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Paul Hastings Advises the sale of FCI in Korea
Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, represented FCI Inc., (FCI) a leading designer of radio frequency integrated circuits (RF ICs) for mobile television and wireless communications based in Korea, in its sale to Silicon Motion Technology Corporation, a Nasdaq-listed semiconductor company.

Jong Han Kim, a partner who led the Paul Hastings' team, commented, "The sale of FCI is one of very few completed cross-border part cash, part stock deals, using shares as consideration, in Korea. We are proud to have been involved in this unique, innovative transaction."

Under the terms of the transaction, Silicon Motion will acquire substantially all of the outstanding common shares of FCI for a total purchase price of US$90 million, which will include a combination of cash, Silicon Motion ordinary shares and options to purchase Silicon Motion's ordinary shares, subject to an adjustment in certain circumstances. In addition, Silicon Motion has agreed to pay former FCI shareholders up to an additional US$12 million in cash upon the achievement of certain operating and financial milestones in 2007.

The Paul Hastings team was led by Jong Han Kim and Daniel Kim who were assisted by Dongho Lee, Joseph Suh and Jane Song from the Hong Kong and San Diego offices.

05-02-2007

Fulbright Attorney Receives Martindale-Hubbell® Peer Review RatingSM
"Fulbright’s Rebecca J. Cole, Houston litigation senior counsel was one of 101 attorneys nationwide selected to receive the Martindale-Hubbell® Peer Review Rating.SM

Cole, a senior counsel and member of the firm's litigation practice, focuses her practice on energy and environmental matters.

The LexisNexis Martindale-Hubbell Peer Review Ratings are designed to help clients select the right attorney for a specific task. They are geared toward in-house counsel and other sophisticated purchasers of legal services. The ratings have become one of the accepted standards for identifying lawyers with the highest ethical standards and professional ability."

05-02-2007

Fulbright Foreign Legal Advisor Elected Chair of HBA’s International Law Section Council
"Fulbright foreign legal advisor Cecilia Ibarra was recently elected Chairperson of the Houston Bar Association’s International Law Section. She is currently a member of the Council through 2008. Previously, she served as Vice Chair of the Section for 2006-2007 and as Secretary/Treasurer for 2005-2006.

Ms. Ibarra has been with Fulbright’s Houston office since May 2001. Licensed in Mexico, she has 13 years of experience in the areas of arbitration and international business transactions. Ms. Ibarra served as in-house corporate counsel with one of the leading paper products companies in Mexico, and previously, she worked as an associate for over 5 years with one of the largest Mexican law firms. Ms. Ibarra has also been a law professor at the ITESM University in Monterrey, Mexico, and is 2005 graduate of the Foreign Scholars LLM program at the University of Houston.

Currently, Ms. Ibarra serves as a foreign legal advisor with Fulbright, providing assistance to Fulbright's attorneys in connection with their representation of clients in arbitration and international business transactions."

05-02-2007

Davis Wright Tremaine’s Ron Cai Honored by Lewis & Clark Law School
Davis Wright Tremaine LLP partner Ron Cai has received the “Distinguished Business Law Graduate” honor from Lewis & Clark Law School. The business law faculty presented Cai with the award yesterday at their 12th annual Spring luncheon.

Cai, who graduated with honors from the Lewis & Clark Law School in 1990, is the partner-in-charge of the firm’s Shanghai, China office and has been practicing international law with a focus on foreign investment in China with DWT for the past seven years. Cai has extensive experience representing global clients in transactional and litigation matters in the areas of corporate and business law. He is also a prolific author and frequent speaker on Chinese and American business matters, ranging from international intellectual property issues to contract negotiations, and transnational mergers and acquisitions.

A member of the Oregon, Washington and District of Columbia Bars, Cai has served in executive board positions with the Washington State China Chamber of Commerce and the Northwest Chinese Hi-Tech Professionals Association.

In addition to his JD degree from Lewis & Clark Law School, Cai also received an LL.M. from Columbia Law School and an LL.B. with honors from Xiamen University School of Law in China. He is fluent in English, Mandarin and Taiwanese.

