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Davis Graham & Stubbs Attorney Marcia Chadwick Holt Named to National Estate Planning Panel
Marcia Chadwick Holt, an attorney at Davis Graham & Stubbs LLP, will be a featured speaker at a national symposium in New Orleans March 1-3, “Post-Mortem Planning and Estate Administration”. The annual advanced course of study cosponsored by the American Bar Association and the American Law Institute is designed for experienced practitioners in dealing with the major problem areas in administering Articles Nexis decedent’s estate. The conference will be held at the Astor Crowne Plaza in the historic core of New Orleans. Speakers for the conference include estate planning attorneys, judges, appraisal experts and other estate professionals.

Ms. Holt’s segment of the program on March 2 covers “Employee Benefit Plan Proceeds”. She is a nationally-recognized expert on trusts and estates, and on planning for distributions from retirement plans and IRAs. Ms. Holt is a frequent lecturer nationally and locally and published several articles on distribution issues. She also advises clients on guardianships, conservatorships, decedent’s estates, gift and estate tax issues, and retirement plans.

02-26-2007

TSA Chair Resigns, Joins Gaming-Law Firm
This article from the Business Press discuses Kimberly Maxson-Rushton stepping down as chair of the TSA in order to join Cooper Levenson as a partner.

02-26-2007

Liza M. Walsh Quoted in The National Law Journal
Liza M. Walsh discussed one approach to major intellectual property suits in the February 26, 2007 issue of The National Law Journal. In "Intellectual Property Verdicts Exceed $1.3 Billion in 2006", Walsh advocated an approach to intellectual property trials that is as simple and straightforward as possible.

The National Law Journal sought Ms. Walsh's comment on recent trends in intellectual property law because of Connell Foley's role as co-counsel with Heller Ehrman for Texas Instruments in Globespan Virata, Inc. v. Texas Instruments. In February of 2006, Texas Instruments won a $112 million jury verdict.

02-26-2007

Twin Cities’ Briggs and Morgan Announces New Executive Committee
Briggs and Morgan, Professional Association, announces the election of new leadership for the firm’s three-member executive committee: Alan H. Maclin, Charles B. Rogers and Brian D. Wenger. Alan Maclin took office as Briggs’ president Feb. 14, 2007. Maclin previously served as head of the litigation department. During his term as president, he will maintain active leadership on the firm’s executive committee and board of directors, as well as the Briggs and Morgan Foundation board of directors.

Maclin’s litigation practice has grown to include lead defense of numerous groundbreaking class actions challenging various mortgage banking practices, along with representation of manufacturers, financial institutions and others in connection with complex commercial litigation. He also concentrates on antitrust and trade regulation, defense of governmental enforcement actions and investigations, and complex trust and estates litigation. Maclin joined Briggs and Morgan in 1980 after serving six years as special assistant attorney general for Minnesota. He received his B.A. magna cum laude from Vanderbilt University and his law degree from the University of Chicago Law School. Charles Rogers is a shareholder and head of Briggs’ litigation department. His trial practice involves the energy industry, commercial real estate disputes, environmental claims and professional liability. He also has extensive experience litigating fraud and breach of contract, failed mergers and acquisitions, fiduciary claims, fidelity bond claims, minority shareholder actions, ERISA disputes and disability claims, software disputes, covenants not to compete, and trademark and copyright infringement claims.

Rogers joined Briggs and Morgan in 1981 and is a former member of the firm’s board of directors. He received his B.S. magna cum laude from Concordia College and his law degree cum laude from the University of Minnesota Law School.

Brian Wenger is a shareholder and head of Briggs’ commercial department, as well as a member of the business law section. Brian concentrates his practice in complex business and commercial transactions, and mergers and acquisitions, which involve several interdisciplinary areas of the law, including finance, intellectual property, securities, contracts, taxation, employment relations, health care, commercial litigation analysis, corporate strategy and governance issues, such as restructuring. He has handled Articles Nexis wide variety of stock and asset acquisitions, divestitures and joint ventures. Wenger also assists families with high net worths in addressing complex estate and business issues and transactions.

