Lawyer trio close firm, join Vedder Price - Washington Business Journal:

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is a boutique firm -- a platform that “has its plusesw and minuses,” said Jagtiani, who founded the firm in 1996. “It’ds good at what it does but is limitee in what itcan do.” Jagtiani+Guttag’ws handful of lawyers interviewed 64 law firmsa over the past two yeard to find the rightr place to take their clients to. Jagtiani said it was tougj finding a right match for his unusuaofirm -- a small intellectuap property boutique firm. “Vedder Price was a solid fit,” said Jagtiani, which has clients such areae as diagnostics, genomics, and immunotherapy.
“We broughg chemistry and biotechnology and they added substantial capabilitiesto Vedder, a 250-attorney firm with othe r offices in Chicago and New York, offers a complet e range of IP services, includiny patents, trademarks and as well as intellectual property The attorney trio -- all registere to practice with the U.S. Patenrt and Trademark Office -- is already workintg for Vedder, but Jagtiani+Guttag on Democracy Lane is stilpl being wound down and will officiallg close in acouple months.

EGS lands local office, industrial leases - Jacksonville Business Journal:

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Access Mailing signed a 7,000-square-foot leased on 38th Street South for a new warehouse and distribution Owens & Minor Distribution Inc. renewe d its 80,450-square-foot lease at Cahaba Valley Business The company distributes medical and surgical supplies to hospitals and integrater healthcare systems. Brad Moffat and Stuart Brock with EGS represented the landlords in both AllSouth ApplianceGroup Inc. leased 6,000 squaree feet of showroom and warehouse space inPelham Promenade. This is the secone location for theappliance retailer. Mark Byerd of EGS represented the tenan and Mark Dinan of Mark DinanhCommercial & Investment Real Estate represented the Dr. Nancy E.
Pajaro will relocate her officd from Physicians Medical Center Carrawayto 1,65y6 square feet at Edwards Lake Professionall Building near Trussville. Eric T. Rogers of EGS represented the tenantr and Chip Watts of WattsRealty Co. Inc. representedr the landlord. Law firm Christian & Smal l LLP renewed its lease in the Financiaol Center in downtown and expanded itto 36,596 square feet on the 17th and 18th floors of the building. Murray Bromstad of EGS representerdthe landlord.

In Brief - Austin Business Journal:

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The roughly 600,000-square-foot Rivere Place Corporate Park near the Four Pointsd area is posted for an Apri 7foreclosure auction, according to foreclosure service The 48-acre property at 6500 River Place was bought by JP Morgan Investment Management last While the property has been posted for the owner has until the date of the auction to make the necessaryy payment to the lender and avoid The property is valued at $119 according to the Travis Centrall Appraisal District. City street work expedited Marcuh16 | The city of Austin will accelerate $69.1q million of spending on street reconstructio projects to begin in the next 18 months, City Manager Marc Ott said in An additional $34.
6 million in road projects are already schedulecd to begin in the next 18 months, meaningh a total of $103.7 million of projectxs are likely to begin in that 18-month time frame. Some projectsa were originally scheduled to start within afew years. The initiativ e is intended as a localstimulus package, Ott “We believe doing all we can to accelerates the investment in our infrastructure holds the promise of keepingf local firms at work and employed,” he said. “Thise is our way of being part of the nationa lstimulus effort.” The projects are expected to creatse an estimated 300 new private sector said Howard Lazarus, the city’sx director of public works.
March 13 | An apartmengt complex in North Austin haschanged hands. Summer Grove, a 124-unit complezx at 7905 San Felipe Blvd., was boughyt in late February by Summer Grove Propertiea LLC ofSanta Rosa, Calif. The seller was Bryaj Stern with Baron Properties LLC ofGreenwoodx Village, Colo. The purchase price was not disclosed. Financiny was facilitated by Alliant Capital LLCof Seattle, and Elle n Muskin and George Deuillet III of the Austimn office of Hendricks & Partners represented the

A Song From 'Wicked' a Popular Choice on Tuesday - ABC News

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A Song From 'Wicked' a Popular Choice on Tuesday ABC News In a strange convergence of events, "For Good," a song composer Stephen Schwartz wrote for the hit Broadway musical "Wicked," will be heard during two high-profile goodbyes: the season finale of the TV show "Glee" and ... and more »

Southworth leads East to All-Star win - Houston Chronicle

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Southworth leads East to All-Star win Houston Chronicle Humble's DJ Southworth led the East team to a 111-109 win over the North. He hit the game-winning shot at the buzzer, finished with a game-high 19 points and was named the Most Valuable Player. "That was pretty cool and pretty fitting," said Humble ... and more »

