Publications Search Results
Type: Case Study
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A Landmark in the History of U.S. Public-Private Partnerships
“The $2.6 billion deal to lease San Juan’s Luis Muñoz Marín International Airport to a private consortium is being watched by bankers and industry officials keen to import a business model that is widely used in Europe and Asia. —The Wall Street Journal
Delivering the Oral Argument to Win Dismissal of Nine Cases Across Seven States
"Dynegy is extremely pleased with Pillsbury's leadership in these complex cases and with the resulting dismissals. They are our go-to firm for this kind of bet-the-company litigation. "
—Jason Buchman, Vice President and Dynegy Group General Counsel
Winning Redress for Costly Broken Promises
"Our Pillsbury lawyers truly partner with us in achieving AOL's goals. This substantial recovery is an excellent example of the successes we have achieved working with them. "
—Jeffrey Novak, Assistant General Counsel, AOL
Freeing a Rapidly Growing Company from an Unreasonable Service Contract
"[Yogurtland's] financial ratios are strong and best in class. We credit this to management's superior operating model and meticulous growth plans."
—The FranchiseHound.com, on its "strong buy" recommendation for Pillsbury's client
Securing a Complete Reversal on Appeal from New York State's Highest Court
"No public policy prohibited plaintiff from agreeing [to the contract's Permitted Exception], as it did, but this was plaintiff's problem and not Pathmark's..."
—Unanimous decision by the New York State Court of Appeals, agreeing with Pillsbury's argument
Rescuing Clients from the "Harshest Available Penalty"
"[U]nanimously reversed, on the law and the facts, without costs, the judgment vacated and plaintiff's motion denied."
—New York State Appellate Division's decision in favor of Pillsbury's client
Successfully Defending "Best Technology Available" Determination by Water Board
"[W]e discern no basis to hold that the board erred ... [in] finding that the costs of alternative cooling technologies for the [power plant] were "wholly disproportionate" to the anticipated benefits. "
—Opinion from the California Supreme Court
Persistently Beating Back a Would-Be Securities Class Action
"The defendants argue, and the Court agrees, that these additional allegations are not facts showing how plaintiffs can establish that their shares are traceable to the Secondary Offering. "
—U.S. District Court Judge Susan Illston, agreeing with Pillsbury on the plaintiffs' lack of standing, in her decision dismissing all claims with prejudice
Thwarting a Countersuit and Returning an Insurance Dispute to Its Rightful Venue
"A New York federal judge on Wednesday tossed a suit brought by Gibson Guitar Corp.'s insurer seeking to dodge responsibility for covering a flood at Gibson's Nashville, Tenn., headquarters ... "
—Insurance Law360, Sept. 8, 2011
Prevailing at All Levels in Technology Patent Litigation
"We flagged the claim construction issue early on as case dispositive ... [so] we were able to litigate the No. 1 issue. "
—Pillsbury attorney Bryan Collins, quoted by Law360 on how the firm efficiently handled Stanley's case
Quickly Clearing a Disputed Trademark
"With limited time to prepare and in the context of an aggressive adversary, Pillsbury was able to achieve an excellent result for Clearwire at the preliminary injunction phase of the litigation. "
—Chuck Lobsenz, Senior Corporate Counsel/Director of Intellectual Property, Clearwire
Winning the Recall of a Competitor's Infringing Product
"I know that it is rare to have a competing product recalled from the market. The Pillsbury team did an excellent job in gathering and presenting the facts to secure such a result. "
—Francesco Bellifemine, President, Tecnimed Srl.
