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<b>Professional Development Universe: </b>Business Decision: An Investment in Professional Development
October 03, 2005
With this issue, we began a monthly column intended to promote new thinking about professional development in law firms.
Staying Competitive in the Lateral Partner Market
October 03, 2005
Part One, last month, discussed how firms can stay competitive through lateral partner recruiting. This month, the article continues with more advice, and stresses the importance of telling a candidate why he or she should join your firm.
Net News
October 03, 2005
Court Rules Against KaZaA <br>Internet Oversight Board OKs New Domains
Justice Department Conducts International Internet Piracy Sweep
October 03, 2005
The U.S. Department of Justice, led by Attorney General Alberto R. Gonzales, recently announced a far-reaching and aggressive international enforcement action against criminal organizations involved in the illegal online distribution of copyrighted material.
For Whom The Bell Tolls: Corporate Data Security Breaches Affect All
October 03, 2005
Names, addresses, Social Security Numbers, and various types of financial information are among the most common casualties in a growing number of data security breaches at leading organizations across the country. It seems that every week, a new corporate data security breach involving the loss or disclosure of personal information is reported in the media. This is a phenomenon that does not discriminate: It touches all businesses, whether retailers, information brokers, financial institutions, universities, or healthcare companies. And thanks to a relatively recent California privacy law requiring that affected individuals be notified of the breach, the press eventually tolls the bell for all to hear. <br>With each revelation, calls have increased for government investigations and new state and federal legislation.
Web Sites Offer Useful Resources for Media Lawyers
October 03, 2005
Journalists in jail. Record-setting libel verdicts. Secret government documents. Closed-door meetings. The lawyers who represent the news media have had their hands full. But one item of good news for media lawyers is that several Web sites offer useful resources and support.
Cases of Note
October 03, 2005
Recent rulings of interest in Internet law. This month:<br>'Click Fraud' Suit Against Google Sent Back to State Court <br>Reverend Falwell Loses Infringement Web Site Claim <br>Mixed Ruling in Illinois-Based Spyware Class Action
Decision of Note: <b>Deal Memo May Tie Artist To Manager</b>
October 03, 2005
The Tennessee Court of Appeals, at Nashville, ruled that a manager may proceed with a suit to enforce a deal memo between the manager and an artist.
Counsel Concerns
October 03, 2005
A Manhattan Supreme Court decided that a law firm that unsuccessfully defended singer Michael Bolton, his music publisher and record company in a copyright infringement suit may proceed with a contribution claim against Bolton's personal law firm arising from a malpractice suit by Bolton against the litigators.
International Film Production Incentives
October 03, 2005
Given the ever-increasing expense of filmmaking in the United States, and particularly in California, many filmmakers have looked for alternatives to the traditional Hollywood-based production. While this trend originally was for smaller-budget and independent films, more and more producers and large studios have sought alternate locations in which to film. While certain U.S. states like Hawaii, New Mexico and New York provide tax incentives and other ancillary location benefits, these states haven't generally been as successful in luring so called "runaway production" as have countries with incentives that may be available.

MOST POPULAR STORIES

  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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