The House is set to vote Thursday on legislation meant to lower prescription drug prices and strengthen the individual health insurance exchanges, setting up a political minefield for Republicans who are torn between the two issues. Democratic leaders’ decision to combine legislation that would make it easier to bring generic drugs to market with bills that would bolster the 2010 health care law does not damage the prospects of passage for the package of bills. But that does make it certain that most Republicans will vote against the bipartisan drug pricing legislation. The decision to merge the bills, which Democrats say was made so that savings achieved through the drug pricing measures would pay for spending under the health insurance legislation, could open Republicans up to attacks that they voted against legislation to lower drug prices, an issue that polls show is of great concern to both Republicans and Democrats. “These are very separate issues,” said … [Read more...] about House vote combining drug, health law bills irks Republicans
Boies tops weinstein companys big law billing graveyard
In Selendy & Gay’s earliest days, before the firm had moved into its office space near New York City landmarks like Rockefeller Center and Radio City Music Hall, its founding partners couldn’t meet potential recruits in the sunlit conference rooms they now use. They couldn’t show off the artwork that adorns the firm’s hallways a year after its launch last February. There were no stately boardroom tables to sit at as they made their pitches. Instead, they found a more personal venue. Although the partners met some associate candidates in restaurants, much of the firm’s early recruiting happened in the living room of Philippe and Jennifer Selendy’s Upper West Side residence, with interviews on couches and strategy mapped out around the kitchen table. The husband and wife duo comprise half of Selendy & Gay’s top brass, alongside Faith Gay and David Elsberg—Philippe Selendy and Gay are the firm’s namesakes, while Jennifer … [Read more...] about At Selendy & Gay, One Year Tells the Tale of a Big Law Spinoff
The board of directors of The Weinstein Company said late Sunday the New York film and TV studio planned to file for bankruptcy after talks to sell it collapsed, several media outlets reported. The firm had been seeking a deal to spare it from bankruptcy after more than 70 women accused film producer Harvey Weinstein, its ex-chairman and once one of Hollywood’s most influential men, of sexual misconduct, including rape. Weinstein denies having non-consensual sex with anyone. “The Weinstein Company has been engaged in an active sale process in the hopes of preserving assets and jobs,” the board said in a statement reported by newspapers including the San Francisco Chronicle and the Los Angeles Times. “Today, those discussions concluded without a signed agreement.” The board had “no choice but to pursue its only viable option to maximize the Company’s remaining value: an orderly bankruptcy process.” There was no immediate confirmation of … [Read more...] about The Weinstein Company to file for bankruptcy
By Lynn Hulsey, Staff Writer The Dayton region’s five largest companies are in a strong position financially but all face challenges unique to their industries, as well as a common dilemma: finding workers with the right skills. RELATED: Jobs expert: ‘This is going to be an epidemic’ Together the five private businesses employ more than 33,000 workers locally, and encompass industries that are among the most vital to the region’s economic vitality.This story is part of The Path Forward, a Dayton Daily News initiative to find solutions to our community’s biggest issues. One of those issues is marking sure our local businesses are positioned for the future. For this story, we investigated the region’s top five non-government employers ranked by number of employees. They are:• Premier Health in Dayton, which has 12,233 full-time equivalent employees; Recommended for you Recommended for you Recommended for you Most read … [Read more...] about These top 5 companies drive our economy. Are they ready for the future?
It is common knowledge that many of corporate America’s general counsel start out as associates in Big Law. But for at least four prominent GCs, including the chief legal officer of General Motors, that’s not the case: They all cut their legal teeth at Beirne, Maynard & Parsons, a midsized litigation boutique that closed in 2016. The training they received at the firm, which was innovative for its time, helped prepare them for their jobs as top lawyers in corporate America, they say. “We also were early disrupters in the sense that we knew that we had to do things differently to get the kind of work that we knew the firm deserved and wanted,” said Craig Glidden, now executive vice president and general counsel of General Motors Corp. “So, we embraced some new ways of doing things.” In addition to Glidden, Timothy Hill of Chevron Phillips Chemical, Jeffrey Kaplan of LyondellBasell Industries, and Kevin Feeney of American Air … [Read more...] about Think Big Law Is Your Ticket to Success? These 4 Big-Company GCs Came From a Midsize Firm in Texas