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NY Probes Rights Sale of World Trade Center Name
ALBANY, N.Y. — New York is expanding its probe nationwide into the 1980s sale of the rights to the World Trade Center name to a nonprofit for $10, resulting in millions of dollars in fees for use of the name in 28 states, according to an official familiar with the investigation.Italia Federici Pleads Guilty, Says She Will Cooperate in Probe
Italia Federici, former head of a Republican environmental advocacy group, pleaded guilty Friday to tax evasion and obstructing a Senate investigation into the Jack Abramoff lobbying scandal.King & Spalding M&A Co-Head Moves to Clifford Chance
Clifford Chance has recruited to its New York office the former co-head of the mergers and acquisitions practice at King & Spalding. John L. Graham, who was a partner in Atlanta-based King & Spalding's New York office, has handled major transactions in the media, telecommunications and real estate industries. He is one of several partners Clifford Chance has recruited in recent months.
ABA Chief Envisions Generations Teaming Up for Success
Despite persistent accounts of freshly minted lawyers being unable to find work, American Bar Association President Laurel Bellows says she's hopeful. In this wide-ranging Q&A, Bellows weighs in on training, job opportunities, mentoring and the general state of the legal industry.
Law Journal Press | Digital Book
New Jersey Business Litigation 2025
Authors: Paul A. Rowe, Andrea J. Sullivan
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Judiciary: Leave issue to the other branches
IT'S OLD NEWS that public nuisance theories increasingly are pleaded in an attempt to impose liability on product sellers when more traditional products liability theories would not work. Many-but certainly not all-courts confronted with such attempts have refused the invitation to extend public nuisance theory beyond its historic property-based origins and into the realm of products liability.Associates Can't Look to Firms to Pay for Sanctions
An Illinois appeals court reminded the state's youngest lawyers that an associate generally has no right to be reimbursed from his law firm for any sanctions that might be imposed by a trial court, even though the alleged misconduct he engaged in occurred while being supervised by a partner.
Which GCs Are Most at Risk in Backdating Cases?
Why is the government taking action against some general counsel who backdated stock options, while letting others off the hook? According to John Villa, a partner at Williams & Connolly, the key is whether GCs knew that backdating creates an accounting problem. If they did -- and did nothing to fix it -- they're more likely to face a civil suit from the SEC or criminal charges from the Department of Justice. Villa reached his conclusion after looking at the cases of seven GCs who face backdating charges.Trending Stories
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