Counsel News and Events for Attorneys and Executives

Dykema Launches Cannabis Law Practice

Dykema Launches Cannabis Law Practice

News
National law firm Dykema has announced the launch of its Cannabis Law practice, creating an integrated and specialized offering for clients navigating the myriad issues that arise from operating in the cannabis industry, according to a release from the firm.

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Litigator Sean Whyte Joins Gardere Wynne Sewell

Litigator Sean Whyte Joins Gardere Wynne Sewell

News
Sean M. Whyte’s litigation practice includes complex commercial litigation, consumer class actions and products liability.

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Theodore Sullivan Joins Quarles & Brady’s Health & Life Sciences Practice Group

Theodore Sullivan Joins Quarles & Brady’s Health & Life Sciences Practice Group

News
Theodore M. Sullivan has joined Quarles & Brady’s Washington, D.C. office as a partner in its Health & Life Sciences Practice Group.

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Reverse Break-Up Fees and Specific Performance: A Survey of Remedies

White Paper
Thomson Reuters is offering a complimentary copy of the 2016 edition of Practical Law’s study, Reverse Break-Up Fees and Specific Performance: A Survey of Remedies for Financing and Antitrust Failure.

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Judge: Dallas’ Billionaire Wyly Brothers Committed Tax Fraud

News
A federal bankruptcy judge in Dallas ruled late Tuesday that Dallas entrepreneurs Sam and Charles Wyly committed tax fraud when they created a series of offshore trusts in the Isle of Man in the 1990s to shield more than $1 billion for the family tax-free, according to a report in The Dallas Morning News.

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Eric Schmidt Plays Good Defense at the Oracle-Google Trial

Eric Schmidt Plays Good Defense at the Oracle-Google Trial

News
Eric Schmidt took the witness stand Tuesday in Oracle’s copyright infringement lawsuit against Google, and he gave little ground during some tense exchanges with Oracle’s attorney, reports PCWorld.

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Are Changes Afoot in the Cablevision Legal Department?

News
Altice founder Patrick Drahi told Cablevision staff when the deal was first announced last year that he would seek to cut executives earning more than $300,000.

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What is a Smart Contract and What’s It Good For?

Article
Smart contracts work hand-in-hand with blockchain technology and have the potential to automate — and also disrupt — processes in many industries, writes Sue Troy, an editorial director at TechTarget.

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Killer Clauses in Construction Subcontracts: Allocating Risk with Subcontractor Agreements

Killer Clauses in Construction Subcontracts: Allocating Risk with Subcontractor Agreements

Article
Whether parties are considering working with a new partner or simply re-evaluating existing relationships with long time partners, the parties should consider how to best allocate the risks associated with each project, cautions Brouse McDowell.

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When Customer Supply Contracts Lead to Trouble

Article
Melanie A. Hallas of McDermott Will & Emery writes that a recent consent order shows that exclusivity terms that arguably have the effect of harming competition may raise antitrust concerns.

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Joseph Eng Joins Hogan Lovells’ IP Media & Technology Group in NY

News
Dr. Joseph Eng has joined Hogan Lovells’ New York office as counsel in its Intellectual Property Media & Technology Practice Group.

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Liberty Reserve Head Sentenced to 20 Years in Prison

News
A federal judge sentenced the leader of digital currency company Liberty Reserve to 20 years in prison for running a global money-laundering scheme that prosecutors said was unprecedented in size and scope, reports Reuters.

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E&P Hedging Alternatives During the Bankruptcy & Restructuring Process

E&P Hedging Alternatives During the Bankruptcy & Restructuring Process

Article
It is estimated that roughly 300 upstream energy companies will file for bankruptcy in 2016, and many management teams are curious about hedging alternatives during the restructuring and bankruptcy process, write Ryan Bouley & Shane Randolph, Managing Directors at Opportune LLP.

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Choice-of-Law Provision in Employment and Non-Compete Agreement Disregarded

Article
A Dallas appellate court considered whether California law governed contract and tort claims against California-based former employees who signed employment agreements containing a choice-of-law clause stating that Texas substantive law would apply, according to a report by Neil R. Burger of Carrington Coleman Sloman.

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Roberts Refuses to be Drawn Into Controversy About Filling Supreme Court Vacancy

Roberts Refuses to be Drawn Into Controversy About Filling Supreme Court Vacancy

News
Chief Justice John G. Roberts Jr. shrugged off any difficulty the Supreme Court might be having reaching consensus with an equal number of ideologically divided justices, reports The Washington Post.

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Want to Sue Your Bank? Regulators Push to Make It Easier

News
The Consumer Financial Protection Bureau proposed a rule Thursday that would ban arbitration clauses, which would affect the entire financial industry and the hundreds of millions of bank accounts, credit cards and other financial services Americans use, reports the Associated Press.

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CFPB Arbitration Rule Vulnerable to Legal Challenge, Industry Lawyers Say

CFPB Arbitration Rule Vulnerable to Legal Challenge, Industry Lawyers Say

News
Financial services lawyers are predicting that efforts by the Consumer Financial Protection Bureau to prevent companies from keeping consumer complaints out of a courtroom will wind up being challenged in court, reports The Wall Street Journal.

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Judge to Consider Timing of Trump University Trial

Judge to Consider Timing of Trump University Trial

News
Trump’s lawyers, who have put the candidate on a list of witnesses who may testify, oppose a trial while Trump is in the race, citing the possibility of a zoo-like atmosphere.

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Analysis: Office Depot/Staples ‘Cluster’ Key to FTC Case

Analysis: Office Depot/Staples ‘Cluster’ Key to FTC Case

Analysis
Regulators fighting the merger plan of Office Depot and Staples face a decision from a judge that may hinge on the veracity of the government’s relevant product market, reports Policy and Regulatory Report, a Mergermarket Group company.

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The Dangerous Misperception of Ransomware

The Dangerous Misperception of Ransomware

On-Demand
A new complimentary on-demand video posted on BrightTALK discusses ransomware attacks and how to protect an organization using a holistic and unifying visibility into the network and endpoints.

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