SEC Rules Sale of Tenant in Common (TIC) Interests Must Comply With Securities Law

Luce, Forward, Hamilton & Scripps LLP today announced it, together with PASSCO Companies, LLC, OMNI Brokerage, Inc., and Argus Realty Investors, L.P., just received a no-action letter from the Securities and Exchange Commission (SEC) taking the definitive position that Tenant in Common (TIC) transactions, structured either as a master lease or property management, are considered […]

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Allen & Overy advising Interwoven, Inc. on cash acquisition by Autonomy Corporation plc – UK Legal Newswire

LONDON – LawFuel.com – Allen & Overy LLP is providing advice on English legal and regulatory matters to Interwoven, Inc. (“Interwoven”) on its acquisition by Autonomy Corporation plc (“Autonomy”) for US$775 million in cash. Interwoven is a NASDAQ listed company specialising in content management software solutions. Fenwick & West LLP is advising Interwoven on US

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Fenwick & West Represents Interwoven in Acquisition by Autonomy

January 22, 2009 (San Francisco, CA – LAWFUEL) – Fenwick & West LLP represented its long-time client Interwoven, Inc. (NASDAQ: IWOV) in its pending acquisition by Autonomy Corporation plc (LSE: AU), Europe’s second largest enterprise software company. Interwoven, based in San Jose, CA, is a leading provider of enterprise content management systems. The transaction is

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Woman Charged With Importing into Australia Concealed in Her Bra

(LAWFUEL) – A 20-year-old Malaysian woman faced court in Melbourne today charged with attempting to import approximately 400 grams of heroin into Australia concealed within her bra. Officers from the Department of Immigration and Citizenship referred the woman to Customs for a baggage examination when she arrived at Melbourne International Airport on a flight from

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The Economist magazine takes a look at the law in America – a wonderful thing, they comment, but can you have too much of a wonderful thing?

Americans are still chuckling about the “pants suit”. A man—a judge, no less—sued his dry cleaners for $54m for allegedly losing his trousers. A sign at the shop promised “Satisfaction Guaranteed”. The plaintiff was not satisfied, so he cried fraud. He then used his highly trained legal brain to calculate the damages he was owed.

The Economist magazine takes a look at the law in America – a wonderful thing, they comment, but can you have too much of a wonderful thing? Read More »

Former Bank of America Employee In Bank Fraud Scheme – US Attorney

R. Alexander Acosta, United States Attorney for the Southern District of Florida, and Michael K. Fithen, Special Agent in Charge, U.S. Secret Service, Miami Field Division, announced today that defendant Ricardo Figuerado, a former employee of Bank of America, has been charged with bank fraud arising from a multi-million dollar scheme to misappropriate funds from

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US Attorney Reports Army Contractor Guilty Of Fuel Theft Kickbacks From Iraq – LawFuel Legal Newswire

LawFuel.com – Legal Newswire – LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that HARITH ALJABAWI, a/k/a “Harry,” pleaded guilty today before United States District Judge JOHN F. KEENAN in Manhattan federal court to charges stemming from his payment of thousands of dollars in kickbacks to a

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Citing an uncertain economy, Cooley Godward Kronish axed 52 lawyers and 62 staff Wednesday.

Citing an uncertain economy, Cooley Godward Kronish axed 52 lawyers and 62 staff Wednesday. The 725-lawyer firm cut associates, including some who had just started this fall, and three special counsel. Practice areas most affected by the layoffs are those being hardest hit in the economic downturn: corporate, transactional and public securities, the firm said.

Citing an uncertain economy, Cooley Godward Kronish axed 52 lawyers and 62 staff Wednesday. Read More »

SEC Suspends Trading in BBJ Environmental Technologies, Inc for Failure to Make Required Periodic Filing

(LAWFUEL) – The U.S. Securities and Exchange Commission (Commission) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the Exchange Act), of trading of the securities of BBJ Environmental Technologies, Inc. (BBJ Technologies), of Tampa, Florida at 9:30 a.m. EST on January 22, 2009, and terminating at 11:59 p.m.

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