0 results for 'Skadden, Arps, Slate, Meagher & Flom LLP'
Financial Reform Bill Has Limited Impact
Lawyers believe the passage of the Gramm-Leach-Bliley Act, which tore down barriers separating the banking, securities and insurance industries, was worthwhile even though recent big bank deals could have been completed without it. Attorneys say the legislation made it far less complex to close megabank deals, and encouraged consolidation among financial institutions.Remember when we told you about the clever defense tactic Skadden devised for Kaiser's Neurontin false marketing case? Skadden pointed to Kaiser's own website, which recommended Neurontin for the same off-label uses for which Kaiser claimed damages. Well, give credit to Kaiser's trial lawyers. They turned Skadden's argument on its head.
Yahoo Investors Take Stock After GC Sells $2 Million in Shares
Does Yahoo's top lawyer know something about the company's future that investors don't? General counsel Michael Callahan has sold more than $2 million in company stock over the last two years, and investors are asking why. Callahan isn't the only top executive at Yahoo cashing in. Others, including CEO Carol Bartz, have sold more than $232 million in stock in the past two years as the Internet search engine struggled to compete against rivals Google and Microsoft Corp.Richard B. Levy, International Creative Mgmt. Inc.
As general counsel at International Creative Management, Richard B. Levy handles the legal affairs of an agency which represents the likes of Denzel Washington and Sharon Stone. At ICM, Levy has had the chance to work with California legislators and handle litigation and securities matters, while occasionally hobnobbing with the stars.ICG Communications Files for Chapter 11
Telecom company ICG Communications filed for Chapter 11 protection with the U.S. Bankruptcy Court in Delaware. The once high-flying company vowed to reorganize its finances and emerge from bankruptcy, citing $350 million in new financing from Chase Manhattan, but one industry analyst commented that it would take "a whole lot more money," to rescue the company.Sage Advice: How to Avoid Screw-Ups
For a young lawyer, who only gradually gains the know-how and experience needed to choose wisely, it often takes some time to affirmatively demonstrate first-class judgment. But as for avoiding the flip side of judgment -- that is something you can (and should) pick up on right away.Trending Stories
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