Counsel News and Events for Attorneys and Executives

AZA Adds to Intellectual Property Victories and Honors

AZA Adds to Intellectual Property Victories and Honors

News
Ahmad, Zavitsanos, Anaipakos, Alavi & Mensing P.C. has been named best in class in patent litigation by Intellectual Asset Management Patent Survey in 2015 and again in 2016 and was named one of the 10 largest IP firms in Houston in 2016 by the Houston Business Journal.

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Latham Advises Onex and Baring Asia on Thomson Reuters Acquisition

News
Onex Corporation and Baring Private Equity Asia have announced their affiliated private equity funds have agreed to acquire the Intellectual Property & Science business (IP&S) from Thomson Reuters, for $3.55 billion.

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Gardere Appoints Michael Drankoski as New Executive Director

Gardere Appoints Michael Drankoski as New Executive Director

News
Gardere Wynne Sewell LLP announced that Michael Drankoski has been named the firm’s new executive director, effective immediately. He will replace Judy Vetkoetter upon her retirement from Gardere later this year.

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Quarles & Brady Announces First Managing Partner Transition

Quarles & Brady Announces First Managing Partner Transition

News
Quarles & Brady LLP has announced that Daniel G. Radler will become the firm’s managing partner, succeeding Fredrick G. Lautz.

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Mitratech Extends e-Billing Platform to eCounsel

News
Mitratech, a provider of Enterprise Legal Management (ELM) solutions, announces the latest release of eCounsel, the company’s first major software release since the acquisition of Bridgeway in the fall of 2015.

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SEC Accuses KPMG Partner in Atlanta, Two Others of Insider Trading

News
U.S. securities regulators have accused a KPMG partner and two other individuals of insider trading on tips about three pending corporate mergers on which the accounting firm was providing advice, Reuters is reporting.

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Trends in New Business Entities: 30 Years of Data

Insight
Limited Liability Companies, or LLCs, are now the most popular legal entity for organizing businesses in the United States, according to a new report issued by Berkman Solutions.

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Business Litigation in California: Perplexing, Downright Exasperating

Insight
Archer Norris published its second annual California Business Litigation Report, revealing that corporate lawyers continue to view many aspects of California’s business environment as perplexing, downright exasperating, and in many ways more challenging than other states.

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Theranos CEO Holmes Banned From Operating a Lab for 2 Years

Theranos CEO Holmes Banned From Operating a Lab for 2 Years

News
Theranos Inc.’s Chief Executive Officer Elizabeth Holmes was banned for two years from owning or operating laboratories by U.S. regulators, a major blow against the controversial blood-testing startup that’s come under scrutiny for risking patient harm with unreliable tests, reports Doni Bloomfield for Bloomberg Technology.

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U.S. Tax Agency Investigates Facebook’s Ireland Asset Transfer

U.S. Tax Agency Investigates Facebook’s Ireland Asset Transfer

News
The tax authority is examining whether Facebook understated its U.S. income by selling rights to an Irish subsidiary too cheaply, reports Reuters.

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Uber GC’s 10-Word Email Could Lead to Potentially Costly Embarrassment

Uber GC’s 10-Word Email Could Lead to Potentially Costly Embarrassment

News
A supposedly rogue investigation that Uber originally claimed it knew nothing about — and which could turn out to be a costly embarrassment for the ride-hailing giant — began with a 10-word request from the company’s general counsel, reports Matthew Flamm in Crain’s New York Business.

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Enforceability of Electronic Agreements in Real Estate Transactions

Enforceability of Electronic Agreements in Real Estate Transactions

Insight
It is becoming common for more and more transactions to be created, negotiated, finalized and executed electronically, according to an alert from Arnall Golden Gregory LLP. From a real estate perspective, virtually all documents other than those that are being recorded are exchanged electronically.

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Time to Update Your Client Arbitration Agreements

Time to Update Your Client Arbitration Agreements

Insight
The failure to incorporate new standards into fee agreements means not only that non-conforming provisions will be deemed unenforceable, writes Edward F. Donohue III of Hinshaw & Culbertson LLP.

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New Federal Trade Secrets Law Contains A Hidden Trap

New Federal Trade Secrets Law Contains A Hidden Trap

Insight
Immunity notification requirements of the Defense of Trade Secrets Act are less than straightforward, writes writes Michael Greco in Fisher Phillips. If employers intend to avail themselves of the new federal cause of action, they should carefully analyze their agreements and policies to ensure compliance.

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Contractual Waiver of Subrogation Applied to Owner’s Non-Work Property

Contractual Waiver of Subrogation Applied to Owner’s Non-Work Property

Insight
Considerable litigation has arisen as to whether a waiver of subrogation provision in a construction contract applies to bar an insurer’s subrogation claim against a contractor to the extent the insurer covered damage to the owner’s “non-work” property under the owner’s existing property policy, writes Robert Barrack of Robinson Cole.

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Power Regulatory Series: Complimentary Webinar

Power Regulatory Series: Complimentary Webinar

Event, July 20, 12 p.m. CDT
Bracewell will present a webinar titled “Qualifying Facilities, Exempt Wholesale Generators and Market-Based Rates: The Basics and Beyond” on Wednesday, July 20, beginning at noon CDT.

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Former Pinochet Lieutenant Living in Florida Liable for Murder and Torture

News
A six-person jury in the U.S. District Court for the Middle District Florida found Pedro Pablo Barrientos Nunez liable for the 1973 detention, torture and execution of Chilean social icon Víctor Jara.

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FBI Says It’s Conducting 30 Undisclosed Insider Trading Probes

News
Reuters is reporting that the FBI in New York City has undisclosed probes into about 30 suspected insider trading schemes, in a sign investigators remain focused on building cases despite a court ruling that could curtail such prosecutions.

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Court Upholds Ex-Korn/Ferry Executive’s Conviction in Hacking Case

Court Upholds Ex-Korn/Ferry Executive’s Conviction in Hacking Case

News
A federal appeals court on Tuesday gave the U.S. Department of Justice broad leeway to police password theft under a 1984 anti-hacking law, upholding the conviction of a former Korn/Ferry International executive for stealing confidential client data, reports Reuters.

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Associate Salary Tally: The Good, the Bad & the Ugly

News
About 107 law firms have issued raises to their associates after the initial big salary hike announced by Cravath, Swaine & Moore almost a month ago, reports Above the Law editor Joe Patrice in a transcribed interview with Casey Sullivan on Bloomberg Law.

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