Law Firm News

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Law Firm News

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Department of Fair Employment and Housing

Arnold & Porter Receives "Great Place to Work" Award
Arnold & Porter LLP is one of only five organizations in the country selected to receive a Great Place to Work Award. This annual award is a distinctive way the Great Place to Work Institute (GPTW) recognizes the accomplishments of organizations that have implemented creative and effective approaches to developing trust, pride, and camaraderie within their workplaces. GPTW also implements the survey for FORTUNE's "100 Best Companies to Work For" list, in which Arnold & Porter was named number 26 in 2007. Arnold & Porter is the only law firm to receive a GPTW award.

According to GPTW, Arnold & Porter is being recognized for its inclusive and comprehensive diversity initiatives, specifically its mandatory diversity training program, diversity committee, and diversity leadership training. The diversity committee, chaired by William Cook, has representatives from all offices, includes partners, associates, and administrative staff; men and women; gay and lesbian attorneys; racially diverse attorneys; and part-time attorneys. The GPTW noted, "This effort to integrate diversity education into the fabric of the organization's culture is truly exemplary, and was noted positively by employees in their comments on the employee survey used to select the '100 Best' list."

Managing partner Richard M. Alexander said, "Our commitment to diversity is an important part of who we are as an organization. It is especially rewarding that we are being recognized for the efforts of so many at Arnold & Porter who actively promote this core value of our firm."

Awards will be presented during the Great Place to Work Awards Ceremony and Recognition Luncheon on Thursday, April 19 in Los Angeles, California. The other recipients are Qualcomm; Lincoln Plating; Recreational Equipment, Inc. (REI); and David Weekley Homes.

Arnold & Porter has been named to FORTUNE magazine's "100 Best Companies to Work For" for five consecutive years. In 2006, the firm earned a 100% rating on the "Corporate Equality Index" by the Human Rights Campaign for providing gay, lesbian, bisexual, and transgender benefits and protections for employees. The firm was also named to the 2006 "100 Best Companies for Working Mothers" list by Working Mother magazine, the seventh time it was so honored.

01-24-2007

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Paul, Weiss, Rifkind, Wharton & Garrison LLP

Halyard Capital Sells American Consolidated Media to Macquarie Media Group
Halyard Capital today announced that its portfolio company, American Consolidated Media, entered into an agreement to be acquired by the Macquarie Media Group. The terms of the transaction were not disclosed. Dallas-based American Consolidated Media publishes 40 community newspapers and shopping publications serving nine communities throughout Texas and Oklahoma. Halyard is a private equity fund with $350 million of capital under management focused on investing in media, communications and business services companies. The Paul, Weiss team included corporate partner Doug Cifu, counsel Michèle Jenkinson and Didier Malaquin, and associate Frank Steinherr; tax partner David Mayo and associate Sonia Inamdar; and employee benefits partner Michael Segal and associate Dilshad Marolia.

01-24-2007

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Dewey & LeBoeuf LLP

Dewey Ballantine Announces New Partners
Dewey Ballantine LLP, a leading international law firm, announced today the election of 14 new members, the appointment of three new counsel and seven local partners effective January 1, 2007. The new members, local partners and counsel are located in the firm’s New York, London, Frankfurt, Milan, Warsaw and Washington offices.