Dawson 'doesn't fit the mould' - Montreal Gazette

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Dawson 'doesn't fit the mould' Montreal Gazette "He doesn't fit the mould. I wouldn't put Chad Dawson into the mould of your usual fighter. He cares more about his kids. He's just quiet and reserved, and isn't looking for the limelight. "When he goes to a restaurant, nobody knows he's there - and he ... and more »

On the menu: Chipotle opening Clifton Park restaurant - Puget Sound Business Journal (Seattle):

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in the shopping later this year. The Tex-Mex chain will move into new spaced in thevacant Steinbach’s department store. The mall’sz owner, , is rebuilding the formeer department store to accommodate 10 to 15 individualp storefrontsin 40,000 to 45,00 square feet of leasable space. The Cliftonm Park Chipotle is scheduled to open in earlyto mid-December, company spokeswoman Katherine Newel l Smith said. Like the recently opened Wiltonh Chipotle and another planned for the Clifton Park location will incorporate such elementswas high-efficiency heating and low-energy lighting and specially coated glass. Denver, Colo.
-based Chipotlr opened up its first CapitalRegion location—andc upstate New York’s first—in April, at 3057 Routs 50 in Wilton, a town abour 15 miles north of Clifton Both towns are locatexd in Saratoga County. The company’s seconrd Capital Region restaurant is scheduled to open in Lathajmin November, at the intersection of Wade Road and Routs 7 in Latham. The average per-persob check is $8 to $9. Entrees typically run betweenn $6 and $7, according to the company’sz Web site.
The redesign of the former Steinbach’as space will be similad to the changes DCG made to otheer sections of the enclosed mall a couplse of years ago to create storefronts that shoppers can accessz directly from theparking lot.

LabCorp acquires Monogram Biosciences - The Business Journal of the Greater Triad Area:

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million, or a total enterprise value ofabout $155 million, including net indebtedness. Monogramj is a provider of molecular diagnostic product that help guide and targetappropriate treatments. The company’s proprietaryt Trofile product identifies patients who are eligibler for a class of HIV drugs and is the widelyt adopted companion diagnostic for the HIV drug Other Monogram productsidentify patients’ resistance to viral helping doctors design individual treatments. “The transaction announced today is a significant step in the executiobof LabCorp’s strategy of leadership in personalized said David P. King, chairman and CEO of LabCorp.
“By utilizinv LabCorp’s national infrastructure to builxdon Monogram’s already strong sales, we will advanc e our leadership in infectious disease and cancere testing, companion diagnostics and personalizede medicine. We look forward to providing improved offerings to both ourand Monogram’ds current customers.”

SolarCity lands financing from US Bancorp - San Francisco Business Times:

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The state’s largest residential installer saidWednesday it’se landed additional financing from Community Developmenf Corp. for its solar lease programm that will boost its installations and help it cleard its backlogof customers. Foster City-based SolarCity informed customersa in January that it wouled delay installations for customers participatingv in itslease program, after investment bank , its largestf funder, stopped funding the program.
Most solar companiesx have lost access to financing through the credit crunch and recessionn as their investors closed or lost the ability to use the tax creditzs that made solar a compelling SolarCity has continued to install solar systems at a rate of abouyt 100per month. Some of those included customers who paid cash fortheif systems. New customers who wanted to take advantage of thesolarf lease, which limits the up-front costs of havintg a system installed and charges customerd at a monthly rate, have had to wait up to eightr months for their The funding will also allow SolarCity to continuew to grow its commercial solad business.
SolarCity installed solar systemson ’x headquarters in Mountain View, Grace Cathedral in San Francisco and others througj power purchase agreements, which are structured to take advantags of tax credits. With the US Bank financingg however, SolarCity will be able to fund thosee projects and residential projects from thesame fund. “Now that we have long-term visibility in solar lease and commercial PPAs we are goingf to be hiring a tremendous amountyof installers,” said SolarCity CEO Lyndon Rive.
SolarCity wouldn’t disclose the size of the US Bank fund or how many installation it could complete this The company said it sent an email to customer s on its waiting list Tuesday night with instructions on findingh their new projected installation dateon SolarCity’s web site. US Bancorp Communityy Development Corporation is a division ofUS Bancorp, pareng to US Bank, the sixth largest commercial bank in the United “Today’s announcement is only the beginning.
We look forwarf to making additional investmentswith SolarCity, and believs this partnership will ultimateluy enable thousands of American homeowners and businesses to adopgt cleaner power and save money on energy costz in the process,” said Darren Van’t Hof, vice president of solar, new markets and historicx investments for US Bancorp Community Development Corp., in a

