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"Trying Divorce Cases"
As she has done for many years, Elaine M. Epstein will be a faculty member at the MCLE seminar entitled "Trying Divorce Cases", demonstrating cross examination techniques and lecturing on financial statements. The seminar will cover all aspects of divorce trials from preparation and planning to post trial issues and will include an "Ask the Experts" question and answer session.

10-20-2006

Rich May Lawyer Walter Wright Featured in Executive One-On-One Video Leadership Seminar ™ on Negotiating and Structuring Venture Capital Financings
Rich May's Walt Wright conducted a C-Level video leadership seminar published by Reed Logic and distributed by Aspatore Books, Negotiating and Structuring the Ten Most Important Deal Points in VC Financing.

To watch the complete seminar on the web. click here
To Download QuickTime 7 click here
According to Reed Logic & Aspatore:

The goal of this Video Leadership Seminar™ is to provide executives with deal-critical information about negotiating with venture capitalists. The video is available at Rich May's website, and is viewable on any computer. It and features 90 minutes of live video with Walter A. Wright III of Rich May, PC, sharing his best practices on structuring and negotiating the ten most important deal points in venture capital financings. Aspatore Books describes Walter Wright as “a seasoned veteran who has done countless deals and can help make sure you get the best terms possible.” The Video Leadership Seminar™ provides essential information for negotiation strategies with venture capitalists, including the 10 specific areas you need to pay the closest attention to and how to structure them to best fit your needs. This video is guaranteed to improve the terms of your deal and is a must see before finalizing any deal with investors. Topics covered in the Video Leadership Seminar™ include:

• A detailed look at the 10 most important deal points that affect VC Financing.
• Step by step guide for negotiating with venture capitalists.
• Specific negotiation strategies for valuations, management compensation, stock options, exit clauses, dilution terms, board member seats, and more.
• Specific negotiation strategies and a "cheat-sheet" for how far VCs are usually willing to negotiate on each item.
• Roles and motivations of each party.
• Specific wording for how certain sections should be structured.
• Case Studies of specific situations and what you can learn from them.
Video Leadership Seminars™ can be viewed from computers, video iPods and televisions with DVD, and may be purchased at the Aspatore Store or in the EU at the Research and Markets website.

10-19-2006

Matheson Ormsby Prentice advises on joint venture between An Post and Fortis Bank
Matheson Ormsby Prentice advised on the joint venture between An Post and Fortis Bank SA/NA for the provision of retail banking services through the An Post branch network throughout Ireland. This transaction is evidence of a growing trend among postal operators to leverage their strong distribution networks by providing a focused financial services offering. In this case, An Post, the Irish national postal operator, has partnered with Fortis Bank SA/NV, which has significant experience in partnerships generally and with considerable success in postal banking. The move is supported by the Irish Government, An Post's shareholder, which sees it as, among other things, sustaining a viable post office network.

The firm's team was led by corporate partner, Robert Heron, and involved lawyers from the firm's financial services, outsourcing, information technology, competition and employment groups.

10-19-2006

Matheson Ormsby Prentice top ranking firm in M&A league tables
Matheson Ormsby Prentice has been named the top ranked law firm for Irish mergers and acquisitions (M&A) transactions for January to September 2006 by MergerMarket, one of the leading international publishers who compile global M&A league tables.

According to MergerMarket, the firm leads the way both in terms of highest value deals and number of deals advised, two key performance indicators.

In the first six months of 2006 the firm topped the MergerMarket league tables for both value and number of deals. In 2005, Matheson Ormsby Prentice acted on more M&A deals than any other Irish law firm.

10-19-2006

2006 Unsung Heroes
In conjunction with Massachusetts Lawyer's Weekly 2006 Unsung Heroes award ceremony, which took place on October 19, we congratulate all of Looney & Grossman's "Unsung Heroes" especially those nominated this year for their ongoing outstanding contribution to our Firm. From left to right, Barbara Downey, Legal Secretary; Kim Wormstead, Paralegal; LaToya Odom, Legal Secretary; Alan Smith, Paralegal.

10-19-2006

IRS's 2007 Cost-of-Living Adjustments Available
The Internal Revenue Service ("IRS") has announced its annual cost-of-living adjustments for the 2007 tax year. These IRS adjustments affect the amount of benefits payable and the amount of contributions allocable under retirement plans, including 401(k) plans, defined benefit pension plans, employee stock ownership plans ("ESOPs"), and simplified employee pensions ("SEPs"). The chart will be updated again when new limits from the Social Security Administration and Pension benefit Guaranty Corporation are announced.

10-19-2006

Foster granted class action status for landmark Tyson Foods wage-scheme case
Judge Curtis Collier of the U.S. District Court, Chattanooga, Tennessee, has granted class action status for Attorney Howard W. Foster’s landmark case Trollinger v. Tyson Foods, Inc., which seeks back pay for U.S. workers. The case alleges that Tyson, reportedly the world’s largest processor and marketer of poultry, has employed many illegal immigrants at eight of its chicken processing plants in order to depress wage levels. The decision signifies that Johnson & Bell is now class counsel for all the legally employed hourly paid workers at these plants. Foster will serve as co-lead counsel for the class and a trial date will be set by Judge Collier in January 2007.

Foster is one of the leading attorneys in the nation for using RICO as a tool to counter the hiring of illegal immigrants, since 1998 bringing class-action lawsuits against employers who allegedly engage in the practice to reduce labor costs. His first such case, Mendoza v. Zirkle (E.D. Wash.), was settled in January 2006 for $1.3 million, which is being distributed to legal workers of that company to compensate them for wage depression.

According to Foster, the Tyson decision means, “legal American workers can finally do something about the employment of illegal immigrants. They can sue for wage depression, which is what civil RICO was intended for. We are delighted with this decision and believe it will be upheld if Tyson seeks review in the Court of Appeals, where we have already won.

10-19-2006

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