Law Firm News

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Law Firm News

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Hamburg, Rubin, Mullin, Maxwell & Lupin, Attorneys At Law

Two HRMM&L Attorneys Featured at PBI Event
HRMM&L's Christen G. Pionzio, Esq. and Carl N. Weiner, Esq. were featured speakers at a Pennsylvania Bar Institute CLE Seminar, titled "Understanding Plans and Surveys".

The seminar explained how to utilize plans and surveys effectively.

10-19-2006

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Greenberg Traurig, LLP

12 Greenberg Traurig Shareholders Named Texas Super Lawyers
The 2006 edition of Texas Super Lawyers named 12 Dallas and Houston shareholders from the international law firm Greenberg Traurig for their list. The Super Lawyers® publication names Texas' top lawyers as chosen by their peers and through the independent research of Law & Politics Magazine. The 2006 Texas Super Lawyers list is based on surveys of more than 55,000 attorneys across the state who have been licensed to practice for five years or more. The goal is to select the top five percent of Texas attorneys in more than 60 practice areas as Super Lawyers.

The following Greenberg Traurig attorneys are listed among the “Texas Super Lawyers” in the specified areas of practice:

1. Douglas C. Atnipp, Energy and Natural Resources
2. Eric W. Buether, Business and Intellectual Property Litigation
3. Steve C. Carlin, Business Litigation
4. Roland Garcia, Jr., General Litigation
5. Hugh E. Hackney, Employment and Labor and International
6. Shari L. Heyen, Bankruptcy and Creditor/Debtor Rights
7. Clifton R. Jessup, Jr., Bankruptcy and Creditor/Debtor Rights and General Litigation
8. Mary-Olga Lovett, General Litigation
9. Ralph G. Santos, Real Estate
10. J. Scott Sheehan, Business/Corporate
11. G. Allan Van Fleet, Antitrust Litigation, Also named “#3 Top Point Getter” in the State
12. Bruce H. White, Bankruptcy and Creditor/Debtor Rights
Pertinent GT Biographies: Douglas C. Atnipp, Eric W. Buether, Stephen C. Carlin, Roland Garcia, Hugh E. Hackney, Shari L. Heyen, Clifton R. Jessup, Jr., Mary-Olga Lovett, Ralph G. Santos, J. Scott Sheehan, G. Allan Van Fleet, Bruce H. White

10-19-2006

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Greenberg Traurig, LLP

Greenberg Traurig Client Goodman Manufacturing Company Receives Unanimous Federal Jury Verdict
The international law firm Greenberg Traurig is pleased to announce the $3.5 Million verdict that was received on September 27, 2006, for firm client Goodman Manufacturing Company, a manufacturer and nationwide wholesaler of air conditioners, heaters, heat pumps and related equipment parts and supplies.

The week-long jury trial, involving over 500 exhibits and complex accounting issues, took place in federal court in Houston before The Honorable Gray H. Miller, U.S. District Judge for the Southern District of Texas. The unanimous jury verdict, reached after 12 hours of deliberation over three days, awarded Goodman Manufacturing Company all damages sought, plus interest and attorneys’ fees against ASHA Distributing & ASHA Distributing of KC, Inc., a former distributor of Goodman products, for failure to pay Goodman Manufacturing Company over $3.5 million in equipment and parts.

“This was a true team effort that resulted in a 100% favorable resolution for our client, Goodman Manufacturing Company. Working with GT colleagues in Houston, Dallas and Chicago really drove home the collaborative spirit of Greenberg Traurig and the quality of professionals and resources available to our clients everywhere, “ stated Gregory J. Casas of Greenberg Traurig.

The Greenberg Traurig trial team was led by shareholder Gregory J. Casas and second chaired by associate Paul Brown, both of Houston. Dallas associate Russ DePalma assisted with the jury charge. Cindy Walker, Leah Wilson, Jeannie Suhr (Houston), and Kari Johnson (Chicago) provided logistical and technical support.

10-19-2006

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Dreier LLP

DREIER LLP REPRESENTS INVESTORS IN FINAL$36 MILLION EQUITY FINANCING ROUNDFOR THE NATIONAL SPORTS MUSEUM
Dreier LLP announced today that it represented the equity investors in negotiating and completing the final $36 million round of equity financing for the new National Sports Museum, which will be located in lower Manhattan.
Dreier LLP represented private investors, who included senior management of nearly every major New York investment firm, in the highly complex round of financing for the country’s first interactive museum dedicated to the history and importance of sports. The museum is expected to open to the public in 2008.
“It’s very gratifying when we have the opportunity to work on a project of this national significance. With the financing in place, the National Sports Museum is one step closer to opening its doors,” stated Dreier LLP partner Bruce Bronster, who was lead co-counsel for the “D” round of equity investors along with Dreier LLP partner Glenn Burlingame.
The final round of equity financing, along with $57 million in New York Liberty Bonds issued by the City and State of New York as debt financing for the museum, brings the project’s total financing to more than $100 million.
With the completion of the financing, the National Sports Museum is entering into the design and construction phase at its home in a landmark building formerly owned by John D. Rockefeller. Created in partnership with North America’s major sports halls of fame, museums and organizations, the interactive venue will be housed in 100,000 feet of space just four blocks from the World Trade Center site at the lower end of Broadway at Bowling Green. The lease for the space commenced in August, and construction is expected to start in early 2007.
The final round of financing, which has taken more than two years to complete, involved complex negotiations among representatives of the Liberty Bonds grant, the investment banks placing the bonds and other debt-holders as well as the equity interests of the founders and earlier investors.
The unique public/private financing arrangement for the project involved the granting of $57 million in New York Liberty Bonds by the City and State of New York, clearing the way for private investors to complete the $36 million in equity financing.
“We are grateful to the city and state of New York for granting these bonds and to our private investors for their support,” said Philip Schwalb, National Sports Museum Founder and CEO. “Because of their collective belief in our vision, we are well on our way to creating a cultural destination for sports fans and being a driving force in revitalizing Lower Manhattan.”
The Museum, which will be the new home of college football’s Heisman Trophy award, will house modern interactive exhibits and memorabilia celebrating baseball, basketball, football, hockey, golf, tennis, boxing, track and field, soccer, swimming, lacrosse, extreme sports, auto racing, equestrian events and other sports.
The National Sports Museum’s more than 50 partner organizations include halls of fame such as those for basketball, hockey, college football, soccer and the PGA; national governing bodies such as U.S.A. Hockey, U.S. Soccer and U.S. Lacrosse; museums, such as those celebrating the Negro Leagues and Yankee legend Yogi Berra; and the NASCAR.

