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Bank wins Plantation site with $100 bid at auction
Cooley Lays Off 27 Associates and 19 Staffers
Citing the stalled economy and continued decline in corporate work, Palo Alto, Calif.-based Cooley Godward laid off 27 associates in its business department and 19 paralegals, secretaries and other staff members Thursday. The firm also hinted that it was planning to close its Kirkland, Wash., office. In a firmwide e-mail, Cooley Chairman Stephen Neal said the cuts would affect all but two offices.WTC owners finish paying $300K/day in late fees
The owners of ground zero say they've stopped paying $300,000-a-day penalties to the developer at the World Trade Center site after more than a year.Superior Court Reverses Trial Courts' Transfers of Venue
After keeping several cases out of Philadelphia for failure to meet the stringent standard for forum non conveniens in Pennsylvania, the Superior Court rejected a defendant's motion to move a case from Philadelphia to the Bucks County Court of Common PleaView more book results for the query "*"
McGuireWoods, Ex-Partner Wrestle Over Lead Role in $49 Million Class Action
McGuireWoods and former partner Eliot Disner aren't wasting time before duking it out over control of a $49 million class action against BAR/BRI, the nation's leading bar review company. Less than two weeks after Disner says disagreement over strategy led to his ouster from the firm, the lawyer has asked a judge to name him "co-lead counsel" in the BAR/BRI litigation. McGuireWoods has fired back, arguing that Disner, already in line for a 30 percent cut of the attorney fees, should have no role whatsoever.Federal Jury Returns $136.8 Million Verdict Against GE Capital
A federal jury in Houston awarded $136.8 million in damages in an overseas power plant deal gone bad. The winner, Canatxx Energy Ventures Inc., alleged that its financial adviser for the $1 billion power-generation development project conspired with an affiliate to oust Canatxx from the project. The jury found that GE Capital breached its fiduciary duty to Canatxx, committed constructive fraud, engaged in acts of unfair competition and was part of a conspiracy that damaged Canatxx.Developer sues Morgantown rather than install stop sign
Rather than pay as little as $30 for a stop sign, a W.Va. developer is suing the city of Morgantown for alleged discrimination.Trending Stories
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