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Greenberg Traurig says $24M capital call is buffer against uncertainty in markets
For the first time in more than a decade, Miami-based Greenberg Traurig has issued a capital call to raise $24 million from its equity shareholders. The 1,700-lawyer firm said it took the action as a safeguard against "uncertainty" in the U.S. and international markets, and that it is not facing any immediate cash needs.Daily News' Editorial Judgment Upheld
Continuing its long tradition of protective press rulings, the New York state Court of Appeals held the former husband of entertainer Melba Moore to a standard of showing gross irresponsibility in a pending libel action against The New York Daily News. The Court said it would not, absent clear abuse, second-guess the newspaper's editorial judgment that gossip column items on his divorce were of public interest, therefore invoking a higher standard of proof.Airlines' Legal Departments Ask for Fee Cut
Although the large layoffs announced by airlines seem to have spared most lawyers, the next round of cuts may not be so kind. To cope with a crisis unparalleled in the industry, the legal departments of most of the largest airlines have asked outside counsel to cut their fees. Airline lawyers do not seem to be obsessing about job security, however. They are far too busy.Delaware Chancellor William Chandler III found "no basis" to disqualify the firm from representing Air Products in a hostile takeover bid for former client Airgas. But the judge declined to decide one key issue.
Top New York Lawyers Share Their War Stories
Everyone loves a good war story, and lawyers are no exception. The New York Law Journal asked some of New York's top lawyers to share their most embarrassing, absurd, poignant or simply memorable experiences of their many years of practice. These tales include both the ridiculous mistakes of junior lawyers and the courtroom surprises of seasoned lawyers. Keep in mind: The attorneys profiled here survived. So will you.Reinstatement of Attorneys from the 2008 Pro Hac Vice Ineligible List
Notice to the bar.Trending Stories
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