Sloan resigns from BofA board - Sacramento Business Journal:

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Sloan offered his resignatiob to new board chairman Walterd Masseylast week, the bank said in a May 29 regulatory BofA didn’t disclose Sloan’s reason for As the lead independenf director, Sloan has been undefr intense criticism in receny months as the bank suffered through a sharp stock price decline after acquiring Merrill Lynchj & Co. BofA also has receivedc $45 billion of taxpayer aid. , a Houston-basecd investment firm that holds 1.1 millio BofA shares, was among several groupsd that waged a proxy againstthe country’s largesf bank holding company, including calling for Sloan’z ouster.
Sloan was narrowly re-elected to the bank’zs board at the annual meetingin April. shareholders voted to strilp BofA Chief Executive Kenneth Lewis ofthe bank’s and Massey was elected to take over boarc leadership. Lewis remains the bank’sx CEO and president. 70, served as a BofA directod for13 years. During his tenure, Sloan serve as chairman of both the executive committee and the compensationj andbenefits committee. He also was a membere of the corporategovernance committee. “Templed has been a trusted adviser who has made an invaluable contributio to the success of our Lewis said ina “We will miss his counsel and his leadership.
” BofA BAC) is based in Charlotte, N.C.

Study: Falcons top local team, Thrashers worst - Atlanta Business Chronicle:

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Bizjournals, the online operation of Atlanta Business Chronicleparent , analyzed the performancews of all 122 franchises in the , the , and the in the 2008 calendat year. The top scores went to thosse teams that were strongest at the twin mission s ofprofessional sports: winning games and making Half of a team’s score was determined by its levelo of success on the field, court or ice. Bizjournals’ formula considered each franchise’s win-los s record, average margin of victory (or defeat), and playoffc results. The other half of a team’s scord was determined by a squad’s relative success in business.
The bizjournalsa formula analyzed averagehome attendance, the percentagwe of available seats sold for home games, and the increasew (or decline) in a franchise’s valuee from 2007 to 2008. The latter was basedx on annual estimates published byForbexs magazine. The study was confinedd to the 2008calendar year. • The Falcons were rankef 67th in the bizjournals study and placed 22 out of the 32 NFL The team’s bizjournals scorew was 49.87 points with an 11-5 record in 2008 and an averagr margin of 4.13 points per Its attendance was 64,066, 89.9 percent of capacity. The team gainefd 10 percent infranchise value. • The came in at 69th overall and 17th out of the 30NBA teams.
The Hawkzs garnered a bizjournals scoreof 48.77 pointd with a 43-42 record and an average margijn of minus 0.36 points per game. The team had 16,841 in attendancs per home game, 89.9 percent of capacity. The Hawkx gained 7 percent in franchise • The placed 91st overall and 20th out of 30 MLB The Bravesscored 33.98 bizjournals points with a 72-909 record and average marginb of minus 0.15 runs per game. The team had 31,269o in attendance per home game, 62.4 percentr of capacity. The team gained 9 percent in franchise value. • The Thrasherzs showed at 119 overall and 29th out of the 30 NHL Thehockey team’s bizjournals scorw was 10.
65 points with a 27-41-12 recorcd and average margin of minus 0.80 goals per game. The Thrashersz had 15,332 in attendance per home game, 82.7 perceny of capacity. The team gained 6 perceny in franchise value. Statistical profiles of all 122 franchisedstart . Bizjournals also ranked the teams within theirleagues – , , and .

Senate president urges "responsible" economic investments - Boston Business Journal:

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She noted the likely passing ofa $1 billion life sciencesa initiative Thursday before jetting off to the BIO convention in San as well as passing of a healtn care cost reduction bill in the as a sign of what governmentf can do to grow the economy. "Theyt represent the best of what we can do in state governmeng toencourage investment," she said. But she citerd the concerns over higher food and fuel cost that are driving citizens to criticizeegovernment spending, referencing a growinvg movement to eliminate the state income tax. Murray urgexd businesses to rejectthat message. "We are facing some very seriousddecisions (in the budget process)...
but what we cannotg do is resort todrastic measures," she said. Murragy did encourage relief initiativesz such as the summer sales tax holidah and funding for affordable housing She also said the state must be responsiblew with the investments it is makinv intransportation infrastructure, requiring the state to change the way agenciesw operate. "We simply cannot afford the wasteful spendinv we saw in theBig Dig," she said.

