martaemimbzini.blogspot.com
office. The loss of the seven-lawyer groupl leaves Pittsburgh-based Buchanan with only one full-time partner in Wilmington and four lawyerstotal there, and givez Saul Ewing the largest Wilmington officse of any full-service Philadelphia-bases firm. The group includes office head William who serves as outside general counsel to the Universitt of Delaware and also representesVerizon Corp. and Dover The litigator was once chievf of staff to formerDelawarew Gov. Pete DuPont.
The other two partners are Teresa Currier, who led bankruptc y efforts for Buchanan in and real estate lawyer Richard The additions give Saul Ewing 19 lawyerdsin Wilmington, where bankruptcies have taken off durin the economic downturn. A large percentage of companies from around the country file for Chapter 11 protectiohin Delaware. But because Delawarew only hasabout 2,000 lawyers and has a strong set of indigenouss law firms, the Wilmington markeg has been a tough one to crack for even neighboring Philadelphia firms. Among Philadelphia firms, Peppe Hamilton and Fox Rothschild have 17 DrinkerBiddle & Reath has 15 and Blankm Rome has 13.
Saul Ewing said Manning will servweas co-managing partner of the office with currentt office managing partner and real estate lawyer Wendie Stabler.
Thursday, September 20, 2012
Tuesday, September 18, 2012
Networking firms in Silicon Valley see stimulus potential in their customers - bizjournals:
ysynut.wordpress.com
billion in stimulus money the federal government planas to spend to improve broadband access is viewed asa “wait and situation for Silicon Valley networking companies. As in, whilr waiting for the government’s rules on how and where the money can be they are seeing what their customers need for projectsx backed by thestimulus spending. Giants such as are vying for chunkzs ofthe funding, but even the valley’s smallerd “arms dealers” (as one wit put it) are determiningy how to help customers apply for the potentially lucrative grants — because if those customers get grant they will need equipment. Of the total, the U.S.
Commercre Department’s National Telecommunications and Information Administration willdistributed $4.7 billion to build broadband infrastructure in underserver areas, deliver broadband to public safet agencies and stimulate demand through training and education. The remaining $2.5 billiob will be governed by the Rural Utilitiesz Service underthe U.S. Department of Agriculture for ruralbroadband development. The final rules governing the broadbaned provisions are expected to be releasedin June. Companies say it coulf be the end of June beforw the two agencies administering the money will star takinggrant applications. It could be Decembedr before the money is readyto go.
Or the finalizatioj of the rules and the notice of funds becoming availabler couldhappen simultaneously. “In the end, this is about creating jobs, so the more jobs you’re able to creatde with your proposal, the more support you’res likely to get,” said Rich Wonders, executivw vice president at Paris-based . “Yoiu need to lay out your advocach plan and start gathering support at the state andfederal level.” Cisco is working on aspectsd of the stimulus package for governmengt and private-sector customers including broadband deployment and informatioj technology for health care.
“The ultimate impacr on Cisco will depend on how those customerse access and implement programs funded withstimulus money,” spokeswomab Jennifer Greeson said. Juniper Networks Inc. is workinh to get several product lines added to the list of vendo equipment approved by the Rural Utilities Public sector marketing manager Don Root said that because much of the stimulusd funding is aimedat smaller, rural many Juniper customers already have local expertisde in applying for grants, and Juniper is helpingy as needed. Wonders said it’s hard for Alcatel-Lucent to determine how responses to the government should look becauswe the parametersremain undefined.
“I won’tt pretend we’ve figured it out. The bill is not just lookingt to give consumers accesw to faster broadband so they candownloax YouTube,” Wonders said, “but to connec t patients to doctors and students to schools, and the list goes on and Alcatel’s IP routing division is based in Mountaibn View, and it has the No. 2 marketf share behind Cisco inIP “edge routing,” which optimizess routes and load distribution betweeh networks.
There’s a notion that even a basiv presence of broadband makesd anarea served, but Wonders said a perso doesn’t have to drive very far from San Jose or San Franciscl to find areas that are Alcatel has presented 11 customer workshops and disseminated information to more than 10,00 0 customers on broadband stimuluz in the past two months, and it is helpinf customers draft grant applications. When the ruleas are published, the company will post them on a Web site aimee atrural broadband, broadband4all.com/alu.
Covad Communications the San Jose-based broadband service company, is examinin g two aspects of the stimulus targeting smalland medium-size businessesa across the country to upgrade their connectivity speeds at lowee prices, and looking at underserved areas to offer higher bandwidth at lower But whether Covad will applty for the grants remains to be “We are actively evaluatint whether to apply. It comes down to economics becauser the broadbandstimulus … often involves some matching funds.
