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Headlines



Supreme Court Limits Multiple Patent Royalties
The Supreme Court limited the ability of companies to collect multiple royalties on their patents, the latest step by the justices to scale back the power of patent-holders. The unanimous decision, which was helpful to customers of Intel Corp., involved a longtime Supreme Court doctrine that in recent years had been eroded by the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., which handles patent cases nationally.
(Source: The Washington Post (free reg. req'd), 2008-06-09) Read the full article
Expert Predicts Mega-Buyout Deals Won't Resurface for Years
The age of the mega-buyout isn't over, but it may take a number of years for it to return, the head of one of the world's top leveraged buyout firms said. David Rubenstein, co-founder of the $81 billion Carlyle Group, said a resurgence of large buyout activity of the kind that occurred in recent years is contingent on banks selling inventories of loans used to finance previous deals.
(Source: Reuters, 2008-06-04) Read the full article
VCs Say Other Countries Catching Up with U.S. in Tech Innovation
The United States still leads the world in fostering technology innovation, but other countries are rapidly catching up, according to a global survey of about 400 venture capitalists conducted by Deloitte & Touche and the National Venture Capital Association. "Other countries want the next great startup," said Dixon Doll, general partner in Doll Capital Management in Menlo Park, a presenter of the survey.
(Source: San Francisco Chronicle, 2008-06-03) Read the full article
Investors Haven't Backed VC IPOs in Two Months
Venture capitalists continue to roll out filings of public offerings with hopes the market will give in, but public investors haven't budged in more than two months, according to Dow Jones VentureWire reports. May was the second consecutive month that no venture-backed companies have reached the public markets.
(Source: Seeking Alpha, 2008-06-02) Read the full article
Large Investors Pour Money into Farming
Huge investment funds have already poured hundreds of billions of dollars into booming financial markets for commodities like wheat, corn and soybeans. But a few big private investors are starting to make bolder and longer-term bets that the world's need for food will greatly increase -- by buying farmland, fertilizer, grain elevators and shipping equipment.
(Source: The New York Times (free reg. req'd), 2008-06-05) Read the full article
IRS Audits of Small Businesses Increased 41 Percent in 2007
The IRS has always audited more small companies than big ones, but the gap is widening significantly -- a policy that costs both the agency and its targets. The smallest companies saw the taxman 41 percent more often in 2007 than in 2005, and companies with $10 million to $50 million in assets were 29 percent more likely to be investigated, according to a new study from the Transactional Records Access Clearinghouse at Syracuse University.
(Source: CNNMoney.com, 2008-06-03) Read the full article
CEOs Credit Their Jobs as Teens as Big Influence
A large portion of the next generation of corporate leaders is likely to miss potential lessons of a teen's first summer job as they skip flipping burgers, washing cars, waiting tables, bagging groceries or other menial jobs that today's CEOs say had an influence on them.
(Source: USA Today (free reg. req'd), 2008-06-05) Read the full article
Tough Economy Causes Headache for Small Businesses
Small business is risky business these days. Costs are rising, profits are shrinking and the ability of the big guys to keep prices relatively lower is drawing away customers. Things are so bad that many small enterprises, which account for about 99 percent of the country's businesses, say they are hanging by a thread that may soon snap.
(Source: CNNMoney.com, 2008-06-09) Read the full article
Drama Runs Deep for Some Family Businesses
Well-known family businesses have long been part of the American vernacular: We stay at Marriotts, wear Gucci and Adidas, drive Fords and love or loathe Wal-Mart, named for founder Sam Walton. Although well-known family businesses may appear to be bastions of tradition, success and wealth, they often are marked by deep and damaging conflict.
(Source: USA Today (free reg. req'd), 2008-06-08) Read the full article
Headlines
Ice Miller LLP is Pleased to Announce Jennifer Rhodes Will Serve as the Executive Director and General Counsel for 3DT Holdings, LLC
Jennifer L. Rhodes
Jennifer Rhodes

Please join us in congratulating Jennifer in her expanded role with 3DT Holdings, an Indiana-based biomedical research company and client of Ice Miller.  In addition to her new role, Jennifer will continue to serve as a partner at Ice Miller in the Firm's Private Equity and Venture Services Practice Group.

3DT Holdings was founded in 2007 and holds a broad portfolio of technologies, invented or co-invented by Ghassan S. Kassab, Ph.D, that support the company's comprehensive strategy for holistically restoring and maintaining various aspects of organ function - metabolic, mechanical, electrical and hormonal.  Most of 3DT Holding's technologies can be generally characterized as addressing organ failure (e.g., aneurysm, congestive heart failure and obesity-related failures), with a cardiovascular concentration.  Through a collaboration of engineers and physicians, the company develops minimally invasive medical technologies that are designed to restore the physiology of an organ and to reduce risk, trauma, cost and procedure time.

Jennifer can continue to be reached at Ice Miller and will continue to provide legal services to her venture capital and private equity fund clients as well as entrepreneurial companies primarily focused on life science and technology industries.

Private Equity and Venture Services Practice Group

Ice Miller has been active in the private equity industry for over 25 years, representing both management teams building great companies and the private equity firms and individuals that invest in them. We have extensive experience with all types of funds (formations and operations); mezzanine and senior secured financings; leveraged buyouts, roll-ups, build-ups, and consolidations; divestitures and exits; and complex litigation on behalf of investors and privately financed companies.

Read the complete profile of the Private Equity and Venture Services Practice Group.

Tim Capen Azin Lotfi
Kristine Danz Michael Millikan
Joseph DeGroff Malene Prince
Dustin DuBois Jennifer Rhodes
Laura Edwards Brent Showalter
Edward Galbraith Scott Snively
Steven Humke John Thornburgh
Ashish Khanna Janice Wilken

 
This publication is intended for general information purposes only and does not and is not intended to constitute legal advice.  The reader must consult with legal counsel to determine how laws or decisions discussed herein apply to the reader's specific circumstances.