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Companies Find Attorney Advisers for Special Committees Worth the Cost
When the management of AHL Services Inc. agreed in August 2003 to be acquired by a private equity fund, AHL decided it needed a second opinion on whether the deal was fair to shareholders. AHL formed a special committee from its board of directors and hired attorney David A. Stockton to advise. Executives are starting to think that forming a special independent committee can help prevent securities-fraud litigation when they complete a deal or are involved in an internal investigation, Stockton said.Attorneys and Firms Participating in the Projects
Bid to Thwart Viacom-CBS Merger Rejected
Removing an impediment to one of the largest media mergers in United States history, a New York judge ruled that plans to unite the operations of Viacom and CBS do not represent a repudiation of Viacom's contractual commitment to build the United Paramount Network as a so-called "fifth network." Viacom's partners in the UPN joint venture sought to block the merger, arguing that Viacom's ownership of CBS would prevent Viacom from living up to the terms of the 1994 joint venture agreement that created UPN.Complexity Slows Milberg-Lerach Probe
A five-year kickback investigation of William Lerach and Milberg Weiss has resulted in little. Blame a methodical lead prosecutor and a bizarre cast of supporting players.Tactics Shift in War on Terrorism
Since Sept. 11, 2001, government lawyers have argued that normal rules of law do not apply to terrorists -- whether they are picked up on the battlefield or inside U.S. borders. But with former DOJ officials raising questions, allied nations crying foul, and Supreme Court review on the horizon, the Bush administration seems to be maneuvering to beat back criticism. And the timing of the announcements may be a calculated effort to influence the Court.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
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