Law Firms

Cravath Win Precedent-Setting Victory for Delaware Corporations

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On September 8, 2014, Chancellor Andre G. Bouchard of the Delaware Court of Chancery granted Cravath’s motion to dismiss in its entirety a putative class action lawsuit filed by the City of Providence on behalf of shareholders of First Citizens BancShares, Inc. (“First Citizens North”). The suit challenged the company’s forum-selection bylaw — adopted on

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Money Laundering & Drug Crackdown Focuses on LA Fashion District

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  WASHINGTON, D.C. –The Financial Crimes Enforcement Network (FinCEN) announced today the issuance of a Geographic Targeting Order (GTO) that imposes additional reporting and recordkeeping obligations on certain trades and businesses located within the Los Angeles Fashion District.  The GTO will enhance law enforcement’s ongoing efforts to identify and pursue cases against persons and businesses

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Florida Buildings Illuminated Purple to Recognize Domestic Violence Awareness

h TALLAHASSEE, Fla.—In recognition of October as Domestic Violence Awareness Month, Attorney General Pam Bondi will have the Old Historic Capitol in Tallahassee illuminated in purple on the evening of Wednesday, Oct. 1, beginning at 6:30 p.m. The Freedom Tower at Miami Dade College in Miami and the SunTrust Financial Centre in Tampa are also

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Is The Law Firm Merger Mania Good, Bad or Just Plain Ugly?

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Quick question:  Does the merger mania afflicting the legal market auger well or not for the law business?  Is it panic, in other words, at pressured fees and increased competition, or is it the result of carefully thought through business development and marketing? Well, according to research recently undertaken, the mergers have not only created

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