Law Firm News

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Law Firm News

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Parker & McCay, Attorneys At Law

Dawn Moskalow Re-elected as President of the South Jersey Paralegal Association
Parker McCay paralegal Dawn Moskalow was recently re-elected as president of the South Jersey Paralegal Association (SJPA).

Ms. Moskalow will serve her second term as SJPA president for the 2007-2008 term. The SJPA is a non-profit organization of approximately 144 members that provides professional support and expands recognition of the paralegal profession, offers continuing legal education, facilitates improvements in paralegal education programs, and promotes the paralegal image.

As president, Ms. Moskalow will preside at all board and general membership meetings, appoint committee chairs, and supervise the work of the board and special committees.

Ms. Moskalow is a paralegal in Parker McCay’s personal injury department. She is a resident of Sicklerville, N.J.

08-14-2007

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Orrick LLP

Orrick Named 2007 Best Law Firm for Women By Working Mother Magazine & Flex-Time Lawyers
Orrick, Herrington & Sutcliffe LLP has been named 2007 Best Law Firm for Women by Working Mother magazine, an important source of information for career mothers, and Flex-Time Lawyers LLC, a national consulting firm advising attorneys and legal employers on work-life balance and the retention and advancement of women. A new initiative from a leading advocate for work-life balance and women-friendly policies, Best Law Firms for Women honors 50 winning firms for their commitment to the retention and advancement of female talent.

"Since its founding, Working Mother magazine has been the champion of progressive, women-friendly changes in the workplace," said Carol Evans, CEO, Working Mother Media. "Every year we see substantive advances in companies' policies across the country, and we are so excited to be able to pair with Flex-Time Lawyers to celebrate change in a field that has historically struggled to support women and their choices. I commend Orrick for taking the lead for women lawyers."

"We are delighted to celebrate Orrick for its efforts and successes in retaining and promoting women," said Deborah Epstein Henry, Founder and President of Flex-Time Lawyers LLC.

“Orrick is honored to be recognized as a firm that is dedicated to supporting the women who contribute to its success,” said Katharine Crost, head of Orrick's Women's Career Initiative. "Being named to the 2007 Best Law Firm for Women list inspires Orrick to continue initiating interesting, innovative and effective ways to help our female lawyers reach their full professional potential.”

In the August/September issue of Working Mother magazine, Orrick is honored for creating a work environment that is hospitable to and encouraging of the advancement of women. The winners were chosen for their leadership in developing programs that demonstrate their commitment to flexibility in the workplace, as well as programs that provide mentoring, networking and leadership opportunities for women.

Orrick's Women's Career Initiative, established in 2003, plays a vital role in addressing the challenges that affect women in the workplace. Orrick currently offers networking receptions, client and business development opportunities, mentoring circles and career development processes through which the firm can better support the development of women lawyers.

Orrick also supports the goal of work/life integration and assists its lawyers in balancing their obligations by offering emergency backup childcare to all partners and employees in most U.S. locations and by offering paid parental leave policies. Additionally, Orrick's Alternative Work Arrangement Policy enables attorneys who do not wish to remain on a traditional schedule to continue to contribute to the firm and to develop and advance their careers at Orrick. This year, an associate on an Alternative Work Arrangement was promoted to partner.

Methodology: The application and evaluation process for the 2007 Working Mother & Flex-Time Lawyers Best Law Firms for Women initiative was developed in a partnership by Working Mother magazine and Flex-Time Lawyers LLC and based on Working Mother's annual 100 Best Companies, a groundbreaking initiative that was first introduced in 1986, that continues to set the standard for family-friendly workplaces. To apply for the Best Law Firms for Women, Orrick provided detailed information on the issues that are most important to the retention and promotion of women lawyers in six measured areas: workforce profile, benefits and compensation, parental leave, childcare, flexibility, and retention and advancement of women.

The complete list of the 2007 Working Mother & Flex-Time Lawyers Best Law Firms for Women can be found in the August/September issue of Working Mother magazine, on newsstands August 14, and at www.workingmother.com and www.flextimelawyers.com.

08-14-2007

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Milbank, Tweed, Hadley & McCloy LLP

Marubeni Closes Financing for $553 Million Acquisition of Mirant's Caribbean Power Assets
Further expanding its portfolio of power assets in the Caribbean region, Marubeni Corporation of Japan (“Marubeni”) has closed on the financing for its $553 million acquisition of Mirant Corporation’s Caribbean power assets. The purchase was funded by Marubeni’s own equity and debt facilities provided by a group of international banks including Mizuho Corporate Bank, ABN AMRO, Calyon and ING Capital. Mizuho acted as financial advisor to Marubeni. The international law firm Milbank, Tweed, Hadley & McCloy LLP, led by partner David Impastato, represented the lenders in negotiating and structuring the financing.

