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DOJ, Anheuser Settle Antitrust Suit Over Beer
Anheuser-Busch InBev reached a deal with the DOJ to proceed with its acquisition of Grupo Modelo. But winning antitrust approval came at a steep price.Turns out Vice-Chancellor Laster, who last month blocked a shareholder vote on Del Monte's LBO because of its financial adviser's conflict of interest, isn't the only Delaware jurist siding with shareholders. Vice-Chancellor Noble on Friday called a temporary halt to a shareholder vote on Qualcomm's acquisition of Atheros. And once again, the financial adviser's fee is at issue.
Merge Lane: D.C. Firms Grow to Thrive
Demonstrating the continued pressure on firms to tap into new markets in the United States and abroad, three D.C. area law firms announced expansions. One of those firms, Steptoe & Johnson, finalized merger plans with London's Rakisons. Consultants say that expansion or increasing profitability are ways to woo clients and recruits. For firms like Steptoe, expansion was the obvious choice.Two-and-a-half years ago a jury returned an estimated $9.3 billion verdict for shareholders of Vivendi Universal SA. That verdict was slashed in the wake of the U.S. Supreme Court's ruling in Morrison v. NAB. But it may have made all the difference in a suit accusing Vivendi of misleading Liberty Global Corp during negotiations over a 2001 deal.
Beyond the Valley: Who's Winning the Tech-Law Biz?
There are many ways to spot which hi-tech regions are the hottest challengers to the dominance of Silicon Valley. You can rank them by the amount of venture capital, or by the growth of tech jobs -- or you can track where the technology lawyers are flocking. Northern Virginia is the clear leader by the latter. A close second is New York's Silicon Alley, which has become a magnet for firms with established technology practices in Silicon Valley, Boston and Texas.Trending Stories
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The 2024 Benchmark of Ethical Culture Report
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