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Richard Cullen to become Youngkin’s counselor
Former McGuireWoods chairman to leave firm on Jan. 14
Gov.-elect Glenn Youngkin has selected former Virginia Attorney General Richard Cullen as counselor to the governor. A senior partner and former chairman of McGuireWoods, Cullen will leave Virginia’s largest firm on Jan. 14, the day before Youngkin is sworn in. Cullen joined McGuireWoods in 1977. From 1991 to 1994, he served as U.S. attorney for
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Altria can’t sell IQOS device in U.S. after ITC ruling stands
Biden administration did not interfere
Published
Henrico County-based Altria Group Inc. and former subsidiary New York-based Philip Morris International Inc. can no longer sell the IQOS tobacco heating device in the U.S. after the Biden administration’s 60-day administrative review process concluded Monday. On Sept. 29, the U.S. International Trade Commission determined that the IQOS device violated two of rival R.J. Reynolds
Wind of change
Supercentenarian law firm builds on pro-business foundation
Published
Over its 120 years, Hunton Andrews Kurth LLP has seen — and made — a lot of history. Since a quartet of ambitious and talented Richmond attorneys joined forces in 1901 to start the law firm of Munford, Hunton, Williams & Anderson, the practice has not only produced an array of legal luminaries, including U.S.
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Former LeClair Ryan execs reach $10M settlement
Firm founder, CEO, others reached agreement with bankruptcy trustee and insurer
Published
Former executives at Richmond-based LeClair Ryan PLLC have reached a settlement with the firm’s insurer and bankruptcy trustee over $10 million in pending claims, according to a report from The American Lawyer. The firm’s liability insurer, Columbia Casualty, agreed to pay the firm’s trustee, Lynn Tavenner, $9.425 million to resolve claims including conspiracy and breach
Williams Mullen names next chief operating officer
Wyatt S. Beazley IV has been with the firm since 1992
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Wyatt S. Beazley IV will be Richmond-based law firm William Mullens’ new chief operating officer, the firm announced Tuesday. Beazley will oversee the firm’s operations throughout Virginia, North Carolina and South Carolina. “Wyatt has a deep understanding of both the business operations and the culture at Williams Mullen,” Williams Mullen President and CEO Woody Fowler
Murphy & McGonigle appoints new Va. managing partner
Katherine McGrail is the firm's litigation shareholder and chief DEI officer
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New York-based financial services law firm Murphy & McGonigle announced Monday that Katherine McGrail, its litigation shareholder and chief diversity, equity and inclusion officer, will become the new managing partner of its Virginia office, located in Glen Allen. She will serve on the executive committee. “The perspective and experience of Kate, as our lead diversity
GTT Communications to file for Chapter 11 bankruptcy
McLean company plans to file after closing sale of infrastructure division
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McLean-based telecommunications company GTT Communications Inc. is planning to file a prepackaged chapter 11 case after it closes the previously announced sale of its infrastructure division to Miami-based I Squared Capital, it announced Thursday. After the completion of the $2.15 billion sale, GTT and some subsidiaries will file their cases in the U.S. Bankruptcy Court
FTC fines Capital One CEO for failing to file stock transaction
Richard Fairbank incurs $637,950 civil penalty over alleged Hart-Scott-Rodino Act violation
Published
The Federal Trade Commission fined McLean-based Capital One Financial Corp. CEO Richard Fairbank a $637,950 civil penalty for violating antitrust laws in finalizing stock acquisitions, the FTC announced Thursday. The settlement must be approved by the U.S. District Court for the District of Columbia. The FTC alleged that Fairbank violated the Hart-Scott-Rodino (HSR) Antitrust Improvements
Caution ahead
Volatile new laws complicate virus cases
Published
This year was expected to be a rough one for employers, following predictions of a coming tidal wave of costly employee lawsuits and labor complaints powered by the COVID-19 pandemic and last year’s racial justice protests. So far, though, that onslaught of litigation hasn’t materialized. Why not? Partly because the pandemic itself closed courts for
McGuireWoods promotes Herring to Richmond office managing partner
Former Richmond prosecutor joined firm in 2019
Published
Former Richmond Commonwealth’s Attorney Michael Herring has been appointed managing partner of McGuireWoods’ Richmond office, the law firm announced Monday. After 13 years as Richmond commonwealth’s attorney, Herring resigned in 2019 to accept a position as a partner at McGuireWoods. Herring specializes in commercial litigation, government investigations and white collar criminal defense matters. Prior to