Law Firm News

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Law Firm News

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The Law Firm of Edgar Snyder & Associates

Attorney Lichtenstein Named Partner of Edgar Snyder & Associates
Attorney Jason Lichtenstein has been named partner at the law offices of Edgar Snyder & Associates. Attorney Lichtenstein has practiced law for 12 years with the past six years spent at Edgar Snyder & Associates. He joins attorneys Edgar Snyder, Todd Berkey, Cynthia Danel, Richard Rosenthal, and Michael Rosenzweig as partners.

A Pittsburgh, PA, resident, Attorney Lichtenstein received his bachelor’s degree from Lafayette College and his Juris Doctor degree from the Duquesne University School of Law. Lichtenstein served as a governor for the Allegheny County Bar Association’s Civil Litigation Committee. He is also a member of the Allegheny County Bar Association, Pennsylvania Bar Association, Pennsylvania Trial Lawyers Association, Western Pennsylvania Trial Lawyers Association, and the American Trial Lawyers Association. Attorney Lichtenstein is licensed to practice in all Pennsylvania State and Federal courts.

Edgar Snyder & Associates is a plaintiff’s personal injury law firm with offices in Pittsburgh, Altoona, Ebensburg, Erie and Johnstown.

01-18-2007

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Devine, Millimet & Branch Professional Association

Ciotti Elected to AGC of NH Board
Devine Millimet Attorney Ronald Ciotti, who chairs the firm's Construction Law Practice Group, has been elected to the Board of Directors of the Associated General Contractors of New Hampshire (AGC). Founded in 1918, the AGC is the oldest and largest construction-related organization in the country.

Attorney Ciotti represents clients in all aspects of construction law, construction and design defect claims, bonding and lien issues, and contractual disputes. He also negotiates, drafts and reviews construction contracts and bid packages, and assists clients in all phases of construction projects. He has significant experience in matters relating to project scheduling and delays and building standards and regulations. Attorney Ciotti also has represented clients in litigation involving bid protests and OSHA compliance.

Active within the community, Ciotti is a member of the Associated Builders and Contractors, NH/VT Chapter and the NH Commercial and Investment Board of Realtors (CIBOR). He is the President of the Board of the NH Philharmonic, a founding member of the New Hampshire Catholic Lawyers' Guild, a past president of the Manchester Bar Association, and a member of the New Hampshire Bar Association.

He received his B.S. from the University of South Florida, and his J.D., cum laude, from Washington & Lee University. He frequently speaks at seminars for professional and trade organizations.

01-18-2007

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Deters, Benzinger & La Velle, P.S.C.

McMurtry named as the Trailblazer Friends of Scouts Campaign Co-Chair
Todd V. McMurtry, a partner with the law firm of Deters, Benzinger and LaVelle (DBL), was named as the Trailblazer Friends of Scouts Campaign co-chair for the Boy Scouts of America. The goal of the campaign is to raise over $150,000 to support activities for the Boy Scouts and Cub Scouts in Northern Kentucky. Gifts to the campaign will be used in training and support for volunteers, development of programs for scouts, facilities upkeep and outreach to at-risk youth.

At DBL, McMurtry represents individuals and businesses in complex litigation matters including business dispute litigation, land use, real estate and construction-related disputes. The campaign’s co-chairman is Shad Sletto, the marketing manager at EGC Construction in Newport, Kentucky. Covering Boone, Kenton & Campbell counties, the campaign will run through April. Individuals interested in supporting this campaign can send checks made payable to Dan Beard Council to Dan Beard Council, BSA, 2331 Victory Parkway, Cincinnati, OH 45206 (note Trailblazer FOS on check).

01-18-2007

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Wolf Haldenstein Adler Freeman & Herz, LLP

WHAFH sues on behalf of Equity Office Properties Shareholders
Walton Street Capital LLC and Starwood Capital Group Global LLC have teamed up with Vornado Realty Trust to offer $52 a share for Equity Office Properties Trust, slightly topping the pending $48.50-a-share buyout agreement with New York investment bank Blackstone Group.

New York-based Vornado said Wednesday that it has teamed up with the two investment firms to make an offer that is 7.2% more than Blackstone agreed to pay for the Chicago-based real estate investment trust (REIT), in an all-cash deal announced Nov. 19.

The new offer values the Equity Office at about $39.2 billion, compared to Blackstone’s $36 billion. Both figures include payments to shareholders and the assumption of about $16 billion in debt.

But the new offer is just 2% more than Equity Office’s closing share price on Wednesday because speculators have bid up the price in anticipation of another, higher offer.

But under the new offer, Equity Office shareholders would be paid 60% in cash and 40% in Vornado stock, said Vornado, which is also a REIT.

Some analysts say that mix could make the new offer attractive to shareholders.

Given Vornado's strong track record, "I would probably take Vornado," says Reagan Pratt, principal and portfolio manager at Transwestern Securities Management. "I think Vornado will do a good job with what they keep."