Previous “Distinguished Business Law Graduate” recipients include Oregon State Senator Betsy Johnson (D-Scappoose) and Chief Executive Officer of Edge Wireless LLC Wayne Perry.

05-02-2007

Former Ways and Means Committee Chairman Bill Thomas Joins Buchanan
Buchanan Ingersoll & Rooney PC announced today that former U.S. Congressman Bill Thomas (R-CA) will serve the firm's Federal Government Relations Section as a senior advisor. Thomas' track record as a congressman includes 24 years on the Ways and Means Committee — the oldest and most powerful committee in Congress — where he served first as chair of the Health Subcommittee and then as chair of the full committee for the last six years. He retired from Congress at the end of last term.

In addition to Thomas, Alex M. Brill will serve as an economic policy advisor to the firm. Brill worked with Thomas for five years at the Ways and Means Committee and was the senior advisor to the chairman & chief economist for the Committee. As senior advisor, he was Thomas' top policy and political advisor and oversaw the legislative work for a 40-person staff. In 2006, he also served as the top Ways and Means staff negotiator for the Pension Protection Act, Tax Relief and Health Care Act and Tax Increase Prevention and Reconciliation Act.

Ron Platt, head of the firm's Federal Government Relations Section, called continuing to have a strong bi-partisan practice at the firm an ongoing goal at Buchanan.

"It's critical to be a bi-partisan shop in order to successfully serve clients. Bringing on Bill and Alex, and their experience from years of getting things done in Congress, will be a tremendous advantage to our clients as well as our own government relations team," he said.

At Buchanan, Thomas and Brill will provide strategic direction, advocate policy reform and offer legislative solutions to clients.

"One of the things we want to do is anticipate what may occur down the road that could affect our clients," explained Thomas. "If we know where our clients are trying to go and what they are hoping to accomplish, we can offer legislative or policy solutions to help them get there."

Thomas was behind virtually every major piece of health care legislation of the past decade, and his reputation and accomplishments in the area of tax and trade policy is equally impressive. Legislation under his leadership as chair of the Committee on Ways and Means provided:

* $2 trillion in tax relief to the U.S. public through major tax relief packages. Thomas also led efforts to reduce tax burden on small businesses, manufacturers and other job creators. Major bills enacted include the Jobs & Growth Tax Relief Reconciliation Act of 2003, and the Economic Growth & Tax Relief Reconciliation Act of 2001.

* The President of the United States with negotiating power to open new markets to U.S. exports and create more American jobs. Major bills enacted include the Trade Act of 2002, seven free trade agreements and the African Growth and Opportunity Acceleration Act.

* Sweeping reform and expansion of retirement opportunities. Thomas chaired the conference committee for the Medicare Modernization Act in 2003, which created the Medicare prescription drug benefit and made critical reforms to help ensure that Medicare is available in the future. He was involved with the creation of Health Savings Accounts (HSAs), and, most recently, the enactment of the Pension Protection Act of 2006.

Buchanan's Federal Government Relations Section was recently ranked 16th (based on revenue) among law firms in the 2007 Influence/Legal Times' survey of law and lobbying firms.

About Bill Thomas

A member of the U.S. House of Representatives for the past 28 years, Bill Thomas has spent his career strengthening health care legislation, reducing tax burdens, advocating free and open trade and protecting workers' pensions. As former chairman of the House Ways and Means Committee, Thomas was responsible for major Medicare legislation, $2 trillion in tax relief and the recently approved Pension Protection Act.

With regard to health care, Thomas chaired the conference committee for the Medicare Modernization Act in 2003, which created the Medicare prescription drug benefit and made critical reforms to help ensure that Medicare is available in the future.

In 2005, Thomas led the effort to further reform Medicare by ensuring the program pays appropriately for a number of health care services, including home health services, hospital care, durable medical equipment, imaging services and Medicare Advantage plans. He also led the drive to help Americans with their health care costs through Health Savings Accounts (HSAs), which were enacted in 2003 and expanded in 2006.

