Archive for June, 2017
Law Firm Not Liable for $1.5B Loan Gaffe
News
A recent ruling means that entities that loaned General Motors $1.5 billion before it went bankrupt cannot sue GM’s law firm, Mayer Brown, for accidentally canceling the collateral on the loan, Courthouse News Service is reporting.
Ex-WellCare General Counsel Pleads Guilty in Florida Medicaid Case
News
Thaddeus Bereday, indicted along with four other former WellCare executives in 2011, faces a maximum of five years in prison.
Shkreli Described by Prosecutors as Spinning ‘Lies Upon Lies’
News
Shkreli is accused of fraud in relation to his control of two hedge funds he ran as well as Retrophin Inc., a pharmaceutical company he founded in 2011. Prosecutors characterize him as a con man.
Nasdaq and Center for Board Excellence Announce Partnership
News
Nasdaq will be offering the Center for Board Excellence’s products through the Directors’ Desk and BoardVantage platforms. This will allow Nasdaq customers to access CBE’s EnGauge platform services such as Directors’ & Officers’ Questionnaires, Board and CEO Assessments, and other compliance and Assessment related products and services, through their Nasdaq board portals.
DLA Piper Victim of Massive Malware Attack
News
The Petya virus has been spreading, locking companies out of their networks and demanding a ransom in cryptocurrency to unlock them, reports Bloomberg Law.
Class Action Accuses Steptoe & Johnson of Gender Bias
News
Ji-In Houck of Los Angeles says her starting pay at the firm as a contract attorney was barely half the $165,000 that inexperienced male lawyers made – though she had experience in civil litigation.
The Litigation Storm Around President Trump
News
Cities, states, members of Congress, and watchdog groups are suing the president for a variety of claims, according to Bloomberg.
The Importance of Having an Anti-Retaliation Policy When Conducting an Investigation
Insight
Employers are obligated to investigate certain discrimination complaints and they are required to prevent retaliation, advises Natalie Lynch of Lynch Service Company.
James Aycock Receives Distinguished Probate Attorney Lifetime Achievement Award
News
Join Our LinkedIn GroupLangley & Banack, Inc. attorney James Aycock received the Distinguished Probate Attorney Lifetime Achievement Award from the Real Estate, Probate and Trust Law Section of the State Bar of Texas.
LexisNexis Launches Lexis Answers, Bringing AI Capabilities to Legal Research Platform
News
LexisNexis announced the immediate availability of a new offering, Lexis Answers, which infuses artificial intelligence into its flagship Lexis Advance legal research platform. Lexis Answers represents the company’s first foray into cognitive computing.
Bailey Brauer Helps Secure Appellate Win in Texas Partnership Liability Battle
News
In a decision relying on the Fifth Circuit Court of Appeals’ application of a 19th century court ruling to Texas general partnership liability law, an agricultural wholesaler will be allowed to enforce a judgment against individual partners of a defunct agribusiness partnership.
Michael Best Names Eight Attorneys to Partnership
News
Michael Best & Friedrich LLP announced eight attorneys have been promoted to the firm’s partnership.
Blank Rome Welcomes White Collar Defense & Investigations Partner in Philadelphia
News
Blank Rome LLP announced that Mark M. Lee has joined the firm as a partner in the white collar Defense & investigations practice in the Philadelphia office.
Vault Releases List: Top 100 Law Firms for Prestige for 2018
News
Vault based its ranking on scores from nearly 18,000 law firm associates surveyed earlier this year, who were asked to rate law firms on a scale of 1 to 10 based on prestige.
Unsigned Contract = No Proper Insurance Coverage
Insight
Commonsense Construction Law reports on a case in which an unsigned contract meant that the contractual liability exclusion in the subcontractor’s insurance policy would control.
What Does Your Reservation Clause Mean?
Insight
Two Locke Lord lawyers authored a discussion about a court decision that emphasizes the importance of properly phrasing a reservation clause, as to avoid inadvertently granting an interest in a mineral estate.
Drafting and Negotiating IP & IT Provisions in M&A Transactions
Event, June 28, 2017, 1 p.m. EDT
Practical Law will present a free 75-minute webinar discussing IP and information technology considerations in drafting and negotiating M&A agreements.
Michigan Employment Attorney Andrey Tomkiw Joins Dinsmore in Detroit
News
Andrey Tomkiw, former managing member of Michigan business boutique law firm Tomkiw Mackewich, plc., has joined Dinsmore as a labor & employment partner.
International Association of Defense Counsel Publishes Defense Counsel Journal Spring 2017 Edition
Insight
The International Association of Defense Counsel has published the spring 2017 edition of its Defense Counsel Journal, which is available for free to non-IADC members via the IADC website.
Making Your Law Firm Media Savvy from Top to Bottom
Insight
President Donald Trump’s complaints about anonymous media sources and unauthorized White House news leaks are symptoms of a lack of planning that offers an important lesson in crisis communications for law firms, writes Bruce Vincent of Muse Communications.
