Law Firm News

---

Law Firm News

Firm Name

News Title

News

News Date

25383 matches |  9409-9415 displayed

1  1341 1342 1343 1344 1345  3627

---

Dorsey & Whitney, L.L.P.

Dorsey & Whitney Names New Capital Markets Co-Head
Dorsey & Whitney LLP announced today that Steven Khadavi, a partner in the firm’s New York office, has become the new co-head of the Dorsey Capital Markets practice.

Mr. Khadavi represents underwriters and issuers in public and private debt and equity offerings, debt tender offers, consent solicitations, exchange offers and public and private acquisitions. He has represented clients in the United States and abroad in various sectors, including telecommunications, healthcare and consumer products. Mr. Khadavi also advises clients with respect to corporate governance and Sarbanes-Oxley matters.

Kenneth L. Cutler, partner-in-charge of the Dorsey Transactions group, said, “Dorsey has a strong Capital Markets practice that reaches around the world. Steven and Jon Abram, the other co-head of the Capital Markets practice, have aggressive plans to expand the firm’s practice even further.”

Mr. Khadavi holds a B.A. degree with honors from Clark University, and a J.D with highest honors and Order of the Coif from the George Washington University Law School.

03-02-2007

---

Cozen O' Connor

Heritage Building General Council Joins Cozen O'Connor
Cozen O’Connor announced that Howard Brown will join the firm as a member of its real estate practice group. Brown joins the firm from Heritage Building Group, where he served as vice-president and general counsel.During his seven-year tenure at Heritage, Brown handled all aspects of zoning, land use and real estate development and approved and improved third party land sales, in addition to managing the firm’s equity investor and joint venture relationships. He also represented the company before boards, authorities and outside agencies, and worked closely with politicians at local, state and federal levels to secure right to build entitlements. Brown was recognized as a Pennsylvania Super Lawyer Rising Star in 2005 and 2006.

“Howard’s years of experience as general counsel of a premier real estate development company, along with his extensive web of relationships will add greater depth to help continue the growth of the firm’s zoning and real estate practice,” said Jeffrey Leonard, chair of the firm’s real estate practice group.

Brown added: “I’m very excited to join Cozen O’Connor and work with attorneys like Jeff and Ross Weiss. I look forward to using the vast experience I have garnered over the last seven extremely active years in the land development and building business to benefit the firm and my clients.

03-02-2007

---

Baker & Hostetler, L.L.P.

Wilcox Addresses Cleveland IP Law Association
Cleveland partner Deborah Wilcox, co-chair of the firm’s Intellectual Property Litigation practice, was a continuing legal education speaker for the Cleveland Intellectual Property Lawyers Association program on February 20.

Wilcox addressed the topic, "A Practical Guide to Litigating and Resolving Trademark Disputes." She covered issues in researching various aspects of disputes, setting goals, understanding insurance coverage and damages issues, and settlement options. The audience was particularly interested in best practices for dealing with online IP infringement issues.

03-02-2007

---

Murtha Cullina LLP

Murtha cullina attorneys and staff volunteer to support literacy in hartford
"Murtha Cullina LLP is proud of its commitment to the Hartford School System and the Hartford Jewish Coalition for Literacy. Since the fall of 2005, staff and attorneys from Murtha Cullina LLP have been serving as reading mentors at Barnard Brown School in Hartford through a program administered by the Hartford Jewish Coalition for Literacy. Each week, six individuals from the firm meet at Barnard Brown School and read with and to six students in both kindergarten and second grade.

Throughout the area, more than 250 volunteers participate in the Hartford Jewish Coalition for Literacy volunteering in both Hartford and some of the surrounding communities. Murtha Cullina LLP is the first business to commit volunteers to this program to read with the students on a weekly basis. The program within Murtha Cullina arose through its Diversity Committee. “We wanted to do something for the community within which we do business and felt that this was a wonderful program to get involved with,” said Irwin Hausman, who is Chairman of the firm’s Diversity Committee. He said, “While there are a number of programs that are worthwhile, the firm felt that this particular program had a long and positive impact on the recipients of our services.”

The individuals who have participated in the program have all felt that their time was
well spent and appreciated by the teachers and students alike. Liz Gioia, one of the attorneys who participates in the reading program, commented that participation in the program “puts a smile on my face for the remainder of the day” on those days that she reads with the students. Recently, a kindergartener was able to read an entire page to Liz and her colleagues, and when finished, was excited about his accomplishment. Madonna Burns, another participant from the firm, said that it was a pleasure for her to be with the children and believes that one-on-one reading help is essential to the overall education of the student.

“From our perspective,” said Irwin Hausman, “we would like to see more corporate sponsorship of reading mentors so that the entire business community can participate in this wonderful program.” “The time commitment is short, and the benefits long,” said Hausman."

03-02-2007

---

Goodkind, Labaton, Rudoff & Sucharow, L.L.P.

