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Herbert Smith advises on management buyout in the PRC IT sector

LAWFUEL – Legal Jobs & Law Newswire – Herbert Smith has advised SAIF Partners, Hony Capital (a subsidiary of Legend Holdings) and IDG Technology Venture Partners on the HK$2.7 billion (US$350 million) management buyout and mandatory takeover offer for Digital China Holdings, a Hong Kong-listed IT services company based in mainland China. It is one […]

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Article – CHIEF COMPLIANCE AND LEGAL COUNSEL – CAUGHT IN THE CROSS-HAIRS OF THE FALSE CLAIMS ACT

By Thomas F. O’Neil III and Melinda H. Waterhouse As federal and state enforcement authorities pursue companies and corporate officers with ever-increasing fervor, they are developing novel theories of liability to expand dramatically the targets of their investigations. Over the past decade, both chief legal and compliance officers have found themselves in the spotlight previously

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Linklaters advises on the US$800 million Acquisition Financing On Mozambique Power Station

LAWFUEL – Law Firm Newswire – Linklaters has advised Banco BPI, SA and Calyon as Mandated Lead Arrangers on the US$800 million financing of the acquisition by the Government of Mozambique from the Government of Portugal of a majority stake in the 2075MW Cahora Bassa hydroelectric power station in Mozambique (“HCB”). Development Bank of Southern

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Paul, Weiss Announces Election of Five New Partners

LAWFUEL – The Law Firm Newswire – Paul, Weiss announced today that five new partners have been elected to the partnership effective January 1, 2008. They are Susanna Buergel and Roberto Finzi from the litigation department, Greg Liu and Steven Williams from the corporate department and Lawrence Witdorchic from the employee benefits and executive compensation

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Armed Bank Robber Sentenced To Over 146 Years In Federal Prison

Stephen Hunt Sentenced to Over 146 Years in Federal Prison DENVER, COLORADO – LAWFUEL – Legal Newswire – The United States Attorney’s Office for the District of Colorado, and the Federal Bureau of Investigation, today announced that STEPHEN VINCENT HUNT was sentenced by Chief Judge Edward W. Nottingham in United States District Court to 1760

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In one of the largest corporate pay give-backs ever, William W. McGuire, the former chief executive of UnitedHealth Group, has agreed to forfeit at least $418 million to settle claims related to back-dated stock options.

In one of the largest corporate pay give-backs ever, William W. McGuire, the former chief executive of UnitedHealth Group, has agreed to forfeit at least $418 million to settle claims related to back-dated stock options. The payback is on top of roughly $198 million that Mr. McGuire, an entrepreneur who built UnitedHealth, had previously agreed

In one of the largest corporate pay give-backs ever, William W. McGuire, the former chief executive of UnitedHealth Group, has agreed to forfeit at least $418 million to settle claims related to back-dated stock options. Read More »

Clifford Chance Restructures Commodities Litigation & Arbitration Practice

LAWFUEL – Legal Newswire – Clifford Chance closes Shipping Practice Clifford Chance UK Head of Litigation announced today the formal closure of the Shipping Litigation practice and the restructuring of the firm’s Commodities litigation and arbitration practice. The decision to stop undertaking shipping litigation is a further step towards aligning the work of the litigation

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Florida Attorney General Commends Board of Governors For Adopting Florida Code of Conduct For Student Lending

TALLAHASSEE, FL – LAWFUEL – Legal Newswire – Attorney General Bill McCollum today released the following statement, commending the Florida Board of Governors for unanimously adopting the Florida Student Code of Conduct to address concerns in the student loan industry: “I applaud the Board of Governors and Chancellor Mark Rosenberg for their dedication to Florida’s

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