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May 26, 2000 |

Pimco Shareholder Settlement Nets $1.5 Million For Attorneys

Pimco Advisors Holdings settled several lawsuits filed by some of the company's unitholders, who claimed they were being shortchanged in a $4 billion buyout of the bond-fund manager by European insurer Allianz AG. The final settlement has Pimco unitholders dropping the suits in exchange for the partnership slashing the deal's $180 million breakup fee by $60 million, and nets them attorneys fees of $1.5 million.
2 minute read
July 28, 2004 |

News In Brief

After leaving Buchanan Ingersoll just five months ago, Frederick Masters has returned to the firm's Philadelphia office as a partner in its real estate group.
6 minute read
March 28, 2013 |

Big Deals

Berkshire/3G Capital/Heinz; Dell LBO; Liberty Global/Virgin Media; Zoetis IPO
10 minute read
December 07, 1999 |

Jury Wants Chase Manhattan to Pay $600,000 for Retaliating Against Employee

A federal jury found Chase Manhattan Bank retaliated against an employee who filed a complaint about alleged racism and awarded the employee $600,000. The verdict was in favor of 53-year-old Eunice Lafate and includes $500,000 for reckless and wanton behavior. The 10-member, all-white jury rejected Lafate's charge that the bank passed her over for a promotion because she is black, but concluded Chase punished her for griping to the Equal Opportunity Commission.
3 minute read
May 03, 1999 |

Corporate Law

The Delaware state Supreme Court ruled that the Delaware Limited Liability Company Act does not prohibit members of a limited liability company from designating arbitration in another jurisdiction as the sole method of dispute resolution. The court made the ruling, which affirmed a Chancery Court decision, despite the LLC act which grants jurisdiction to the Court of Chancery. Chief Justice Norman Veasey, who wrote the opinion, said the case was one of first impression under the LLC act.
2 minute read
November 01, 2010 |

Big Deals

Reynolds Group / Pactiv; HP / 3PAR and ArcSight; 3G Capital / Burger King
9 minute read
November 21, 2003 |

School, Diocese Sued for Firing Teacher for Pro-Choice Views

A suit initiated by a teacher who was fired after signing a pro-choice ad has pitted the right of a private school to determine who it wants on staff against the plaintiff's right to speak out in favor of abortion rights. In a complaint filed in federal court in Delaware, the plaintiff alleged that her former employer and the Catholic Diocese of Wilmington violated the Civil Rights Act and the Pregnancy Discrimination Act by terminating her employment.
5 minute read
August 05, 2004 |

New Deals

3 minute read
June 08, 2007 |

Firms find advertising is a tough sell

6 minute read
June 18, 2007 |

Law Firm Advertising Still Slow To Change

Although firms themselves have undergone profound changes since the U.S. Supreme Court decided 30 years ago this month that even lawyers were entitled to free speech, the profession's advertising manner and message mdash; especially among the larger firms mdash; have evolved very little in those 30 years, according to many industry observers.
6 minute read

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