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Law's Not Like the Sports World
Thanks to Title IX, the rise of women's sports has catapulted an entire generation of girls into athletic careers unheard of 30 years ago. And just as women have come a long way in sports, they've come a long way in the legal profession. But there's no Title IX in the law firm world. The discrepancy between the growing success of women in sports and the almost glacial progress of women in the legal profession may offer some lessons.Law Limits Executive Compensation
Revisions in bankruptcy law made significant changes to the bankruptcy laws as they pertain to business bankruptcies.Commentary: Big Bucks v. Baby Bottles � Finding Balance in the Legal Business
As the year-end approaches and firms hand out bonuses and make partnership decisions, columnist Kathleen J. Wu is struck by the two concurrent, yet entirely separate, conversations going on now in the legal profession: giving associates a lot more money and achieving work-life balance. Wu is a partner in Andrews Kurth in Dallas.London Calling to U.S. Companies Seeking to Go Public
When Houston's Frontera Resources went public in 2005, it raised close to $90 million in an initial public offering -- with the twist that its IPO was made on London's Alternative Investment Market. General counsel Scott Harper says Frontera chose the AIM over NASDAQ for several reasons, including SOX compliance costs. Nineteen U.S. companies went public on the AIM in 2005 alone. But attorney L. Steven Leshin says the AIM may not be the best route for small private companies from the United States.FCC Re-Auction of Licenses OK'd
A New York bankruptcy judge had no right to block the Federal Communications Commission from re-auctioning billions of dollars of radio spectrum licenses, the 2nd U.S. Circuit Court of Appeals ruled. The issue hinged on whether the purpose of the spectrum auctions, after the original purchaser filed for bankruptcy, was primarily regulatory rather than fiscal. The 2nd Circuit ruled the former, and emphasized that "the bankruptcy court is without power to review the FCC's regulatory actions."IPO Pipeline Pumps Cash Into Coffers for Latham, Other Am Law 200 Firms
Latham & Watkins, Simpson Thacher, Davis Polk, and Fenwick & West are leading a pack of firms reaping the benefits from a recent round of initial public offerings that includes share sales for such companies as Fairway, SeaWorld, Taminco, and Taylor Morrison.Cornyn Files Bill to End Bankruptcy Forum-Shopping
Rekindling a hot topic in the bankruptcy bar, Sen. John Cornyn, R-Texas, filed a bill Feb. 8 that would require corporations to file for bankruptcy where their principal place of business or their principal assets are located. It would prevent a corporation from filing for bankruptcy in a location that's simply the home of a subsidiary, or the state where it is incorporated. Cornyn says the Fairness in Bankruptcy Litigation Act of 2005 would prevent forum-shopping.Texas Firms Make Fewer New Partners -- but More Are Women, Minorities
Large Texas firms made fewer new partners this year, but more of them are women and minorities than in years past. And considering the nation's uncertain economy and the turmoil the Enron bankruptcy has caused Texas' bedrock energy industry, it's not too surprising that large firms made fewer new partners as a whole in 2002 than in 2001.Trending Stories
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