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Downtown Los Angeles Revival Going Strong
Business Law Info | 2007/02/15 00:32

Downtown Los Angeles is undergoing a real estate revival of epic proportions. And the Los Angeles Urban Redevelopment Group and its people are in the thick of it.



In just the last few years, the number of downtown residents has increased by over 30%, from 18,000 to 24,000. Early next year, the Ralph's supermarket chain will be opening the first new supermarket in the downtown area in decades. And bistros, bookstores and coffeehouses are sprouting on the ground floors of numerous historical buildings that have been redeveloped over the last few years into loft-type residences.

Although business has long been L.A.'s heart, its arts and cultural institutions have given life to its soul in recent years. Each year, thousands come to watch Esa -Pekka Salonen conduct the Los Angeles Philharmonic at the Frank Gehry-designed Walt Disney Concert Hall; view avant-garde works at the Museum of Contemporary Art; or tour the magnificent Cathedral of Our Lady of the Angels.

Free outdoor concerts by Grand Performances at California Plaza during the summer months offer an eclectic mix of music, dance and spoken word programs. The Museum of Neon Art houses a unique collection of neon signs from many Los Angeles landmark buildings.

Nearby Exposition Park draws hundreds of thousands of people annually to the California Science Center and IMAX, Natural History Museum and California African-American Museum. The City's ethnic diversity is also reflected by the Japanese American National Museum located in Little Tokyo.

World-class athletic teams and venues offer sports fans a wealth of choices: the Dodgers at their longtime home in Chavez Ravine just north of the Downtown Center District; plus the Kings, Lakers, Avengers, Sparks and Clippers playing at the Staples Center.

The Los Angeles Urban Redevelopment Group's unmatched track record in Downtown spans from the pioneering sale of the first major loft conversion at the Historic Bank District, the 1½ city block Gas Company land assemblage, and the placement of the first major supermarket in Downtown in over 45 years – a 50,000 square foot Ralphs grocery store.  Each of the aforementioned transactions have one common thread: the Los Angeles Urban Redevelopment Group defied what current market conditions were dictating and uncovered value for both sides of the transaction based upon our insight into the upside of Downtown Los Angeles.

Downtown Los Angeles is finally becoming the world-class live/work/play location that it's always been destined to be. And the Los Angeles Urban Redevelopment Group is very much a part of it.


Putin criticizes US foreign policy
Legal World News | 2007/02/11 06:20

Russian President Vladimir Putin Saturday criticized what he called the "dangerous" use of force by the United States in the face of international law in a hard-hitting speech at the 43rd Munich Conference on Security Policy.

Speaking to a forum of over 250 participants from more than 40 countries, Putin said the almost "uncontained" use of US force had overstepped the scope of its sovereignty in the pursuit of its national interests, and observed that the Bush administration's doctrine of preventive war was destabilizing as other states were more likely to engage in nuclear proliferation when they thought they were in danger.

"We are witnessing an almost uncontained hyper use of force in international relations ... the United States has overstepped its national borders in every way," said Putin at a high-profile security conference in southern German city of Munich.

"The legitimate use of force can only be done by the United Nations, which cannot be replaced by EU or NATO," he said.

Putin criticized the Organization for Security and Cooperation in Europe (CSCE) for becoming a "vulgar instrument for ensuring foreign policy of one country."

He also sharply criticized the planned development of 10 anti-ballistic missiles systems by the U.S. in Poland and the Czech Republic, vowing that Russia would develop cheaper, asymmetrical systems to overcome the threat.

On the expansion of the North Atlantic Treaty Organization (NATO), Putin said "NATO expansion is a serious factor which reduces the level of mutual trust."



Rights group urges Iraqi court to spare Saddam VP
Legal World News | 2007/02/11 06:16

Human Rights Watch (HRW) urged the Iraqi High Tribunal (IHT) Sunday to spare the life of former Iraqi Vice President Taha Yassin Ramadan citing a lack of evidence tying him to the 1982 Dujail killings for which he is charged. The court reconvenes on Monday to determine whether Ramadan's life sentence should be abandoned in favor of the death penalty.

Ramadan was convicted in November in connection with crimes against humanity committed in the town of Dujail in 1982. The IHT Appeals Chamber ruled December 26 in its decision upholding Saddam Hussein's death sentence that the life sentence for Ramadan was too lenient and ordered the trial court to re-sentence him. On Thursday, UN High Commissioner for Human Rights Louise Arbour filed an amicus brief with the court arguing that imposing the death penalty would be a violation of Iraq's obligations under the International Covenant on Civil and Political Rights.



North Korea Talks at a stand still
Legal World News | 2007/02/09 17:27

BEIJING – Envoys to international talks on ending North Korea's nuclear weapons program struggled Friday to find a compromise as differences emerged over a Chinese proposal on how to begin disarmament.

Christopher Hill, the main U.S. envoy to the talks, said all sides agreed on the proposal's broader issues. Hill said the remaining issues focused on a single paragraph of the Chinese proposal for a set of reciprocal steps aimed at implementing a 2005 deal that calls for North Korea to disarm in exchange for security guarantees and aid.


Hill said the envoys were working to rewrite the text to address North Korea's concerns. He did not give any details.

“I think we can be cautiously optimistic,” Hill said after a two-hour lunch meeting with his North Korean counterpart, Vice Foreign Minister Kim Kye Gwan, in the first bilateral session between the two sides at this week's talks.

Japan's envoy, Kenichiro Sasae, said while there was consensus on some points, but that there was no prospect of an imminent agreement.

“There are some parts in which we had progress but on others we ran into difficulty. We will continue with the talks, but at this point in time I don't feel there is a prospect of reaching an agreement,” Sasae said.

