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Sign of the Times: Large Firms in Texas Make More Partners in 2005
The number of new partner promotions at Texas' largest firms increased for 2005, but the percentage of minority and female partners decreased when compared with 2004.Viagra Hurts Sales at Imagyn Medical,Forcing Bankruptcy
While the wonder pill Viagra has cured many men of impotency, the hot-selling drug helped deflate sales at Imagyn Medical Technologies Inc., prompting creditors to force the medical device maker into involuntary bankruptcy. In their Chapter 7 bankruptcy petition filed in U.S. Bankruptcy Court in Wilmington, Imagyn bondholders are seeking to have the company auctioned off to pay creditors' claims of $160 million.Into the Unknown: Mystery Surrounding Salaries And Start Dates Doesn't Impact Job Acceptance Rates
Third-year law student Giselle Torres says it may sound trite, but she accepted an offer to become an associate with Bracewell & Giuliani mostly because she connected with the people at the Houston-based firm. Torres is among the lucky law students who landed summer associate positions at BigTex firms in 2009 and received offers for permanent jobs they will start sometime after graduating in May.Tenet Healthcare fended off a $4 billion hostile takeover bid last year in part by accusing Community Health Systems, its would-be acquirer, of bilking Medicare out of hundreds of millions of dollars. Almost exactly a year later, Tenet's lawyers at Latham & Watkins and Arnold & Porter have helped the company resolve nearly identical claims leveled by the Justice Department.
Candidates Who Passed The July 2008 NYS Bar Exam
Last week a struggling software company called FirePond filed a class action suit against Google in the Eastern District of Texas, challenging its practice of selling ads against trademarked keywords. This is not, however, the David-versus-Goliath tale it might appear to be. Investigative reporting by IP Law & Business reporter Joe Mullin shows that FirePond CEO Audrey Spangenberg and her husband, Erich, are connected to a network of entities that have made more than $72 million through patent litigation.
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