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Star Turn for Some Hollywood Newcomers
When Summit Entertainment needed an attorney to help promote its new vampire movie, "The Twilight Saga: New Moon," general counsel David Friedman turned to an old colleague from his former Paramount Pictures job. That lawyer, Nancy Derwin-Weiss, had moved to Wildman, Harrold, Allen & Dixon and helped it break through the barriers that have frustrated more than one East Coast firm's ambition to go Hollywood. And at least three other firms from outside California are using similar tactics to get into entertainment law.At the Justice Department, Mendelsohn pushed to make Foreign Corrupt Practices Act cases a priority. In so doing, he generating a boom in demand for FCPA defense lawyers. Now he--and his new firm--are poised to benefit from his entry into the market he created.
Subway Founder Has a $5 Billion Lawsuit on His Plate
The sandwich maker's president Fred DeLuca has been socked with a multibillion-dollar lawsuit for allegedly stealing his business partner's dream to build the first eco-sustainable city in Florida.Bar Drafts Loan Forgiveness Propsal
BY THE end of the month, members of the New York State Bar Association Executive Committee will have in their hands a draft proposal that would offer law school debt relief to young attorneys in return for devoting at least part of their careers to government or public interest law.2nd Circuit Rejects Malpractice Suit Against Plaintiffs Firms
The 2nd Circuit has ruled that two prominent plaintiffs firms aren't liable to former clients for failing to sue Arthur Andersen in a securities fraud suit stemming from the largest Ponzi scheme in U.S. history. Counsel for Kirby, McInerney & Squire and Bernstein Litowitz Berger & Grossman noted the irony of class action firms being sued in a class action. "They're usually accused of suing every deep pocket in sight," Bertrand Sellier said. "Here they're exercising restraint and they get sued for it."As Norex, the first plaintiff whose RICO case was dismissed on Morrison grounds, refashions its lurid allegations as a New York state case, a Brooklyn federal judge has cited Morrison in his dismissal of a similarly provocative RICO case against RJR.
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