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Is the Class Action Fairness Act Burdening Federal Courts?
Congressional Republicans who pushed through the Class Action Fairness Act of 2005 said they hoped to block plaintiffs attorneys from forum shopping and obtaining the lion's share of settlements. But the sponsors probably didn't expect the law to result in a Florida federal judge overseeing a dispute over a senior citizen condominium community's recreation fees. The plaintiffs attorney said the case shows the law's unintended consequences, but others say the federal courts have not become overburdened.Berkadia Expands Financing As U.S. Pulls Back
The commercial mortgage originator and servicer plans to expand its financing of offices, retail properties and hotels, said Hugh Frater, Berkadia's chief executive officer.American Airlines makes progress, only needs deal with pilots union
The CEO of American Airlines' parent said the airline has made progress in rebuilding itself under bankruptcy protection and suggested the company would continue to explore its strategic options.First Capital chair seals two deals worth $239 million
First Capital has positioned itself as a working capital lender to the small and mid-size company sector, where many lenders have pulled back.View more book results for the query "New York Life Insurance"
More GCs Put Outside Litigators on a Budget
Elisa Garcia realizes that no amount of two-for-one coupons or meat lovers' specials will ever turn her law department at Domino's Pizza Inc. into a money-making operation. Instead, the best that she can hope to do as general counsel is to control costs.Would law school warning labels make any difference?
Placing blame is a central component of the law. In the case of what ails legal education, however, it is not very easy to assign.More GCs Put Outside Litigators on a Budget
In a trend that's picking up steam, corporate counsel are increasingly requiring outside litigation firms to submit detailed budgets from the outset of a case. Corporations like getting the budgets partly because they can also be benchmarks for larger evaluation of law firms, says one consultant. In addition, the budgets enable companies to see how well their own attorneys are controlling costs. For their part, litigation partners note the difficulty -- and tension -- potentially caused by the demand.Profile: Friends in the Right Places D. Cameron Findlay, Aon Corporation
D. Cameron Findlay RECENTLY became executive vice president and general counsel of Chicago-based Aon Corporation, but he has been familiar with the corridors of power for over a decade. A former White House insider, Findlay insists that luck is everything in government. His rapid ascent into former president George Bush's inner circle, and ultimately to Aon, proves that good contacts don't hurt, either. The 43-year-old joined Aon from the U.S. Department of Labor, where he was deputy secretary under ElaineCorporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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