Law Firm News

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Law Firm News

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Fried, Frank, Harris, Shriver & Jacobson, L.L.P.

Gary Kaplan Named One of Turnarounds & Workouts Outstanding Young Restructuring Lawyers for 2007
Fried, Frank, Harris, Shriver & Jacobson LLP partner Gary Kaplan today was selected as one of Turnarounds & Workouts Outstanding Young Restructuring Lawyers – 2007. The monthly newsletter for people tracking distressed businesses selects twelve lawyers under 40 years of age for this annual award.

The publication noted as outstanding achievements Mr. Kaplan’s representations of WR Huff Asset Management Co. as a creditor in the Adelphia Communications Corp bankruptcy; his representation of the Official Committee of Equity Security Holders in the Calpine bankruptcy; and debtor representations of AAIPharma, Ivaco and Rand McNally.

Mr. Kaplan and the other recipients will be recognized and honored at the annual Distressed Investing Conference dinner held in November in New York City.

04-25-2007

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Dechert LLP

Dechert Advises ETF Securities on World's First Exchange-Traded Precious Metals Platform
International law firm Dechert LLP advised regular client ETF Securities Limited, the world pioneer of Exchange Traded Commodities (ETCs), on another world first for the London Stock Exchange, with the listing of a range of physically backed, precious metal, exchange traded commodities (ETCs).

This is the first time platinum, palladium and precious metals baskets have been made available to investors through ordinary stockbroking accounts as these new ETCs - along with silver and gold ETCs - were this week admitted to trading on the London Stock Exchange in an innovative new listing. The listing of the silver ETC is the first time a physical silver ETC has been available to investors outside the United States.

ETF Securities Limited, through its subsidiary ETFS Oil Securities Limited, also launched the world's first oil ETCs, ETFS Brent Oil and ETFS WTI Oil, in July 2005. Dechert also advised ETF Oil Securities Limited on the launch of these ETCs, as well as ETFS Commodity Securities Limited on its simultaneous launch of 29 separate ETCs in the UK, comprising 19 types of individual securities and 10 types of index securities (and a further 19 types of micro securities) in September 2006, all separately listed on the London Stock Exchange.

The Dechert team advising ETF Securities was led by financial services partner Andrew Hougie, assisted by Lucy Reynolds, Abigail Bell and Jessica Brescia.

Andrew Hougie commented: "We are delighted to have worked with ETF Securities and ETF Metal Securities on the launch of these ETCs on the London Stock Exchange. They represent a world first in platinum and palladium and the first time an ETC has been created in respect of a basket of precious metals."

Mourant du Feu & Jeune advised ETF Securities in Jersey.

04-25-2007

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Bryan Cave LLP

BC Lawyers at Trusts and Estates Conference
Two Bryan Cave LLP lawyers have key involvement in the upcoming American Heart Association Trusts & Estates Invitational Conference. New York Counsel Karin Barkhorn will co-chair the seventh annual event on estate planning and administration, and St. Louis Partner Kathleen Sherby is a keynote speaker. Sherby will address hot topics on IRAs and other retirement benefits.

Approximately 200 trusts and estates professionals are expected to attend the event, set for April 26 at the Princeton Club of New York.

Barkhorn specializes in all areas of estate planning, estate administration and Surrogate’s Court litigation. She assists clients in predeath planning by structuring estate plans, drafting wills, revocable trusts, life insurance trusts, other lifetime trusts and charitable planning. She advises clients in connection with post-death estate administration and the litigation that frequently arises, including will contests and contested accounting proceedings. Barkhorn is vice chair of the Estate Litigation Committee of the Trusts & Estates Section of the New York State Bar Association; she also is a member of the Board of Trustees of the American Heart Association.

Co-leader of the firm’s Private Client Group, Sherby’s practice focuses on retirement benefits, planning for privately held businesses including succession planning, all phases of estate planning, fiduciary and tax litigation, post mortem planning and trust administration, including fiduciary income taxation and principal and income accounting. She also counsels clients on the negotiation and preparation of marital agreements.

A well-know national lecturer on all of these topics, Sherby is an active participant in the estate planning bar, is a fellow of the American College of Trust and Estate Counsel and has served as a regent of the college and currently is the Missouri state chair. She also has served as chair of the Probate and Trust Committee of the Missouri Bar, as chair of the Probate Section of the Bar Association of Metropolitan St. Louis and as president of the Estate Planning Council of St. Louis.

04-25-2007

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Bryan Cave LLP

Firm Hits New High for M&A Numbers
Bryan Cave LLP improved upon its strong position in the M&A market, according to figures released by Thomson Financial for the first quarter 2007. The legal advisory of worldwide mergers and acquisitions reports Bryan Cave has hit a new high in two important categories.

The firm ranked seventh relative to the number of transactions completed involving a U.S. company, based on 25 completed transactions. Bryan Cave tied for eighth last year in the same category.