Kim said the meeting led to agreement on some unspecified issues, although there were still issues to overcome. “We are going to make more efforts to resolve them,” Kim said.

Late Thursday after the first day of talks, China distributed a draft agreement to the nuclear envoys from China, Japan, the two Koreas, Russia and the United States.

The proposal – presented after North Korea agreed in principle to take initial steps to disarm – would grant the communist nation unspecified energy aid for shutting down its main nuclear facilities within two months, South Korea's Yonhap news agency reported.

Officials declined to confirm details of the draft.

Hill said earlier Friday he saw “differences” among the delegations over the draft deal.

A South Korean official also cautioned against being too optimistic. The official, who spoke on condition of anonymity because of the issue's sensitivity, said it is “not as easy as expected to produce a result due to differences in positions and a conflict of interests.”

Both Hill and the South Korean official declined to elaborate on what the differences were.

But a pro-Pyongyang newspaper in Japan said the North wants the U.S. first to show that it has permanently ceased its “hostile” policy toward Pyongyang.

“As conditions mature, (North Korea) can halt the operation of the Yongbyon nuclear facilities,” the Choson Sinbo said, referring to the site of the North's main nuclear complex north of Pyongyang.

“The (North)'s position is that it can take corresponding measures when the U.S. takes steps to show that it irreversibly gave up its hostile policy,” it said.

The report, carried on the paper's Web site, cited a “diplomatic source well versed in” the negotiations. The paper, with links to the government in Pyongyang, is considered one of the North's propaganda tools.

Any agreement on an initial set of reciprocal moves to implement a September 2005 accord – in which North Korea pledged to disarm in exchange for aid and security guarantees – would set the stage for the first tangible steps in the often-delayed six-nation process.

The 2005 deal, a broad statement of principles that did not outline any concrete steps for dismantling North Korea's nuclear program, was the only agreement since the negotiations began in 2003.

At the last session of the arms negotiations in December, following North Korea's Oct. 9 underground nuclear test, the North refused to even talk about its nuclear programs. Instead, it demanded the U.S. lift financial restrictions targeting alleged North Korean counterfeiting and money laundering.



PokerTek being sued by Tellis for Breach & Fraud
Court Feed News | 2007/02/08 23:10
AUSTIN, Texas- Barry & Loewy LLP today announced it has filed a multimillion-dollar lawsuit against PokerTek, Inc. (NASDAQ:PTEK) and its Chief Executive Officer, Lou White, for breach of contract and fraud.

The suit was filed on behalf of TELLIS Software, Inc. (“TELLIS”), a Texas software development company. The suit alleges that PokerTek contracted with TELLIS in 2004 to develop the software to run its PokerPro™ electronic poker tables. In exchange for the software, the contract required that PokerTek compensate TELLIS by granting it equity in PokerTek, and providing monetary compensation.

TELLIS fulfilled its contractual obligations and developed the software for PokerTek. However, once PokerTek received the software, the suit alleges it illegally breached its contract with TELLIS and refused to compensate the company for the software.

“In our view, PokerTek took TELLIS’ software without fully paying for it,” stated attorney Adam Loewy, of Barry & Loewy LLP. “With this lawsuit, we hope that PokerTek finally compensates our client for the software, as they originally promised to do.”  The suit is seeking millions of dollars in actual and punitive damages. The suit is filed in the Galveston Division of the Southern District of Texas (case number: 3:07-cv-00072).

If you would like to discuss this action or receive a copy of the lawsuit, please contact attorney Adam Loewy via email at aloewy@barryloewy.com or via telephone at 800-892-5044.

Barry & Loewy LLP is a Texas-based trial law firm with offices in Austin, San Antonio and Houston. The firm is active in major litigations pending in federal and state courts throughout the United States. The Barry & Loewy website (http://www.barryloewy.com) has more information about the firm.


Survey - Majority of Law Firms Lack Succession Plans
Headline News | 2007/02/08 18:02
TORONTO, Feb. 8  - Partners or senior lawyers depart from every law
office at one time or another, yet most firms don't plan for this eventuality.
In a recent survey, 53 per cent of lawyers polled said their law firm or legal
department does not have a formal succession plan in place for key positions.
   The survey was developed by Robert Half Legal, a leading staffing service
specializing in lawyers, law clerks, paralegals and other highly skilled legal
professionals. It was conducted by an independent research firm and includes
responses from 300 lawyers among the 1,000 largest law firms and corporations
in the United States and Canada. All respondents have at least three years of
experience in the legal field.
   Lawyers were asked, "Does your law firm/corporate legal department
currently have a formal succession plan in place for key leaders and
managers?" Their responses:

                    Yes.......................... 41%
                    No........................... 53%
                    Don't know...................  6%
                                                 ----
                                                 100%

   "It's understandable that succession planning may sometimes take a back
seat to billable work or urgent legal matters, but law offices should not wait
until a leader departs to begin the process," said Charles Volkert, executive
director of Robert Half Legal. "Creating and implementing a succession plan is
not a quick task - it can take many years to identify and groom a lawyer for
an advanced leadership role."
   Volkert recommends that law offices begin by choosing high-potential
employees, providing them with ongoing mentoring and including them in
strategy discussions relating to the operation of the firm or department.
   "Succession candidates must be given ample opportunity to build their
skills and leadership abilities in practice management, new business
development, marketing, strategic planning and client service," Volkert said.

   About Robert Half Legal

   Robert Half Legal is the legal staffing division of Robert Half
International. The company provides law firms and corporate legal departments
with highly skilled professionals, including lawyers, law clerks, paralegals
and legal support personnel, on a project and full-time basis. Robert Half
Legal offers online job search services at www.roberthalflegal.com.


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