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Circuit Rules Assignees Can Be Class Representatives
A federal appellate court has reversed a lower court's denial of class certification in a lawsuit alleging antitrust violations by A.G. Edwards, Bear Stearns, Merrill Lynch and 25 other initial public offering underwriters.Day Pitney's Alliance With Minority-Owned Firm Targets Diversity Push
Day Pitney went public last week with plans it hopes will make it more attractive to corporations clamoring for larger numbers of minority attorneys on their outside counsel teams. The question is how general counsel will look upon the firm's new "strategic alliance" with Gray Haile, a minority-owned corporate law boutique based in Washington, D.C. "We hope that the arrangement will be attractive to corporate America and its diversity initiatives ... ," Day Pitney co-managing partner James Sicilian said.Day Pitney Forges Alliance With Minority-Owned Firm
Day Pitney went public Monday with plans it hopes will make it more attractive to corporations clamoring for larger numbers of minority attorneys on their outside counsel teams. The firm announced its "strategic alliance" with Gray Haile, a minority-owned corporate law boutique based in Washington, D.C. Both firms will remain independent but "will co-counsel on transactions when appropriate and jointly pursue new business opportunities," a written statement from Day Pitney said.Trending Stories
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