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Dealing with a business opportunity on a typical day
How a law firm might take the necessary steps from Internet rumor to representation proposal.The 'Off-Centered' GC at Dogfish Head Craft Brewery
Shauna Barnes's formal job title is "off-centered general counsel"—a concession to a determinedly informal workplace.The Bankruptcy Files: ResCap Asset Sales Headline Busy Bankruptcy Month
Mayer Brown is advising a group led by Ocwen Financial on its $3 billion acquisition of bankrupt mortgage lender Residential Capital's loan servicing assets, while Munger Tolles is representing Warren Buffett's Berkshire Hathaway on its $1.5 billion acquisition of ResCap's loan portfolio. Meanwhile, other Am Law 100 firms such as Arnold & Porter, Bryan Cave, Cadwalader, DLA Piper, Greenberg Traurig, Kirkland & Ellis, Proskauer Rose, and Sidley Austin have also landed key roles in the latest round of notable bankruptcy filings.Speculation on Steele's Successor Centering on Two
The Judicial Nominating Commission has not yet requested applications from candidates interested in becoming the state's next Supreme Court chief justice, but speculation has already begun on who will replace Myron T. Steele as Delaware's top judicial officer. Although Steele only recently announced his intention to step down in late November, Delaware legal sources say the competition to become the next chief justice is a close two-horse race between Delaware Court of Chancery Chancellor Leo E. Strine Jr. and Superior Court Judge Jan R. Jurden.Chartwell Law Offices Opens Third New Office in 5 Months
The Chartwell Law Offices has opened in Medford, N.J., marking its third new office in five months. The firm opened the new location last month with the addition of new partner Harry R. Blackburn, former head of Medford-based Harry R. Blackburn & Associates. And Chartwell CEO Clifford A. Goldstein says there are "three or four more potential deals happening." Goldstein says the recession has led to "a lot of little cracks that have been opening all over the place," meaning a wealth of hiring opportunities.Being GC of KB Toys Is More Than Fun and Games
Scott Hochfelder is general counsel and secretary of KB Toys Inc., which runs about 650 stores in 44 states, Guam and Puerto Rico. Hochfelder is helping the company move forward after emerging from its 2004 bankruptcy. He says his legal department's greatest challenges include converting its mind-set from "playing defense" as a Chapter 11 debtor to operating more as an "offensive player" and a "profitable player in the retail industry." And yes, Hochfelder does have toys in his office.Chartwell Opens Office in N.J.
The Chartwell Law Offices has opened in Medford, N.J., marking its third new office in five months.Speculation on Steele's Successor Centering on Two
The Judicial Nominating Commission has not yet requested applications from candidates interested in becoming the state's next Supreme Court chief justice, but speculation has already begun on who will replace Myron T. Steele as Delaware's top judicial officer. Although Steele only recently announced his intention to step down in late November, Delaware legal sources say the competition to become the next chief justice is a close two-horse race between Delaware Court of Chancery Chancellor Leo E. Strine Jr. and Superior Court Judge Jan R. Jurden.Trending Stories
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