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Asia Deal Digest: August 8, 2013
* Skadden leads Baidu on another billion-dollar bond offering* Wong & Partners on $885 million Islamic bank takeover in Malaysia* King & Wood Mallesons and SJ Berwin tag-team Aussie outbound deal to U.K.Knowing Your Firm Is Key to KM
There is more to KM than technology. People and processes play a huge role in a law firm's KM strategy. So in addition to figuring out what you have electronically, what you need to get into electronic form, and how to capture that knowledge, you must also know what your firm does, how it does it, and then relate it to how you can use technology.States Move to Curb Nursing Home Suits
State legislatures are moving to cap damage awards in suits against nursing homes in an attempt to cut health care costs and tackle what they perceive as "runaway verdicts." In the past year, lawmakers in nearly a dozen states have introduced legislation to limit noneconomic damages in nursing home suits. Trial attorneys charge that the move to limit nursing home suits robs plaintiffs of their right to hold the facilities accountable.Loss Causation in the Ninth Circuit
Barbara J. Hart, a shareholder at Lowey Dannenberg Cohen & Hart, and Todd S. Garber, an associate at the firm, write that the resolution of loss causation requires a fact-intensive inquiry unique to each fraud. Under the rationale applied in recent decisions, they note, plaintiffs appear to still be able to easily plead loss causation needing only to allege a plausible connection between the alleged disclosures and the drop in stock price, and such connection can have a significant temporal gap.Edwards Wildman Plans Istanbul Launch
The firm is opening an office in the Turkish city to cater to clients in the region and to support the practice of private equity partner Ted Cominos, who joined the firm last year.Squire Sanders Among Firms to Break New Legal Ground Abroad
Large firms across the world are expanding into far-flung jurisdictions in search of new work. Squire Sanders has forged an international alliance with Salkom in the Ukraine; White & Case and Dentons have become the latest firms to expand into Kazakhstan's new capital of Astana; two major Indian firms have agreed to merge in a bid to expand on the subcontinent; and British firm Eversheds has opened a second office in Iraq in the oil boomtown of Erbil.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
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