0 results for 'Munger Tolles & Olson'
What Samsung Gets From $900 Million Settlement
After lengthy litigation, Samsung agreed to settle its differences with Rambus for $900 million because of a looming antitrust trial, observers say. Rambus, a tiny Los Altos, Calif., chip designer, was seeking $13 billion in damages from Samsung, Micron Technology and Hynix Semiconductor for unfairly squashing its memory-chip business in a case that was set for trial this month. Rambus had a strong hand going into the trial against Samsung. But observers say Samsung may reap some benefit by settling before Micron or Hynix.Apple Filings Back Jobs, Blame Others
Apple Computer appears to be placing the blame for stock options backdating squarely on former GC Nancy Heinen and ex-CFO Fred Anderson, according to the company's public filings Friday. The filings reaffirmed the company's complete support of CEO Steve Jobs. Yet at the same time, they stated that Jobs not only knew about backdated option grants, but in some cases "recommended" the practice. The company also disclosed that thousands more grants were backdated than previously acknowledged.Judge accepts Transocean's guilty plea in Gulf disaster
A federal judge has approved a Transocean Ltd. subsidiary's criminal plea as part of a $1.4 billion settlement with the U.S. Justice Department over liability for the 2010 Deepwater Horizon oil spill.An Overhaul for Inequitable Conduct Claims?
Inequitable conduct claims can add upwards of a million dollars to patent litigation, and adverse rulings can tank legal careers and corporate profits. The U.S. Court of Appeals for the Federal Circuit may finally be ready to consider whether the doctrine still works.Six Days, Six Lawyers, $24 Billion
Golden West Financial GC Michael Roster used to tell outside lawyers that there were certain firms he would call in to do a major transaction, but he wouldn't necessarily say who those firms were. As it turned out, Wall Street's Wachtell, Lipton, Rosen & Katz drew the ace card when it came to counseling the bank through what analysts are calling the year's second-largest deal: the cash and stock acquisition of Golden West by Wachovia. Wachtell handled the $24.2 billion deal with six lawyers in six days.Judge: Tax Shelter Suit Against Sidley Austin, Deutsche Bank May Proceed
A New York federal judge has declined to dismiss a civil suit by a husband and wife who claim that Sidley Austin Brown & Wood and Deutsche Bank Securities offered a tax shelter the firms knew would be challenged by the IRS. Judge Shira Scheindlin said William and Sharon Seippel's complaint sufficiently alleged fraud and that the couple's allegations could stand because they alleged that the defendants did not merely aid and abet fraud but also "engineered and were key members of the conspiracy to defraud."Smokers Await Calif. High Court Ruling With Bated Breath
More than 40 years ago, at age 13, Leslie Grisham was already hooked on smoking, convinced doing it would make her part of the cool crowd.Manatt Lifts Pay. Will Anyone Else?
The L.A.-based firm led by Paul Irving is raising first-year salaries to $145,000, matching the scale set by top New York firms. Other firms are in wait-and-see mode.Trending Stories
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