Clarifying a Lack of Trademark Confusion in Online Marketing
"Defendants observe correctly that 'trademark laws protect against mistaken purchasing decisions, and not against general confusion due to coexistence.' "
—U.S. District Court Judge Jeremy Fogel, noting Pillsbury's arguments in his favorable decision
Defeating a $22 Million Attempt at Unprecedented Taxation
"The Archdiocese of San Francisco is delighted that the Superior Court has vindicated the position the Archdiocese has taken all along, and has rejected this unilateral attempt to ignore existing tax law and practice. "
—George Wesolek, Director of Communications for the Archdiocese, on the victory secured by Pillsbury
Winning a Rare Victory Against a Regulatory Agency
"[T]he Class B shares purchased by Ponderosa were public utility assets that were owned by Ponderosa. Therefore, the Commission's decision to credit the par value redemption proceeds of those shares to the ratepayers constituted an illegal appropriation of Ponderosa's property."
—Unanimous opinion by the California Court of Appeal, agreeing with the argument made by Pillsbury
Wining Second Circuit Endorsement of a Groundbreaking Legal Strategy
"This is a victory for all New Yorkers and validates our efforts to hold all the gun dealers we have previously sued accountable. "
—Statement from Pillsbury's co-counsel, the City of New York Law Department, as reported in a front-page story by the New York Law Journal
Protecting Private Property from Unjustified Government Seizure, in a First Test
"It just shows that the city cannot just come in and bully everybody."
—Victor Nunez, board member of the Community Youth Athletic Center, as quoted by station KGTV about Pillsbury's victory
Helping Railroads Move Goods Across the Country
"There was almost uniform agreement that the biggest environmental victory in Southern California was won by Pillsbury."
—Los Angeles Daily Journal
Shielding Indenture Trustees From Liability for Fraud Perpetrated by Others
"Plaintiffs’ proposed interpretation…[would] greatly expand indenture trustees’ recognized administrative duties far beyond anything found in
—New York Court of Appeals opinion, echoing the points raised by Pillsbury as amicus in Racepoint Partners
Shutting Down a Novel Theory of Liability
"[C]ause for suspension or revocation of the Respondent's license does not exist…in that Anheuser-Busch did not, directly or indirectly, provide free malt beverage products during a public event."
—Administrative law judge's order
Upholding Commercial Free Speech Rights
"Rules governing lawyer advertising in New York that were passed in February 2007 cannot be enforced because they violate the First Amendment right to free speech, the U.S. Court of Appeals for the Second Circuit ruled today."
—Press release by Public Citizen, a nonpartisan advocacy organization
Defending Privacy Rights From Unjustified Drug Testing
"While a student’s expectation of privacy at school is diminished, it is not extinguished."
—Unanimous appellate opinion in Brown, et al. v. Shasta Union High School District, et al.
Fulfilling the Promise of Freedom in America
"The promotion and protection of human rights is likely to be crucial in the
months leading up to the 2011 general elections in Cameroon. A number of
the human rights violations documented in this report have been linked to a
government strategy of stifling criticism and effective opposition."
—From the Amnesty International report titled “Cameroon: Impunity underpins persistent abuse”
Setting a New Precedent in Design Patent Disputes
"In a side-by-side comparison…the overall effect of this streamlined theme makes the FuBar tools significantly different from Richardson’s design."
—U.S. Court of Appeals for the Federal Circuit
Securing Attorneys' Fees for the Client and Praise From the Judge
"Defendant's counsel could not have achieved a better result for their client."
—U.S. District Court Judge Kenneth A. Marra, in his award of attorneys' fees to Pillsbury's client Atlas Copco
Neutralizing a $30 Million Risk in the Damages Phase
"Pillsbury delivered an excellent result for us in this case. The team did a superior job researching and briefing numerous complex legal issues and their attention to detail, superb witness preparation and overall resolve in this protracted litigation made the difference."
—Matthew A. Sokol, Chemtura's Associate General Counsel
Preserving a $60 Million + Victory on Appeal
“After a trial, the Court of Chancery ruled substantially in favor of CA….
We find no merit to Ingres’s appeal and affirm….”
—Opinion from the Delaware Supreme Court
Brought in at the 11th Hour and Succeeding
"Mr. Solow has proposed building a 32-story and a 47-story tower, with
what will probably be a five-story school. Trees would line the walkways leading from First Avenue to Franklin D. Roosevelt Drive and the river."
