About 800 former employees of one-time foreclosure titan David Stern who claimed they were not given proper notice before being laid off have settled a class action lawsuit against their former boss for $500,000 — far less than the $5 million the employees sought.
2012 LTN IT Director of the Year winner Craig Bingham, director of information technology at Bass, Berry & Sims, speaks to David Snow, editorial director for technology at ALM, about technology endeavors, both present and future, at his 200-lawyer Nashville law firm.
Curtis Mallet announced it will open an office in Kuwait and has hired former SNR Denton partner David Pfeiffer to get operations there up and running. Meanwhile, Baker & McKenzie said it wants to establish an office in India if the country relaxes its rules on the local operations of foreign firms.
The trustee handling Ponzi schemer Bernie Madoff’s bankruptcy has reached a compromise with David Becker, the former general counsel of the SEC, and Becker’s two brothers. The Beckers have agreed to pay back $556,017 — about $1 million short of what the trustee originally sought.
While Kraft Foods and Philip Morris International play musical chairs with their general counsel, some folks are wondering exactly what went on in a meeting between Philip Morris GC David Bernick and chief executive Louis Camilleri that ended with Bernick’s resignation.