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HealthSouth Coughs Up Healthy Profits for Attorneys
HealthSouth Corp. is boosting lots of lawyers' incomes. The Birmingham, Ala., company expects to pay a total of about $147 million in legal fees for litigation expenses incurred since federal prosecutors launched a fraud case against the company and its founder and former CEO in 2003, according to the company's annual report filed last week. That figure does not include salaries paid to the in-house law department.Enron Examiner Questions Company's Counsel
Did Enron Corp.'s in-house and outside counsel willfully ignore signs that all was not right in the company's executive suite or did they just fail to notice altogether? Those are among the possibilities raised in Enron examiner Neal Batson's final report, particularly a 247-page appendix devoted to the role played by Enron's lawyers in the sham financial transactions that ultimately led to the company's collapse.Solutia, Monsanto Reach Accord
After 18 months in bankruptcy and nearly eight years after its spin-off, Solutia Inc. has reached a truce with former parent Monsanto Co. and its unsecured creditors. Under an agreement announced Tuesday, Solutia would offer $250 million in new stock to unsecured creditors in a rights offering backstopped by Monsanto. The St. Louis-based agricultural biotechnology company and unsecured creditors would split the rest of the stock of a reorganized Solutia.New Suits Over Recalled Drugs May Target China
Plaintiffs attorneys say a recent surge in lawsuits involving two recalled drugs, generic blood thinner heparin and prescription medication Digitek, could signal a clean break from past actions that were far less successful against Vioxx and Paxil. The heparin suits are the first to be brought against a manufacturer with ties to China, which has been linked in litigation to dangerous products such as toys, pet food and toothpaste. But some say the recent drug lawsuits aren't all easy to swallow.An 85-Year-Old Sculptor vs. the Government in Unusual Copyright Fight
And the sculptor won, thanks to some (sort of) pro bono work from Fish & Richardson.Making the Transition to Media Relations
"It's hard for attorneys to make the transition," says Leah Guggenheimer of the tricky business of switching from associate to law firm marketing and public relations. "For one thing, you see a lot of 'J.D.s need not apply' in the ads." But it can be done -- and now there's even a network, called Law Firm Media Professionals, to provide support and strategy (and a safe place to vent) for law firm media relations types.AP to Shepard Fairey Lawyers: We'd Prefer You Stick Around
In the wake of the artist's admission that he fabricated and destroyed evidence in his copyright fight with The Associated Press, his lawyers have suggested they want off the case. Not so fast, says The AP.Trending Stories
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