—The New York Times, on the plans for the site owned by Pillsbury's client
Protecting a $60 Million Investment
"Defendant is correct that there is no triable issue regarding the validity
of this lien…."
—From the judge’s order granting summary judgment to Pillsbury's client
Saving a Vital Interstate Industry From a Patchwork of State Laws
"If we were to hold that this state could impose restrictions on the interstate
wholesale natural gas market by way of its antitrust laws, we would
imply that every other state could do so as well."
—Tennessee Supreme Court ruling in Leggett, et al. v. Duke Energy, et al.
Knocking Out a Multimillion-Dollar Antitrust Claim in the First Round
"A federal judge has given the heave-ho to an antitrust suit brought by bankrupt magazine wholesaler Anderson News LLC against a host of single-issue magazine publishers including…American Media, Inc."
Tenacity and Persistence in Litigating a Reorganization
"I am absolutely elated to see Congoleum's plan confirmed at last. It has been a long, difficult journey out of the complicated asbestos and insurance litigation we faced nearly nine years ago. I could not be happier about putting this chapter of our history behind us."
—Roger S. Marcus, Chairman of the Board
Preserving Millions in Value for Shareholders
"Bankrupt Tronox Inc.'s reorganization plan has been deemed a winning
restructuring formula by a New York judge."
—The Daily Deal
Successfully Challenging a Local Tax Scheme
"Richmond is interfering with interstate commerce by exposing Chevron to the possibility of being taxed more than once by othercities or states for the same business activity."
—The San Francisco Chronicle, summarizing the court’s decision
Winning a First-of-a-Kind Lawsuit and Millions in Tax Relief
"[T]his decision may provide refund opportunities for taxpayers that …would not have qualified for the unreasonable exception under the Director’s narrow interpretation."
—An analysis of Pillsbury’s victory by one of the Big Four accounting firms
Old Wines, New Battles: Insurance Lessons from the Great Fire of 1906
“Victory…is regarded by attorneys who represent persons holding claims against the so-called ‘earthquake’ companies as of far-reaching importance to the city.”
—The San Francisco Chronicle, April 17, 1908
Preventing Potentially Expensive Antitrust Claims
“[W]e are persuaded by Pacific Bell’s argument that the cause of action as framed is defective because the unfair competition law does not make available any remedy [the plaintiff] sought in the third amended complaint.”
—California Court of Appeal in Advanced Scientific Applications v. Pacific Bell Telephone Co.
Prevailing Repeatedly Against a Tenacious Opponent
“We came, we saw, we conquered, with the very professional support by Pillsbury.”
—Håkan Osvald, Vice President and Deputy General Counsel of Atlas Copco
Expediting a Complex Case and Saving $60 Million
“CA Inc., a maker of software for mainframe computers, won a Delaware judge’s ruling that it doesn’t have to pay as much as $60 million in damages to business partner Ingres Corp.”
Protecting an Innovative Success Story in Banking
“I have never before seen such a surgically complete dissection of a complaint as achieved by you and your team.”
—Capitol Bancorp chairman Joseph D. Reid, a veteran litigator, in a letter congratulating Pillsbury attorneys on their victory
Prevailing in Court and Settlement Negotiations
“Because plaintiffs bear the burden of proving breach, and because there is no evidence of breach, Chevron is entitled to summary judgment. In addition, even if plaintiffs could show a duty and breach, the nondisclosure claim fails for lack of causation.”
—U.S. District Court Order
Securing Court Victories to Validate a Client’s Procedures
“As the Administrator and Committee’s interpretation of the Plan was legally correct, no abuse of discretion occurred.”
—Fifth Circuit opinion in Stone v. Unocal Termination Allowance Plan
Clearing the Path to a Clean Energy Future
“[Petitioners] do not provide information to support their claims that cultural resources, water quality, and wildlife will be harmed by [Cogema’s] mining activities.”
