consumer products manufacturing: news
Insurers Settle Lazare Diamond Coverage Row For $32M
July 6, 2011 -- Law360
Our representation of Lazare Kaplan International is noted in this article, which reports LKI's settlement with American and British insurance carriers. According to LKI's mandatory 8K filing, the $32 million is on top of the approximately $28 million that Herrick obtained for LKI from insurers prior to commencement of the lawsuits, thus bringing the total recovery to more than $60 million for losses stemming from the theft of LKI's diamonds. The story names Chris Sullivan and Jason D'Angelo as counsel to LKI.
Colgate Buys Unilever Business for $940 Million
March 29, 2011 -- The New York Times DealBook
This online version of DealBook -- the section of The New York Times that covers mergers, acquisitions and capital raises -- notes that Herrick represented Unilever in its $215 million acquisition of Colgate-Palmolive's Colombian laundry detergent business.
Colgate (CL) To Acquire Sanex from Unilever (UL) in $940M Deal; To Sell Colombia Unit to Unilever for $215M
March 28, 2011 -- Streetinsider.com
This story notes Herrick's representation -- in the persons of Edward B. Stevenson and Johanna L. Ferraro -- of Unilever in that company's acquisition of Colgate-Palmolive's Colombian laundry detergent business. The $215 million deal was part of a deal that saw Unilever sell its Sanex division to Colgate-Palmolive, and the coverage notes that Unilever's associate general counsel, David A. Schwartz, was instrumental in the acquisition.
Slaughters and Wachtell take lead on Colgate-Unilever double deal
March 28, 2011 -- Legalweek.com
The work of Edward B. Stevenson and Johanna L. Ferraro on behalf of Unilever, in its $215 million acquisition of Colgate-Palmolive's Colombian laundry detergent business, is noted. So too is the role played by Unilever's assistant general counsel, David A. Schwartz. The acquisition was part of a two-pronged transaction that also saw Unilever sell its Sanex division to Colgate-Palmolive.
Wachtell, Slaughter and May Advise on Colgate-Unilever Double Deal
March 25, 2011 -- The AmLaw Daily
Ed Stevenson, Johanna Ferraro and our client, Unilever's associate general counsel David Schwartz, are mentioned in this story, which describes Unilever's $215 million acquisition of Colgate-Palmolive Company's Colombian laundry detergent business.
Amazon could pay for Kindle sales coyness
December 31, 2009 -- Reuters
Stephen Fox says that public companies need not report product-specific revenues unless those revenues comprise such a significant portion of overall earnings that they are "material." He notes that there is no bright line rule on when companies must report product-specific revenues, but that the size of those earnings -- relative to overall earnings -- is one significant factor in determining materiality.
Bankruptcy Professional: Spotlight
October 8, 2009 -- Bankruptcy Professional
This Q&A profiles the career of Joshua Angel, including his recent success in bringing Ultra Stores Inc. into Chapter 11 and helping the company successfully emerge.
Selling Your Trademarked Name
July 9, 2009 -- SmartMoney.com
Barry Werbin analyzes the legal and business issues behind selling companies' trademarked names in this question-and-answer column.
Creativity Is The Key To Success
June 1, 2009 -- Mann on the Street
Herrick's bankruptcy practice is profiled in this cover story, focusing on the professional and personal creativity of the practitioners.
Consumer Goods Companies Push Ch 11 Filings Above 1,000
December 3, 2008 -- Dow Jones Newswire
Joshua Angel says that a "triple whammy" is plaguing retailers and consumer goods companies, making them prominent among kinds of companies that have filed recently for Chapter 11 protection. Retailers have lost the confidence of secured lenders and trade suppliers, and customers, who could otherwise bail them out, are "on strike," he says.
Tobacco Litigation & Tort Reform
January 11, 2008 -- CNBC
In this live network appearance, Susan Dwyer analyzes and debates tort reform as it relates to tobacco litigation.
Not All Customers Loved It At Levitz
January 9, 2008 -- The Journal News
Andy Gold is quoted in a story about how customers who paid with cash or check will likely not receive refunds on their deposits following Levitz's bankruptcy filing.
Lead Paint Litigation Is Beginning to Fade
August 21, 2007 -- National Law Journal
This story examines lead paint litigation in which Herrick represented Sherwin Williams. The story arrives at the conclusion that lead paint claims were losing steam in the courts.
Equal vs. Splenda
April 25, 2007 -- CNBC
Barry Werbin discusses the litigation between Equal and Splenda, arguing that Splenda's slogan, "It's made from sugar so it tastes like sugar," is not misleading and that Equal's claims are without merit.