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Trial lawyers don't retreat from Dems
Trial lawyers are holding steady as one of the Democratic Party's biggest sources of campaign contributions, providing a cushion for the party as it struggles to maintain control of Congress in the midterm elections.Houston Firm Expands New York Office
Texas-based litigation boutique Susman Godfrey has expanded its New York office, which the firm opened last fall, by recruiting one partner and relocating another. One of the firm's top partners, veteran trial lawyer William C. Carmody, is moving to New York from Dallas. The firm also announced it had recruited Jacob Buchdahl, an Assistant U.S. Attorney in the Southern District of New York, as a partner starting in April.Forgent Networks Inc. Picks New Counsel for DVR Patent Suit
Richard Snyder, CEO of Austin-based Forgent Networks Inc., didn't skimp on market research before picking a new trial firm for some potentially lucrative patent litigation. Snyder says he met recently with eight or nine Texas firms vying to represent his software technology company in infringement litigation related to its patent on digital video recording (DVR) technology.NL Industries Hit With $179 Million Jury Verdict
A Dallas jury returned a $178.7 million verdict against NL Industries, subsidiary NL Environmental Services and NL CEO Harold Simmons in a contracts case on Friday. The award included $33.7 million in actual damages, $140 million in punitive damages against NL Industries and $5 million in punitive damages against NL's general counsel. The plaintiffs -- minority shareholders in the NL subsidiary -- claimed that NL had improperly stripped the subsidiary of its assets and reduced the value of their shares tenfold.Trending Stories
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