—Memorandum and Order of the Nuclear Regulatory Commission Atomic Safety and Licensing Board
Long Fight Against Coerced Confessions Leads to Freedom
“This case exemplifies everything that is wrong with Guantanamo. He’s a completely innocent man and they torture him into confessing, right out of the North Korean and communist Chinese play book.”
—The Associated Press, quoting Pillsbury partner David Cynamon
Recovering Millions for Health Care Services
“The failure to implement the contractual methodology constituted, as the trial court found, a breach of contract. But the record does not support the trial court’s finding that the breach caused no damages ….”
—Appellate opinion reversal, resulting in a victory for Health Net of California, and setting up potential future recoveries by Health Net and other health plans
Defending Privacy Rights from Unrestricted Drug Testing
“This was an extreme policy, far beyond what California law allows, and we are pleased that the court recognized this.”
—The Sacramento Bee, quoting Pillsbury partner Tom Loran
Protecting Political Speech from Retaliatory Litigation
“A Cobb County judge has dismissed a Smyrna gun seller’s lawsuit that was brought against New York Mayor Michael Bloomberg.”
—The Atlanta Journal-Constitution
Correcting a Jury’s Unprecedented, and Flawed, $20 Million Verdict
“The case … is believed to be the first successful asbestos verdict against that type of defendant.”
—Plaintiffs attorneys’ press release, touting the victory, before it was overturned through Pillsbury’s successful efforts
Proving Victorious at Every Turn Through Excellent Groundwork and Litigation Skills
“The legal case, argued by Pillsbury Winthrop Shaw Pittman, follows favorable rulings [secured by Pillsbury] against opposing environmental groups in three other federal courts.”
—The Sacramento Bee
Winning Over $54 Million in a Complex Breach-of-Contract Trial
“The Sacramento Municipal Utility District and the company it hired to build a new power plant in the southeastern county are locked in a high-stakes legal dispute over the project’s delay.”
—The Sacramento Bee
Using the Right Litigation Strategy to Protect an Award-Winning Innovation
“Where do new tools come from?
Angry workmen and this R&D squad.”
—Popular Science, in a profile of The Stanley Works’ innovation team behind the FuBar®, winner of the magazine’s “Best of What’s New” Award
Protecting a Client’s Valuable Technology and Reputation
“This is the third legal proceeding in which Lite-On seeks to avoid paying any royalties for its manufacture and sale of DVD drives.”
—Pillsbury’s brief in support of Toshiba’s first motion in limine
Protecting Hard-Won Assets During the Downturn
“The area around New Carrollton Station has long been considered an ideal candidate for redevelopment because it serves as a commuter hub and a gateway to Washington for travelers coming from the north and east.”
—The Washington Post
Clearing the Skies for a New Airline
“It’s tough to think of a company that has done as much to meet our standards for becoming a commercial airline.”
—U.S. Secretary of Transportation Mary Peters
Pillsbury Helps Tech Company Secure Favorable Terms on Major Tax Credit Investment
Highly profitable companies have long used tax credit investments as a tool to reduce tax liability. For one Fortune 100 technology company, however, these investment opportunities were often too small to move the needle, generated low yields, or required too much administration to justify the return. But as banks, the traditional buyers of tax credits, began reporting quarterly losses in 2008, the tax credit market responded in several ways: expected returns rose, fund-of-fund offerings increased the size of individual investments, and tax credit syndicators began offering AA-rated guaranteed returns as inducements to buyers.
Pillsbury Guides Chinese Investment Group Through Its First U.S. CMBS Transaction
A Chinese real estate investment group was considering its first investment in the U.S. commercial real estate market. It identified a 5,000-unit apartment project in Texas and Maryland that satisfied its investment parameters, but the project was in the midst of the prior owners’ complex Chapter 11 proceeding—the borrowers’ equity had been wiped out, the assets were encumbered by multiple layers of CMBS debt, and the appointed Special Servicer was actively scrutinizing any proposed restructuring transaction.