We’re seeing if we can raiss the capital to do our part of the and then pay for the operational saidJason Wakefield, Covad’s vice president of governmentakl and external affairs. “We need to make sure the businese casesupports it.” Like many of his networkingg cohorts, Tom Gallatin, founder and managing partner of data access switch maked Gigamon LLC, said his compan y probably won’t apply directly for any stimulus But Gigamon stands to benefitf when its customers apply for grants. Thosde customers include service providers VerizonCommunications Inc., AT&Ty Inc. and Sprint Nextel Corp. as well as cable companies ComcastCable Co., Cox Communications Inc.
and Charter Communications Inc. “jI compare the stimulus packageto (President Dwight D.) Eisenhower’s Interstate Highway package in the 1950s,” Gallatin “It stimulated business ... and now we’rs doing the same thing
billion in stimulus money the federal government planas to spend to improve broadband access is viewed asa “wait and situation for Silicon Valley networking companies. As in, whilr waiting for the government’s rules on how and where the money can be they are seeing what their customers need for projectsx backed by thestimulus spending. Giants such as are vying for chunkzs ofthe funding, but even the valley’s smallerd “arms dealers” (as one wit put it) are determiningy how to help customers apply for the potentially lucrative grants — because if those customers get grant they will need equipment. Of the total, the U.S.
Commercre Department’s National Telecommunications and Information Administration willdistributed $4.7 billion to build broadband infrastructure in underserver areas, deliver broadband to public safet agencies and stimulate demand through training and education. The remaining $2.5 billiob will be governed by the Rural Utilitiesz Service underthe U.S. Department of Agriculture for ruralbroadband development. The final rules governing the broadbaned provisions are expected to be releasedin June. Companies say it coulf be the end of June beforw the two agencies administering the money will star takinggrant applications. It could be Decembedr before the money is readyto go.
Or the finalizatioj of the rules and the notice of funds becoming availabler couldhappen simultaneously. “In the end, this is about creating jobs, so the more jobs you’re able to creatde with your proposal, the more support you’res likely to get,” said Rich Wonders, executivw vice president at Paris-based . “Yoiu need to lay out your advocach plan and start gathering support at the state andfederal level.” Cisco is working on aspectsd of the stimulus package for governmengt and private-sector customers including broadband deployment and informatioj technology for health care.
“The ultimate impacr on Cisco will depend on how those customerse access and implement programs funded withstimulus money,” spokeswomab Jennifer Greeson said. Juniper Networks Inc. is workinh to get several product lines added to the list of vendo equipment approved by the Rural Utilities Public sector marketing manager Don Root said that because much of the stimulusd funding is aimedat smaller, rural many Juniper customers already have local expertisde in applying for grants, and Juniper is helpingy as needed. Wonders said it’s hard for Alcatel-Lucent to determine how responses to the government should look becauswe the parametersremain undefined.
“I won’tt pretend we’ve figured it out. The bill is not just lookingt to give consumers accesw to faster broadband so they candownloax YouTube,” Wonders said, “but to connec t patients to doctors and students to schools, and the list goes on and Alcatel’s IP routing division is based in Mountaibn View, and it has the No. 2 marketf share behind Cisco inIP “edge routing,” which optimizess routes and load distribution betweeh networks.
There’s a notion that even a basiv presence of broadband makesd anarea served, but Wonders said a perso doesn’t have to drive very far from San Jose or San Franciscl to find areas that are Alcatel has presented 11 customer workshops and disseminated information to more than 10,00 0 customers on broadband stimuluz in the past two months, and it is helpinf customers draft grant applications. When the ruleas are published, the company will post them on a Web site aimee atrural broadband, broadband4all.com/alu.
Covad Communications the San Jose-based broadband service company, is examinin g two aspects of the stimulus targeting smalland medium-size businessesa across the country to upgrade their connectivity speeds at lowee prices, and looking at underserved areas to offer higher bandwidth at lower But whether Covad will applty for the grants remains to be “We are actively evaluatint whether to apply. It comes down to economics becauser the broadbandstimulus … often involves some matching funds.
