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The Bankruptcy Files: Autos, Fat Lasers, and Retailers
Two key lateral hires by DLA Piper in 2011 helped the firm pick up the lead debtors' counsel role to Orchard Supply Hardware Stores, which filed for bankruptcy this week and sought to sell the bulk of its assets to rival Lowe's. Other Am Law 200 firms like Andrews Kurth, Ice Miller, Latham, and Skadden are advising Carbon Motors, Exide Technologies, OnCure Holdings, and Primcogent Solutions in their Chapter 11 cases.Antitrust Matters Loomed Large in Panasonic-Sanyo Tie-Up
A year after it first expressed interest in acquiring its ailing electronics-making rival, Panasonic Corp. announced Thursday that it has successfully secured a majority stake in Sanyo Electric Co. The deal creates one of the world's largest electronics makers and also positions Panasonic as the dominant player in fuel-efficient car batteries, where sales are expected to boom. Sanyo's three largest shareholders ultimately sold Panasonic more than 3 billion Sanyo shares valued at $4.6 billion.As One Lawyer-CEO Steps Down, Others Step Up
Pfizer CEO and former general counsel Jeffrey Kindler surprisingly is retiring after four years as head of the pharmaceutical giant. As Kindler steps aside, other lawyers-turned-CEOs are moving up.The Score: The NFL Agents of The Am Law 200
With the National Football League playoffs less than two weeks away, The Am Law Daily takes a look at the player agents who hail from Am Law 200 firms. Elsewhere in our latest look at sports and the law: an ex-Miller Canfield partner sues the firm over his request for a leave of absence to coach football; a Cooley partner defends his client Roger Clemens; and a Wilmer alum is hired to help turn around the NFL's Cleveland Browns.State AI Legislation Is on the Move in 2024
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