COMPANIES

Cadwalader, Wickersham & Taft has reportedly poached on as many as nine partners from McDermott Will & Emery and dozens of associates are also expected to make the move in the coming days.

Freshfields Bruckhaus Deringer and Linklaters have topped the list of legal advisers to European mergers and acquisitions (M&A) by value and volume in 2010, according to Legal Week.

The Washington D.C. Court of Appeals, for the first time since 1900, has decided not to impose disbarment as a sanction on a lawyer found guilty of intentionally misappropriating client funds because the was, in intent and effect, in the best interest of his ward.

American Bar Association (ABA) president Stephen N. Zack has strongly condemned the unfair trial and sentencing of an Iranian human rights lawyer Nasrin Sotoudeh.

A New York federal judge has dismissed a class-action lawsuit that was seeking to force Philip Morris USA Inc. to pay for medical monitoring program for Marlboro smokers.

Algeria expects oil production to remain steady in 2011, while liquefied natural gas (LNG) supply contracts will be met despite reduced capacity, the head of state-owned energy giant Sonatrach said on Tuesday.

South African logistics group Transnet said on Tuesday it would reopen a coal export line leading to the Richards Bay coal export terminal at 1400 GMT after a derailment over the weekend.

The average price of the top Kenyan tea grade edged higher to $3.83 per kg at this week's auction from $3.81 per kg at the previous sale, although many lower quality teas remained unsold, brokers said.

State Bank of Mauritius, the Indian Ocean island's second-largest bank, said on Tuesday first-half pretax profit rose 8.5 percent, boosted by dividend income, disposals, fees and commissions.

New vehicle imports into Nigeria declined 18 percent in 2010, reflecting weak credit growth in sub-Saharan Africa's second-biggest economy in the wake of a $4 billion bank bailout the previous year.

Algeria's state-run power utility plans to spend at least 8 billion euros on the construction of 10 power plants by 2018, the official APS news agency reported on Tuesday.

Taco Bell was hit with a class action lawsuit alleging that the company falsely advertises certain products as season ground beef or season beef, when in fact they are actually made from taco meat filling.

Research by a UK-based independent property investment consultancy found that the property was considered a better investment than gold and shares for investors to invest their cash to make profit.

Silicon Valley billionaire, Tom Siebel, founder of CRM vendor Siebel Systems, has sold his 62,000-acre Montana cattle ranch for $45 million.

Google released a new Keep my opt-out extension for its Chrome browser in an attempt to uphold the users right to be left alone even as its competitor Mozilla added a do-not-track feature to allow users to bar third-party, advertsing targeted tracking.

Google takes a shot at Apple Air Print feature, launches its own Cloud Print beta for mobile documents and Gmail for mobile.

General Motors plans to add 750 jobs at its Flint Assembly, Michigan to produce Chevrolet Silverado and GMC Sierra heavy-duty pickups.

British financial software provider Misys Plc reported a 23 percent rise in pretax profit for the first half largely from net finance income, reflecting significant lower debt compared with last year.

Britain's water services group Severn Trent Plc said it expects exceptional charges of around 20 million pounds to 25 million pounds for the full year, mainly related to ongoing efficiency improvements and accelerated deprecation of assets.

A U.S. International Trade Commission judge has issued an initial determination that Eastman Kodak Co's patent claim against Apple Inc and Research In Motion Ltd is invalid, Kodak said.

Despite a series of high-profile recalls and safety issues, Japanese auto major Toyota Motors still managed to beat General Motors in total unit sales and remain the largest car manufacturer in the planet.

Regis Philbin, who recently quit his lucrative gig as host of “Live With Regis & Kelly,” might also be losing his endorsement deal with TD Bank, which has made him a familiar figure through its television commercials. Kelly Ripa also appeared in the ads.

General Motors Co. (NYSE: GM) said it sold more vehicles in China than it did in the U.S. in 2010, making it the first time in the automaker’s 102-year history that sales in a foreign country surpassed domestic sales.

Chinese budget carrier Spring Airlines has resumed a long-delayed plan to sell shares publicly in Shanghai to fund expansion, the China Business News reported on Monday, citing unidentified company sources.

Near field communications (NFC) chips will be implemented in Visa credit and debit cards and used for touch and go technology at McDonald's in the U.K.

J.C. Penney (NYSE: JCP) agreed to name William Ackman to its board of directors after the activist investor became the department store chain’s largest shareholder.

The U.S. Treasury's toxic asset funds have gained 27 percent since they were created to help revive the mortgage-backed securities market, according to data expected to be released later on Monday.

South Africa expects to seal a deal with buyers in Saudi Arabia and India for about 100,000 tonnes of its surplus maize before the end of February, a senior government official said on Monday.

Favourable weather and currencies boosted Kenya's 2010 tea crop and export earnings to record levels, and the sector overtook horticulture as the country's top hard currency earner, officials said on Monday.