Vornado, Walton Street and Starwood would split up Equity Office’s massive portfolio, with Vornado acquiring Equity Office’s assets in the major markets on the east and west coasts, Vornado said. Starwood and Walton would acquire the remaining assets.

Chicago-based Transwestern owns Vornado shares but sold its stake in Equity Office after the Blackstone offer became public.

The Blackstone deal, which was reached without a formal marketing of Equity Office, has been criticized as too low by some shareholders and analysts.

“It shows we were right that the company was undervalued,” says Lawrence Kolker, a New York lawyer representing a shareholder who is suing Equity Office over the transaction.

“We still don’t know whether or not (Equity Office) could have gotten even more in additional offers,” says Mr. Kolker, a partner with Wolf Haldenstein Adler Freeman & Herz LLP.

The new bid would be financed with $13.4 billion in equity and $25.8 billion in debt, according to a filing with the Securities and Exchange Commission.

Vornado said it would raise its portion of the equity by issuing $10.6 billion in new stock and in partnership units in its operating subsidiary.

The remaining cash, about $2.8 billion, would presumably be contributed by its partners in the deal, Chicago-based Walton Street and Greenwich, Conn.-based Starwood.

01-18-2007

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Morgenstein & Jubelirer LLP

SCHIFF HARDIN LLP WELCOMES SUMA SANAKKAYALA AS AN ASSOCIATE IN THE NEW YORK CITY OFFICE
Schiff Hardin LLP has added Suma Sanakkayala as an associate in the Real Estate Group of the New York City office. She joins the firm from Thelen Reid Brown Raysman & Steiner LLP in New York City, where she was a litigation associate.

Ms. Sanakkayala focuses her practice in real estate transactions and leasing. Her real estate practice is complemented by her prior concentration in a wide range of civil and criminal litigation. She contributed to "Assigning Mortgages: Practice Avoids Recording Tax in Refinancing Debt," New York Law Journal (March 16, 2005).

During law school, Ms. Sanakkayala gained experience during a series of internships with the Office of the New York State Attorney General and the U.S. Attorneys Offices for the Southern and Eastern Districts of New York.

Earlier in her career, Ms. Sanakkayala worked for a documentary production company and an advertising agency.

She received her undergraduate degree (B.A., Economics and Art History, 1998) from Williams College and her law degree (J.D., 2004) from Columbia University Law School, where she was Articles Editor, Columbia Journal of Gender and Law. Ms. Sanakkayala is admitted to practice in New York as well as before the U.S. District Courts for the Eastern and Southern Districts of New York.

01-18-2007

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Johnston, Barton, Proctor & Powell, L.L.P.

James C. Barton, Jr., Recognized by the American Bar Association Section on Litigation and Products Liability
James C. Barton, Jr., was recently recognized by the American Bar Association Section on Litigation and Products Liability for outstanding service to the organization in 2006. Mr. Barton, with over 25 years of litigation experience, is a partner in Johnston Barton Proctor & Powell, LLP, and serves as Chair of the Products Liability Practice Team.

01-18-2007

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Haynes & Boone, LLP

Haynes and Boone’s Veronica Kayne to Address Crucial Changes in the Antitrust Landscape
Veronica Kayne of the Haynes and Boone, LLP Washington, D.C. office will address the Practising Law Institute’s 46th Annual Advanced Antitrust Seminar Feb. 1 on a potential U.S. Supreme Court ruling that could overturn more than 100 years of antitrust legal precedent.

Ms. Kayne will lead off the event at 9:15 a.m. inside the PLI New York Center with her speech, “Vertical Restraints: Resale Price Maintenance, and Territorial and Customer Restraints.” In it, she will highlight how an anticipated high court ruling would alter the way corporations use Resale Price Maintenance (RPM) in setting the costs for goods and services on the open market.

“Every firm that uses devices like Unilateral Pricing Policies, Minimum Advertised Pricing Policies, or Manufacturer's Suggested Resale Prices to avoid antitrust liability for RPM will want to re-think its pricing policies in light of its own goals, how its distribution chain is likely to react, what competitors are likely to do, and the new legal environment,” says Ms. Kayne, former assistant director of the Federal Trade Commission’s Bureau of Competition.

RPM is the practice whereby a manufacturer and its distributors agree that the latter will sell the former's product at certain prices (Resale Price Maintenance), at or above a price floor (Minimum Resale Price Maintenance), or at or below a price ceiling (Maximum Resale Price Maintenance).

These rules prevent resellers from competing too fiercely on price and thus driving down profits. Some argue that the manufacturer may do this because it wishes to keep resellers profitable, and thus keeping the manufacturer profitable. Others contend that minimum resale price maintenance, for instance, overcomes a failure in the market for distributional services by ensuring that distributors who invest in promoting the manufacturer's product are able to recoup the additional costs of such promotion in the price they charge consumers.

Some manufacturers also defend RPM by saying it ensures fair returns, both for manufacturer and reseller and that governments do not have right to interfere with freedom to make contracts without good reason.
Registration for the two-day, CLE-approved event is available at the PLI web site.

01-18-2007

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