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No one expects executives to suffer any personal financial consequences when they're sued by shareholders. Except, perhaps, Manhattan U.S. district judge Lewis Kaplan. The judge has expressed concerns about a $90 million no-consequences settlement with former Lehman officers that will be paid entirely out of D&O insurance, and wants to know more about the defendants' wealth.
The Score: Fish Reps NFL Players Calling on High Court to End California's Same-Sex Ban
Fish & Richardson IP partner John Dragseth and Emory University School of Law professor Timothy Holbrook are representing Brendan Ayanbadejo and Chris Kluwe on the amicus brief the players have filed with the U.S. Supreme Court in connection with Hollingsworth v. Perry. Plus: Skadden scores in its effort to stop sports gambling in New Jersey, and a private equity firm takes the lead in the bidding for a sports and entertainment giant advised by Hogan Lovells.Why Are There No Puerto Rican Scamblogs?
Compared to its peers in the United States proper, the island commonwealth's three ABA-accredited law schools perform appallingly, yet no one protests.In Korea, Two Legal Education Systems Compete for Status--and Scarce Jobs
Having passed one of the world's toughest bar exams, Korean legal trainees have long enjoyed elite status in Korean society. But they now face competition from students at the country's new law schools.View more book results for the query "*"
Huawei Wins TRO Barring Motorola From Disclosing Its IP, Trade Secrets in Nokia Siemens Deal
Less than a day after filing a suit to block Motorola's planned $1.2 billion sale of its wireless networking business to Nokia Siemens, the Chinese telecom giant Huawei could already claim a victory--though it's far from the last word in the bitter feud between onetime partners Huawei and Motorola.The Churn: Lateral Moves and Promotions in The Am Law 200
Alston & Bird, Simpson Thacher Advise on $2.1 Billion Medical Supply Deal
McKesson Corporation's proposed purchase of medical supply company PSS World Medical follows several other major health care deals this year.Shareholders can't pin blame on law firms unless they can attribute alleged misstatements directly to the lawyers, according to a Third Circuit panel.
The Am Law 100, the Early Numbers: Amid Partner Growth Spurt, Weil's Profits Drop
A year that saw Weil, Gotshal & Manges expand its partnership ranks significantly ended with the firm's gross revenues essentially flat at $1.229 billion and its profits per partner down 8.6 percent to $1.86 million, according to The American Lawyer's reporting.Trending Stories
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