Leading a $50 Billion Battle for an Entire Industry
"The decision is a victory for Nebraska Public Power District and other utilities that are seeking to recover billions of dollars they have spent over the last two decades…."
Pillsbury Secures $12M in Stimulus Funds for Affordable Housing Clients
Before the turmoil in the credit markets, affordable housing developers that generated tax credits could easily sell them to investors looking to purchase tax offsets. But the recession has meant less profit to offset and a corresponding decrease in demand for tax credits. As tax credit prices have plummeted, nearly 1,000 affordable housing projects across the U.S. have stalled for lack of funding.
Pillsbury’s Real Estate Finance Prowess Jumpstarts Two San Francisco Developments
San Francisco has a reputation as one of the most difficult markets for real estate development anywhere in the United States. San Francisco-based Martin Building Company (MBC) worked for 8 years to gain land use approvals on two development projects representing a total of approximately 275 market rate and low-income rental units located in the city’s burgeoning South Beach and Central Waterfront neighborhoods.
Dismantling $5 Billion in Antitrust Claims
“Pillsbury’s knowledge of recent legal developments and diligence in applying them resulted in novel and important rulings that significantly reduced Dynegy’s exposure in this important matter.”
—Jason B. Kinzel, Corporate Counsel, Dynegy Inc.
When Failure Isn’t Fraud: Defending Reputations Hit by Market Forces
“Defendants were ably represented by very skilled and capable counsel … with well-deserved and nationwide reputations for vigorous advocacy in the defense of complex federal securities litigation.”
—Plaintiffs attorneys’ declaration, In re Exodus Communications, Inc., September 9, 2008
Shutting Down Massive Class Actions
“Pillsbury ... was the first to warn operators late last year that the industry was vulnerable to facing a number of class-action lawsuits stemming from FACTA violations.”
—Nation’s Restaurant News, September 15, 2007
Protecting an Innovative Business Model
“Clients are full of praise for the ‘team work and triple-A results’ of this firm, as well as the lawyers’ communication skills: ‘They always ask how they can do better.’”
—Chambers USA 2007, on its ranking of Pillsbury’s practice in commercial litigation
Blazing a Faster Route to the Right Result
“Congratulations again on a terrific result and especially on the outstanding brief that caused it.”
—Attorney for the SDL directors’ insurance company, June 23, 2008
Securing the Foundation of a $1.7 Trillion Business
“If that finding is left to stand, it would have a chilling effect on the financial markets and would eliminate a significant means by which banks, financial institutions and corporations diversify their credit risk.”
—amicus brief in support of Société Générale, May 8, 2006, International Swaps and Derivatives Association
Breaking Through Roadblocks to Complete a $3.5 Billion Deal
“The Pillsbury litigation team maintained steady focus on our objectives, and were efficient in executing our strategies to keep the transaction moving to closure without delay.”
—Joseph J. Catalano, Senior Vice President and Chief Litigation Counsel, Union Bank
Protecting Bondholders on $850 Million Debt
“Jean Coutu’s senior vice-president ... was peppered with questions from irate fixed-income investors, who expressed doubt Jean Coutu could avoid triggering a change-of-control measure forcing it to buy back the debt at a 1% premium.”
—:Financial Post, August 26, 2006
Atheros Communications: 100 Million Satisfied Customers
“Atheros has relied on Pillsbury since the company was founded, and they have proven time and again that they understand our business and our technology. We tell them where we want to go, and they help us get there.”
—Adam H. Tachner, Vice President and General Counsel, Atheros Communications
Goowy Media: Big Deals in Small Packages
The next big opportunity in online advertising is actually quite small: the widget. Widgets are small web applications that add dynamic content code to web pages like a user’s social networking profile or personal blog. Widgets’ key advantages over traditional banner advertising are their interactivity and the fact that users choose to host their content—a highly compelling solution for linking advertisers to customers. In 2004, Alex Bard joined three friends to found Goowy Media. Working on a tight budget, their first move was to develop a set of user-friendly web tools for managing email, contacts and calendars. The Goowy Webtop attracted the interest of Mark Cuban, who led the company’s first (and only) venture round. Maintaining no-frills discipline, the company’s momentum catapulted upward as it shifted focus to developing a novice-user widget platform and the backend management and analytics tools that support dynamic advertising.
