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SEC Charges McCann-Erickson Worldwide with Account Fraud

Washington, D.C., May 1, 2008 (Lawfuel) – The Securities and Exchange Commission today filed enforcement actions against global advertising network McCann-Erickson Worldwide, its parent company, and two former executives for their roles in an accounting fraud involving intercompany transactions. The SEC’s complaint alleges that McCann, which owns hundreds of regional and local advertising agencies throughout

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Clifford Chance Advises Warburg Pincus on £565 million Acquisition

International law firm Clifford Chance is advising Warburg Pincus on the acquisition of Safetykleen Europe, a pan-European industrial service provider from funds affiliated with J.P. Morgan Partners, LLC and advised by CCMP Capital Advisors, LLC for £565 million. Clifford Chance Partner Spencer Baylin comments: “This was a fantastic collaborative effort between the Warburg Pincus and

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Law Firm Greenberg Traurig Receives Award from Easter Seals of New York

NY, New York, April 30, 2008 – The international law firm Greenberg Traurig was honored by Easter Seals of New York. The firm is receiving the Lilli and Allan Shedlin Award for its work in improving the Easter Seals’ Senior Community Service Employment Program (SCSEP), its work with the Bronx Child Development Center, and its

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The winds of change are howling around the legal industry. The ecosystem of legal services — that marketplace in which traditional firms, boutique firms, temp agencies and outsourcers vie for the work of corporate legal departments — is in the midst of a significant evolution.

As general counsel, the buyers of legal services, continue to face increasing cost pressures, they are flexing their considerable muscle to fundamentally alter their relationships with these providers to extract greater value for each dollar spent. For a handful of the most successful traditional law firms, this environment brings an opportunity to adapt, differentiate and

The winds of change are howling around the legal industry. The ecosystem of legal services — that marketplace in which traditional firms, boutique firms, temp agencies and outsourcers vie for the work of corporate legal departments — is in the midst of a significant evolution. Read More »

Anonymous attorney blogs, online rantings, negative press releases sent via mass mailings. What are the ABA rules regarding extrajudicial comments made by lawyers during litigation?

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Anonymous attorney blogs, online rantings, negative press releases sent via mass mailings. These days, any number of self-publication methods are available to lawyers looking to spin their cases — or others’. As Dan Ross, a litigator at Stroock & Stroock, puts it, “In the old days you could have 25 cases and you could say

Anonymous attorney blogs, online rantings, negative press releases sent via mass mailings. What are the ABA rules regarding extrajudicial comments made by lawyers during litigation? Read More »

US Law Firm Luce Forward Announces New Leadership for its Los Angeles Trusts and Estates Practice

LOS ANGELES – Luce, Forward, Hamilton & Scripps LLP announced today that Geraldine A. Wyle, a partner in the firm and a widely respected trusts and estates litigator, has been named to lead its Los Angeles Family Wealth and Exempt Organizations practice. “Geri Wyle has emerged as a leader in our Family Wealth and Exempt

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High Court Refuses Injunction To Stop An Explicit Video Being Shown On Newspaper Website

LAWFUEL – This month, the High Court refused to grant an injunction to prevent video footage of Max Mosley, the head of Formula 1 motor-racing, being shown on the News of the World website (Case of Mosley v News Group Newspapers Limited, 9 April 2008). The website, maintained by the defendant, News Group Newspapers Limited

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Three Sentenced to Federal Prison After Purchasing Firearms in Undercover Sting

TUCSON, Ariz. (Lawfuel) – Rafael Alcantar-Banda, 24, of Tijuana, Baja California, Mexico, was sentenced here on April 29, 2008 to 70 months in federal prison by U.S. District Judge Frank R. Zapata. Alcantar-Banda pleaded guilty on August 15, 2007 to two counts of Possession of Unregistered Firearms (Machine Guns) and one count of Possession of

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