Milbank’s Impastato stated, “Although M&A in the energy and power sectors has been active, the strength of the sponsor was a critical factor in completing this transaction at this time, given the current volatility and uncertainty in the credit markets.”

In addition to Mr. Impastato, the Milbank team representing the lenders included partner Daniel Bartfeld and associates Nick Bragg and Adrian Chiodo, all based in the firm’s New York office.

About the transaction:
One of Japan’s largest trading companies, Marubeni Corporation, through its wholly owned subsidiary Marubeni Caribbean Power Holdings, Inc. (“MPCH”), completed the $553 million purchase of the Mirant Company’s Caribbean power assets, Mirant Caribbean Holdings (“MCH”) on August 8, 2007. Marubeni was awarded the holdings in a competitive auction process held by U.S. independent power producer Mirant Corporation and signed the definitive sale and purchase agreement with Mirant International Investment on April 18, 2007. The payment consists of approximately $579 million in equity, the assumption of $350 million in debt and $153 million of power purchase obligations.

The acquisition was funded by Marubeni’s own equity and debt facilities provided by a group of banks led by Mizuho Corporate Bank and including ING, Calyon, ABN AMRO and National Commercial Bank Jamaica. Marubeni is seeking long-term take-out mezzanine financing from the Japan Bank for International Cooperation (“JBIC”).

The acquisition is part of Marubeni’s strategy of expanding its global power sector asset portfolio. This transaction enables Marubeni to expand its IPP and transmission and distribution presence through integrated utilities in the Caribbean region. Marubeni now owns controlling interests in two integrated utilities on Grand Bahama Island and Jamaica and interests in Curaçao’s national utility company and IPPs in Trinidad and Tobago and Curaçao. Total net generating capacity, including the acquisition, is 1,150 megawatts.

The sale completes Mirant’s divestiture program, leaving the company with operations solely in the United States. JP Morgan Securities Inc. acted as Mirant’s financial advisor on the sale.

08-14-2007

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Mayer Brown LLP

Mayer, Brown, Rowe & Maw Named 2007 Working Mother Best Law Firm for Women
Mayer, Brown, Rowe & Maw LLP has been named a 2007 Best Law Firm for Women by Working Mother magazine and Flex-Time Lawyers, a national consulting firm advising attorneys and legal employers on work-life balance and the retention and advancement of women. A new initiative from the leading advocates for work-life balance and women-friendly policies, Best Law Firms for Women honors 50 winning firms for their commitment to the retention and advancement of female talent.

"Since its founding, Working Mother magazine has championed progressive, women-friendly changes in the workplace," said Carol Evans, CEO, Working Mother Media. "We are so excited to be able to work with Flex-Time Lawyers to celebrate change in a field that has historically struggled to support women and their life choices. I commend Mayer, Brown, Rowe & Maw for taking the lead for women lawyers."

Mayer, Brown, Rowe & Maw appears on the list of Best Law Firms for Women in the August/September issue of Working Mother. The firm will be among those honored at a luncheon in New York in September. Additionally, the firm will be able to use the national benchmarking data now available through its participation in this initiative.

"We are extremely proud of this recognition as one of the law firms that is leading with innovative programs and policies that help female attorneys achieve balance in their personal and professional lives, and thrive as practitioners," said James D. Holzhauer, Chairman of Mayer, Brown, Rowe & Maw. Mr. Holzhauer specifically noted several of the most popular initiatives offered by the firm: women's forums in local offices, national and regional women's symposiums, joint initiatives with clients for networking, reduced hours policy, paid parental and paid maternity leaves, back-up emergency childcare and in-home childcare.

Additionally, Mr. Holzhauer praised the efforts of the firm's Women's Initiative Committee: "This group of partners from across the firm keeps us focused on initiatives aimed at improving the retention, advancement and promotion of women lawyers. The firm greatly benefits from this Committee's work."

08-14-2007

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Lowis & Gellen LLP

Gerald Haberkorn appointed to the Chicagoland Chamber of Commerce Board of Directors
Partner Gerald Haberkorn has been appointed to the Chicagoland Chamber of Commerce Board of Directors and will serve on the Chamber’s Middle Market Forum Advisory Subcommittee. The Chicagoland Chamber of Commerce, founded in 1904, has 2,600 members and is one of the largest not-for-profit business assistance and economic development organizations in the U.S. It isprimarily a business resource center, dedicated to helping area businesses grow and promoting the economic development of the region.

08-14-2007

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Kirkland & Ellis

Kirkland & Ellis LLP Named One of the 50 Best Law Firms for Women
Kirkland & Ellis LLP is pleased to announce that Working Mother magazine and Flex-Time Lawyers LLC has included the Firm on their inaugural list of the 50 Best Law Firms for Women. The honor recognizes and celebrates U.S. law firms who are committed to supporting the development and advancement of women in the legal profession.

