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November 18, 2004 | Law.com

Kmart-Sears to Face FTC's Glare

Two prominent U.S. senators demanded Wednesday that the FTC scrutinize Kmart Holding Corp.'s $11 billion acquisition of Sears, Roebuck and Co., which would create the country's third-largest retailer. Antitrust experts predicted the FTC would thoroughly investigate the deal, but they said the transaction should eventually pass muster. However, several lawyers cautioned that business has been caught by surprise before on retail mergers.
5 minute read
May 05, 2004 | Law.com

Feds Slap Gates With $800,000 Fine

Bill Gates agreed Monday to pay $800,000 to settle charges that he violated the Hart-Scott-Rodino Act in 2002 by acquiring more than $50 million of ICOS Corp. stock without first notifying regulators of the deal. Also Monday, the government settled a case against Manulife Financial Corp. related to its acquisition of John Hancock stock. Antitrust experts said the two cases are a warning to corporations to take HSR reporting requirements seriously.
5 minute read
April 16, 2007 | Law.com

Do Large Firms' Partner Class Numbers Hint at Strategy for Nonequity Partners?

A snapshot of the 2007 partner classes at some of the largest law firms across the country shows wide fluctuations in the number of lawyers promoted to partner, compared with last year. But despite rollercoaster results, this year's new partner classes -- at least among 20 top shops -- represented about the same percentage of the firms' total partner population as last year. Some see a growing trend toward the expansion of nonequity partnership classes, but firms are tight-lipped about the strategy.
6 minute read
October 22, 2002 | Law.com

Holiday Wholesale Grocery et al. Philip Morris et al.

4 minute read
February 27, 2003 | Texas Lawyer

McManus v. Fleetwood Enterprises Inc.

4 minute read
September 30, 2002 | Law.com

Enron Report Casts Harsh Light on Lawyers

The first report from the court-appointed investigator sifting through Enron's finances is calling into question the role that corporate lawyers played in some of the company's exotic business deals. R. Neal Batson's 160-page report also highlights the involvement of a major law firm that has received relatively little attention in the Enron fiasco.
8 minute read
August 24, 2004 | Daily Report Online

Fewer Trials, More Tribulations for Lawyers

6 minute read
September 29, 2000 | Law.com

It Was the Best of Times, It Was the Best of Times

This year's summer associates are happy, but then summer associates are always happy. So what is it that distinguishes this generation of about-to-be lawyers? The American Lawyercompared the results of the 2000 Summer Associate Survey with those from 1999 and 1998: The ratio of females to males is almost equal; IP is hotter than ever; and the associates' main motivation? No, not the money. They just like it.
7 minute read
September 22, 2000 | Law.com

Babyfood Merger Up to Judge

With a judge asking the Federal Trade Commission why two stronger players competing for 100 percent of the market is not a better deal than two weaker players competing for 30 percent of the market, final arguments were concluded in the FTC's trial to block the merger of H.J. Heinz and Beech-Nut Nutrition. The judge's comments put the FTC's effort to stop the marriage of the nation's second- and third-largest makers of baby food into question.
3 minute read
December 23, 2009 | Law.com

Sears Wins Dismissal of Class Action Over Kmart Merger

The plaintiffs in a long-running class action against Sears, Roebuck & Co. over its merger with Kmart had reason to be optimistic: Their case survived a motion to dismiss, and they won class certification. But they suffered a potentially fatal setback last week when Chicago federal district court Judge Robert Gettleman granted Sears' motion for summary judgment. Gettleman also granted summary judgment to Sears Holdings Chairman Edward Lampert and an investment fund that became a controlling shareholder of Sears.
2 minute read

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