10-19-2006

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Wilmer, Cutler, Pickering, Hale & Dorr, L.L.P.

Winstead team part of Yankee Stadium municipal bond transaction
A team of attorneys from Texas law firm Winstead Sechrest & Minick P.C. successfully represented two New York bond insurers in one of the biggest municipal bond transactions of 2006 -- the new Yankee Stadium financing.

Under CEO-elect Denis Braham's leadership, attorneys from Winstead's Public Finance and Sports Business Practice Groups served as counsel to two national bond insurers, Financial Guaranty Insurance Company (FGIC) and MBIA Insurance Corporation with respect to their insurance of approximately $950 million in bonds, three reserve funds, and 16 interest rate swap agreements with four different banks. Goldman Sachs & Company, Inc. underwrote the transaction.

The unique aspect of this transaction was that it marked the first use of "payments in lieu of taxes" (PILOTs) as a source of repayment for a tax-exempt bond transaction -- a new type of financing structure approved this summer by the IRS in a private letter ruling related to this transaction.

Winstead's Public Finance Practice Group coordinated the work as counsel to the insurers with shareholders Bobby Hood (Dallas), Linda D'Onofrio (New York), and Nancy Hagquist (Austin), and associate Clay Binford (San Antonio).

Braham, chair of Winstead's highly regarded Sports Business and Public Venues Practice Group, which has among its clients the Dallas Cowboys, Texas Rangers and Houston Texans, helped synthesize the transaction. "We've built a reputation as one of the most active and successful firms in the country in negotiating and structuring agreements for professional teams," said Braham. "This is one of our prouder moments."

In order to provide a full spectrum of services to the bond insurers the transaction was further supported by a cross-section of attorneys from other practice areas. The team included shareholder Ken Kopf (Dallas) and Of Counsel Nancy Martin (The Woodlands) in Real Estate, shareholder Robert Bass (Austin) in Construction, shareholders Max Tucker and David Elmquist (Dallas) in Bankruptcy, shareholder Stan Harvey (Dallas) in Environmental, and shareholder Michael Taylor (Dallas) and associate Cantrell Dumas (Houston) with respect to New York law.

"This was an exceptional opportunity for Winstead to demonstrate its ability to work among practice groups and seek innovative solutions for clients," said Braham. "This transaction provides us with a platform from which to continue developing client relationships in New York."

The bonds will pay for the design, development, acquisition, construction, and fitting out of the new stadium to be located near the current Yankee Stadium in The Bronx, New York. The stadium, approximately 1.3 million square feet, will include 60 luxury suites and seat over 52,000 spectators.

10-19-2006

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Darby & Darby, PC

National Products, Inc. Wins Judgment that LobsterMount Products Infringe its Patents
In a lawsuit brought by Darby & Darby on behalf of National Products Inc. (“NPI”), a federal court has entered a final judgment that LobsterMount products sold by Palmetto West Trading Co. infringe two NPI patents.

NPI, headquartered in Seattle, is the manufacturer of the popular RAM Mount line of products for mounting mobile devices. RAM Mount products use an innovative ball-and-socket mechanism, and can be configured to hold any number of devices, ranging from GPS units to notebook computers, in many different environments, including vehicles. RAM Mount products are particularly popular with sportsmen, mobile professionals, fleet vehicles and the military. The company was founded by prolific inventor Jeff Carnevali, who has obtained numerous patents relating to adjustable mounting devices.

The court ordered Palmetto to immediately stop advertising its infringing LobsterMount products and to cease all sales of those products by the end of 2006. As part of the judgment, Palmetto admitted that its LobsterMount products had infringed two patents held by NPI. Palmetto also agreed to pay an unspecified amount of damages to NPI.

This judgment was the result of a patent dispute between NPI and Palmetto that began in December 2004.

“This settlement represents a total victory for NPI founder Jeff Carnevali and RAM Mount,” said lead Darby & Darby attorney David Tellekson. “This was a long and hard-fought battle. At the end of the day, Palmetto was forced to admit that its LobsterMount products were infringing and to agree to withdraw them from the market.”

According to Carnevali, “This is a great win for NPI and RAM Mount. Our patents are very important to keeping our products and inventions from being copied, particularly by overseas companies. They help to protect American jobs.”

“Palmetto did not respect our patents,” continued Carnevali. “The court’s judgment reaffirms that our patents are valid and that Palmetto was wrong in infringing them.”

This successful lawsuit is the second for NPI and Darby & Darby this month. On October 3, competitor Gamber-Johnson likewise admitted that its VersaTrue line of ball-and-socket mounting products had infringed an NPI patent. A court ordered those VersaTrue products withdrawn from the market.

10-19-2006

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Costello, Cooney & Fearon, PLLC

Economic Champions Award
Recently Costello, Cooney & Fearon, PLLC was recognized by the Greater Syracuse Chamber of Commerce as an Economic Champion for its contributions to economic growth.

10-19-2006

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