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Schneider to Pay $1.1 Million for Cartel Activity Targeting Electricity Sector

(LAWFUEL) – Proceedings brought by the Commerce Commission have resulted in the Auckland High Court imposing a $1,050,000 penalty on Schneider Electric SA after the company admitted participating in a price-fixing and bid-rigging cartel in the gas insulated switchgear industry. Schneider must also pay $50,000 in costs to the Commission. “This successful prosecution demonstrates the

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SEC Files Settled Enforcement Actions Against UnitedHealth Group & Former General Counsel in Stock Options Backdating Case

Washington, D.C., Dec. 22, 2008 (LAWFUEL) – The Securities and Exchange Commission today filed a civil injunctive action against UnitedHealth Group Inc., a Minnetonka, Minn., health insurance company, alleging that it engaged in a scheme to backdate stock options. Without admitting or denying the allegations, UnitedHealth agreed to settle charges that it violated the reporting,

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LawFuel Legal Announcements – National Law Journal Names DOJ Inspector General Glenn FIne As 2008 Lawyer of the Year

NEW YORK (December 22, 2008) – LawFuel – Legal Announcements Daily – The National Law Journal, an Incisive Media publication, today announced the selection of U.S. Department of Justice Inspector General Glenn A. Fine as its 2008 “Lawyer of the Year.” Fine was selected by the editors of the publication for his work in ensuring

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Winstead Hires Tax and Employee Benefits Attorney Tony Eppert – Seel LawFuel Legal Newswire

Houston, Dec. 22, 2008 – LawFuel Law Announcements – Anthony (Tony) Eppert joined Winstead PC’s Houston office from Shearman & Sterling as of counsel in the Taxation, Employee Benefits & Private Business Practice Group. Eppert serves both public and privately-held clients and their boards of directors in a broad range of compensation and benefits matters,

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Corporate Counsel Reports: University of Iowa General Counsel Fired Over Conflicts – LawFuel.co.nz – Seek NZ Legal Jobs Here

Law.com – The University of Iowa is having a bad case of déjà vu. Six years ago school officials were criticized for mishandling an investigation of an on-campus rape, and its general counsel was faulted for a conflict of interest. This fall the university took heat for botching another sexual assault inquiry, and general counsel

Corporate Counsel Reports: University of Iowa General Counsel Fired Over Conflicts – LawFuel.co.nz – Seek NZ Legal Jobs Here Read More »

LawFuel Legal Jobs & NZ Legal Newswire – Simpson Grierson maintains sole Kiwi foothold on international M & A transaction table

Simpson Grierson is once again the only New Zealand law firm to feature on the just released preliminary mergermarket legal advisory table for M&A transactions in Australasia. The firm’s placing at number 12 on the table for the period 01 January 2008 – 17 December 2008, reflects a solid year of deals and asserts Simpson

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Law Firm Patterson Belknap Names Three Counsel – LawFuel Legal Newswire

New York, December 22, 2008 – Patterson Belknap Webb & Tyler LLP is proud to announce that, effective January 1, 2009, Michael S. Arlein, Nicolas Commandeur and Adeel A. Mangi will become counsel to the firm. All three lawyers were previously associates. Michael S. Arlein focuses his practice on a broad range of matters in

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Sonnenschein, Nath & Rosenthal announced late Sunday that 100 lawyers, including 40 partners, from Thacher Proffitt & Wood will be joining the firm’s New York office, effective January 1.

Sonnenschein, Nath & Rosenthal announced late Sunday that 100 lawyers, including 40 partners, from Thacher Proffitt & Wood will be joining the firm’s New York office, effective January 1. The hires increase Sonnenschein’s total headcount to about 800 lawyers, nearly doubling the size of its New York office — it’s the biggest group of laterals

Sonnenschein, Nath & Rosenthal announced late Sunday that 100 lawyers, including 40 partners, from Thacher Proffitt & Wood will be joining the firm’s New York office, effective January 1. Read More »

Securities & Exchange Commission v. Fiat S.p.A. and CNH Global N.V., Civil Action No. 08 CV 02211 (D.D.C.) (CKK)

SEC Files Settled Books and Records and Internal Controls Charges Against Fiat S.p.A. and CNH Global N.V. For Improper Payments to Iraq Under the U.N. Oil for Food Program – – Fiat Agrees to Pay Over $10 Million in Disgorgement, Interest, and Penalties (LAWFUEL) – The Securities and Exchange Commission today filed Foreign Corrupt Practices

Securities & Exchange Commission v. Fiat S.p.A. and CNH Global N.V., Civil Action No. 08 CV 02211 (D.D.C.) (CKK) Read More »

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