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Regulatory Scrutiny Kills Mega-Merger of AT&T, T-Mobile
What would have been a landmark merger in U.S. telecommunications finally succumbed to litigation and regulatory pressure Monday, as AT&T officially abandoned its $39 billion bid for Deutsche Telekom's T-Mobile USA unit.Reed Smith Said to Discuss Merger With Chicago Firm
Reed Smith is currently engaged in serious merger discussions with 200-attorney Chicago-based Wildman Harrold Allen & Dixon, according to several sources in the Windy City. Such an acquisition would move the Pittsburgh-based Reed Smith to nearly 1,200 lawyers.Software Licenses Are Part of Contract, Wash. Supreme Court Affirms
Another lesson from the "read the fine print" department: The Washington Supreme Court affirmed summary judgment against M.A. Mortenson Company, which sued a software manufacturer because of a bug that cost Mortenson millions. The software company prevailed on the argument that the limitation on consequential damages contained in the licensing agreement barred Mortenson's claim for damages.Trending Stories
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