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Before Record-Breaking Settlement, Big Firms Helped BP Raise Cash
With BP announcing Thursday that it has reached a record-breaking settlement with the Justice Department over criminal charges stemming from the Deepwater Horizon disaster, The Am Law Daily had a look at the Am Law 100 and interntional firms that have advised the British energy giant over the past two years on a series of asset sales aimed at raising the capital necessary to cover the company's liabilities.S.F. Joins With Santa Clara to Sue Gas Providers
Santa Clara and San Francisco counties have sued numerous natural gas providers, arguing the companies stole billions from California consumers. Filed by Cotchett, Pitre, Simon & McCarthy, the suits claim that the gas distributors engaged in "unfair and deceptive conduct" that pushed gas prices to six times the national average, according to a news release. Attorneys did not specify damages but said they will seek "tens of millions of dollars."S.F. Joins with Santa Clara to Sue Gas Providers
Santa Clara and San Francisco counties on Thursday sued numerous natural gas providers, arguing that the companies stole billions from California consumers. Filed in San Diego Superior Court, the suits claim that the gas distributors engaged in �unfair and deceptive conduct� that pushed gas prices to six times the national average, according to a news release. Attorneys did not specify proposed damages but said they will seek �tens of millions of dollars.�The Dilemma of Recovering Costs in an Overpayment Victory
In today's health care industry, audits of health care providers by the government are increasingly common. Legislation over the past several years has increased the funds available to the federal government for it to investigate and attempt to recoup overpayments made to providers pursuant to its programs (Medicare, Tricare and Medicaid).Defending Physicians in Billing Audits
Michael S. Kelton, a partner in Lippman Krasnow & Kelton, and Yvette R. Schlussel, president of Precision Consulting, describe HMOs efforts to use statistical techniques to "prove" that physicians systematically "upcode" patient visits to higher levels of treatment than were actually provided, in order to bill higher fees to the HMOs.Law firm mergers down in second quarter
While legal consultancies Altman Weil and the Hildebrandt Institute report that mergers involving U.S. law firms were down in the second quarter of 2012 compared with the same period last year, statistics show that the industry saw more tie-ups in the first half of this year than it did during the first six months of 2011.Trending Stories
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