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Citizen Watch Completes Acquisition of Bulova Corporation
Law Firm News |
2008/01/16 01:10
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Paul, Weiss client Citizen Watch Co., Ltd. of Japan completed its purchase of Bulova Corporation from Loews Corporation for approximately $250 million in cash. New York-based Bulova Corporation's primary business is the sale of watches under the Bulova, Accutron, Caravelle and Wittnauer brands. Citizen expects the purchase of Bulova to help expand its U.S. presence. The Paul, Weiss team was led by counsel Scott Grader and included corporate partners Toby Myerson and Kaye Yoshino, counsel Didier Malaquin and associates Adriana Hristova, Cory Kampfer, Marta Kelly, Ari Nishitani, Mie Ono and Julian Wong; environmental counsel William O'Brien; employee benefits partner Larry Witdorchic and associate Lauri Penn; real estate partner Peter Fisch and associate Stephan Steiner; tax partner Jeff Samuels, counsel Alyssa Wolpin and associate David Levine; intellectual property associates Julie Feldman and Zoe Hilden; and paralegal Miya Ukawa. Partner Joe Simons also provided advice on antitrust issues.
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet. |
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