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Bankruptcies � Chapter 11 and business Chapter 7 petitions filed through April 24
Notice to the bar.Study: More top GCs back Barack
The nation's best-paid general counsel have a clear favorite in the presidential race: Barack Obama. In the run-up to the primary season, the Illinois senator received more money from the in-house legal elite than any other candidate. The Democratic contenders for the White House are doing well as a group, outraising Republican candidates by almost a 2-to-1 margin in the contest for GC cash.FTC Settlement Approval Tied to Creating Webpage for the Public
A federal judge imposes unique conditions on a settlement of Federal Trade Commission action to make up for lack of an admission of wrongdoing.Bush Official Apologizes for Slap at Guantanamo Detainees' Lawyers
A Department of Defense lawyer apologized Wednesday for his comments suggesting that corporations boycott law firms that represent detainees at the Guantanamo Bay detention facility. In a letter to The Washington Post, Charles Cully Stimson said the comments, made during a radio interview, "do not reflect my core beliefs." His apology came two days after the Pentagon disavowed his statements, saying they did not represent Defense Department views. The remarks had touched off a salvo of criticism.Midsize Eastern Firms Get Aggressive in L.A.
Los Angeles has morphed into a recruiting hotbed in the past nine months as several midsize firms from the East Coast aggressively opened offices. Several of those firms lured large groups of lawyers from well-known local firms in a legal market rife with dissolutions and an unusually high number of defections. "The last six months, particularly on the west side of L.A., have been hot," says Roger Warin, chairman of Steptoe & Johnson, which opened its second Los Angeles office, in Century City, last July.The Churn: Lateral Moves in The Am Law 200
Cooley loses two real estate partners to New York real estate boutique Duval & Stachenfeld; a group of five Gordon & Rees commercial litigators leave for SNR Denton; and McGuireWoods gains a former Skadden, Arps, Slate, Meagher & Flom partner. The Churn is constant. Please send all announcements to [email protected].Merck Knocks Out Second Fosamax Test Case Before Trial
Wyeth and its new parent Pfizer are probably wishing they had more to be thankful for this week, after being hit with jury awards totaling more than $100 million over hormone drugs. But what started out as a tough week for Big Pharma got a little better late Monday, when Manhattan federal Judge John Keenan dismissed the second of three bellwether cases facing Merck over its osteoporosis drug Fosamax just weeks before it was set for trial.The Global 100 2010: Sound as a Pound
Before the downturn, the sterling's rise made strong performances by British firms look even better. Now the weaker pound is making poor results look even worse.Trending Stories
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