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April 28, 2006 |

'Delphi' May Encourage Formation of Equity Panels

The appointment of an equity committee is a rare exception in Chapter 11 cases, yet, recently, in In re Delphi Corp., et al., the court directed just such an appointment -- at the request of a 9 percent shareholder and at the expense of the Delphi estate. The full impact of Delphi depends on who has the burden of proof on a subsequent motion to disband the committee and what level of proof will be required regarding the potential for a meaningful distribution to equity.
10 minute read
November 13, 2003 |

Newsbriefs

4 minute read
January 16, 2004 |

2nd Circuit Dismisses Foreign Tax Claims Against Tobacco Companies

The legislative history of the USA Patriot Act does not show clear intent by Congress to abrogate a rule barring suits in the United States to enforce foreign tax judgments, the 2nd U.S. Circuit Court of Appeals has ruled.
4 minute read
June 12, 2006 |

Lost Horizons in China?

Foreign firms fear suddenly being shut out of a growing legal market as Chinese lawyers become sticklers about, um, Chinese laws.
6 minute read
January 04, 2007 |

Practical Responses to New Federal Rules on E-Discovery

As of Dec. 1, 2006, amendments to the Federal Rules of Civil Procedure, aimed directly at regulating e-discovery, have gone into effect. What, in practical terms, should prospective litigants and their counsel do, to comply with -- and take advantage of -- the new rules?
9 minute read
June 30, 2004 |

The Am Law 100: Compensation All Partners

34 minute read
July 14, 2008 |

Start Game

Take-Two Interactive Software Inc. is a major worldwide publisher, developer and distributor of software, hardware and accessories for computer entertainment systems. Its lucrative proprietary-brand franchises include Grand Theft Auto and Manhunt. GC Seth Krauss says he grapples with "every conceivable" legal issue, but that First Amendment cases and securities law issues provide "tremendous" challenges for Take-Two's legal arm.
5 minute read
April 27, 2010 |

Like 'Getting a Date With the Cute Girl in Class': Aglow With IPOs

This year, Silicon Valley's corporate lawyers are at long last the popular kids again as tech companies are going public en masse for first time in years. But a survey of legal fees shows that even with the upswing, generally lawyers aren't getting paid more for the work. It's still a buyers market.
6 minute read
December 24, 2009 |

Pillsbury Gets Richmond Tax Struck Down

A voter-approved measure that hiked Chevron's business tax in Richmond from $60,000 a year to $20 million was struck down, though the cash-strapped city may appeal.
3 minute read
May 22, 2006 |

DLA Piper Snags Tech Startup Team

DLA Piper Rudnick Gray Cary has lured Jeffrey Leavitt from Arnall Golden Gregory and Douglas Spear from Morris, Manning & Martin to lead its Atlanta's office's new practice group: emerging companies and venture capital. Local managing partner Mark Grantham said tapping lawyers in their early 30s to establish an emerging companies practice was not as unusual as in some other areas. "This field is dominated by young people, both on the client or company side and on the consulting, financial and legal side."
4 minute read

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