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May 02, 2001 | Law.com

Texas' Top 10 Deals of 2000

From New York's Citigroup Inc.'s acquisition of Associates First Capital Corp. of Dallas in a deal valued at $31 billion, to a $3.6 billion deal in which San Antonio's SBC Communications Inc. acquired Sterling Commerce Inc., Texas law firms had a hand in the negotiations.
4 minute read
July 26, 2010 | Corporate Counsel

News You Don't Want to Hear

I don't want to go there, but as your faithful career sherpa, I have no choice but to give you the unvarnished truth about the state of the legal marketplace. You probably know bits and pieces of the news already, but I'll lay out the whole mess ...
3 minute read
October 27, 2005 | New York Law Journal

Newsbriefs

5 minute read
January 13, 2006 | The Legal Intelligencer

Attorneys' Bonuses Increase With Profits

Associates at several big law firms across the country welcomed the new year with hefty bonuses that were moderately higher than the year before, a reflection of the legal industry's recent prosperity.
6 minute read
May 29, 2002 | New York Law Journal

How to Handle All Those Free Lunches

IT MAY BE TRUE that this summer is more serious than past ones, and that work quality and getting to know your firm has taken on greater importance. However, being a summer associate is also about socializing, and lunch. And anybody who says that there`s no such thing as a free lunch has never been a summer associate.
7 minute read
June 22, 2009 | New York Law Journal

Experts Say Some Issues Best Handled by Surrogate

4 minute read
November 14, 2007 | Law.com

Sallie Mae Litigation Raises Issue of Deal 'Adverse Effect'

With credit tightening, some dealmakers are looking for ways to walk away from deals that suddenly look shaky. One legal weapon that attorneys for purchasers and financial backers are brandishing is the "material adverse effects" contract clause, routine provisions that permit termination of a transaction where business conditions have deteriorated for a target company. Litigation over a $26 billion buyout of Sallie Mae is one of the few cases in which this murky area of the law has been analyzed.
8 minute read
November 06, 2002 | Law.com

IBM's Suit Against Former Executive Reinstated

A federal judge in New York improperly ruled in favor of former IBM executive Edward W. Lucente in his fight over millions of dollars in stock options, the 2nd U.S. Circuit Court of Appeals has ruled. Finding that a jury should be allowed to decide the "bedrock question" of whether Lucente quit or was fired by the computer giant, the 2nd Circuit reversed Judge Colleen McMahon, who had granted him summary judgment.
4 minute read
February 19, 2002 | New York Law Journal

Tobacco Companies Win Dismissal of Foreign Tax Suits

THE COMMON LAW principle that federal courts will not enforce foreign tax judgments was not subverted when Congress toughened money laundering provisions in the wake of Sept. 11, an Eastern District judge ruled yesterday.
4 minute read
July 25, 2007 | Law.com

Merck Plaintiffs Get Second Bite at D&O Suit

The 3rd Circuit has given Merck shareholders a second chance to seek to use after-acquired information in derivative suits alleging officer and directors concealed painkiller Vioxx's health risks. The court ruled that U.S. District Judge Stanley Chesler erred by refusing to consider new information, which resulted from a consensual stipulation, in dismissing the suit. But the 3rd Circuit agreed with Chesler's ruling that the plaintiffs were subject to a heightened factual pleading standard.
4 minute read

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