During his six years as chairman, Thomas helped the President of the United States attain trade promotion authority and guided seven free trade agreements through Congress. He also created an energy tax package aimed at strengthening America's existing energy infrastructure while promoting alternative energy sources.

Thomas is also a visiting fellow at the American Enterprise Institute (AEI).

About Alex Brill

As economic policy advisor in Buchanan Ingersoll & Rooney's Federal Government Relations Section, Brill provides clients with economic and legislative insight into matters pertaining to tax, trade, budget, health policy, retirement policy, insurance markets, labor market changes, financial markets and policies affecting capital investment.

Brill joins Buchanan after having served as senior advisor to former Chairman of the House Ways and Means Committee Bill Thomas until January 2007. In this role, he served as Congressman Thomas' top policy and political advisor. Brill also served as chief economist for the Committee. He managed micro and macro economic analyses of major legislative proposals, oversaw the chairman's efforts to reform the revenue estimating process, and monitored labor markets, trade flows, business investment, small business growth and energy markets.

In 2006, Brill served as top committee staff negotiator for the Tax Relief and Health Care Act, Pension Protection Act and Tax Increase Prevention and Reconciliation Act. The pension bill is the most significant rewrite of pension legislation in over 30 years and the $70 billion Reconciliation Act extended the capital gains and dividend rate cut through 2010 along with ensuring 15 million taxpayers would avoid being pushed onto the alternative minimum tax (AMT).

Prior to this role, Brill served as a staff economist at the White House Council of Economic Advisers (CEA), where he was on a team that provided advice and analyses to the president regarding national and international economic policies and appraisals of the economy. He also briefed CEA members and participated in various interagency working groups to develop Administration policy proposals, and contributed to the 2002 Economic Report of the President.

Brill is also a research fellow at the public policy think tank, American Enterprise Institute. At AEI, he worked on tax and budget policy and general economic issues, including research on policy options for the tax code post-2010 and select issues in reducing the uncertainty in forecasting long-term projected health care cost.

05-02-2007

Carrey Honored with Humanitarian Award
Los Angeles Of Counsel Neil Carrey will be honored by the Small Business Council of America (SBCA) at its Twenty-Fourth Congressional Awards Reception to be held at the U.S. Capitol in Washington, D.C., on May 9. The SBCA represents the interests of private and family owned businesses in federal income and estate tax, health care, pension and other benefit concerns.

Carrey, who is on the Board of Directors of the SBCA, will receive the organization's Special Humanitarian Award. The Executive Committee of the SBCA selected Carrey in recognition of his extensive charitable and civic activities, including establishing and sponsoring an SBCA "Small Business Humanitarian of the Year" award which recognizes a small/closely held business owner for his/her efforts in the community, and not just their business accomplishments.

05-02-2007

Richard Kronthal Joins Andrews Kurth in New York
Andrews Kurth is pleased to announce that Richard H. Kronthal has joined the firm's New York office as a Partner and will practice in the Corporate/Securities group.

Kronthal's practice includes representation of domestic and international financial institutions in a broad array of capital market transactions, with a particular emphasis on transactions in the energy sector. He also counsels companies focused on various emerging technology industries, including wireless communication and nanotechnologies.

"We are very glad to welcome Richard to our firm," says Howard T. Ayers, Andrews Kurth Managing Partner. "His experience and expertise in the capital markets arena are a perfect match for our firm's national Corporate/Securities practice."

In his corporate practice, Kronthal represents both buyers and sellers in mergers and acquisitions, and advises senior executives and directors of public companies concerning leveraged buyout, corporate governance and other matters. Additionally, he has counseled developing countries in connection with infrastructure projects, and private equity funds in connection with carbon-trading mechanisms under the Kyoto Protocols.

"I'm very pleased to be joining Andrews Kurth," says Kronthal. "I look forward to adding strength to an already-nationally recognized corporate group with a market-leading presence in the energy sector."

Prior to joining Andrews Kurth, Kronthal was a partner in the New York office of Kaye Scholer LLP. He earned his J.D., cum laude, in 1981 from The University of Michigan Law School. He earned a B.A., magna cum laude, from The Wharton School at the University of Pennsylvania in 1978.

05-02-2007

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