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Intel Picks WilmerHale Vet as New GC
The night before announcing its massive settlement with AMD, the Silicon Valley chipmaker hired D.C. antitrust specialist Douglas Melamed.
Top Law Firms Undergo a Rainbow Revolution
Am Law 200 firms are putting out the lavender welcome mat to gay attorneys, with perks that seemed radical just 10 years ago. "It used to be the love that dare not speak its name," says Morrison & Foerster managing partner Keith Wetmore about being gay at law firms. "Now it's the love that cannot keep its mouth shut." Wetmore, who joined MoFo as an openly gay associate in 1982, says being gay is neither a liability nor a novelty nowadays. "There are so many of us that we don't have to like each other."
Some Midsize Firms Believe Now Is the Time to Expand
Denver-based Brownstein Hyatt Farber Schreck announced this week that it will open a new office in Reno, Nev. In some respects, the news is atypical. The number of law firm office openings has slowed significantly along with the economy, particularly for new domestic locations. In other ways, Brownstein is representative of the relatively small number of firms still expanding in the United States right now: midsize and based outside of major financial centers such as New York and Chicago.Class-Action Antitrust Suit Wins OK
The 3rd U.S. Circuit Court of Appeals has greenlighted a class-action antitrust suit brought by purchasers of corrugated paper products that accused paper manufacturers of conspiring to decrease their production so that supply would plummet and prices would rise.
Growth strategy depends on laterals
SONNENSCHEIN NATH Rosenthal partner Kara Baysinger is on the road. Every week since July, she has landed in an airport far from her San Francisco Bay Area home, climbed into a cab, and headed for one meeting or another. When she's in a city with a Sonnenschein office, she sets up shop in a nondescript room reserved for visiting partners; otherwise she makes do however she can.Former IPO Client Sues Credit Suisse First Boston
RDO Equipment sued its former investment adviser and underwriter, Credit Suisse First Boston in District Court in North Dakota, accusing CFSB of breaching its fiduciary duty to the company in a deal involving CSFB's private equity arm. It also alleges that, through a venture involving John Deere, a direct competitor of RDO, CSFB is guilty of unfair trade practices and has broken antitrust laws.K&L Gates Grabs One-Fourth of Kelley Drye's Chicago Lawyers
K&L Gates' new Chicago office has lured its first group of Chicago laterals, cutting Kelley Drye's head count in that city by about one-fourth. Making the move: partners David Rammelt and Susan Greenspon, one counsel and three associates. Rammelt and Greenspon said they made the move principally because of their clients' growing need for a firm with a broader international reach, especially in Europe and Asia, and because K&L Gates is more comfortable with alternative fee arrangements.
Forum Shopping Alleged in Chapter 11 Cases
The increase of big corporations filing bankruptcy reorganization cases in either Delaware or New York, no matter where the headquarters are, has rekindled allegations that a forum-shopping war between the states includes bankruptcy judges engaging in unseemly competition for cases. "There is a legitimate question, if it is corrupt competition," says UCLA law professor Lynn LoPucki. His recently released book makes the same controversial assertion, and that has the bankruptcy bar steamed.Trending Stories
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