Law Firm News

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Law Firm News

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Hancock, Rothert & Bunshoft, L.L.P.

Duane Morris' Chicago Office Signals Growth with New Office Lease
International law firm Duane Morris LLP is pleased to announce that it has signed a 15-year lease for new space in Chicago. The firm office will occupy more than 45,000 square feet on the full 36th and 37th floors of 190 LaSalle Street, located in the heart of the city's business district. The lease will allow the firm to move the office in April 2008.

The firm is leaving its current space in Chicago's AT&T Center at 227 West Monroe Street after eight years and is moving to the larger space in anticipation of continued growth. The Chicago office currently has 43 attorneys, including five new partners added in the last year. The new space will accommodate 72 attorneys in total. Also, the Chicago office has options for additional space for greater expansion to meet its growth objectives.

The new space, in a 40-story tower designed by prominent architects Philip Johnson and John Burgee, features post-modern architecture and is located within a short distance of several Chicago business landmarks, including the Chicago Board of Trade and the Federal Reserve Bank. The firm will join notable tenants Goldman Sachs, Smith Barney, Bain & Company and Lazard Freres & Co.

"This new lease marks a significant milestone for Duane Morris in Chicago," David Yelin, managing partner of the Chicago office and a leader of the firm's Real Estate Practice Group said. "We are very excited to be moving to such a well-positioned building, which will allow us to continue to pursue our growth strategy in Chicago, improve office space efficiency and better serve our clients."

The Chicago office opened in 1999 and provides legal services in such practice areas as corporate, trial, securities and M&A, real estate, business reorganization, employment and labor as well as banking and financial services. Its insurance, construction litigation and healthcare law practices have also expanded during the past year.

07-25-2007

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Eckert Seamans Cherin & Mellott, LLC

Eckert Seamans Attorney Appointed Board Member of ACG Boston
Eckert Seamans Cherin & Mellott, LLC (www.eckertseamans.com), a national law firm with nine offices throughout the eastern United States, provides a full range of legal services nationwide to businesses of all sizes, institutions, municipalities, colleges and universities, government agencies and individuals. Its practice areas encompass litigation, including mass tort and products liability litigation, corporate and business law, intellectual property law, labor and employment relations, aviation & aerospace law, bankruptcy and creditors’ rights, employee benefits, environmental law, construction law, municipal finance, real estate, and tax and estate law. Eckert Seamans has offices in Pittsburgh, Harrisburg, Philadelphia, and Southpointe, Pennsylvania; Wilmington, Delaware; Morgantown, West Virginia; Boston, Massachusetts, Washington, D.C. and White Plains, New York.

07-25-2007

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Davis Polk & Wardwell

Monotype Imaging Initial Public Offering
Davis Polk & Wardwell advised Banc of America Securities LLC as book-running manager and Jefferies & Company, William Blair & Company, Needham & Company, LLC and Canaccord Adams as co-managers of the $132 million initial public offering of 11,000,000 shares of common stock of Monotype Imaging Holdings, Inc.

Monotype, based in Boston, Massachusetts, is a leading provider of text imaging solutions that enable the display and printing of high quality digital text by consumer electronic devices, such as laser printers, digital copiers and mobile phones. Monotype's library of fonts has over 9,000 typefaces, including Times New Roman, Helvetica and ITC Avant Garde.

The Davis Polk corporate team included partner Martin A. Wellington, associates Zachary Patton, Peter M. Lamb and Robert J. Maynes and legal assistant Karla K. Rogers, all of the Menlo Park office. Partner Steven S. Weiner of the Menlo Park office and associate Stefan Quick (not yet admitted) of the New York office provided intellectual property advice. Partner Rachel D. Kleinberg of the Menlo Park office provided tax advice. Counsel Cynthia Akard of the Menlo Park office provided employee benefits advice and associate Rachel J. Strum of the New York office provided '40 Act advice. The NASD team included counsel Marcie A. Goldstein and legal assistant Peggy Ann Petercsak of the New York office.

07-25-2007

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Weil, Gotshal & Manges, LLP

Weil Gotshal Obtains Major Victory against AT&T and AT&T Wireless
Weil Gotshal successfully represented a group of former directors and officers of MediaOne Group, a company that was previously acquired by AT&T, against AT&T and AT&T Wireless in a suit stemming from a decision by AT&T Wireless to cancel millions of stock options granted over the years to its employees and the employees of companies acquired by AT&T. Plaintiffs claimed that the decision by AT&T Wireless, which came after it agreed to merge with Cingular in 2004, deprived them of the full economic value of stock options which had been awarded to them as a significant component of their compensation.

Following a week-long bench trial, the Court issued a 57-page decision in the plaintiffs’ favor, awarding plaintiffs the value of their options, $11.3 million, plus prejudgment interest. The decision contains the most comprehensive discussions of stock option valuation of any published opinion and it will be a significant precedent for M&A practitioners who advise clients on the treatment of their employee stock options in merger transactions.

The Weil Gotshal team working on this matter consisted of partner Miranda Schiller and associates Joshua S. Amsel and Stefania Venezia.

07-25-2007

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Fulbright & Jaworski L.L.P.

Fulbright Associate Elected to Austin Young Lawyers Association’s Board
Fulbright senior associate Adam Schramek has been named to the newly elected board of directors of the Austin Young Lawyers Association.

AustinSchramek’s wide range of litigation experience includes nationwide class actions, trademark and copyright infringement lawsuits, oil and gas matters, director and officer liability suits, insurance coverage disputes and breach of contract cases.

Schramek is also experienced in e-discovery matters for cases of all sizes and is familiar with all aspects of e-discovery, including data gathering, processing and production.

07-25-2007

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Dorsey & Whitney, L.L.P.

Nelson Dong on Credit Scoring and China's Expanding Consumer Culture
Dorsey partner and chair of the firm's Asia practice Nelson Dong commented in the Minneapolis/St. Paul Business Journal on the increasing relevance of objective credit scoring in China's expanding consumer economy. With GDP growth rates above 10 percent a year, Chinese banks have started to implement Western banking practices with regard to consumer credit.

"Clearly, objective credit scoring would help a lot," Dong said. "Particularly as China becomes more of a consumer culture and people start purchasing more homes and automobiles, the two largest ticket items that people borrow money for ... it becomes far more important to know whether a borrower can repay a loan.:"

07-25-2007

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Cozen O' Connor

Anna L. Raines Joins Cozen O’Connor’s Dallas Office As Associate
Anna L. Raines recently joined Cozen O’Connor’s Dallas office as an associate in the subrogation and recovery department. Prior to joining the firm, Raines was an associate with Cowles & Thompson, P.C. in Dallas. Raines has experience in commercial, professional liability, copyright infringement, negligence, tort, premises liability and products liability matters. She has tried several cases to verdict with favorable results for her clients in both state and federal courts.

Admitted to practice in Texas and before the U.S. District Courts for the Northern, Southern, Eastern and Western Districts of Texas, Raines is a member of the State Bar of Texas, the Dallas Bar Association and the Dallas Association of Young Lawyers (“DAYL”), where she serves on the Judiciary Committee and was a member of the 2005 DAYL Leadership Class. She is also active in the community, serving as a committee member and volunteer in a number of civic and charitable organizations, including the Dallas Museum of Art, and she has volunteered her legal services as part of the Dallas Volunteer Attorney Program.

Raines is a graduate of Southern Methodist University (B.A., Art History, 2000; J.D., 2003), where she was co-executive director of the Jackson Walker Moot Court Board.

07-25-2007

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