These individuals have been promoted at an exciting time for the firm,” said Morton A. Pierce, chairman of Dewey Ballantine. “We continue to grow in the U.S. while furthering our successful expansion in Europe.” Newly elected members of the firm include:
Dr. George Barboutis, an England- and Wales-, Greece- and US-qualified capital markets lawyer based in the firm’s London office. Dr. Barboutis has a Ph.D. from the Institute of Advanced Legal Studies, University of London; Suzanne Jaffe Bloom who focuses on representing clients in white collar criminal and regulatory proceedings, corporate internal investigations, corporate governance matters and complex litigation. She is based in the firm’s New York office; Devon Bodoh who focuses on the federal income taxation of mergers, acquisitions, spin-offs, other divisive strategies, restructurings, workouts and acquisition financing. He is based in the firm’s Washington, D.C. office; Marshall Brozost whose practice focuses on all aspects of real estate, including purchases and sales, formation of joint ventures, mortgage and mezzanine financing, leasing and real estate fund formation. He is based in the firm’s New York office; Stefano Catenacci who focuses on advising clients in M&A, private equity and bankruptcy matters. He is based in the firm’s Milan office; Christine Chi who focuses on representing institutions and individuals in white collar criminal and regulatory proceedings, internal investigations, and related civil litigation. She is based in the firm’s New York office; Chang-Do Gong whose practice focuses on mergers and acquisitions, representing acquirors, targets, boards of directors, and investment banks in domestic and cross-border, negotiated and unsolicited, and public and private transactions. He is based in the firm’s New York office; Alexander Kayne whose practice includes the preparation and trial of complex commercial litigation in federal and state courts, bankruptcy courts, and before federal regulatory agencies and in arbitrations. He is based in the firm’s New York office; John Keiserman who focuses on structured finance transactions, representing a wide variety of issuers, underwriters and bond insurers on asset-backed and mortgage-backed securities offerings and market value, cashflow and synthetic collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs). He is based in the firm’s New York office; Bryan Luchs who represents clients in a variety of M&A, private equity and general securities transactions, with particular focus on the life sciences industry.

He is based in the firm’s New York office; Ireneusz Matusielanski who focuses on securities and commercial law, with an emphasis on issuance of securities, including debt instruments. He is based in the firm’s Warsaw office; Edward Nelson who focuses on the organization and operation of private investment funds, representing a wide variety of private investment funds, including buyout funds, venture capital funds, real estate funds, secondary funds, distressed funds, international funds and hedge funds. He is based in the firm’s New York office; Christopher Peterson who focuses on corporate finance, mergers and acquisitions; and other securities matters. Based in the firm’s New York office, he has represented both issuers and underwriters in a variety of publicly and privately placed debt and equity securities transactions; Bernulph von Crailsheim who specializes in German national and international tax matters, tax structuring of national and cross border M&A transactions, reorganizations, fund structuring, real estate transactions and financial product development. He is based in the firm’s Frankfurt office; and Andrzej Wysokinski who focuses on banking law, bankruptcy law, company law, mergers & acquisitions, as well as representation of clients in commercial litigation and arbitration proceedings. He is based in the firm’s Warsaw office.

Furthermore, the firm is pleased to announce that the following lawyers have been appointed counsel: Simon Briggs who is a London-based lawyer in the Corporate Finance and M&A Groups. He spent five years working in the New York office of the firm before returning to London in 2006; Lisa Deutsch who focuses on the preparation and litigation of complex cases, principally in the areas of employment, fiduciary duties, insurance, and intellectual property. She is based in the firm’s New York office; and Christopher Lenton who joined the London office in 2006 and is a member of the Finance Group. He has particular experience in acquisition/leveraged finance, asset backed finance, project finance, debt restructuring and general corporate lending.

Additionally, the following individuals have been appointed as local partners: Gaetano Carrello whose practice focuses on domestic and cross-border banking and finance transactional matters. He is based in the firm’s Milan office; Michael Neises whose practice focuses on banking and capital markets law. He is based in the firm’s Frankfurt office; Fabio Pizzoccheri who is a corporate finance lawyer and a member of the Italian desk. He is based in the firm’s London office; Dario Savoia whose practice focuses on securitization deals and structured finance transactions. He is based in the firm’s London office; Michal Fereniec whose practice focuses on issues related to IT, media and new technology, implementation of tele-information systems and projects. He is based in the firm’s Warsaw office; Maciej Zalewski whose practice focuses on commercial and tax law, with an emphasis on telecommunications, offset, project financing, banking and securities transactions. He is based in the firm’s Warsaw office; and Artur Zapala whose practice focuses on investment fund companies, private equity, securitization, public trading of securities, issue of debt instruments on domestic and international markets, mergers and acquisitions, and privatization of state-owned companies. He is based in the firm’s Warsaw office.

01-24-2007

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Goodkind, Labaton, Rudoff & Sucharow, L.L.P.