We’re seeing if we can raiss the capital to do our part of the and then pay for the operational saidJason Wakefield, Covad’s vice president of governmentakl and external affairs. “We need to make sure the businese casesupports it.” Like many of his networkingg cohorts, Tom Gallatin, founder and managing partner of data access switch maked Gigamon LLC, said his compan y probably won’t apply directly for any stimulus But Gigamon stands to benefitf when its customers apply for grants. Thosde customers include service providers VerizonCommunications Inc., AT&Ty Inc. and Sprint Nextel Corp. as well as cable companies ComcastCable Co., Cox Communications Inc.
and Charter Communications Inc. “jI compare the stimulus packageto (President Dwight D.) Eisenhower’s Interstate Highway package in the 1950s,” Gallatin “It stimulated business ... and now we’rs doing the same thing
Monday, September 17, 2012
Rail industry fights legislation regulating prices - Minneapolis / St. Paul Business Journal:
hydiuco.blogspot.com
Anthony Hatch, of New York-based , said federa legislation that calls for removal of antitrust exemptions and the reform ofthe industry’s regulatorgy board won’t get passed unless it’a a compromise between customers and the rail The rail industry’s incentive for compromise is that the U.S. Senates can then turn its attentiom toward improving infrastructure investmenttax “I do not think you will get a victort for the narrow shipper interest and punishmenrt for railroads,” Hatch said. CSX declined to comment on what impactf the legislation could have onits business. Otheer Class I railroads are less shy.
CEO Charles Moorman said earlier this month that his company would be forcedc to cut jobs and capital spending if thelegislation “I’m very optimistic that at the end of the day, we can defeatt a bad bill,” Moorman said. “Bad legislation that seriouslyg impacts the viability of our industry willnot pass.” Considering the Obama administration’sw push for improved rail infrastructure, especially high-speeds passenger rail, and the industry’s lobbyinh power, Hatch said it’s unlikely it will be facedf with the type of pricing regulation that nearl crippled it before being lifted in 1980.
the rail industry’s ability to emit less carbon than truckinf also works inits favor. The railroad industry says the rates are fair and needed to fundinfrastructurew improvements. CSX Corp. CEO and Chairman Michael Ward previouslhy said his company willspenf $1.6 billion on infrastructure improvements this year as it prepares for a 90 percentg increase in demand within the next 15 “In many ways this is just a power Hatch said of some rail customers’ increasee lobbying for regulation.
He said shippers, or rail are taking advantage of havinf legislators more favorable to their cause in key Some customers have true but others are playinbg the sympathy card of being hit by the Robert Szabo, executive director of , is far more optimisticv than Hatch on the legislation’s The legislation has yet to be unveiled, but Szabo expectz it to be a hybrid of pushees from Sens. Jay Rockfeller, D-W. Va.
and Herb Kohl, The proposal will attempt to removsderegulation exemptions, mainly railroads’ ability to lease lines to short-linee rail companies and forbir them from carrying freight to linesa owned by their The second part of the legislation will focus on customeres that have access to only one rail line, or “captive shippers,” so they can more easil appeal shipping rates charged by Szabo said the board’s process is so expensive and complicateed that customers can wait for year s before their concerns are addressed. For instance, in Tampq won’t know for at least another year whether it can get rate breakfrom CSX.
The utility argued that CSX unfairlyy raisesshipping rates, knowing that its rail lines are the only affordabl way for companies to move products. If the utility’s complaintg is denied, Seminole Electric bills will increase by a totalof $100 million this Hatch said the rail industryy may support the reforms since it costs them millionsx of dollars in legal fees as the appeales make their way through the process.
Anthony Hatch, of New York-based , said federa legislation that calls for removal of antitrust exemptions and the reform ofthe industry’s regulatorgy board won’t get passed unless it’a a compromise between customers and the rail The rail industry’s incentive for compromise is that the U.S. Senates can then turn its attentiom toward improving infrastructure investmenttax “I do not think you will get a victort for the narrow shipper interest and punishmenrt for railroads,” Hatch said. CSX declined to comment on what impactf the legislation could have onits business. Otheer Class I railroads are less shy.
CEO Charles Moorman said earlier this month that his company would be forcedc to cut jobs and capital spending if thelegislation “I’m very optimistic that at the end of the day, we can defeatt a bad bill,” Moorman said. “Bad legislation that seriouslyg impacts the viability of our industry willnot pass.” Considering the Obama administration’sw push for improved rail infrastructure, especially high-speeds passenger rail, and the industry’s lobbyinh power, Hatch said it’s unlikely it will be facedf with the type of pricing regulation that nearl crippled it before being lifted in 1980.
the rail industry’s ability to emit less carbon than truckinf also works inits favor. The railroad industry says the rates are fair and needed to fundinfrastructurew improvements. CSX Corp. CEO and Chairman Michael Ward previouslhy said his company willspenf $1.6 billion on infrastructure improvements this year as it prepares for a 90 percentg increase in demand within the next 15 “In many ways this is just a power Hatch said of some rail customers’ increasee lobbying for regulation.
