Kirkland Bankruptcy Bigwig has retired, but still the Big Assignments Abound

In recent years, the Kirkland & Ellis have been home to many high profile attorneys for the professional hire and have been in the business for over a decade. A partner has got into a key position to retire themselves this month from the firm’s vaunted group bankruptcy. The shocking thing is that the restructuring of this company hasn’t slowed down in any manner and has been growing very well. A Kirkland spokesperson has confirmed the retirement of Richard “Rick” Cieri, a partner of the company, has retired from the Kirkland & Ellis. During his 35 year career, “Rick” Cieri has guided many companies with the help of the chapter 11 bankruptcy proceedings and with his gain legal knowledge to help them through. Some of the international companies which were lucky to get his guidance were Trans World Airlines, Federated Department Stores and Tronox. Ceiri – a Dealmaker of the Year in 2009 for his unprecedented work on the legal bankruptcy cases of the biggest energy giant, Calpine, and chemical company Solutia. The latter we’re also advised by Kirkland in its $4.7 billion sale to the Eastman chemical in 2012, was also fairly successful. The Reuters had reported to the media on last September that Cieri would be resigning from the partnership of Kirkland in 2015, which has happened. Even though, Kirkland doesn’t give any type of official titles to the leaders who are practicing and has not decided any age criteria for the retirement, but law states that no partner older than 60 years have the opportunity to serve its management committee. Surprisingly, Cieri was one of the...

Whistleblower’s Lawyers blast the US Government

There is a national war going between the whistleblowers and the US government right now. On January 5, two lawyers were fined 1.6 million dollars for talking to the reporters, as the case was under seal and investigation was going on by the US Justice Department. The U.S. District Judge Amy Totenberg has given the order to both by lawyers to pay the fine within 75 days of her order. In 2008, these two lawyers from whistleblowers had sued some of the National banks because they had defrauded the US government in handling the case of the veteran’s mortgages. They had successfully defeated a lot of banks and have reached the settlement of about $161 million, from which they have received of about $45 million to date. The fines charged to both the lawyers of whistleblowers, because of their action of talking to the reporters, has created a dispute between the US government and the two whistleblower lawyers who were fighting for the allegation legal case in the favor of the government. The lawyers who have been fined have claimed that they have not spoken about the sealed case, but they have simply lashed out against the federal prosecutors who are against their clients. Even Jim Butler, who is the legal team representative of the former mortgage brokers Brain Donnelly and Victor Bibby, has stated in the court paper that the government has done something or said something in this case when it gets the opportunity to hurt the people who have actually went far and has secured more than $161 million as a recovery for the government itself....

Little Fellow ‘Oscar” Is Being Protected From Merchants

When on 22nd February Hollywood is preparing itself for attending the Red Carpet, Intellectual property Lawyers are scouring the nation for protecting the Brand Oscar! The Academy of Motion Picture Arts and Science have been alleging the receivers or the family members of the receivers of this prestigious award for violating the copyright of these gold statuettes. Being one of the biggest events related to Hollywood and motion pictures around the world, there has been commercialization of the Brand and lawyers from Quinn Emanuel Urquhart & Sullivan are trying to filter it. Tayback, one of the prominent lawyers of the team of Academy lawyers mention that Oscar is a national brand and is incredibly valuable. Hence, they need to protect this brand after 86 years of its creation from those who are using it for commercialization. This includes those individuals who are selling their family members’ awards received long back. The Oscar looks alike are also target as they are infringing the value of the iconic image. The retailers, who were targeted by the Academy, are represented by Jeffer Mangels Butler & Mitchell and their intellectual property department head Rod Berman mentions that if one arm is sticking out then the statuettes are most probably not infringing any brand. According to Berman, most of the cases settle down as someone selling $50000 merchandise cannot give legal fight with Academy. It’s not possible for them to defense the budget that Academy can pose. Since 1986, Quinn Emanuel has been the Academy’s trademark and Copyright infringement firm. Their relationship began when David Quinto, one of the first attorneys of Quinn Emanuel...

Eiffel Tower- A Different Story during Night

It’s well-known that copyright laws are there for protecting the creators of photographs, paintings, and musical works. Now, does buildings and light show displays are also included among them? As they too are considered as creative work, they are also protected by copyright act. If someone uses any photographs of such properties for non-personal without any legal permission from the copyright owner, then it would be considered as infringement of Copyright laws. It has been an international mandate that copyright tends to last for seventy years after the copy righter expires. In European countries, the buildings and other architectural works can be photographed freely, provided that they are located at any public place. These images can be displayed or printed and distributed anywhere without any restriction. Under such situation, there has been question related to Eiffel Tower, which was constructed long back in 1889. As its copyright has expired long since, this internationally famous landmark falls within the public domain. However, the story gets opposite in the night when the structure is illuminated. The night-time illuminations were done recently in 2003 and hence being considered as ‘artistic work’ it falls under the Copyright laws. The illumination of Eiffel Tower is considered to be separate from the structure itself, thus for reproducing its images in any form needs prior permission from SETE or Société d’Exploitation de la Tour Eiffel, who are the operating Company of Eiffel Tower. While the day time views are rights free, for capturing the tower at night prior approval is required, such is mentioned in the official website of Eiffel Tower. Many tourists are surprised with...