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Corporate Governance

Wake Up Call: Boeing Turns to White Collar Stars in U.S. Criminal Probe

June 7, 2019, 12:04 PM
  • Boeing Co. has been getting advice from Perkins Coie on the civil lawsuits it faces over the two deadly crashes of its now grounded 737 Max 8 aircraft. But the company has also assembled an impressive team of white-collar defense attorneys from other firms to deal with a U.S. criminal investigation into the crashes. That team includes Mark Filip of Kirkland & Ellis; Richard Cullen of McGuireWoods; and William Burck, of Quinn Emanuel Urquhart & Sullivan, a report says. (Seattle Times)

  • Arizona-based litigation funding firm Pravati Capital said it is starting a new unit that will offer consulting services to law firms. (Litigation Finance Journal)

  • Google agreed to buy Santa Cruz, California-based cloud data management company Looker Data Sciences Inc. for $2.6 billion, in a deal aimed at improving the search giant’s ability to compete with cloud leaders Amazon.com Inc. and Microsoft Corp. in the space. Cooley advised Looker on the deal, which is likely to get scrutiny by antitrust authorities. (BN)

  • Morrison & Foerster is opening in Miami. The California firm poached Greenberg Traurig partner Randy Bullard, co-chair of Greenberg’s Miami corporate practice, and three other partners and an undisclosed number of associates for the new office. (American Lawyer)

  • A federal appeals court ruling yesterday reviving two carmakers’ $210 million settlement over their unkept fuel-efficiency promises also saves nationwide class-action settlements for both plaintiffs-side and defendants’ lawyers. (BLAW)

  • If Insys Therapeutics Inc.'s general counsel, Mark Nance, had anything to do with the company’s recently announced $225 million settlement of U.S. civil and criminal allegations that it bribed doctors to prescribe one of its popular opioid drugs, that involvement doesn’t show up in the related documents, a report says. (Corporate Counsel)

  • Immigration giant Fragomen, Del Rey, Bernsen & Loewy ranked atop American Lawyer’s recent diversity scorecard, with almost a third of its 371 lawyers, and 23.9% of its partners, being minorities. But Fragomen has no black partners. Black lawyers account for 1% or under in the partnerships of several other prominent firms, according to this report. (American Lawyer)

  • Wells Fargo & Co. agreed to pay at least $385 million to customers who say they were signed up for auto insurance without their knowledge or consent when they took out a car loan. The bank has reckoned that it will have to spend billions of dollars to settle legal cases related to its many recent scandals. (BN via BLAW)

Deals

  • Goodwin Procter and Canadian firm Osler, Hoskin & Harcourt advised in a $570 million deal in which Toronto-based Intelex Technologies, a startup that makes environmental, health, safety, and quality management software agreed to be acquired by Pittsburgh-based Industrial Scientific, a connected sensing technology company that makes software for worker safety. Private equity firms JMI Equity and HarbourVest are the sellers. (Goodwinlaw.com) (Smartbusinessdealmakers.com)

  • National Electric Vehicle Sweden, a subsidiary of China Evergrande Group, acquired U.K.-based Protean Electric, which develops in-wheel motor technology. Morrison & Foerster advised Protean. (Electrive.com) (ProteanElectric.com) (MoFo.com)

Laterals, Moves, Promotions

  • Saul Ewing Arnstein & Lehr hired litigator Timothy J. Pastore as a partner in New York. A former military and federal prosecutor, Pastore was a partner at Buchanan Ingersoll and most recently was litigation department chair at commercial real estate boutique Duval & Stachenfeld. (Saul.com)

  • Troutman Sanders hired another Dorsey & Whitney partner in New York, this time it was finance and restructuring partner Adam F. Jachimowsk. (BLAW via BLB)

  • DLA Piper hired finance lawyer Seth Bonneau as a partner in Boston. According to his Linkedin, Bonneau most recently spent five months as of counsel at MoFo, after nearly seven years at Riemer & Braunstein. (DLAPiper.com)

  • Nelson Mullins Riley & Scarborough said experienced government relations attorney James H. “Jamey” Goldin joined the firm as a partner in Columbia, South Carolina, arriving from Southeastern firm Turner Padget. (NelsonMullins.com)

  • The auction house Phillips hired Christie’s in-house veteran Hartley Waltman as its general counsel, Americas. At Christie’s for two decades, Waltman was most recently senior vice president and senior counsel. (ArtNews.com)

Legal Actions, Decisions, Regulators

  • Manatt won a preliminary injunction for client Multiple Energy Technologies, LLC., maker of bioceramic powder Redwave, in its false advertising suit against Hologenix, LLC, which is advised by Polsinelli. The court order preliminarily enjoins Holgenix from making any statement in any forum, including its website, social media, and the press, that the Food and Drug Administration has “approved” Hologenix’s rival bioceramic product Celliant for any use. (Manatt) (BLAW)

  • Amidst a policy clash with career attorneys at the Department of Labor, the Trump-appointed chief of the department’s contractor watchdog wants to be briefed by lawyers before they file legal complaints against federal contractors in pay discrimination cases. (BLAW)

  • A Cook County Illinois judge tried to kiss a Chicago police officer and asked a court reporter “how much” for sex, according to a complaint. (Chicago Tribune)

Technology

  • Twitter yesterday restored the account of ALM Media title New York Law Journal, which had been suspended without any explanation. (Above The Law)

To contact the correspondent on this story: Rick Mitchell in Paris at rmitchell@correspondent.bloomberglaw.com

To contact the editor responsible for this story: Tom P. Taylor at ttaylor@bloomberglaw.com

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