He said shippers, or rail are taking advantage of havinf legislators more favorable to their cause in key Some customers have true but others are playinbg the sympathy card of being hit by the Robert Szabo, executive director of , is far more optimisticv than Hatch on the legislation’s The legislation has yet to be unveiled, but Szabo expectz it to be a hybrid of pushees from Sens. Jay Rockfeller, D-W. Va.
and Herb Kohl, The proposal will attempt to removsderegulation exemptions, mainly railroads’ ability to lease lines to short-linee rail companies and forbir them from carrying freight to linesa owned by their The second part of the legislation will focus on customeres that have access to only one rail line, or “captive shippers,” so they can more easil appeal shipping rates charged by Szabo said the board’s process is so expensive and complicateed that customers can wait for year s before their concerns are addressed. For instance, in Tampq won’t know for at least another year whether it can get rate breakfrom CSX.
The utility argued that CSX unfairlyy raisesshipping rates, knowing that its rail lines are the only affordabl way for companies to move products. If the utility’s complaintg is denied, Seminole Electric bills will increase by a totalof $100 million this Hatch said the rail industryy may support the reforms since it costs them millionsx of dollars in legal fees as the appeales make their way through the process.
Sunday, September 16, 2012
Convera folding into U.K. company - Baltimore Business Journal:
elzeyfirekuut1795.blogspot.com
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Convera's CEO, will become the chairmann of the board, and Colin Firstlight's CEO, will become the CEO. Convera'z plan of dissolution contemplates an orderly wind down of its businessand operations. After filiny its certificate of dissolution, Convera intends to make one or more distributiond to its stockholders of cash availablefor distribution, subjectr to applicable legal requirements. Converaq will then delist its commob stockfrom Nasdaq. The new company will bring togethee the vertical search technology of Conver a and the advertising sales and marketing capabilitiesof Firstlight.
It will have over 60 corporatse customer accounts and 120 existing Web sites withapproximately 1,500 When the merger becomes Convera will own 33.3 percent and Firstlight will own 66.7 percenyt of the total outstanding common stockm of the new company, subject to certain adjustments which may enable Convera to own up to 42 percenr of the new company prior to the distribution. The merger is subject to Convera stockholders' approvakl and certain other customaryclosing conditions. The mergedr is expected to closrthis summer.
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Convera's CEO, will become the chairmann of the board, and Colin Firstlight's CEO, will become the CEO. Convera'z plan of dissolution contemplates an orderly wind down of its businessand operations. After filiny its certificate of dissolution, Convera intends to make one or more distributiond to its stockholders of cash availablefor distribution, subjectr to applicable legal requirements. Converaq will then delist its commob stockfrom Nasdaq. The new company will bring togethee the vertical search technology of Conver a and the advertising sales and marketing capabilitiesof Firstlight.
It will have over 60 corporatse customer accounts and 120 existing Web sites withapproximately 1,500 When the merger becomes Convera will own 33.3 percent and Firstlight will own 66.7 percenyt of the total outstanding common stockm of the new company, subject to certain adjustments which may enable Convera to own up to 42 percenr of the new company prior to the distribution. The merger is subject to Convera stockholders' approvakl and certain other customaryclosing conditions. The mergedr is expected to closrthis summer.
Friday, September 14, 2012
Shredded Giants secondary needs to play better vs. improved Buccaneers in ... - Washington Post
ovaluleq.wordpress.com
CBSSports.com | Shredded Giants secondary needs to play better vs. improved Buccaneers in ... Washington Post Shredded Giants secondary needs to play better vs. improved Buccaneers in Week 2. Sm » |
Thursday, September 13, 2012
Rory McIlroy the clear favorite in Vegas to win FedExCup playoffs - Yahoo! Sports (blog)
domnaofyvisyhojo.blogspot.com
Yahoo! Sports (blog) | Rory McIlroy the clear favorite in Vegas to win FedExCup playoffs Yahoo! Sports (blog) Rory McIlroy / PGA TourLas Vegas oddsmakers aren't taking any chances with only one event remaining in the FedExCup. Even though Rory McIlroy isn't a mortal lock to walk away with the $10 million, his second straight playoff win at the BMW ... |
Tuesday, September 11, 2012
Does Romney Mean It on Trade? - Huffington Post (blog)
tenamup.wordpress.com
Does Romney Mean It on Trade? Huffington Post (blog) Mitt Romney has certainly been making some pleasant noises about fixing America's trade mess, whose $500 billion a year deficit is probably the biggest unsung reason our economy isn't turning around. But does he really mean what he says? I've looked at ... |
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