LABATON SUCHAROW & RUDOFF LLP FILES CLASS ACTION LAWSUIT AGAINST Celestica, Inc., ALLEGING A LONGER CLASS PERIOD THAN EXISTING ACTIONS
Labaton Sucharow & Rudoff LLP filed a class action lawsuit on March 2, 2007 in the United States District Court for the Southern District of New York, on behalf of persons who purchased or otherwise acquired publicly traded securities of Celestica, Inc. (“Celestica” or the “Company”) (NYSE: CLS) between January 27, 2005 and January 30, 2007, inclusive, (the “Class Period”). The lawsuit was filed against Celestica, Stephen W. Delaney (former CEO) and Anthony P. Puppi (former CFO) ( collectively,“Defendants”).

If you are a member of this class you can retrieve the complaint from the Court or view a copy online at http://www.labaton.com/en/cases/Newly-Filed-Cases.cfm

The complaint alleges that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. Specifically, the complaint alleges that Defendants’ Class Period earnings statements and SEC reports were materially false and misleading because they failed to disclose the truth regarding the problems experienced by the Company as a result of its restructuring. In particular, unknown to investors, the Company’s Mexican operations, which under the restructuring plan was to receive 16 new customers that previously were provided for at more expensive locations, was simply not setup to handle the increase in volume, resulting in massive cost overruns, productivity delays, inventory management issues, and lost customer confidence that undermined the Company’s credibility.

On December 12, 2006, Celestica issued a press release warning that it would be unable to meet its operational targets as stated in its October 26, 2006 press release. The Company stated that based upon its then current estimates, revenue would fall in a range of $2.2 billion to $2.5 billion, with adjusted net earnings falling in the range of $0.00 to $0.06 per share. The Company’s prior guidance was for revenues of $2.25 billion to $2.45 billion in revenues and for $0.05 to $0.23 in net earnings per share. The reduction was attributed to demand reductions and inventory write-offs in its Monterrey, Mexico operations. Celestica shares reacted negatively to the news, falling from $9.37 per share to $8.23 per share on December 12, 2006, a one-day decline of 12.1%.

Then, on January 30, 2007, Celestica revealed that its net loss had more than tripled to $150.6 million, or ($0.66) per share. The Company attributed the increased loss to problems at its Mexican facilities and warned of additional charges. The Company also announced that Defendant Puppi would be stepping down from his role as Chief Financial Officer. In reaction to the news, Celestica shares fell from $7.73 per share to $5.96 per share, a one-day decline of 22.9%, on January 31, 2007.

Plaintiffs are represented by the law firm of Labaton Sucharow & Rudoff LLP. Labaton Sucharow is one of the country’s premier national law firms that represent individual and institutional investors in class action, complex securities and corporate governance litigation. The firm has been a champion of investor rights for over 40 years and has been recognized for its reputation for excellence by the courts.

03-02-2007

---

Davis Polk & Wardwell

CEGEDIM to Acquire Dendrite
Davis Polk & Wardwell is advising JPMorgan as financial adviser to Dendrite International Inc. in connection with the proposed acquisition of Dendrite by CEGEDIM S.A. Dendrite is a New Jersey-based company that enables sales, marketing, clinical and compliance solutions for the global pharmaceutical industry. CEGEDIM is a French company that develops exclusive databases and high value added software solutions.

According to the terms of the merger agreement, CEGEDIM will acquire Dendrite for $16.00 per outstanding share in cash, valuing the transaction at approximately $751 million. The transaction is expected to close in the second quarter of 2007, pending approval of Dendrite shareholders, receipt of regulatory approval and other customary closing conditions.

The Davis Polk corporate team includes partner Phillip R. Mills and associate Jason A. Herrick, both of the New York office.

03-02-2007

---

Motley & Rice, L.L.C.

MOTLEY RICE LLC SUPPORTS THE NATIONAL AIR DISASTER ALLIANCE/FOUNDATION
Motley Rice LLC presented a $15,000 donation to the National Air Disaster Alliance/Foundation (NADA/F), one of the nation's leading air safety organizations. NADA/F hosted their Annual Meeting on February 23-24, 2007, featuring Motley Rice attorney and former Inspector General of the U.S. Transportation Department, Mary Schiavo, and Motley Rice attorney and retired airline captain, Don McCune as speakers on the importance of allocating aviation taxes and fees to airline safety and security.

Through open communication and education, NADA/F advocates for aviation safety on behalf of the survivors and the victims' families of more than 80 aviation disasters, as well as aviation professionals and the flying public. Recognizing the parallel nature of NADA/F's goals to the work of the aviation team at Motley Rice, prompted the firm to give an initial $15,000 donation to the organization in 2005. Mary Schiavo and the Motley Rice aviation team investigate and litigate aviation crash cases around the globe. Motley Rice strives to create one standard of safety and security for both commercial and non-commercial aviation. The firm believes in the causes, not just the cases. Schiavo is a well-known advocate for air travel safety and passengers' rights and has supported the NADA/F for many years.

03-01-2007

---

25383 matches |  9409-9415 displayed

1  1341 1342 1343 1344 1345  3627