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Deutsche Bank Relations in Spotlight After White & Case Departures
White & Case is working to renew its relationship in London with key client Deutsche Bank after six partners with links to the client left the firm's banking and capital markets practice over the past 18 months. After key relationship partner Mike Goetz quit for Freshfields Bruckhaus Deringer in March 2008, a further five partners linked with Deutsche Bank in London have left. At its height the relationship was thought to be worth around $25 million a year to the firm's London office.An iconic liquor scored an injunction against an alleged copycat and a small furniture maker accused a larger retailer of ripping off its designs. In the smartphone wars, Samsung Electronic Co. Ltd. uncovered some ammunition in its bid to undo the $1 billion verdict it lost to Apple in August.
Six More Firms Pack Associate Pay Punch
Six more large Texas firms recently announced raises for their associates working in Texas, moving to a new market rate that Vinson & Elkins set March 8.Cite as: Eric Reisner v. Litman & Litman, P.C., 18527/07, NYLJ 1202473385518, at *1 (Sup NA, Decided September 14, 2010).Acting Justice Daniel Palmieri
Bush Official Apologizes for Slap at Guantanamo Detainees' Lawyers
A Department of Defense lawyer apologized Wednesday for his comments suggesting that corporations boycott law firms that represent detainees at the Guantanamo Bay detention facility. In a letter to The Washington Post, Charles Cully Stimson said the comments, made during a radio interview, "do not reflect my core beliefs." His apology came two days after the Pentagon disavowed his statements, saying they did not represent Defense Department views. The remarks had touched off a salvo of criticism.Kirkland & Ellis partner William Pratt led the team that represented Discover in its landmark $2.75 billion settlement with Visa and MasterCard. We talked with him about the challenges to the litigation.
A looming trial in the case will showcase two of the country's most fearsome patent litigators — Douglas Lumish of Latham & Watkins for TransPerfect and Charles Verhoeven of Quinn Emanuel Urquhart & Sullivan for MotionPoint.
Psychic Friends Presses WorldCom Claim
Toward the end of 2002, WorldCom incurred the wrath of just about anyone with access to a soapbox. Now the bankrupt company faces a courtroom showdown with bankrupt Inphomation Communications, the owner of the Psychic Friends Network, over bills from 900-number pay calls. The trustee overseeing the Inphomation bankruptcy says WorldCom may owe the company as much as $130 million in claims and damages.There's a reason Lumish has been a hot ticket lately on the lateral market: In his first trial since joining Latham in May, the IP litigator knocked out patent claims against TransPerfect Translation International that had threatened to derail the company's business, leaving his adversaries saddled with a $1 million damages award instead.
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