0 results for 'Reed Smith'
N.J. Gets Boost in Venture Capital
Venture capital firms poured $249.3 million into New Jersey-based startups and other privately held companies during the second quarter of 2006, with investments in biotech companies accounting for $105 million, according to a new survey released by PricewaterhouseCoopers and the National Venture Capital Association. "New Jersey is the nation's biotech and pharmaceutical capital, so it's not surprising that more than 42 percent of state funding went to biotech companies," says PwC partner Susan Roos.The chief judge of the U.S. Court of Appeals for the Ninth Circuit handed plaintiffs securities lawyers a partial victory Wednesday, while one of his protégés handed them a flat-out defeat.
Lawyer's Advice Merely Bad, Not a Tactical Move, Calif. Court Finds
Sometimes an attorney's bad advice is just bad advice, not shrewd legal strategizing gone awry. That's what California's 6th District Court of Appeal concluded Tuesday when it reversed a trial court judgment and set aside defaults issued against two foreign microchip marketers. The judges rejected the idea that the default was a strategic move by the defendant, or its Akin Gump Strauss Hauer & Feld attorney, Yitai Hu.New Patriot Act Rules Take Hold for Financial Institutions
Nearly two years after passage of the USA Patriot Act, another piece of the law kicked in last week as new regulations designed to combat the financing of terrorist activity and international money laundering began being enforced.Small-Firm Litigator Is a Master at Picking Teams
Colleagues and clients concur that it is unusual to find a litigation practice of Taylor & Co.'s caliber in a four-attorney package. Sole partner Stephen Taylor charges $650 per hour on IP matters that few small-firm lawyers are called on to do. The firm works for technology companies and handles professional liability for the San Francisco Bay Area's large law firms and general litigation matters for venture capital firms. Even opposing counsel refer work to Taylor when they have a conflict.Judge Has No Case Against TV Station
Allegheny Common Pleas Judge Jeffrey A. Manning's defamation suit against a Pittsburgh TV station that ran a story in which sources alleged that the jurist uttered a racial slur during a 1995 disagreement with an airport baggage handler was properly dismissed, the Superior Court has ruled in a 2-1 decision.'Say on Pay' Policies Stir Debate Among Attorneys
During the past year, policies giving shareholders a nonbinding vote on how much executives are paid have taken off in the business world, fueled largely by public outrage over exorbitant executive salaries. The reaction among corporate attorneys who are advising their clients on formulating such policies ranges widely, with some calling them a nuisance that grants too much power to shareholders and others calling them a valuable safety valve that could help prevent litigation.Trending Stories
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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