Wenger joined Briggs and Morgan in 1988 and previously served on the firm’s board of directors. He received his B.A. from Marquette University and his law degree from Villanova University.

02-26-2007

Bell Boyd Participates in Diversity in the Law
Bell, Boyd & Lloyd participated with other Chicago law firms and nonprofit government agencies in supporting Diversity in the Law, a day-long program for college students to learn more about career opportunities in the legal profession. In its second year, the program increased significantly with over 130 students visiting Chicago law firms.

As a returning sponsor, Bell Boyd hosted thirteen students who were invited to a panel discussion with partners and associates, including Michael Martinez, Graham Grady, Bonita Hatchett, Renato Smith, David Kim, and Tony Iweagwu, who discussed their individual practice areas and backgrounds, as well as the law school application process and internship opportunities at the firm. The students also received a tour of the firm's offices.

Sponsored by the University of Chicago and the Big Ten Consortium, Diversity in the Law allows sophomore and junior college students from Big Ten universities to explore different business sectors within the field of law and gives firms and nonprofit organizations the chance to network with high achieving undergraduates.

02-26-2007

Independent Spirit Awards
Our client, Ali Selim, won Best First Feature for his film Sweet Land at the Independent Spirit Awards on February 25th. The film was also nominated for Best Actress for Elizabeth Reaser's performance. The event was held in a tent on the beach in Santa Monica, California and was televised on IFC. The Minnesotans were very sorry to miss the snow storm back home.

02-25-2007

Milbank Continues to Dominate Satellite Finance Sector
The international law firm Milbank, Tweed, Hadley & McCloy LLP has again been named Law Firm of the Year for its satellite financing work. The award, conferred by SatelliteFinance, a leading industry publication, recognizes Milbank’s leadership in the satellite finance sector in 2006. This is the third consecutive year SatelliteFinance named Milbank Law Firm of the Year.

Milbank continued its role as the “go to” law firm in the satellite industry, playing an instrumental role in more than thirty satellite financings worldwide over the past three years, amounting to more than $23 billion, representing leading financial sponsors, lenders, investors and satellite operators. The past year was marked by a variety of financings and strategic advice involving space projects in Indonesia, Japan, Vietnam, England, Spain, India, Mexico, the United Arab Emirates, the United States, China, Israel and Canada, including:

* $650 million Satmex Restructuring: Milbank represented Satélites Mexicanos, S.A. de C.V. (“Satmex”), Mexico’s leading satellite service provider, in its complex cross-border restructuring. The innovative, comprehensive recapitalization process took several years to complete due to its numerous layers of domestic and foreign debt, Mexican government ownership and reliance on concessions from Mexican regulators for the continued operation of its business.
* $3.5 billion financing for Intelsat’s acquisition of PanAmSat: Milbank represented Intelsat, Ltd. in completing $3.5 billion in financing for its acquisition of PanAmSat Holding Corporation. Closing less than a year after the deal was announced, the multi-tiered transaction was comprised of high yield bonds and a senior unsecured credit facility. The merger solidified Intelsat’s leadership position in fixed satellite services (FSS), creating the world’s largest commercial FSS provider.
* At year-end, Milbank represented ProtoStar Ltd. in a $210 million satellite financing, bringing the company a critical step closer to launching its Asian satellite service. The success of the financing is particularly noteworthy, given the inherent challenges in any financing for a start-up venture, the volatility of the high yield debt market and the risks always present in the satellite industry.

Commenting on the award, Peter Nesgos, the Milbank partner leading the firm’s space business practice, stated, “We value SatelliteFinance magazine’s continuing recognition of our work. Coming from the industry’s leading publication, the accolade is a testament to the commitment and strength of our space business team. Our preeminence comes from bringing to bear our strengths in securities, capital markets and finance with our deep understanding of the space business. This uniquely qualifies us to work with our clients on structuring the most innovative and challenging transactions.”

Mr. Nesgos added, “We already are experiencing another active year as the industry continues to focus on growth via consolidation and convergence.

02-24-2007

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