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Venable’s Birch Bayh Awarded NCAA’s Gerald Ford Award for Longstanding Commitment to Gender Equity i
Washington, DC (March 1, 2006) – Recognizing his pivotal role as the original sponsor and co-author of the landmark Title IX legislation in 1972 which mandated equal opportunity for men and women in collegiate sports, the National Collegiate Athletic Association awarded Venable LLP partner and former U.S. Senator Birch Bayh its NCAA President’s Gerald R. Ford Award.

Sharing the award with Senator Bayh was John Wooden, the legendary basketball coach of the UCLA Bruins who led the team to 10 national championships. Both men attended Purdue University in Indiana. Named for the nation’s 38th president, the Gerald Ford Award honors “individuals who have provided significant leadership as an advocate for intercollegiate athletics on a continuous basis over the course of his or her career.” The award ceremony was held last month in Indianapolis.

“Among my many experiences in public life, I consider myself fortunate to have been involved in the passage of Title IX that has opened college athletics to women,” Mr. Bayh said. “Sports and athletics play a critical role in young people’s development, and I would like to think that Title IX helped make modern-day women's athletics a reality, which included creating professional opportunities that were previously denied. It is an honor to receive this award from the NCAA.”

Mr. Bayh credited his late wife Marvella for inspiring him to work at advancing opportunities for women at the college level. Although an exceptional student, she had been rejected by the University of Virginia in 1951 because of the school’s prevailing ‘women need not apply’ policy. “The dismissal of Marvella’s application, based solely on her gender, stuck with me for years, and remained on my mind when we worked on drafting the Title IX legislation,” he recounted.

“Marvella continued to acquaint me with the insidious nature of discrimination against women across the board.”

As an undergraduate at Purdue, Mr. Bayh played on the varsity baseball team – he played shortstop and pitcher for the Purdue Boilermakers. “My dream – underscore dream,” he recalled, “was to be a professional ball player.”

Mr. Bayh noted the role his own family also played in his outlook on equality for women. “My grandparents raised me, and Grandmother's decisions and hard work were critical in creating our successful farm operation.

Mr. Bayh’s father coached four sports at Indiana State University and was later enshrined in the Indiana Sports Hall of Fame for his work as a referee. “He was a big proponent of appropriating money for girls’ physical education,” Mr. Bayh notes, recalling one memorable incident from his youth.

“The family was sitting around the breakfast table one day – I must have been around 10 and my sister was 9,” he remembers, “when my dad mentioned, ‘I'm going to testify before Congress today.’ I asked him, ‘What are you going to say, Dad?’ and he replied, ‘I'm going to tell them that they need to provide the money so that little girls can have physical education. And if they ask why, I'm going to say that little girls need strong bodies to carry their minds around just like little boys.’”

Of his co-honoree of the NCAA award, Mr. Bayh said: “It’s a great privilege to share this with John Wooden. He has always been a hero of mine. Coach Wooden stands out for his unmatched success on the court and especially off it, in the way he treated his players and the respect he showed for sport and sportsmanship. He pushed the best philosophy of coaching – that it’s as important to develop the person as it is the player.”

Mr. Bayh graduated from Purdue in 1951 and the Indiana University School of Law in 1960. He served in the Indiana House of Representatives from 1954 to 1962, rising to the position of Speaker in 1959 at the age of 30, and was admitted to the Indiana bar in 1961.

Mr. Bayh joined the Senate in 1963. He is best remembered as the architect of Title IX, but also holds the distinction as the only lawmaker since the Founding Fathers to author two amendments to the U.S. Constitution – the 25th Amendment on presidential and vice presidential succession and the 26th Amendment that lowered the voting age from 21 to 18. He also authored the Equal Rights Amendment, which fell one state short of ratification by the states.

In other areas, Mr. Bayh co-authored the Bayh-Dole Act, with former Senator Robert Dole to revitalize the nation's patent system. He was also chief author of the Juvenile Justice Act, mandating the separation of juvenile offenders from adult prisoners, and established programs to prevent juvenile delinquency. For many years, Mr. Bayh served as a member of the Fulbright Foreign Scholarship Board.

Among other leadership roles within the Senate, Mr. Bayh chaired the Senate Select Committee on Intelligence from 1977 to 1980 and the National Institute Against Prejudice and Violence from 1984 to 1994.

This was the third year that the NCAA issued its President’s Award, in honor of former President Ford, who was a stand-out football player at the University of Michigan and attended Yale Law School. The two previous recipients of the Award were former University of Notre Dame President Theodore Hesburgh (2004) and former chair of the Knight Commission on Intercollegiate Athletics, William Friday (2005).

03-01-2006

Jerry Maatman Quoted in Registered Rep Magazine
Jerry Maatman was quoted and the recent Workplace Class Action Litigation Report was noted in an article in the February 22, 2006 online edition of Registered Rep Magazine, a publication designed for stockbrokers and retail investment professionals. The article (“Brokers Headed for Sweep in Overtime Pay Case?”) reports the recent large settlement paid by UBS to settle a class-action suit brought against it by California stockbrokers over overtime pay claims. A comparable settlement was paid in August, 2005 by Merrill Lynch and litigation is pending for similar claims against Citigroup, Morgan Stanley and A.G. Edwards in California. The recent favorable settlements, the article relates, are likely to lead to more class-action cases over brokers’ overtime pay in other states.

