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LawFuel editors review and publish the best and latest news on law firm develoopments and about lawyers.

Law Firm Strategy: Would Law Firms Be Better Collaborating Instead of Competing?

Collaboration

David Kaufman* The growth in demand for legal services in 2017, according to Thomson Reuters Peer Monitor, was stagnant. That compares to an ever increasing spike almost every year prior to the Great Recession. As a result of this sluggish market, the competition among law firms for instructions has been described as being “fierce.” Law

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Third Defendant Guilty in $7 Million Fuel Cell Investor Fraud

Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced that DANNY PRATTE pled guilty today to defrauding investors in Terminus Energy, Inc., a publicly traded penny stock. PRATTE pled guilty to conspiracy to commit securities fraud before U.S. District Judge Andrew L. Carter Jr. U.S. Attorney Geoffrey S. Berman

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The ‘War Crime’ of Environmental Damage

Environmental crime

Hogan Lovells –  At last week’s IBA War and Justice Conference, ICC judge Howard Morrison said that international criminal law must develop to accommodate the changing nature of atrocities and the changing nature of conflict. One example is to prosecute the perpetrators of massive environmental damage, including damage connected to business activity. This is consistent

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Investigators Find Elder Abuse in Nursing Homes is Prevalent and Underreported

San Francisco, CA (Law Firm Newswire) May 1, 2018 – A recent federal investigation revealed that more than 25 percent of serious cases involving the abuse of nursing home residents were not reported to law enforcement agencies. In addition, nursing homes failed to provide necessary medical care in incidents of physical abuse and sexual assault.

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Blank Rome Bolsters Asia Practice with Corporate Partner in Shanghai

Shanghai, China – Blank Rome LLP is pleased to announce that Louis Meng has joined the Firm as a Partner in the Corporate, M&A, and Securities group, head of the Firm’s Greater China Practice, and Chief Representative of the Shanghai office, known locally as Blank Rome LLP Shanghai Representative Office, USA. At Blank Rome, Mr.

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New Zealand Law: High Court Revisits Recoverability of Expenses in Takeovers

Hostile takeover

The High Court has revisited the recoverability of a target company’s expenses for the first time in more than 45 years. The case has important implications for future reimbursement disputes. Recovery of “properly incurred” takeover expenses An offeror must reimburse the target company for any expenses that the target properly incurs in relation to a

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Freshfields advises Cinven on its acquisition of Partner in Pet Food

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised international private equity firm Cinven on its agreement to acquire Partner in Pet Food (‘PPF’), a leading European pet food manufacturer, for an undisclosed amount. Headquartered in Hungary, PPF is a market-leading pet food manufacturer with nine manufacturing operations across Europe. PPF supplies pet food to more than

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Electronics Distributor Charged with Selling Counterfeit Integrated Circuits with Military and Commercial Uses

LOS ANGELES – The owner of PRB Logics Corporation, an Orange County-based seller of electronic components, was arrested this morning on federal charges alleging he sold counterfeit integrated circuits, some of which could have been used in military applications. Rogelio Vasquez is charged in a 30-count indictment that alleges he acquired old, used and/or discarded

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