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Large Firm Lawyers On the Move
Brian Parker, co-chairman of McGuireWoods' life sciences industry group, has been appointed managing partner of the firm's Pittsburgh office. Plus more law firm movers in this week's column.Go-Shop Provision Emerges as Alternative to Auctions
In a first for the public utilities industry, Troutman Sanders client Semco Energy is using a go-shop provision as part of a multimillion-dollar deal. The provision is an innovative technique that's emerging as an alternative to auctions. While a go-shop provision mainly benefits the company being bought, it also helps a buyer with an extra level of due diligence that could fend off litigation by shareholders who might otherwise challenge a deal, according to Troutman partner Terry C. Bridges.State Bars Push Back on Privilege Waivers
State bar associations are jumping into the roiling debate over the attorney-client privilege-waiver issue triggered by the U.S. Department of Justice's Thompson Memorandum. Several states have recently convened task forces to fight the 2003 directive, which, among other things, instructs prosecutors to trade leniency for waivers of the attorney-client privilege during corporate investigations. One litigator said it's part of the legal community's pushback against a perceived "culture of waiver."State bars push back on waivers
State bar associations are jumping into the roiling debate over the attorney-client privilege-waiver issue triggered by the U.S. Department of Justice's Thompson Memorandum.Overseas investors keep the motor humming
Despite the automotive industry's woes, a sour real estate market and the overall dismal economy, Motor City law firms are scrambling to stay on top of a burgeoning practice: foreign companies looking for a bargain in Detroit.Trending Stories
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