Archive for March, 2008

For Willkie and Orrick, Paris — Not London — Is the Gateway to Europe

If Daniel Hurstel's agenda on Thursday was anything to go by, the Paris lawful market is in dignified health. The turn of Willkie Farr's office there, Hurstel was frantically attempting to arrange two deals while explaining parts of the organization's tactics in London. The Paris attitude is cautious, but it falls short of the outright pessimism of New York or the uncertainty of London. For Willkie and Orrick, Paris has behove the power base of their European operations as they file a postpone bourgeoning plans to the fore. No comments

Cooley Godward Forms Latin America Real Estate Group

Cooley Godward Kronish is forming a Latin America existent estate squad to be employed with clients seeking to invest in or bare real stratum in the region, including the Caribbean. Thomas O'Connor, the firm's current chair for the real station wont, and Mark W. Lipschutz, of guidance at the firm and the chief superintendent of the existent class establishment Caribbean Property troop, pleasure co-head the fashionable combine. Both lawyers are based in redesigned York. No comments

Tishman Speyer Taps Fried Frank to Lock up NYC Rail Yards Bid

New York's Metropolitan Transportation Authority, the state's largest universal transportation system, has awarded Tishman Speyer Properties the suitably to increase the municipality's West Side rail yards. Representing Tishman in the request respecting proposals process were Fried open and above-board partners Jonathan Mechanic and Stephen Lefkowitz, along with associates Molly Dunham and Daniel Benavides. Tishman's winning sell of more than $1 billion trumped proposals from heavyweights Vornado Realty give and The Durst Organization. No comments

Hotel Bedbugs Don’t Warrant Punitive Damages, Judge Decides

In a ruling of primary satire, a Manhattan judge has scratched a seek for punitive damages in a bedbug box. But the deem, Acting Supreme Court judiciousness Judith J. Gische, let go forward the negligence claims of two Maryland tourists in the interest of bites they continual during a two-night stay at the Milford Plaza pension, and into which they're seeking $2 million in compensatory damages. Gische found that the plaintiffs had failed "to raise a triable issue of fact whether bedbugs are anything more than a bore." No comments

Former Latham Partner Pleads Guilty to Defrauding Clients, Firm

A ex- partner at Latham & Watkins pleaded guilty Friday to defrauding both clients and his own firm by charging them more than $300,000 in actual or faulty expenses. In announcing the delinquent plea of Samuel A. Fishman, a mergers and gain specialist in Latham's New York office from 1993 to 2005, prosecutors distinguished that the firm had reimbursed its clients hundreds of thousands of dollars that had been fraudulently charged. No comments

Rambus Considering Injunction Against Hynix Semiconductor Over Memory Chips

Fresh off a serious courtroom conquest over Hynix Semiconductor and other manufacturers, Rambus says it's everything considered seeking an order against Hynix to incarcerate it from making celebration chips that invade on its patents. Since the U.S. unexcelled Court's resolution, such orders bear been less attend regularly. The specter also brings to the fore the debate during whether obvious holders should be allowed to get an interdict over patents that are used in industry standards, like those at issue here. No comments

Former Sonnenschein Partner Wins Higher Compensation, but Not Complete Victory

A erstwhile Sonnenschein Nath & Rosenthal husband has won his annoyance seeking higher compensation from the firm. Jurors resolute that for the sake of years 2003 and 2004, the set on should have paid Douglas Rosenthal $500,000 per year rather than the over with-$400,000 he received, and that for 2005 and 2006, he should eat received $1,365,000 per year instead of the greater than-$1 million offered by the firm. The jury also awarded Sonnenschein $300,000, finding that Rosenthal and his revitalized firm had interfered with Sonnenschein clients. No comments

Report: New Century’s GC Warned Managers of Subprime Danger

Listening to its GC might in good shape have saved New Century monetary, simultaneously the state's second-largest subprime mortgage lender, from plunging into bankruptcy. That's a person example from a report filed by Michael Missal, appointed by original Century's bankruptcy trustee to winnow the concern's problems. Missal wrote that former New Century general direction Stergios Theologides recognized the excited chance of subprime mortgages and warned older managers about it in a memo in the fall of 2004. But no a person paid distinction. No comments

An Operating System for Law: Online Cases

Carl Malamud and other digital activists are piling up case law in public archives, moving toward a vision of the cobweb in which words in a agreed-upon appreciate's resolution are hyperlinked to other decisions, or to abstract scrutiny, thoroughly the efforts of Internet users organized in group networking collectives. No comments

Federal Judge Blasts Health Care Companies Over Discovery

In a stern request and idea, a federal conclude has rapped a trio of condition be concerned companies for failing to comply with discovery requests. In a wrinkle dispute between the companies and a pharmaceutical affair that sued them, the judge found that the defendants' procure "indubitably and blatantly failed to suffer their finding obligations," and that their reasons on not producing documents, answers and witnesses varied from "unacceptable" and "unpersuasive" to "foolish." No comments

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