Law

Business of Law

Peter Prieto

Podhurst Orseck Partner On GM MDL Committee

By John Pacenti |

Miami attorney Peter Prieto has been chosen to join the executive steering committee for multidistrict litigation over General Motors ignition switch problems.

Jeffrey Tenen and Israel Sanchez

Attorneys Return to Greenberg Traurig and Launch Aircraft Practice

By Julie Kay |

After a brief departure to another firm, Miami shareholders Jeffrey Tenen and Israel Sanchez have returned to Greenberg Traurig to launch a global aircraft and equipment finance and leasing practice.

Luis M. O'Naghten

This Top Arbitration Attorney Leaves Akerman For Baker & McKenzie

By Julie Kay |

Miami international arbitration powerhouse Luis O'Naghten has defected from Akerman to Baker & McKenzie.

Espirito Santo Bonds Fall As Biggest Shareholder Files For Protection

By Joao Lima and John Glover |

Portugal's central bank wants to avoid tapping into a bailout fund.

Banking Ikea-Style Puts Billionaire's Model To Test

By Katarina Gustafsson |

Ikea billionaire Ingvar Kamprad peddles his frugal retail acumen at his Ikano Bank.

While Economy May Be Sluggish, It's Sturdier

As the economy has slowly healed, analysts say it has replaced some critical weaknesses with newfound strengths.

04/2012-- GrayRobinson in Miami.

GrayRobinson Jumps On Marijuana Bandwagon With New Practice Group

By Julie Kay |

GrayRobinson is the latest law firm to jump into the medical marijuana business, launching a statewide regulated products practice group.

Carlos Loumiet

Carlos Loumiet Moves To Broad And Cassel

By Julie Kay |

Carlos Loumiet, formerly a partner at DLA Piper, Hunton & Williams and Greenberg Traurig, has joined Broad and Cassel as a Miami partner.

Chet Kanojia, founder and CEO of Aereo

Aereo Presses Case Despite U.S. Supreme Court Setback

By Anick Jesdanun |

Aereo, the television-over-the-Internet service that suspended operations after the Supreme Court ruled against it, is refusing to disband for good.

Wells Fargo Net Rises; EPS Fails to Extend 17-Quarter Streak

By Dakin Campbell |

Wells Fargo, the world's most valuable bank, said profit increased 3.8 percent on lower credit costs even as the lender's per-share earnings failed to top the preceding quarter's for the first time since 2009.

Federal Reserve

Failures In $1.6 Trillion Repo Market Causes Bond Anxiety

By Liz Capo McCormick |

The Federal Reserve's bond purchases combined with demand from banks to meet tightened regulatory requirements is making it harder for traders in the market for repurchase agreements.

Bill Gross Invites Challenges By Pimco Dissidents

By Mary Childs |

Bill Gross was criticized for his strong personality after the heir apparent to Pacific Investment Management Co. resigned in January.

Chinese Literally Working Themselves To Death

By Shai Oster |

China is facing an epidemic of overwork, with about 600,000 Chinese a year dying from working too hard, according to the China Youth Daily.

Banks See $50B More in Legal Costs

Europe’s banks face a further $50 billion of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley.

Michael Grindstaff

Shutts & Bowen Selects New Managing Partner

By Julie Kay |

Orlando partner Michael Grindstaff has been named managing partner of Miami-based Shutts & Bowen, replacing Joe Bolton.

Six Years And Out: Holland & Knight Shuts Down In Abu Dhabi

By Julie Kay |

Six years after its opening, Holland & Knight will close its only Middle East office in Abu Dhabi.

Lester Langer

Ex-Judge Langer Lands At Salmon & Dulberg

By Julie Kay |

Former Miami-Dade Circuit Judge Lester Langer is the latest in a string of judges and lawyers to join mediation firm Salmon & Dulberg.

Holland & Knight Opens Anchorage Office

By Julie Kay |

Holland & Knight has opened its 19th U.S. office, the latest being in Anchorage, Alaska, with eight defectors from Patton Boggs.

Andrew M. Smulian

Akerman's Andrew Smulian Discusses Firm's Pro Bono Guardians Ad Litem Commitment

By Adolfo Pesquera |

Akerman chairman and CEO Andrew Smulian discusses the firm's pro bono commitment to serve as guardians ad litem for children.

Beth Alcalde

Beth Alcalde Named Managing Partner Of Akerman's Palm Beach Offices

By Julie Kay |

Akerman tax partner Beth Alcalde has been named managing partner of the firm's Boca Raton, Palm Beach and West Palm Beach offices.