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Weyerhaeuser Faces $458M Judgment
A federal bankruptcy judge in Atlanta has levied a $457.8 million judgment against one of the world's largest forest products companies. Judge Margaret H. Murphy found that, by failing to have licenses for patents, Weyerhaeuser Co. violated contract warranties when it spun off its disposable diaper division as a "liability-laden subsidiary." The judge chastised Weyerhaeuser for producing a generic disposable diaper that infringed on patents held by competitors Procter & Gamble and Kimberly-Clark.Diversity Report Card Is In For 25 Largest Austin Firms
While the number of minority lawyers employed at Austin's largest firms increased slightly again this year, several firms continue to receive low marks on diversity, according to a "report card" released on July 28 by two minority attorney groups.Mirant Emerges From Chapter 11
After 2 1/2 years, Atlanta power producer Mirant Corp. emerged from bankruptcy protection and secured $2.35 billion in exit financing, it said late Tuesday. The company, which filed for Chapter 11 in July 2003 in U.S. Bankruptcy Court in Texas after failing to reach a deal with creditors to restructure its debt, has cut its work force, sold hundreds of millions in assets and converted more than $6 billion in debt and liabilities into equity under its reorganization.Fashion Advice for the Frugal Lawyer
As the weather finally starts to turn cooler, it's time for lawyers to update their looks for the new season. With the economy still in the doldrums, now may not be the time to splurge on the latest looks, a formal dress for firm functions or a new handbag. But with a little creativity, writes attorney Kasia Benson, lawyers can look their best on a budget. Even those on the job hunt can put their best feet forward without a large cash outlay. She provides several tips for the fashionable but frugal attorney.Full-Time Law Firm Job: Finding Square Footage
Law firms have been committing serious resources to finding enough space to keep operations humming, and finding room to grow has become a full-time endeavor at some firms. Jay Epstien, who leads a 600-lawyer international real estate practice at DLA Piper, has represented several law firms in office space deals and has worked on some of DLA's own office leases, which recently included about 200,000 square feet of space in Washington. "I'm also supposed to practice law in between," he says.Trending Stories
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Meeting the Requirements of California's SB 553: Workplace Violence Prevention
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