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The defendants claimed that Chinese law compelled them to form a cartel to sell vitamin C, and the Chinese government even hired Sidley Austin to support that argument. But the companies still can't escape class action litigation over the alleged price-fixing, a Brooklyn federal judge ruled Tuesday.
Ditch the Tie, Don the Dockers
The seven-day casual trend has migrated beyond the Silicon Valley law firms, which originated it. Many New York firms are finding that dispensing with suits at least some of the time does not mean dispensing with professionalism.Midsize Firm Steefel Regroups as Partners Depart
Steefel, Levitt & Weiss, a midsize San Francisco-based firm known for its real estate practice, has lost 11 partners since January 2005, including two who announced this week they're leaving for Reed Smith. But the 65-lawyer firm is working on building itself back up. "The size that I think Steefel can do a good job at is a firm of 110 to 125 lawyers," says Chairman Barry Lee. Observers say midsize regional firms like Steefel can prosper indefinitely, as long as they can retain or replace big-book partners.Amici Urge Rehearing and Reversal of 'Frank's Casing'
For the past decade, business interests and tort reform advocates were satisfied with their fate at the Texas Supreme Court, where corporate defendants often prevail. But that was before the court decided Frank's Casing, creating a battle that pits two groups normally on the same side of civil litigation -- business interests and insurance companies -- against each other. Now, as the court weighs whether to rehear the case, a flurry of amicus briefs are pleading with the court to change its mind.Technology Awards: And the Winners Are...
The first annual Law Technology News Awards honor both products and legal technology leaders: Five awards recognized the achievements of law firms and corporate legal departments. These award winners are outstanding examples of the way legal professionals can use technology to change how we operate and provide services to clients. The recipients were selected by a panel of three jurors from LTN's Editorial Advisory Board.$2.66 Billion Deal Creates Largest Private Chip Company
In-house lawyers at Agilent Technologies Inc. have been busy assisting in a major restructuring of the company. So, naturally they called on outside help to shepherd a sale that is expected to create the largest privately held computer-chip company in the world. Simpson Thacher & Bartlett was brought on to assist Agilent in selling its semiconductor products group for $2.66 billion to private equity firms Kohlberg, Kravis, Roberts & Co. and Silver Lake Partners.Trending Stories
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