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Law firm mergers populate first quarter of 2009
On Jan. 1, Florida-based Gordon Hargrove & James merged with San Francisco-based Sedgwick Detert Moran & Arnold. That merger is one of 20 around the country that are scheduled to close in 2009's first quarter. Sedgwick's chair says the economic downturn played a minimal role in the firm's decision, but that may not be the case for other firms. Consultant Bill Brennan says the economy has partners in smaller firms "now more willing to consider 'going to the dark side' and joining a bigger firm."Alston seals Calif. deal, adds 94 lawyers
Alston Bird's partnership on Wednesday approved the firm's expansion into California by acquiring a Los Angeles firm and an intellectual property practice in Silicon Valley. The two acquisitions give Alston almost 100 lawyers in California. The L.A. firm, Weston Benshoof Rochefort Rubalcava MacCuish, has 83 lawyers, and the IP group is the 11-lawyer Silicon Valley office of Akin Gump Strauss Hauer Feld.China bankrolls Chavez's re-election bid with loans for oil
President Hugo Chavez hands out homes to the poor, stocks "socialist" supermarkets with appliances and builds a cross-country railroad — all aimed at winning votes next month in his toughest election battle ever.11th Circuit Provides a CAFA Mass Action Primer
The Class Action Fairness Act has been with us for about 2 1/2 years. Hundreds of district and circuit court opinions have grappled with numerous issues, but Loyola of Los Angeles Law School's Georgene M. Vairo notes that one aspect of CAFA has received relatively little attention -- the mass action provision. Calling it a "must read for all CAFA aficionados," Vairo discusses a recent 11th Circuit opinion that sets out a comprehensive analysis of many of CAFA's mass action provisions.Punitives Take Hit in 'Exxon' Ruling, but How Hard?
Whether the U.S. Supreme Court's decision last week in Exxon Shipping Co. v. Baker reflects a new approach by the justices that could lead to additional and stricter limits on punitive damages awards outside the context of maritime law will have to await the next constitutional due process challenge that arrives at the high court. But it is clear that the ruling will now become part of the arsenal for major corporate defense firms that bring challenges to these damages awards.EPA Issues Rule To Clarify Equipment Exemption
The federal Environmental Protection Agency continued its overhaul of the Clean Air Act New Source Review program on Aug. 27 with the promulgation of a final rule clarifying the scope of the NSR equipment replacement exemption. The rule, which was proposed as part of the December 2002 NSR reform rulemaking package, clarifies the circumstances under which equipment replacement activities at an existing source would not be subject to NSR requirements.Daily Decision Service Alert: Vol. 20, No. 35 - Feb. 23, 2011
Daily decision alert.U.S. Law Firms Set Their Sights on Cuba After Castro
With Fidel Castro turning 80 this year, U.S. lawyers are contemplating Cuba's future more than ever. There are two main sources of interest. Some -- mostly Cuban-American attorneys with sentimental ties -- want to help the country's legal system when the Communist regime falls. Others view the island as a lucrative source of business, from tourism and infrastructure to oil and "everything under the sun," as one firm partner puts it. But lawyers must still contend with the U.S. government's trade embargo.Trending Stories
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