Welcome to your Friday morning round-up of stories in today’s edition of The Legal Intelligencer. All of the links below will take you directly to today’s stories, or you can head straight over to The Legal’s homepage. (Some stories may require registration or a paid subscription.)
The top story this morning is a look at Cozen O’Connor’s firm financials. As reporter Gina Passarella writes, the firm grew revenue 6 percent and profits per equity partner 8.3 percent in 2011, marking historic highs for the firm. The firm also saw its profit margin jump three percentage points to 33 percent.
Below the fold on Page 1, reporter Amaris Elliott-Engel writes that Philadelphia Common Pleas Court Judge Sandra Mazer Moss said an appeal by Wyeth Pharmaceuticals of her decision not to dismiss digestive drug products liability claims against the drugmaker at the preliminary objections stage should be quashed.
In more Regional News on Page 3, reporter Jeff Mordock writes that the Delaware Chancery Court’s criticism of two separate chief executive offers in recent opinions represents a lesson that might be missed: the court’s willingness to let the shareholders determine a merger’s fate when no rival bidder emerges.
As always, our People in the News section is on Page 2, and the top stories from our sister publications across the country make up the Page 4 National News section.
In an Asset Management column on Page 5, Mark L. Silow writes about planning for some proposed changes in the tax code.
In a Bankruptcy Update on Page 7, Francis J. Lawall and Evelyn J. Meltzer write about arbitrating bankruptcy disputes, noting that unless they are pursued in a timely fashion, you run the risk of losing your rights.
If you have questions or comments about any of today's stories, or our coverage as a whole, we invite you to e-mail any of the reporters directly. We hope you'll enjoy today's Legal.
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