Archive for December, 2020
Eversheds Sutherland Elects 11 New US Counsel
AnnouncementEversheds Sutherland is pleased to announce the election of 11 new US counsel effective January 1, 2021.
Should you file a provisional patent application?
InsightShould you file a provisional patent application?
Acrobats Hurt in Circus Accident Reach $52.5M Settlement
NewsEight acrobats severely injured when the rigging suspending them by their hair plummeted to the floor during a circus performance in Rhode Island in 2014 have reached a $52.5 million settlement with the ownership and management of the arena where the circus was held.
IRS Fishing Expedition Is Successful and Raises Important Attorney-Client Privilege Concerns
NewsThe attorney-client privilege is one of the bedrocks of the legal profession.
New Information Reporting on Beneficial Owners Included in 2021 NDAA
InsightsEarlier this month, both houses of Congress passed the 2021 National Defense Authorization Act (‘2021 NDAA’).
Former Top Attorney at Harley-Davidson Named Marquette University’s General Counsel
NewsMarquette University named the former top attorney at Harley-Davidson Inc. as its new vice president and general counsel.
Biglaw Firm Touts Successful Year, But Doesn’t Thank Associates with Special Bonuses
NewsAt Alston & Bird, the year-end bonuses are individualized and tied to hours, not class year, as at most Biglaw firms.
Washington, D.C., Poised to Ban Most Non-Compete Agreements
InsightsNon-compete agreements may all but disappear from the Washington, D.C. employment landscape in 2021.
When “Liquidated Damages” Are Not
InsightsAs a general rule, courts do not save sophisticated parties from bad deals; instead, courts enforce both good deals and bad deals between sophisticated parties according to the express terms set forth in a written contract.
Solar and Wind Tax Credits Extended, Again
InsightsThe United States Congress passed a second large stimulus bill aimed at curtailing the economic disruptions caused by COVID-19.
Barnes & Thornburg Launches Racial and Social Justice Foundation
AnnouncementFirm pledges initial donation of more than $200,000 to nonprofit organizations combatting racial and social injustice
Bitmovin Releases Open Source Nondisclosure Agreement to Speed Commercial Transactions
AnnouncementBitmovin announced an open-source NDA that standardizes the most commonly used clauses to speed up transactions, created by researchers from the UC Hastings and Bitmovin’s General Counsel.
Barnes & Thornburg Elects 10 New Partners for 2021
AnnouncementBarnes & Thornburg has elected 10 attorneys as partners, effective Jan. 1, 2021. The new partners, their office location and practice areas are:
Michael K. Hurst Named to The International Society of Barristers
AnnouncementMichael K. Hurst, name partner at the highly respected Dallas trial boutique Lynn Pinker Hurst & Schwegmann, has been named as a member of The International Society of Barristers.
UNG Names General Counsel
NewsUniversity of North Georgia President Bonita Jacobs has announced Reggie Lampkin as the new university general counsel, effective Jan. 1.
Millions in Pandemic Aid Didn’t Stop These Firms from Cutting Jobs or Pay
NewsLaw firms rushed to secure government aid early in the coronavirus pandemic, borrowing nearly $12 billion from the U.S. Small Business Administration’s Paycheck Protection Program as their revenues were threatened by court closures and a freeze in corporate deals.
Robinhood Agrees to Pay $65M Settlement Following SEC Claims About Trading
NewsRobinhood Markets has agreed to pay $65 million to settle Securities and Exchange Commission allegations that the broker failed to properly inform clients that it sold their stock orders to high-frequency traders and other financial firms.
Prominent Baltimore Lawyer Snared in Federal Racketeering Case Against Defense Attorney
NewsA federal grand jury has charged prominent attorney Joshua Treem and a private investigator in the racketeering case against defense attorney Kenneth Ravenell, alleging that they helped conceal Ravenell’s conduct by obtaining false statements to protect him.
Contractual Dispute Resolution Provisions
InsightsIncluding a contractual dispute resolution provision in an agreement may reduce costs, expedite resolution, and potentially lead to a more favorable outcome. But a poorly crafted provision can do just the opposite.
An Extreme Case of Petitioner’s Remorse
InsightsMany business divorce practitioners are familiar with a phenomenon one might call ‘petitioner’s remorse’ – an often abrupt abandonment of one’s desire to dissolve a closely-held business entity when the opposing party unexpectedly declines to oppose or consents to dissolution.
