April 03, 2006 | Daily Report Online
HealthSouth coughs up healthy profits for attorneysBy Andy Peters, Staff Reporter HealthSouth Corp. has helped lots of lawyers become more prosperous in recent years.The Birmingham, Ala., company expects eventually to pay a total of about $147 million in legal fees for litigation expenses incurred since 2003, according to the company's annual report, which was filed on Wednesday.
By Andy Peters
5 minute read
February 11, 2008 | Daily Report Online
Democratic GC ponders what's next for raceThe deadlock between Hillary Clinton and Barack Obama has Michael K. Jablonski, the general counsel of the Georgia Democratic Party, imagining some unusual scenarios that could decide the race.Litigation is possible over the fate of delegates from Florida and Michigan, he said, although he is skeptical either candidate could achieve much in the courts.
By Andy Peters
6 minute read
September 08, 2006 | National Law Journal
Lawyers find new way around billable hourClients distrust them. Associates abhor them. Some lawyers, allegedly, abuse them and find their bar licenses stripped as a result. But billable hours remain the foremost currency by which law firms calculate what to charge their clients. But some law firms are trying powerful software programs that could give lawyers alternatives to checking off timesheets.
By Andy Peters
5 minute read
March 29, 2006 | Daily Report Online
DealWatch: Serologicals,Sealy, Dana,Equifax, DeltaBy Andy Peters, Staff ReporterG. Roth Kehoe II, a partner at King Spalding, advised Serologicals Corp. on its recent $75 million purchase of a Missouri company that makes products for medical research.Closely held LINCO, based in St. Charles, Mo., sells products specifically used in the detection of secreted proteins.
By Andy Peters
5 minute read
April 30, 2009 | Daily Report Online
Deal Watch: Equitable Building is in hands of receiverIt's something that Atlanta's commercial real estate market hasn't seen in quite some time-the foreclosure of a trophy office tower. Even more unusual, according to real estate lawyers, is the appointment of a receiver to seize control of the building.That's what has happened with the Equitable Building, a landmark 33-floor downtown office tower.
By Andy Peters
7 minute read
April 02, 2009 | Daily Report Online
Deal Watch: Chapter 11 work slows, surprisinglyWith the likes of Lehman Brothers, Circuit City and Charter Communications filing for Chapter 11 protection in the past year, bankruptcy lawyers are as busy as ever. The market for debtor-in-possession loans, one of the primary means of funding companies in the midst of restructuring, is robust, but some Atlanta bankruptcy lawyers who advise corporate debtors and creditors say they're not as busy as they should be.
By Andy Peters
6 minute read
October 19, 2006 | Daily Report Online
Deal Watch: Jones Day fuels up Eastman Chemical saleAS PART OF its strategy to dispose of business assets, Eastman Chemical Co., with the legal advice of Jones Day partner William B. Rowland, recently reached an agreement to sell a facility that makes biodiesel fuel.As gas prices remain high and the Middle East political situation remains tense, U.S. politicians and environmentalists have been stressing the importance of alternative fuels such as ethanol and biodiesel.
By Andy Peters
5 minute read
July 23, 2008 | Daily Report Online
Calling the law 'obvious,' judge unseals Richardson divorce papersA judge has unsealed most of the files in the divorce case of House Speaker Glenn Richardson and his ex-wife, Susan.The unsealing was a victory for George Anderson, a government gadfly who argued that the Richardsons' divorce file, like other divorce cases, should be an open record. Attorney Gerald R. Weber Jr. represented Anderson.
By Andy Peters
5 minute read
October 06, 2005 | Daily Report Online
Creditors Line Up to Get to Delta's CashAndy [email protected] from around the world will be scavenging for Delta Air Lines' money on Thursday afternoon inside the Alexander Hamilton Custom House in New York.Pilots, both active and retired, want to convince U.S. Bankruptcy Judge Prudence Carter Beatty that Delta must continue to make payments to its pension plans, in spite of Delta's operating under protection of Chapter 11 of the federal bankruptcy code.
By Andy Peters
7 minute read
January 15, 2009 | Daily Report Online
Deal Watch: Restaurant company opts to stay publicThe owner of the Rainforest Cafe and the Chart House restaurant chains has decided to scrap its plan to take itself private in a $1.3 billion deal. Landry's Restaurants Inc. announced the decision Monday.King Spalding partners John D. "Jack" Capers Jr. in Atlanta and Richard A. Cirillo and Robert S. Finley in New York had been counsel to a special independent committee of Landry's directors.
By Andy Peters
5 minute read
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