Proactive Protection for Land Use Projects
“For once, economic development can be advanced in unison with environmental protection. We appreciate the [U.S. district] court’s judgment on our project.”
—Bill Cramer, Vice Chairman of the Panama City-Bay County Airport Authority, MarketWatch, October 30, 2008
Virgin America and Hainan Airlines: New Airlines Take Flight
Pillsbury’s nationally ranked Aviation practice was instrumental in helping two airlines take flight in 2008. After the Department of Transportation ruled that California-based Virgin America was improperly controlled by non-U.S. citizens affiliated with Sir Richard Branson and the UK’s Virgin Group, Pillsbury attorneys worked around the clock for two months to help the company file a revised application addressing all of the DOT’s concerns. In a rare reversal, the DOT ruled in favor of Virgin America and officially designed it as a U.S. commercial airline just six months after its original application was turned down.
Achieving Resolutions for a City’s Drinking Water Disaster
“The perchlorate plume polluting the Rialto-Colton Groundwater Basin is believed to be about six miles long, and to spread at a rate of about three feet per day, according to city officials. ”
—The Riverside Press-Enterprise, March 17, 2008
Pillsbury Prevails in Landmark Uranium Fuel Case Before the European Court of Justice
A Complex Dispute
Luminant’s highly complex dispute over enriched uranium fuel involved multiple transactions, the bankruptcy of a key player, and companies based in five countries on three continents.
First-of-Kind Project Leaves Canadians Breathing Easier
Three countries, multiple bankruptcies, the absence of an EPC contractor, a complicated fuel supply plan, a credit market meltdown, two lawsuits on the eve of closing... and a deal that was the first of its kind. These were just some of the challenges Pillsbury’s client, Mitsui, faced in the C$650 million development and financing of the Greenfield Energy Centre, the largest project developed under Ontario, Canada’s new Clean Energy Program, and the largest power generating project financed in North America in 2007.
$6 Billion Electric Transmission Infrastructure Project Sets Regulatory Standard
An Ambitious Project
In the wake of the increased attention being paid to energy security and supply, one of the nation’s fundamental challenges is how to link renewable energy sources to the locations where their output is consumed. In the western U.S., where such distances can be measured in the hundreds and thousands of miles, Pillsbury client PacifiCorp aims to bridge the gap.
Innovative Financing Fuels Growth Opportunities
As one of the largest biodiesel producers in the U.S., Renewable Energy Group (REG) is transforming today’s fragmented biodiesel market into tomorrow’s viable alternative to fossil fuels. REG’s success can be attributed, in part, to a corporate structure that gives each of its core business units—production facility construction and management, marketing and distribution, and investments— the financial and operational flexibility to respond independently to rapidly changing market conditions.
A Megawatt Saved Is a Megawatt Earned
Los Angeles Unified School District Demonstrates Leadership in Rooftop Solar
The Los Angeles Unified School District serves 694,288 students, and employs 45,473 teachers and 38,494 staff—making it the second-largest school district in the U.S. and the second-largest employer in Los Angeles County. After L.A. residents passed a $7 billion school bond initiative in November 2008, the District had funding to launch an extensive construction and modernization program—an opportunity to not only upgrade their schools and facilities but also provide much-needed economic stimulus throughout the county.
PeopleSupport: Buckle Your Seatbelts
PeopleSupport’s success story is one of booms and busts and well-timed shifts in strategy. The company started out as an outsourced call center to first-generation internet ventures. Pillsbury worked with the high-growth startup through formation and two rounds of venture financing before its customer base began to suffer the effects of the post-boom contraction. Struggling to stay afloat, the company’s management recognized three factors that would allow them to not just weather the bust, but emerge a stronger company: the commercialization of IP telephony; excess undersea fiber optic capacity; and the labor cost arbitrage between high-turnover U.S. call center workers and low-turnover, better-educated overseas workers. And indeed by shifting call center operations to the Philippines and adopting IP telephony, the company entered a new period of growth that culminated in a successful IPO in 2004.
