Recent Highlights

Becker, Glynn is pleased to announce that Alec Ostrow has joined the firm as a partner. Mr. Ostrow concentrates his practice in bankruptcy, corporate reorganization, and creditors' rights.

Mr. . . .

On May 24, 2010, Chester Salomon will speak at an American Bankruptcy Institute program at the New York City Bankruptcy Conference. Mr. Salomon, along with other bankruptcy lawyers, will address new . . .

Plaintiffs filed a federal class action complaint against one of the firm's European clients alleging multiple breaches of contract. Damages in excess of $100 million were claimed. On March 31, 2010, . . .

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After winning summary judgment on behalf of an Austrian client with an indemnification claim against a New York corporation, the firm immediately applied, ex parte, for an order restraining the New York . . .

The firm represents a domestic corporation involved in an arbitration with its liability insurance carrier. For the second time in a row, the firm was able to defeat the application by the insurer for . . .

A domestic client of the firm hired an employee formerly employed by the client's competitor. The employee's agreement with his fomer employer contained a restrictive covenant, including a non-competition . . .

The firm represented an Austrian manufacturing company, which was sued in New York, along with a codefendant, based on allegations of products liability. After securing a favorable settlement of the . . .

On May 8, 2009, Justice Ramos of the Supreme Court for the State of New York signed a consent order prohibiting a competitor of WebMD from using WebMD's confidential information.. . .

The firm is pleased to announce that Kenneth J. Stuart has joined the Firm as Of Counsel. Mr. Stuart will lead the firm's federal securities law group. Previously, Mr. Stuart was a partner at Gilbert . . .

The firm represented Innovest Strategic Value Advisors, a leading provider of sustainability research for the institutional investment community, in a sale of the company to RiskMetrics Group. RiskMetrics . . .

The firm is pleased to announce that Chester B. Salomon has joined the Firm as Of Counsel. Mr. Salomon will lead the Firm's bankruptcy and creditors' rights group. Previously, Mr. Salomon was senior . . .

A insurer brought an arbitration against one of the firm's domestic clients. The firm was able to preliminarily, and then permanently, enjoin the arbitration against several parties.. . .

Becker Glynn represented lead investor Good Energies Foundation in its recent investment in SELCO, an Indian company that provides solar power to underserved communities in rural India. Please see the . . .

The firm is pleased to announce that the partnership has elected Bonnie R. Klugman to be a partner in the firm. Ms. Klugman, formerly counsel to the firm, will continue her practice in the area of executive . . .

The firm served as international transaction counsel to DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) and the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. . . .

The Delaware Court of Chancery dismissed with prejudice all claims against our clients, directors and majority of shareholder of a holding company, based on the plaintiffs' misconduct and lack of derivative . . .

Stephen P. Buhofer’s article, "Structuring the Law: the Common law and the Roman Institutional System," discusses important differences between the U.S. and continental European legal regimes. . . .

Becker Glynn, representing the Special Committee of the Board of Directors of a technology company, secured the dismissal of derivative claims filed by a minority shareholder and former officer and director . . .

The firm secured a temporary restraining order for its client, WebMD LLC, which runs a health-related website. The TRO prohibited two former employees of WebMD from performing any services for their . . .

On April 25, 2008, Judge Rya Zobel of the United States District Court for the District of Massachusetts granted our clients' motion to preclude the testimony of the plaintiffs' expert witness in a trial . . .

The firm is pleased to announce that the partnership has elected Patrick O'Brien to be a partner in the firm, effective January 1, 2008.. . .

A Swiss client of the firm was sued in federal court for fraud in connection with its sale of a complex financial product. The fraud claims carried with them a threat of punitive damages. The firm filed . . .

Becker Glynn represented Cementos Pacasmayo S.A.A. in two transactions involving the sale of substantially all of the assets of Zemex Corporation, a North American industrial minerals company. In the . . .

In another in a series of important articles about the President and his constitutional powers, Mr. Becker's piece, "Exercises in Overkill," examines the use by President Bush of so-called "signing statements." . . .

A domestic client of the firm hired a former employee of one of its competitors. The competitor sued the client, claiming that the employee had stolen trade secrets and was in breach of his employment . . .

