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Lawyers Close Acquisition Despite Hurricane, Market Meltdown
Imagine trying to complete an acquisition without power or cell phone service in a city ravaged by a hurricane, during the midst of a financial meltdown that shot holes in the deal's once-solid financing. That's what lawyers representing ION Geophysical Corp. had to cope with to finish acquisition of Canadian company ARAM Systems Ltd. for $236 million in cash plus ION common stock.
Events Focus on Diversity, Solo and Small-Firm Lawyers
The New Jersey State Bar Association will hold two of its signature events in the coming weeks: the third annual Diversity Summit on Feb. 25 and the fourth annual Solo and Small-Firm Conference on March 2.
An Independent CCO Is a Compliance Program Requirement
As prosecution risks have increased, so has the role of the chief compliance officer. Companies are fast recognizing the importance of elevating a CCO and protecting their independence.
In Patent Feud, MoFo Goes on the Attack
Partner Harold McElhinny is leading the charge for Palo Alto Networks in two lawsuits, including one challenging an established doctrine of patent law.Asia Deal Digest: May 10, 2012
* Linklaters, Weil Gotshal fill up on Chinese Weetabix deal* Herbert Smith unites a Japanese coffee company with a Swiss counterpart* Allen & Overy Helps a Philippine casino operator hit a financing jackpotDaily Decision Service Alert: Vol. 20, No. 40 - March 2, 2011
Daily decision alert.Marshall Petitioners Seek High Court Help
More than 170 supporters of Georgia's John Marshall Law School -- including Atlanta Mayor Bill Campbell and Rep. Bob Barr (R-Ga.) -- are trying to save the school from closing in two years. In an effort to help the school obtain ABA accreditation, the group is asking the Georgia Supreme Court to extend the Aug. 31, 2001, deadline by which the school's students have to graduate if they want to take the Georgia bar exam. If granted, it would be John Marshall's third such extension.A Malpractice Claim Waiting to Happen
When a law firm buys malpractice insurance, how clairvoyant must it be in predicting possible claims? A Hackensack, N.J., firm maybe should have seen one coming, since it purchased its policy at the tail end of an eight-year appeal of a dismissal of a suit as time-barred. According to the carrier, failure to sue on time was malpractice per se, and the firm had a duty to disclose it on the insurance application. A New Jersey appellate court agreed and denied coverage.
Rakoff Rejects SEC's $285 Million Citi Settlement
Publication Date: 2011-11-28 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Manhattan federal district court judge Jed Rakoff has been stewing for years over the SEC's approach to settlements with alleged Wall Street malefactors. In his ruling Monday rejecting the agency's settlement with Citigroup over is marketing of an ill-fated CDO, the judge finally boiled over.
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