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Calif. Court's Opinion Reveals Old Financial Hits Taken by Weil Gotshal
Weil, Gotshal & Manges got some good news in a long-running lease fight last week, when a San Francisco court affirmed an award the firm had won in a dispute with its landlord, for breach of contract. But the opinion also upheld a finding of no fraud on the landlord's behalf. In addition, the unpublished ruling offered up some juicy details about how the lease, and the real estate climate, affected the firm's finances.Macy's returns to profitability in 1Q
Macy's says it returned to profitability in the first quarter as the department store operator saw sales pick up.State Bar Can Post Attorney Discipline
The State Bar of California can post the fact of an attorney's discipline on the Internet without violating an agreement not to publicize it, a judge ruled. Lawyer Michael Mack complained the State Bar reneged on a stipulation in which he agreed not to contest a reproval in return for the Bar's pledge not to publicize it. But the bar's online membership records for Mack note, "this member has a public record of discipline."Court Rules Trust Must Go to Hospital, Not Medical School
A divided state Superior Court panel has ruled that a Philadelphia-area corporation that runs a medical school cannot receive a trust worth at least $7 million that was left to a Philadelphia hospital bought by a for-profit corporation.View more book results for the query "*"
Shareholder Lawsuit Against Diamond Foods Dismissed Under McWane Doctrine
The Delaware Court of Chancery invoked the McWane doctrine last week when it dismissed with prejudice a shareholder lawsuit against Diamond Foods Inc. because the plaintiffs filed lawsuits alleging similar claims in both California state and federal courts prior to pursuing litigation in Delaware. In dismissing the plaintiffs' claims, the Chancery Court held that their lawsuit cannot proceed in Delaware because they had first chosen to litigate in California.Webinar to Explore Legal Challenges Faced by Seniors
The New York State Bar Association, the Office of Court Administration and the state Office for the Aging are collaborating to host a two-hour webinar.Brother Unity Maritime S.A. v. Dongkuk Steel Mill Co. Ltd.
Attachment Against Steel Cargo's Consignee Denied; Distortion of Rule B's Scope SoughtLos Angeles County Department of Children and Family Services v. Superior Court (Y.G.)
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