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June 19, 2017 | New York Law Journal

NYPD Use of Noncommittal 'Glomar' Answer Questioned as Transparency Dodge

Some in the legal community can neither confirm nor deny that the New York City Police Department's policy of using the so-called Glomar doctrine as an exemption to open records requests is a good thing. But all can agree that the CIA-coined nonanswer to requests for information that was typically used in situations involving matters of national security has seen wider use in recent years.
18 minute read
June 19, 2017 | The American Lawyer

Gibson Dunn Builds Up Its Presence in Europe, Finding Opportunity Amid Uncertainty

The firm, which has five offices in Europe, has continued to steadily build up its presence there.
43 minute read
June 16, 2017 | The American Lawyer

Weil Launches App to Connect Clients, Firm Alumni

Lawyers who leave Weil often "do great things," explained Kito Huggins, the firm's director of executive administration, who helped create the app. And, he added: "Many of them are our clients." 

3 minute read
June 15, 2017 |

Duane Morris Nabs Sidley Austin Singapore Partner

Corporate lawyer Gerard Hekker specializes in Indonesia-related transactions.
2 minute read
June 14, 2017 | The American Lawyer

Kirkland Brings Back One Ex-Litigator, But Loses Two to Latham

After 41 years at Kirkland & Ellis, James Schink left the firm's Chicago headquarters in December for Quinn Emanuel Urquhart & Sullivan. Just six months later, however, Schink has quietly returned to his longtime home, which this week saw two other litigators decamp for Latham & Watkins in New York.
3 minute read
June 14, 2017 | National Law Journal

Sessions' Balk Before Senate Panel Spotlights Hazy Law on Executive Privilege

Does a U.S. attorney general have to tell senators about his private conversations with the president when asked? Some lawyers say that's not a straightforward yes-or-no question.
5 minute read
June 13, 2017 | Delaware Business Court Insider

Executive Board Chairman Resigns Amid Cypress Proxy Fight

The executive chairman of the Cypress Semiconductor Corp. board has resigned amid allegations linking him to one of the company's top competitors, a move that sets up the possibility of total victory for the firm's founder and former chief executive in a heated proxy fight that has spilled into the Delaware Court of Chancery.
4 minute read
June 12, 2017 | The American Lawyer

Play Time's Over—Three Firms Take Roles on Gymboree Bankruptcy

Kirkland & Ellis added another key bankruptcy case to its restructuring portfolio this week as San Francisco-based children's clothing retailer The Gymboree Corp. filed for Chapter 11 protection Sunday in Richmond, Virginia. Gymboree, the latest retailer to go bust this year, has also retained Munger, Tolles & Olson and Kutak Rock.
3 minute read
June 12, 2017 | Delaware Business Court Insider

TransPerfect Says Ex-Employees Lack Standing to Sue Over Data Breach

Employees of TransPerfect Global who said they faced "increased risk" of identity theft after their personal information was stolen in a January 2017 data breach lack standing to sue because they had not suffered an actual or impending injury, attorneys for the company said last week in filings in New York federal court.
4 minute read
June 12, 2017 | New York Law Journal

A Golden Share and the Conflict Between Freedom of Contract and Federal Policy

Jay M. Goffman and Christine A. Okike of Skadden, Arps, Slate, Meagher & Flom write: A "golden share" gives a lender a say in any subsequent decision by a borrower to seek bankruptcy protection. Lenders have long considered the "golden share" to be an effective mechanism for safeguarding their investments. Recent rulings, however, have cast doubt on the effectiveness of the "golden share" structure.
7 minute read

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