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Paul Newman: A man and actor who never went out of style
The passing of Paul Newman last week, from lung cancer at age 83, is, in a way, the passing of a generation. The Stewarts and Astaires and Hepburns Katharine of Hollywood's Golden Age are gone.So, too, are most of the Pecks and Hestons and Hepburns Audrey who followed.And now Newman, who started out a scoundrel, a rogue and a heartbreaker in the 1950s and ended up a scoundrel and a rogue and a heartbreaker in the 2000s.Latham, Gardere Grab Roles on BP's Gulf of Mexico Asset Sale
The London-based energy giant has agreed to sell some of its deepwater oil and gas assets in the Gulf of Mexico to Houston-based Plains Exploration and Production in a nearly $5.6 billion deal, landing lead roles for Latham & Watkins and Gardere Wynne Sewell. The sale is the latest in a string of major oil and gas transactions yielding work for corporate lawyers around the globe.Deal of the Week: Houston Calling
At first blush, the transaction sounds routine: Houston lawyer Shelton Vaughan is hired to help longtime client Quanta Services Inc. of Houston negotiate a definitive agreement to sell its telecommunications subsidiaries to Florida's Dycom Industries Inc. But Vaughan, a partner in Duane Morris in Houston, says the acquisition turned out to be complicated, because the deal team had to carve out Quanta's telecom business from its other operations.From Executive Legal Adviser:Texas' Best-Paid CEOs
The compensation of chief executive officers at large Texas companies is no secret. CEO compensation is reported in proxy statements and 10-k reports the companies file yearly with the U.S. Securities and Exchange Commission. The chairman of ConocoPhillips leads the list with compensation of more than $50 million.Mountain View, Calif.-based Zettaset Inc. claims Intel led the company on for nearly a year promising collaboration — and then ripped off its technology.
Follow Texas' Green-Brick Road
Attorneys atop the list of best-paid general counsel in Texas in 1999 got there either by working at a company involved in a large acquisition or working for a high-tech corporation. The highly paid GCs garnered multimillion-dollar compensation packages in 1999, with the GCs of AMFM Inc. and El Paso Energy leading the pack, receiving pay packages valued at more than $10 million each.Soldiers Hurt in Iraq Copter Crash Settle Product Claim for $13.5 Million
The Boeing Co. and three other companies have agreed to pay $13.55 million to settle a claim by two soldiers injured in a 2003 Army helicopter crash in Iraq. The settlement was approved by a Los Angeles federal judge. The suit claimed that a gearbox failed during a maintenance flight, causing the chopper to plunge 800 feet. One plaintiff, who was left a quadriplegic, lost a finger and suffered head injuries, will receive $11.2 million; the other, whose spine was shattered, will receive $2.3 million.Trending Stories
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