Recovering Millions After a Technology Meltdown
“A costly, 20-month saga of futility and frustration came to a formal close Wednesday when the Los Angeles Unified School District announced that it had settled a dispute with the contractor that installed its payroll system …”
—Los Angeles Times, November 27, 2008
Recovering Industry Losses from Federal Inaction
“The ruling marks yet another victory for Pillsbury Winthrop Shaw Pittman’s energy practice, which has chalked up two other big wins in the spent-fuel disposal realm in the last month alone.”
—Energy Law360, October 19, 2007
Steering an Icon Through a Financial Storm
“After two years of uncertainty, the Queen Mary can once again become a world-class tourist destination.”
—Pillsbury partner quoted in Bankruptcy Law360, November 9, 2007
Tenacious Advocacy Pays Off in Big Bankruptcy Recovery
“Even holders of pre-bankruptcy Solutia’s common shares will make a recovery, despite repeated warnings by the company that those shares would be worthless. ... Those who had been set to get nothing could wind up owning a combined 18 percent of a growing corporation.”
—St. Louis Post-Dispatch, September 27, 2007
Turning the Tables in a High-Stakes Battle
“Our Pillsbury attorneys assessed the challenge Fellowes was facing from a Chinese competitor’s patent lawsuit and were confident that we could turn the tables and win in court. And they did exactly that.”
—Steve Carson, General Counsel of Fellowes, Inc.
Sparing a Trillion-Dollar Industry from a Single Supplier’s Dispute
“The appeals court said the U.S. International Trade Commission had overstepped its bounds when it issued the ban against handset makers … ”
—PC World, October 14, 2008
A Clean Sweep, by a Lean Team, Against Patent Infringers
“We are very pleased with the court’s ruling and are moving forward aggressively to build sufficient product inventories to support the increased demand for our vascular sheath product lines.”
—Dr. Paul Kurth, inventor and President of Pressure Products, Inc., August 10, 2008
Mr. Algae Goes to Washington: Ternion Bio's Victory for CO2 Innovation
Historically, government funding for carbon sequestration and capture projects has primarily supported traditional geologic methods, in which carbon emissions are captured and stored underground. California-based startup Ternion Bio Industries (Ternion Bio) has developed an innovative technology that uses algae to recycle CO2 into beneficial products, through its proprietary Photo BioReactor system. This emerging technology provides gas-emitting facilities—such as coal-burning plants, ethanol plants, petroleum refineries and manufacturing plants—a cost-effective alternative to geologic carbon capture and sequestration. Funding from the Department of Energy (DOE) would help the company advance its technology, but as an emerging growth company, competing for that funding had proven difficult.
Rigorous Investigation Helps Avoid SEC Penalty
“Pillsbury’s guidance enabled us to far surpass the high standards that apply to an independent board-level investigation. Pillsbury was expert, thorough, responsive and instilled confidence throughout.”
—Ken Goldman, Juniper Networks Audit Committee Chairman
Protecting Companies from Coerced Disclosures
“Companies that turned over confidential documents to the government during the U.S. Justice Department’s Thompson Memo era shouldn’t have to share that information with plaintiffs’ attorneys, a state appeal court ruled Wednesday.”
—The Los Angeles Daily Journal, July 31, 2008
WebEx Communications: Keeping Airline Executives Up at Night
WebEx founders Subrah Iyar and Min Zhu had an elegant idea: develop an on-demand application that replaced cumbersome and proprietary videoconferencing equipment with a web browser and a telephone. They planned to tap into the best engineering talent in Silicon Valley and Shanghai, and beat the competition to the most attractive global markets by establishing a local sales presence early on.