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GCs see rise in restricted stock grants
When internet re tailer IAC/InterActive Corp.'s profits soared by a cool 431% last year, it rewarded its general coun sel accordingly. Much of the company's growth came from the high-profile acquisition of Ask Jeeves Inc. (renamed Ask.com) and the spinoff of Expedia.com-two deals that IAC's GC, Gregory Blatt, helped seal.Nigeria: an FCPA minefield for corporations
Outsiders face significant difficulties avoiding corruption pitfalls without assistance of local counsel.Daily Decision Service Alert: Vol. 18, No. 20 ? January 30, 2009
Daily decision alert.3rd Circuit Rules CountiesImmune to False Claims Act
The 3rd U.S. Circuit Court of Appeals has ruled that county governments cannot be sued under the False Claims Act - also known as the federal whistleblower law - because its mandatory treble damages provision is punitive in nature and local governments are immune under the common law from being assessed punitive damages.Managing the Money: Is Cash Flow Becoming a Big Issue for Law Firms?
When now-defunct Wolf Block attempted to tap into its line of credit in the beginning of this fiscal year to help manage cash flow, its bank wasn't all that eager to hand over the dough without some serious conditions that partners just couldn't swallow.Forum shopping alleged in Ch. 11
Florida food retailer Winn-Dixie's bankruptcy filing in New York has rekindled allegations that a forum-shopping war between the states includes bankruptcy judges engaging in unseemly competition for cases.The Not-So-Usual Class Action Suspects
Class action work in Australia has traditionally been dominated by two big plaintiffs' firms. But last month it was mid-tier corporate firm Piper Alderman that delivered a victory in a class action against Lehman Brothers. Other mainly defense firms have also been trying the plaintiffs' side on for size.Trending Stories
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