Labaton Sucharow & Rudoff LLP Files Class Action Lawsuit Against TOP Tankers Inc.
Labaton Sucharow & Rudoff LLP filed a class action lawsuit on January 17, 2007 in the United States District Court for the Southern District of New York, on behalf of persons who purchased or otherwise acquired publicly traded securities of TOP Tankers Inc. (“TOP Tankers” or the “Company”) (NASDAQ: TOPT) between June 28, 2005 and November 28, 2006, inclusive, (the “Class Period”). The lawsuit was filed against TOP Tankers, Evangelos J. Pistolis and Stamatios N. Tsantanis (“Defendants”).

If you are a member of this class you can view a copy of the complaint and join this class action online at http://www.labaton.com/en/cases/Newly-Filed-Cases.cfm

The Complaint alleges that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. Specifically, the complaint alleges that Defendants allegedly knowingly or recklessly issued false and misleading statements that materially misrepresented TOP Tankers’ financial results and internal controls, causing the Company’s stock price to be artificially inflated.

According to the Complaint, on November 29, 2006, before the market opened , TOP Tankers disclosed that its outside auditors, Ernst & Young, had resigned. The Company also announced that it would restate its financial statements for the first and second quarters of 2006. Subsequently, TOP Tankers admitted that it recognized $55 million in revenue from certain sale and leaseback transactions that closed in March and April of 2006, prior to the revenue from these transactions being due from the purchaser of the vessels. As a result, TOP Tankers will need to restate its financial results and reduce net income by $0.01 and $0.07 for the first and second quarter of 2006 respectively. Net income in all subsequent quarters until December 31, 2010 will be reduced by approximately $0.07.

Plaintiffs are represented by the law firm of Labaton Sucharow & Rudoff LLP. Labaton Sucharow is one of the country’s premier national law firms that represent individual and institutional investors in class action, complex securities and corporate governance litigation. The firm has been a champion of investor rights for over 40 years and has been recognized for its reputation for excellence by the courts.

If you bought TOP Tankers securities between June 28, 2005 and November 28, 2006, inclusive, you may qualify to serve as Lead Plaintiff. Lead Plaintiff papers must be filed with the court no later than February 9, 2007. If you would like to consider serving as lead plaintiff or have any questions about the lawsuit.

01-24-2007

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Gonzalez Saggio & Harlan LLP

Gonzalez Saggio & Harlan LLP is pleased to welcome.
Gonzalez Saggio & Harlan LLP is pleased to welcome Joshua F. Stubbins as an associate in the firm's Transactional Department of our Milwaukee office.

01-24-2007

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Gardner, Carton & Douglas, L.L.P.

Drinker Biddle Litigator Michael W. McTigue Jr. Named To BTI’s Client Service All-Star Team For Law Firms
Drinker Biddle & Reath litigator Michael W. McTigue Jr. has been named to BTI’s 2007 Client Service All-Star Team. BTI interviewed more than 250 corporate counsel at large and Fortune 1000 companies. This year, the annual survey singled out 113 lawyers whom clients identified, unprompted, as delivering “unsurpassed excellence in client service.”
McTigue, a partner in the firm’s Philadelphia office, is a vice chair of Drinker Biddle’s Commercial Litigation Practice Group, which numbers more than 150 lawyers. He focuses his practice on class actions and complex commercial matters, including communications, securities and corporate governance, products liability and bankruptcy.
“As a firm, we pride ourselves in delivering the highest quality of service to clients,” said Alfred W. Putnam, Jr., chairman of Drinker Biddle. “Mike McTigue is an outstanding example of the focused, client-centric approach we take with every case.”
The BTI Consulting Group, located in Wellesley, Mass., conducts independent research on how clients acquire, manage and evaluate their professional service providers.

01-24-2007

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Fross Zelnick Lehrman & Zissu, P.C.

CNN en Español interviews partner Carlos Cucurella
20th Century Fox served a subpoena on YouTube, the high-flying video sharing website, to reveal the identity of a user who had posted full episodes of the hit TV show '24.' CNN recently sat down with partner Carlos Cucurella to discuss intellectual property infringement on the Internet and the challenges that intellectual property owners are facing to protect their rights in the new digital environment. The piece aired on January 26th, 2007, on CNN en Español.

01-24-2007

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