The firm ranked 16th relative to the number of transactions completed involving an international company, based on 30 completed transactions. The firm tied for 28th last year in the same category.

This is the highest Bryan Cave has ranked in these two categories during the 10 years the firm has submitted M&A information to Thomson Financial. Thomson Financial is widely recognized as maintaining the most comprehensive database available on mergers and acquisitions.

“These rankings reflect the excellent quality and the extraordinary efforts being produced by our transactional attorneys for clients throughout our firm,” said William Seabaugh, leader of the firm’s Transactions Group. “New and existing clients continue to turn to Bryan Cave for help on complex deals at the national and international levels.”

Click on the attachment below to view Bryan Cave’s rankings by Thomson Financial.

04-25-2007

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Bryan Cave LLP

Partner Profiled for Courtroom Success
Bryan Cave LLP Partner Steve Mauer describes himself as a problem-solver. Both colleagues at Bryan Cave and opponents in the courtroom might also add “fighter” to that description.

“I wouldn’t want to be on the other side of him,” Partner Herb Kohn recently told the Kansas City Business Journal, when it profiled Mauer for his busy schedule as a trial lawyer and active community member. “He’s tough, he does his homework and he’s always ready.”

Mauer represents a variety of businesses and municipalities as plaintiffs and defendants. For years, he has been the primary trial lawyer for National Bank of Kansas City. As such, he has participated in breach of contract suits, real property litigation, claims of breach of duty and a variety of others. Co-leader of the firm’s Fiduciary Litigation Team, Mauer also has represented Bank of America in several matters where beneficiaries sought millions of dollars.

In addition, Mauer counsels numerous Missouri municipalities. He serves as city attorney for three communities and as trial counsel for several others, representing them in breach of contract, civil rights, police brutality, employment disputes, administrative matters and other types of actions.

Among his civic involvement, Mauer is chairman of the Independence Chamber of Commerce, on the Board of Trustees for Centerpoint Medical Center, is a past president of the Sunshine Center School for Developmentally Handicapped Children in Independence, is on the Board of Trustees for Legal Aid of Western Missouri and is a past chairman and on the Board of Directors of the United Way of Kansas City. Mauer has been so involved in Kansas City and its surrounding municipalities that he was named Independence Citizen of the Year in 1998, even though he lives in Overland Park.

“That’s quite an accomplishment, but Steve thinks big picture – metrowide,” said Rick Hemmingsen, president and CEO of the Independence Chamber of Commerce. “You need big thinkers like Steve Mauer to pull things together.”

Click on the attachment below to read the full article, first published April 6 in the Kansas City Business Journal.

04-25-2007

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Brown & Brown

Brown Rudnick Announces New Chief Financial Officer
Mark F. O’Leary joins Brown Rudnick from Ropes & Gray LLP Boston, MA, April 25, 2007 -- Brown Rudnick, a premier international law firm, today announced that Mark F. O’Leary has joined the firm as Chief Financial Officer (CFO). Mr. O’Leary replaces the firm’s longtime CFO, Barry Berman, who retired earlier this year. Before joining Brown Rudnick, Mr. O’Leary served as Controller for Ropes & Gray LLP, a national law firm with offices across the U.S. Prior to that, Mr. O’Leary was the CFO at Fitzgerald Communications LLC, a Boston-based public relations firm that was acquired by Omnicom Group.

Mr. O’Leary commented, “I am delighted to join Brown Rudnick. The firm has an aggressive long-term growth strategy that is focused on delivering legal excellence to its clients. I look forward to helping the firm achieve its business goals.” Brown Rudnick CEO Joseph F. Ryan said, “Mark is a welcome addition to our executive management team. He has substantial experience developing and managing business growth strategies for professional service organizations. He brings tremendous value to our client acquisition and geographic expansion plans.”

04-25-2007

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Schnader Attorney At Law

Schnader Raises Starting Salaries for Associates in Philadelphia to $135,000
The Executive Committee of Schnader Harrison Segal & Lewis LLP has approved an increase in first-year associate salaries in its Philadelphia office from $125,000 to $135,000, effective September 1, 2007, with corresponding adjustments to starting salaries in Schnader’s other offices. The Associates Professional Development Committee – which advises the Executive Committee on associate issues – is also reviewing and will make recommendations on salaries of more senior classes of associates in all offices. The Executive Committee also announced an increase in the year-end merit bonus pool.

“These changes reflect changes in the market in Philadelphia, and across the nation, with regard to starting salaries,” said Chairman Ralph Wellington. “However, beyond just the changes in the market, these increases also reflect how much the firm greatly values its associates. We chose to take these steps in order to retain and attract the best, most talented young attorneys.” He noted that building and maintaining a strong group of attorneys is consistent with the firm’s long-standing commitment to excellence and dedication to providing clients with top-notch legal services.

04-25-2007

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