American counterparts. Partha Bose analyzes who will survive -- and how.The government's case against Apple and and five of the "big six" book publishers is good news indeed for plaintiffs lawyers at Hagens Berman and Cohen Milstein as they pursue their own class action claims against the same crowd of defendants.
Plenty has changed in a decade of investor-state arbitration. But not enough.
Coudert Meltdown May Refuel Firms' China Plans
The decision to break up Coudert Brothers leaves an established China practice group of about 50 attorneys with offices in Hong Kong, Beijing and Shanghai -- a development that is reviving U.S. law firms' interest in the region. Says one observer: "You can assume that there will be a scramble. That's driven by the fact that many, if not most, Am Law 100 and even [Am Law] 200 firms have China aspirations -- and there are far fewer experienced, U.S.-trained lawyers practicing in China than there is demand."Coudert Meltdown May Refuel Firms' China Plans
The decision to break up Coudert Brothers leaves an established China practice group of about 50 attorneys with offices in Hong Kong, Beijing and Shanghai -- a development that is reviving U.S. law firms' interest in the region. Says one observer: "You can assume that there will be a scramble. That's driven by the fact that many, if not most, Am Law 100 and even [Am Law] 200 firms have China aspirations -- and there are far fewer experienced, U.S.-trained lawyers practicing in China than there is demand."An appellate court ruled on Thursday that the Federal Aviation Act preempts the state regulation of all airlines. The decision came in a long-running litigation in which major carriers have been accused of conspiring to keep cargo shipping rates artificially high.
Cite as: Iowa Public Employees' Retirement System v. Merrill Lynch, Inc. 09-3919-Cv, NYLJ 1202472076104, at *1 (2nd Cir., September 14, 2010)Before: Jacobs, Ch.
Turkey's Uzan family still owes Motorola and Nokia billions of dollars from a seven-year-old judgment, but the Uzans are also still after Turkey for billions more in a pending arbitration. Can Motorola and Nokia wind up with a piece of that pie?
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