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D.C. Firms View China With Caution
Dozens of U.S. firms have swept into the Chinese market in recent years -- 39 of the largest 250 U.S. firms have offices in Shanghai, Beijing or Hong Kong. But Washington, D.C., firms have been late to the game, with some justification. Most of the law firm money to be made stems from burgeoning corporate activity -- foreign investment, IPOs and mergers and acquisitions -- which is largely the province of big firms in New York and L.A. Still, China won't be ignored -- there's just too much money at stake.Cite as: In re: China Valves Technology Securities Litigation, 11 Civ. 0796 (LAK), NYLJ 1202572273720, at *1 (SDNY, Decided September 12, 2012)District Ju
D.C. Firms View China With Caution
Dozens of U.S. firms have swept into the Chinese market in recent years -- 39 of the largest 250 U.S. firms have offices in Shanghai, Beijing or Hong Kong. But Washington, D.C., firms have been late to the game, with some justification. Most of the law firm money to be made stems from burgeoning corporate activity -- foreign investment, IPOs and mergers and acquisitions -- which is largely the province of big firms in New York and L.A. Still, China won't be ignored -- there's just too much money at stake.The Clock Is Ticking on E-Discovery and Evidence Retention
Pension Committee ruling raises the e-discovery bar for in-house counsel — and ups the risk of new penalties and sanctions for (gulp!) 'gross negligence.'Cite as: Viacom International, Inc. v. Youtube, Inc., 10-3270-cv, NYLJ 1202548443347, at *1 (2d Cir., Decided April 5, 2012)Before: Cabranes and Livingsto
'Pension Committee': Read It or Weep
Judge Sheindlin's Pension Committee opinion is a must-read for litigators, particularly for in-house counsel, as many of the litigation-related obligations it imposes arise prior to the retention of outside counsel and penalties for noncompliance could be particularly harsh.By Tom, J.P., Andrias, Sullivan, Gonzalez, Sweeny, JJ. 6809. The Bank of New York, Plaintiff-Appellant-res, v. River Terrace Associates, LLC, Defendant-res-ap,
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