MIDDLING MERGER MOVEMENT – Merger exercise within the authorized {industry} picked up in 2022 following a interval of pandemic-era hesitancy, based on a brand new report launched Tuesday. Nonetheless, as Law.com’s Justin Henry reports, whereas the amount of mergers has continued to extend during the last three years, the 2022 determine nonetheless trails the typical of 55 mergers per 12 months during the last decade, the report discovered. A complete of 46 legislation agency combos have been tracked as having been accomplished in 2022, up from 41 in 2021 and 40 in 2020, based on the report from Fairfax Associates. Mergers have been most concentrated within the midsize and small legislation agency sector whereas cross-border merger actions have been extra restricted than in earlier years. Regardless of the downturn in general mergers, {industry} observers notice that in breaking down the variety of combos by geography, the 44 home mergers present a gradual improve within the route of historic averages. This determine was considerably larger than the 32 tracked in 2021.
FLIGHT FIGHT – Proper on schedule: Southwest Airways is dealing with the primary of what seemingly will turn into a deluge of sophistication motion lawsuits stemming from operational issues that pressured it to cancel greater than 15,000 flights late final month, Law.com’s Chris O’Malley reports. After winter storms grounded many Southwest planes in locations similar to Chicago and Denver, the airline’s outdated scheduling software program struggled to match crews with planes, leaving hundreds of passengers touring round Christmas with out a aircraft to board. The primary case was filed by Eric Capdeville, of Marrero, Louisiana, who in October purchased tickets for himself and daughter to journey to Portland, Oregon, on Dec. 27. After canceling the flight, Southwest supplied him a credit score on a future flight. Within the lawsuit, filed Dec. 30 in U.S. District Court docket in New Orleans, Capdeville alleges the airline’s contract of carriage doesn’t permit for credit however reasonably a seat on the subsequent out there flight or a full refund. Representing Capdeville is the legislation agency of Jim S. Corridor & Associates of Metairie, Louisiana.
ON THE RADAR – Greenberg Traurig filed a trade secret lawsuit Tuesday in Massachusetts District Court docket on behalf of NovaSparks Inc. and its mother or father firm NovaSpark SAS, that are builders of area programmable gate array market information options. The swimsuit targets competitor Exegy Inc. for misappropriating confidential data in violation of its confidentiality settlement and for usurping NovaSparks’ enterprise alternatives with third events. Counsel haven’t but appeared for the defendant. The case is 1:23-cv-10006, NovaSparks, Inc. et al v. Exegy, Inc. Stay up on the most recent offers and litigation with the brand new Law.com Radar.
EDITOR’S PICKS
|
You Would possibly Like
5 minute learn 
5 minute learn 
5 minute learn 
5 minute learn
Trending Tales
Extra From ALMPremium Subscription With this subscription you’ll obtain limitless entry to top quality, on-line, on-demand premium content material from well-respected school within the authorized {industry}. That is good for attorneys licensed in a number of jurisdictions or for attorneys which have fulfilled their CLE requirement however must entry resourceful data for his or her follow areas. Team Accounts Our Staff Account subscription service is for authorized groups of 4 or extra attorneys. Every legal professional is granted limitless entry to top quality, on-demand premium content material from well-respected school within the authorized {industry} together with administrative entry to simply handle CLE for all the crew. Bundle Subscriptions Achieve entry to a few of the most educated and skilled attorneys with our 2 bundle choices! Our Compliance bundles are curated by CLE Counselors and embrace present authorized matters and challenges throughout the {industry}. Our second possibility means that you can construct your bundle and strategically choose the content material that pertains to your wants. Each choices are priced the identical. From Data to DecisionsDynamically discover and evaluate information on legislation corporations, corporations, particular person attorneys, and {industry} traits. Exclusive Depth and Reach.Regulation.com Compass consists of entry to our unique {industry} stories, combining the unrivaled experience of our analyst crew with ALM’s deep bench of proprietary data to supply insights that may’t be discovered anyplace else. Big Pictures and Fine DetailsRegulation.com Compass delivers you the total scope of knowledge, from the rankings of the Am Regulation 200 and NLJ 500 to intricate particulars and comparisons of corporations’ financials, staffing, purchasers, information and occasions. Litigation Associate
A well-respected regional legislation agency that has represented companies in Tampa Bay for many years is looking for a industrial litigation affiliate to … Tax and T&E Attorney
The Tampa workplace of a highly-regarded regional legislation agency is looking for so as to add depth to their sturdy transactional crew by including skilled tax… POND LEHOCKY STERN GIORDANO In Reminiscence Of Kevin E. Harchar 1981 – 2022: With heavy hearts, the attorneys and workers of Pond Lehocky Giordano announce the sudden and tragic passing of our beloved accomplice, colleague, and pal, Kevin E. Harchar,on December 23, 2022.
|