In surveying firms for this list, Working Mother measured and assessed their representation of women in leadership roles, compensation and benefits, parental leave and flexibility policies and programs to help train, retain and advance women as well as their overall treatment of women in their organization (both staff and attorneys).

"Being named one of the 50 Best Law Firms for Women is great recognition of Kirkland's commitment to gender equity and our ongoing dedication to the recruitment, development and promotion of our female professionals," said Kimberly P. Taylor, a partner in Kirkland's New York office.

Kirkland's best practices, progressive policies and programs put the Firm at the forefront of law firms committed to helping women attorneys balance the way they manage their careers to achieve personal and professionalsuccess. For example, the Kirkland's Women Leadership Initiative helps female attorneys feel more connected to their peers. It also provides formal training and skill development as well informal mentoring opportunities.

Another innovative Firm program is the Kirkland Parenting Link, which was established to specifically respond to questions and issues raised by parents at Kirkland (both female and male). Parenting Link provides information concerning parenting in a concise manner while offering a secondary benefit of enhancing and building relationships among young parents at the Firm.

Kirkland's industry-leading policies provide a number of benefits which foster diversity and work-life balance, including generous maternity, paternity and adoption leave, a flexible alternative work schedule program and same-sex domestic partner healthcare coverage.

The list of the 50 Best Law Firms for Women will appear in Working Mother's August/September issue, which will also be distributed to law schools all over the country. Kirkland and the other winners will be honored at the Best Law Firms Gala Awards Luncheon on Sept. 24, 2007, at the Mandarin Oriental in New York.

08-14-2007

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King & Spalding

Litigator John Bowman Joins King & Spalding’s Arbitration Practice
King & Spalding, a leading international law firm, announced today that high-profile litigator John P. Bowman has joined the international arbitration practice as a partner in the Houston office. Bowman’s arrival marks the 33rd lateral hire, including seven new partners, at the firm in the past year. Bowman focuses almost exclusively on domestic and international disputes for energy and petrochemical companies. Few lawyers have Bowman’s depth of experience in handling significant energy disputes, particularly in the international arbitration arena.

"John is a seasoned lawyer in the area of international arbitration and is recognized as one of the premier litigators in the energy field," said Robert E. (Bobby) Meadows, managing partner of King & Spalding's Houston office. "He brings considerable depth to the firm’s renowned international arbitration practice, and we are excited about the additional benefits his experience will bring our clients."

Bowman joins King & Spalding from Fulbright & Jaworski L.L.P., where he was a partner and co-chair of its arbitration and ADR (alternative dispute resolution) practice group.

Bowman has more than 27 years' experience in the litigation and arbitration of energy disputes domestically and internationally. His practice focuses on international oil companies, state oil companies, oil and gas promoters and investors, well service companies, drilling companies, seismic companies, gas suppliers and distributors, petrochemical manufacturers and power companies. He represents energy companies in a wide range of litigation and arbitration, including disputes concerning AMIs and confidentiality agreements, production sharing agreements, joint operating agreements, seismic licensing agreements, drilling contracts, offshore platform installation contracts, operation and maintenance agreements, purchase and sale agreements and representation agreements. He also represents companies in the computer, medical devices and television industries and in international commercial arbitrations.

Bowman earned a B.A. degree from the University of Kansas and a J.D. degree from the University of Kansas Law School. He is a member of the panel of arbitrators of the AAA International Centre for Dispute Resolution, a fellow and certified tutor of The Chartered Institute of Arbitrators (London), and fellow and member of the board of directors of the College of Commercial Arbitrators.

The firm’s international arbitration practice was ranked second in the world in Focus Europe's May 2007 Arbitration Scorecard issue, based on size and number of disputes handled across the globe. King & Spalding was also included in Focus Europe’s list of “Ten Big Awards” for the firm’s representation of Azurix Corp in a dispute against the government of Argentina. The arbitration team specializes in disputes involving energy, construction, insurance, investments, and general commercial matters. It has handled arbitrations under the rules of the International Centre for Settlement of Investment Disputes, the International Chamber of Commerce, the Inter-American Commercial Arbitration Commission, the American Arbitration Association ("AAA"), the London Court of International Arbitration ("LCIA"), the United Nations Commission on International Trade Law, and the Iran-U.S. Claims Tribunal. Arbitrated disputes in which firm lawyers have been involved have ranged from $1 million to more than $1 billion.

"We are very excited to welcome John to King & Spalding and look forward to the contributions he will make to the continued expansion of our international arbitration group," said R. Doak Bishop, the co-head of King & Spalding's international arbitration practice.

Edward G. Kehoe, the other co-head of that practice, added: "Our clients increasingly are turning to arbitration for the resolution of international disputes, and John’s vast, unsurpassed experience in this discipline will add greatly to our ability to help them address the legal challenges they face around the world."

08-14-2007

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