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More U.K. Law Firms Assess Plans to Convert to Alternative Business Structure
Hill Dickinson and Kennedys are the latest top 50 U.K. law firms to confirm plans to convert to an alternative business structure, which permits non-lawyer ownership of law firms. The Solicitors Regulation Authority has received 65 applications from law firms and non-legal companies to convert to an ABS in the two weeks since it began taking applications Jan. 3.Bryan Cave Adds Singapore Partner
International arbitration and commercial litigation specialist Iain Sharp is joining the St. Louis firm from the Singapore office of Kennedys.Suit Over Punk Rockers' Royalties May Never Die
Two of The Dead Kennedys arrived in a San Francisco appeal court last week to confront former lead singer Jello Biafra in a long-running dispute. The hearing focused on the proper ownership of the individual band members' songs and the validity of a 1991 at-will, oral partnership agreement. The profits at stake could be enormous considering the band's original albums continue to sell at the rate of more than 100,000 yearly.Suit Over Punk Rockers' Royalties May Never Die
Two of The Dead Kennedys arrived in a San Francisco appeal court last week to confront former lead singer Jello Biafra in a long-running dispute over royalties and musical rights. It wasn't a pleasant get-together. Biafra accused his former bandmates of swindling him out of money and using his name to promote their ongoing tours. Guitarist East Bay Ray and bassist Klaus Flouride, meanwhile, complained that Biafra defrauded them out of their financial due for their extensive contributions to the band.RBS Writes Off Millions in Halliwells Dissolution
The Royal Bank of Scotland is set to write off up to $23 million in the wake of the breakup of Halliwells. RBS, which was owed substantial sums in corporate debt and partner loans from Halliwells, recovered just over $11 million from the sales, with Barlow Lyde & Gilbert and HBJ Gateley Wareing paying $4 million each. The total is lower than the $18.7 million that RBS had hoped to receive as a result of the sales, a figure which still would have seen the bank make a substantial loss.Will Justice Kennedy recuse again?
One of the more confounding Supreme Court happenings of 2007 was Justice Anthony Kennedy's recusal in two cases involving an important issue arising under the Individuals with Disabilities Education Act. The question, returning to the Court soon, is whether parents can obtain tuition reimbursement for direct placement of their child in a private school special education program without first trying a public school program. If the Court agrees to hear the new case, will Kennedy sit it out again?Ex-Partners Lawyer Up to Keep Cash From Draws They Took as BigLaw Firm Collapsed
Report: Partner Promotions Up by a Third Among U.K. Top 50 Law Firms
Partner promotions among the United Kingdom's 50 largest firms rose by 38 percent this year over last year, reports U.K. publication Legal Week, citing growing market confidence and a series of trans-Atlantic mergers as helping to drive the increase.State AI Legislation Is on the Move in 2024
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