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8 Dec 2008, 8:01 am
  Milton Friedman was seen as offering a persuasive explanation. [read post]
8 Dec 2008, 4:33 am
From the Guardian: “Lehman Brothers has won permission to release, and sell, $8m (£5.4m) worth of art that once adorned office walls at the bankrupt investment bank. [read post]
8 Dec 2008, 2:12 am
AMEC (here) is the Association of Media and Entertainment Counsel, which was created to advance the professional development and to recognize the achievements of in-house legal counsel within the media and entertainment industry. [read post]
7 Dec 2008, 4:22 am
The Chicago Tribune reports: “A day after hauling in seven Grammy nominations, the members of Coldplay should’ve been celebrating. [read post]
5 Dec 2008, 1:25 pm
Donald Trump has always been good for coming up with “creative” rationalizations for his failures and his apparent successes. [read post]
5 Dec 2008, 10:45 am
The offer, which is expected to be approved in Manhattan federal bankruptcy court at a sale hearing December 22, beat out a binding agreement inked September 29 to sell Neuberger to private equity firms Bain Capital and Hellman & Friedman for $2.15 billion. [read post]
4 Dec 2008, 8:37 pm
The deal tops a $2.1 billion bid by Bain Capital and Hellman & Friedman that was announced in September and was used to start the auction process. [read post]
4 Dec 2008, 6:16 pm
Bally used both Latham & Watkins and Kasowitz Benson Torres & Friedman during bankruptcy proceedings last year, when they were saddled with more than $800 million in debt and had just $45 million cash on hand, according to this Associated Press recap. [read post]
4 Dec 2008, 1:48 pm
One of the odder and more influential innovations in law was the 19th Century “recognition” of corporations as “persons,” a notion that has begun to have a profound impact on our law in the last 30 years. [read post]
3 Dec 2008, 6:44 pm
The private equity firms Bain Capital Partners and Hellman & Friedman are facing competition after all in their bid for Lehman Brothers’ investment management business. [read post]
3 Dec 2008, 2:03 pm
Frank Pasquale writes that the painter Thomas Kinkade may be positioning himself to be able to assert copyright or trademark claims over people who allegedly appropriate his style. [read post]
2 Dec 2008, 10:47 pm
Morgan & Finnegan's only lateral hire this year, Jeremy Pitcock of Kasowitz, Benson, Torres & Friedman, lost his job at the boutique a few weeks later after the lawyer's former firm said it fired him for inappropriate conduct. [read post]
2 Dec 2008, 2:37 pm
I wrote yesterday that some fear Google’s decision to settle the lawsuit over the Google library project heralds a new era, one in which Google will not be the rich uncle fighting the fights over copyright that others, who cannot afford being engaged in protracted lawsuits, will be unable to fight. [read post]
2 Dec 2008, 2:08 pm
These work relief programs have been praised by most economists in retrospect.[7]Milton Friedman who after taking a graduate degree in economics was employed by the WPA to analyze family budgets and studied the hardships of families said that, at the time, he and his wife "regarded [these job-creation progams] appropriate responses to the critical situation" but not "the price- and wage-fixing measures of the National Recovery Administration and the Agricultural Adjustment… [read post]
1 Dec 2008, 7:44 pm
Greenberg Glusker litigators Harvey Friedman and Rachel Wilkes authored an article entitled, "Drafting Enforceable Settlement Agreements," which was published in the December 2008 issue of California Lawyer. [read post]
1 Dec 2008, 4:05 am
Google has been a very interesting company to anyone concerned with copyright law. [read post]
30 Nov 2008, 5:05 pm
Thanks to the Cleveland Plain Dealer for this and for this, from Thomas Suddes: It’s hard to imagine anything more disgusting than the blowhards who claim that consigning Chrysler, Ford and General Motors to Bankruptcy Court would be a good thing. [read post]