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Chrysler faces more hearings to get Fiat deal OK'd
NEW YORK AP - It may take two more days of testimony for Chrysler to convince a bankruptcy judge that a deal with Italian automaker Fiat is the best way to save itself from liquidation.The automaker needs U.S. Judge Arthur Gonzalez to approve the sale despite protests from a group of Indiana state pension and construction funds that hold less than 1 percent of Chrysler's secured debt.Website Audits are the New Compliance Frontier
The ease with which business and promotion can be launched and carried out on the Internet has created a flood of new exposures, and not only for small businesses and individuals. Large companies and institutions that do not follow a structured protocol regarding their website operations can be exposed to liability as well. The all-important website can, if not monitored, be a business killer.Paul Hastings, Ropes & Gray Announce Korea Offices
Paul Hastings and Ropes & Gray say they have submitted applications to the Ministry of Justice of Korea to launch offices in Seoul. Paul Hastings Korea practice head Jong Han Kim and partner Daniel Kim will man that firm's new office. At Ropes & Gray, Korea practice chair William Kim and partner David Chun will lead the new office.Firms settle behind 'Orange Curtain'
SEVERAL OF THE NATION'S largest law firms have peeled back the "Orange Curtain" to reveal a lucrative market just south of Los Angeles. Since 2000, at least 14 major law firms have opened offices in Orange County, Calif., one of the most populous and fastest growing counties in California whose borders have been dubbed lightheartedly as the "Orange Curtain" by Los Angeles residents.Sheppard Mullin, Ropes & Gray Apparent Winners of Law Firm Race to South Korea
Less than a year after the United States and South Korea passed a free trade agreement allowing international law firms to open for business in the Asian nation, more than a dozen firms have applied to launch outposts there. As of Thursday, two of them are officially up and running.Appeals Court Reverses Summary Judgment in Loan Default
The Georgia Court of Appeals reversed the grant of summary judgment to General Electric Capital Corporation ("GECC") in its action against Mason Logging Company after Mason defaulted on payments for two pieces of heavy logging equipment and GECC repossessed and resold the equipment then sought to recover the deficiency from Mason, holding that the trial court erred in finding that there were no genuine issues of material fact and in making an express determination that GECC's evidence of commercial reasonableness was more credible.State AI Legislation Is on the Move in 2024
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