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Deal Watch: Locke Lord aims to take advantage of insurance overhaul
The subprime collapse will soon affect companies that insure corporate and municipal bonds, in the form of a massive regulatory overhaul in all 50 states, said Locke Lord Bissell Liddell partner Brian T. Casey.Bond insurers like MBIA Inc. and Ambac Financial Group Inc. have been hammered by the recent meltdown of the subprime mortgage market.Creating a Company's Living Will Has Benefits
Who looks forward to making a will? Under the Dodd-Frank financial reform law, major financial institutions don't have a choice. They're required to pen "living wills" detailing assets and liabilities and how the bank would protect or unwind those assets in the event of a financial crisis. But where some might see a compliance challenge in writing these plans, Abdi Shayesteh, deputy general counsel for Mitsubishi UFJ Financial Group Inc., sees a golden opportunity.Tyco Dispute Grows More Bitter
Responding to a lawsuit filed by Tyco International Ltd. against Mark A. Belnick, its former chief corporate counsel, Belnick's attorney on Tuesday tried to throw the accusations back against the accusers. In its complaint filed Monday, Tyco alleges that Belnick breached his fiduciary duty by taking more than $30 million in undisclosed compensation.Windows blocked on judge-picking process
The day after President Barack Obama took office, he said that open government would be a touchstone of his administration."The way to make government accountable is make it transparent so that the American people can know exactly what decisions are being made, how they're being made, and whether their interests are being well served," Obama told a gathering of senior staff and cabinet secretaries.
Appeals court avoids same-sex adoption thicket
Panel lets stand adoption by partner of child's mother but sidesteps issue of its legality. Judge Keith Blackwell, above, who will join the Supreme Court this week, questioned the legality of "second-parent" adoptions without marriage.Georgia to court: Revisit history
On the cover sheet of the brief Georgia's water-wars lawyers filed in federal court last year was a 1940s photo of the U.S. Army Corps of Engineers' sign at Lake Lanier's construction site. Clearly displayed on the sign, just below the words "Buford Dam" and "U.S. Army" are these words: "Primary Purposes: Flood Control-Power-Water Supply-Increased Flow for Navigation.Deal Watch: Sysco grows large with midsize AGG as a guide
With about 130 lawyers, Arnall Golden Gregory is only a fraction the size of the Am Law 200 law firms atop Corporate Counsel magazine's yearly list of firms that represent America's biggest companies. And AGG is located about 800 miles to the east of Houston, where one of its largest clients is headquartered.Yet AGG continues to perform the bulk of legal work across most of its practice groups for this client, Houston-based Sysco Corp.Trending Stories
- 1Generations Aren't Connecting, and It May Be Hurting Law Firms
- 2A Law Firm Divided: How Generational Differences Are Fracturing Firms
- 3Skadden's Reputation Remains Sterling. So Why Are Partners Leaving?
- 4A Look at Law Firms' Intergenerational Communication Breakdown
- 5After Milbank Rolls Out Summer Bonuses, Big Law in 'Waiting' Mode While Associates Watch Eagerly
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
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