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Delays Could Cost Mirant $1.15M
Judge D. Michael Lynn in U.S. Bankruptcy Court for the Northern District of Texas in Fort Worth has granted Mirant Corp. an extension on its exit financing until Oct. 2, according to Eric Taube, co-counsel for the official equity committee at Hohmann, Taube & Summer. But the delay will come at a price. Mirant could pay an extra $1.15 million in fees to cover the fifth postponement of a hearing for the $2.35 billion exit loan.Top Patent Litigator Leaving Weil to Launch Plaintiffs-Side Firm
Matthew Powers, cochair of litigation at Weil, Gotshal & Manges, is leaving the firm after 18 years to start his own plaintiffs shop. News of the split, which Powers and Weil described as friendly, came the same day as the announcement that two other patent litigators, including a patent litigation group cochair, had left Weil for Paul Weiss.Covington Repping Top Tech Companies Amid NSA Data Push
Covington & Burling is advising AOL and Microsoft in response to the National Security Agency's secret surveillance data requests, as the ex–government contractor who leaked details about the government's top secret spying program earlier this month to a former Wachtell, Lipton, Rosen & Katz associate seeks asylum in Ecuador with the aid of lawyers from WikiLeaks.Cite as: Corsello v. Verizon New York, Inc., 39610/07, NYLJ 1202472251742, at *1 (App. Div., 2nd, Decided September 14, 2010)Before: Mastro, J.P., Leventhal, Be
The Score: NBA Union's Legal Bills Keep Piling Up
As players get set for a new National Basketball Association season, the union that represents them remains locked in litigation with its former leader. Meanwhile, in other sports law news: a Williams & Connolly partner starts his own sports agency; a trio of litigators helps Mark Cuban beat the SEC; Jeffrey Kessler sizes up collegiate clients; and Lanny Davis signs on to defend the Washington Redskins' name.Desmarais Focuses on His Law Firm after Stepping Down as CEO of His Patent Business
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