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Five Firms Advise on $1.6 Billion Security Deal
French aerospace and security conglomerate Safran has agreed to acquire most of U.S. security firm L-1 Identity Solutions, which specializes in face, fingerprint, palm, and iris recognition systems to secure assets. The deal is another sign that biometrics is the new face of national defense.Legal Outsourcing to India Is Growing, But Still Confronts Fundamental Issues
Eviction Notices for Cybersquatters
Law and order is taking hold in the Wild West of the Internet. Cybersquatters who try to steal domain names from their legitimate owners have long plagued online commerce. But the Uniform Domain-Name Dispute Resolution Policy -- which just marked its fifth anniversary -- has resolved more than 13,000 domain name disputes, 81 percent of them in favor of trademark holders. And if companies need stronger remedies, they can turn to the federal anti-cybersquatting statute.Brazilian Bar Concludes Foreign Law Firm Alliances Break Rules
The legal market in Brazil has been particularly active in recent months, with firms like Milbank and Gibson Dunn announcing they were opening Brazilian offices. But a recent ethical and disciplinary panel opinion of the Sao Paulo Bar illustrates the mounting tension over the influx of foreign firms into one of the world's fastest-growing economies. Although only advisory, the opinion indicates where a more formal ruling might fall if a case were brought against major U.S. firms operating in Brazil in alliance with local firms.GE and EU Official to Discuss Honeywell
General Electric chairman and CEO John Welch Jr. will meet with European Commissioner for Competition Mario Monti, Europe's top antitrust official, to facilitate quick approval of the company's $45 billion purchase of Honeywell International. Commission officials are studying whether GE's leasing activities, coupled with Honeywell's avionics products, can influence aircraft-market buying patterns.Is a Silicon Valley Indictment in the Works Over Stock Options Backdating?
Defense lawyers involved in the investigations of options backdating say at least one Silicon Valley executive will likely be indicted imminently, possibly with more to follow. Gregory Reyes, the ex-CEO of Brocade Communications, is widely expected to be the first indicted in the backdating mess. And Reyes has been quite public about who he thinks is responsible for the company's options problems: Larry Sonsini, a Wilson Sonsini Goodrich & Rosati corporate lawyer and a former member of Brocade's board.Trending Stories
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