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GC Ann Baskins Faces the Eye of the HP Storm
Ann Baskins has spent almost her entire career at Hewlett-Packard, and has been GC for the past six years. Now she's very near the center of a growing storm over the boardroom investigation at the computing giant. Newspaper stories detailing the crisis place Baskins at several key junctures in the ongoing saga questioning the investigative techniques used concerning press leaks by board members. Though the drama has yet to play out, there are already calls, in some quarters, for Baskins to be fired.Chicago Lateral Market Is Reaching a Fever Pitch
While there are typically some lateral moves early in the year after attorneys get their year-end bonuses, the changes in Chicago this year are at a higher pitch, say attorneys and recruiters, who attribute the exceptional flow to openings of new firm offices in the city, industry merger mania, growth by some firms and the dissolution of smaller ones amid increased competition. "These are some of the best opportunities we've seen in this city in years," says one recruiter.Dechert Bolsters Restructuring Group With 2 Partners From Goodwin Procter
Dechert on Monday added two restructuring partners from Goodwin Procter, including the co-head of that firm's practice. Allan S. Brilliant and Craig P. Druehl joined Dechert in an effort to enhance the firm's New York business restructuring and reorganization capabilities. In the last two years, the pair have represented ad hoc bondholder groups in the CIT Group Funding Co., Builders First Source and Motor Coach Industries bankruptcies.Wolf Block Expands IP Practice in N.Y.
Wolf Block Schorr & Solis-Cohen has expanded its intellectual property practice in New York with the addition of five attorneys from the Manhattan-based boutique Steinberg & Raskin. Wolf Block Chairman Mark L. Alderman said the group would supplement the firm's pre-existing patent prosecution and copyright and trademark capabilities while adding the patent litigation link that was missing in the New York office.Law Profs Win $5 Mil. Defamation Verdict Against West
West Publishing was hit with a verdict of more than $5.1 million in a defamation suit brought by two law professors who claimed their reputations were damaged when West falsely identified them as the authors of a poorly researched treatise update.Calif.'s Biggest Firms Receive Poor Marks for Minority Hiring
The grades are in on workforce diversity, and if this were school, the state's largest law firms would barely be passing.Allen & Overy, Wachtell on $1.8 Billion GE Sell-Off
Allen & Overy landed the lead advisory role for General Electric on the $1.8 billion sale of GE's fire alarm and security unit to Hartford, Conn.-based United Technologies, the conglomerate that makes Sikorsky helicopters, Carrier air conditioners and other big-name items. Wachtell, Lipton, Rosen & Katz advised UTC on the deal, says a UTC spokesman. GE sold its homeland security branch to the French company Safran earlier this year, and is reportedly close to selling its stake in NBC Universal to Comcast.Trending Stories
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