Wage and hour litigation is becoming a hot issue in the industry, Jerry said, warning firms that “collective action litigation and class action is becoming ever more sophisticated, and will continue to be a source of significant financial exposure to employers well into the future.

03-01-2006

The Carlyle Group\'s Sale of Taiwan Broadband Communications Featured in Asian Counsel
Paul, Weiss' work on the sale of The Carlyle Group's interest in Taiwan Broadband Communications Ltd. to the Macquarie Media Group and the Macquarie Bank for approximately $900 million was noted in the February/March issue of Asian Counsel magazine. The article notes that the firm has helped Carlyle and TBC acquire various cable TV system operators and also advised the companies on numerous refinancings and recapitalizations.

03-01-2006

Bob Schumer Named a \"Dealmaker of the Year\" by The American Lawyer
Partner Bob Schumer was named a "Dealmaker of the Year" as announced in the March issue of The American Lawyer. Bob was selected for his representation of Time Warner Inc. in its joint bid with Comcast Corporation to acquire Adelphia Communications Corporation's cable systems for $12.7 billion in cash and a 16 percent equity stake in Time Warner Cable Inc. The article notes the deal, led by Bob, and Kelley Parker, was extremely complex, and the Paul, Weiss team faced a myriad of challenges involved with negotiating during overhanging government investigations into Adelphia. Paul, Weiss alumnus and client, Rob Marcus, senior executive vice president of Time Warner cable, noted in the article that "I've done a lot of complicated deals... I think this is far and away the most complicated...Bob was the driver in almost every aspect. He was truly the quarterback." The article also highlights some of Bob's other deals in 2005, including representing Wyndham International, Inc. in its sale to an affiliate of The Blackstone Group, a deal valued at $3.24 billion; and representing the holding company M&F Worldwide Corporation in its $800-million acquisition of check-printer Novar USA, Inc. Bob was among 12 lawyers selected by The American Lawyer for "their pivotal work in negotiating and structuring some of the largest and most important transactions of 2005.

03-01-2006

Paul, Weiss Named Best Law Firm for Private Equity Deals in Asia
Paul, Weiss was named the Best Law Firm for Deals in Asia in an annual poll of more than 20,000 readers, which was conducted by Private Equity International magazine and Private Equity Online.com. Three Paul, Weiss clients were also among the winners in the Asian region: The Carlyle Group for Asian LBO Firm of the Year, CDH Investments for Chinese Private Equity Firm of the Year and Unison Capital for Japanese Private Equity Firm of the Year. Click here for the complete list of results.

03-01-2006

HOWREY MOVES LONDON OFFICE TO TUDOR STREET
Expansion puts firm closer to the Courts and the centre of litigation activity


Washington, DC, Mar. 01, 2006 - Howrey LLP the specialist international litigation and intellectual property practice, has announced that it will move on March 10th, from its current location at CityPoint to much larger offices at 22 Tudor Street.

“This move reflects our continued growth and will enable us to operate close to the Courts, Barristers’ chambers and many of the arbitral venues,” said James Irvine, one of the firm’s London Management Team and one of London’s leading litigators.

Howrey opened its London office in June 2001 at CityPoint. It has grown steadily since then, both in terms of numbers and income generated, and expects to record its highest income year yet for 2005. The firm currently has four European offices in Brussels, Amsterdam and Paris in addition to London.

03-01-2006

Fareed Zakaria Talks About the \"Power of Globalization\" at Orrick Annual Meeting
Fareed Zakaria, editor of Newsweek International and an ABC political analyst, spoke to Orrick's lawyers at the firm's annual partners' meeting in New York City, in February. Zakaria, one of the world's leading writers and speakers on global affairs, is the author of The Future of Freedom and hosts the PBS weekly talk show ""Foreign Exchange.""

Zakaria discussed the inevitability of globalization and the impact of rapid economic change in countries like China and India on the rest of the world.

""It's really remarkable if you think back 20 years to what a sea change we're witnessing,"" said Zakaria. ""And then you add to it this great technological reality. The world has been brought much, much closer together.""

Orrick has transformed itself into a global law firm, in 2005 alone launching new offices in Taipei, Moscow and Hong Kong and dramatically increasing the number of lawyers working in London, Paris and Tokyo.

The dramatic changes around the world are occurring in the context of political openness, as well, Zakaria said. ""This is not happening at some level of some Stanford or Harvard or MIT trained economist who has been picked by the junta, or the dictator the Pinochet or the Putin, and he's been told 'reform the economy,' "" Zakaria said. ""This is being done by democratic leaders who have to justify this to their populations, who have to find a way to make it work, politically, and not just at the level of macroeconomic theory.""

The challenge for the United States, Zakaria said, is to embrace globalization, not to run away from it, and to gain a better understanding of how the rest of the world works and thinks. ""We need some better and more consistent engagement with the world to try to figure out how to deal with it,"" he said, ""because it is changing fundamentally in the sense that the rest of the world recognizes these trends, too.

03-01-2006

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