When a Brazilian bank was sued in Brazil in connection with a contract governed by New York law, the Brazilian bank turned to Becker, Glynn to provide a legal opinion about the contract's enforceability. . . .

The firm served as international transaction counsel to the Netherlands Development Finance Company (FMO) and DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) in connection with a $30 . . .

The Firm represented International Finance Corporation (IFC), the private sector arm of the World Bank Group, in connection with a $550 million long-term financing of Pan American Energy LLC, Argentine . . .

The Firm represented International Finance Corporation (IFC), the private sector arm of the World Bank Group, in connection with a $21 million long-term financing of Sans Souci Ports, S.A. (Sans Souci) . . .

The Firm represented International Finance Corporation (IFC), the private sector arm of the World Bank Group, in connection with the successful placement by Mexico's Banco Compartamos and its shareholders . . .

On behalf of a U.S. based client, the Firm filed an action in New York Supreme Court to prevent the theft of trade secrets by a competitor of the client. After filing the complaint, the Firm negotiated . . .

The firm served as international transaction counsel to International Finance Corporation (IFC), the Netherlands Development Finance Company (FMO) and Westpac Bank Samoa Limited in their joint loans totaling . . .

In his article for the National Law Journal, Mr. Becker takes on the Military Commissions Act, which purports to prohibit federal judges from issuing writs of habeas corpus to aliens like Salim Hamdan, . . .

The Firm is pleased to announce that Bonnie Klugman has become Of Counsel to the firm. Ms. Klugman's practice focuses on executive compensation and employment, including incentive compensation (both . . .

In this important article, entitled "The Presidency, What Inherent Power?," Mr. Becker contends that Article II of the U.S. Constitution does not grant to the presidency the authority President Bush has . . .

The firm initiated an arbitration on behalf of a U.S. client against a Hong Kong corporation. The arbitration concerned three contracts between the parties. One of the contracts lacked an arbitration . . .

After the firm won a jury trial in federal court on behalf of a European client, new plaintiffs brought an identical action. The firm argued that the new plaintiffs, although not parties to the first . . .

A Dutch client faced hundreds of products liability cases from the sale of an over-the-counter medication throughout the United States. After the lead co-defendant entered bankruptcy, the firm's client . . .

A derivative action was brought against the firm's corporate client and its directors. In the first phase of the litigation, the firm's litigators successfully stayed the derivative claims pending a . . .

The firm obtained a court order requiring various insurers immediately to fund the defense costs a client is incurring in connection with law suits proceeding in Australia. The client, a former director . . .

A domestic client of the firm was sued for religious and age discrimination. On summary judgment, the firm successfully argued that the plaintiffs' claims for age discrimination and hostile work environment . . .

The firm successfully moved to dismiss a multi-million dollar class action brought in federal court against a European financial company. Some 7,000 plaintiffs asserted discrimination claims against . . .

The firm represented International Finance Corporation (IFC), the private sector arm of the World Bank Group, as international transaction counsel in connection with a $250 million long-term financing . . .

The firm served as international transaction counsel to the Netherlands Development Finance Company (FMO) in connection with a $20 million credit facility to Fábrica Carioca de Catalisadores S.A. . . .

The firm brought a lawsuit against two former employees of a U.S.-based broker-dealer, both of whom had left to start a directly competing business at a competitor. After successfully obtaining a temporary . . .

After a dispute arose concerning a stock purchase agreement, an arbitration was commenced against one of the firm's U.S. based clients. Although the stock purchase agreement contained an arbitration . . .

An action raising breach of contract and discrimination claims was brought in federal court against one of the firm's European clients. The purported class contained roughly 7,000 members. The firm . . .

The firm represented Export Development Canada (EDC) and International Finance Corporation (IFC), the private sector arm of the World Bank Group, as international transaction counsel in connection with . . .

The firm served as international transaction counsel to the Inter-American Development Bank (IDB) and the Netherlands Development Finance Company (FMO) in connection with a $30 million credit facility . . .

The firm represented International Finance Corporation (IFC), the private sector arm of the World Bank Group, as international transaction counsel in connection with $70 million long-term credit facilities . . .

The firm successfully obtained a temporary restraining order against the competitor and two former employees of an international client specializing in health care technology. The restraining order prevented . . .