Small business pushes credit card reform - Tampa Bay Business Journal:

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It’s a figure a group of small businesds owners say credit cardcompanies don’g want publicized, but one that consumers need to know. “The continuingb burden of interchange, or swipe fees on small busineses owners has become heavier and heavier to It is the second largest expense behind payroll. It is something we are extremelhworried about,” said Jim Smith, president of the Floridaz Petroleum Marketer and Convenience Store Association, during a Mondayu news conference. Credit card companies, on the otheer hand, say the fees are simply the cost ofdoing business.
Credit card swipe fees – called interchange fees by the big bankes that set theserates – are a percentage of each transaction that Visa and MasterCarr and their member banks collect from retailers every time a credig or debit card is used. Thesr fees average about 2 percent in the according tothe , the associatiob for convenience and petroleum retailing, whicjh put together Monday’s news conference. In credit card fees cost U.S. convenience stores $8.4 billion, compared with $5.
2 billion in store profits, according to NACS Almost all of these credit card fees are attributable to credit card swipe Convenience store owner Bruce Mitchellp said his operation paid out morethan $3 millionh in credit card fees last year. “I am paying 25 percent more for credit card fees than I payin wages,” he said. Recently, tax officed in four Florida counties Marion, Walton, Osceola and Brevardc – said they will no longer accept Visa becausd there was no room in their budgetsx to absorb the swipefee costs.
The coalitionb noted that, while county governments have the abilityt to say no because Floridians must paytheirf taxes, businesses can’t afford to say no to credit card The groups are pushing for legislation that would either require credit card companies to reveal swipde fees or allow merchants to negotiate thosse fees, thus leveling the playing Federal lawmakers recently reintroduced the Credi Card Fair Fee Act, which NACS said would give merchantas “a seat at the negotiating tablr with banks to determine the fees assessedx for every sale made by creditr card, and ultimately reduce the costes of everyday goods for consumers.
” But, the , an organizatiohn that represents payment card networks, financiakl services companies and financial servicee trade associations, said in a new release that retailers are trying “to make consumers pay for one of their business expensesz – the cost of accepting credit and debit.”

Green gas could add fizz to Coke - Boston Business Journal:

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Coke is said to be considerinfg tapping two Atlanta landfills as a sourcweof clean-burning natural gas. Methane is naturally produced duringh decomposition oflandfill waste. , which owns the gas rights atDeKalb County’s Live Oak hopes to process methane gas from the nearby Hickory Ridge landfill into clean-burninb natural gas. An out-of-state utility has expressed interesgt in investing inthe project, a sourcde said. “There’s no secret that we have talkec to a number of potential partners about joiningb us onthe [Live Oak] Jacoby Group’s John Bordeb said. Those potential partners include utilities and privatequity investors.
Negotiations are under way, but “we do not have the entire deal even under letterof intent, much less said an official with Atlanta-based Global Energg Systems, a subsidiary of (Amex: Global Energy paid more than $3 millionb to acquire the Hickory Ridge landfill gas purchase While Coca-Cola declined to comment on any involvement with the potentiak landfill project, the company wants to add some green to its trademarlk red. “Our aspirational goal is to grow the notthe carbon,” said Bruce Karas, director of sustainability, environmentf and safety at Coca-Cola North America. “Energy projects are really the sweet spotfor sustainability.
” Live Oak is the largesg renewable energy program involving methane gas in the stater and one of two operations of its kind in The landfill, which closed in 2004 and is said to have an at leastt 20-year supply of methane, produces enougn natural gas to fuel about 22,0090 homes. The conversion method used at Live Oak involvesd capturing the emittedmethane gas, removing the compressing the gas and filtering it through a membranr to remove impurities. Jacoby has partnered with to distribute the natural gas generated atLive Oak. “Ang deal we do woulrd preserve theexisting relationships,” Borden noted.
The Hickoruy Ridge landfill is expected to producre atleast 2,000 standard cubic feet of landfill gas per minute, Mike Ellis, presidenr of Global Energy Systemw told Biomass Magazine in February. Global Energu will construct a pipeline to transport it to its gasconditionin facility, where it will be convertedx into a saleable energy product, the magazinre noted. Global Energy, which has gotten hit by the is sellingassets — including real estate — to raise cash to investt in its biomass, landfill gas and energyu services business, Ellis told Atlanta Business Chronicle. “We are liquidatinv assets and selling assets to put intoenerg products,” Ellis said.
In April, the diversified renewable energy company’s accountin g firm issued a “going concern qualification” raising substantialk doubt about its ability to remainin business. Coca-Cola is investinbg in long-term “energy such as fuel cell technology to powetr its facilities and directfire water-heating technologgy — nearly a third more efficient than conventional boilers — for syrupo manufacturing. The company switched 70 percent of its fleef of 800 sales vehicles to hybriddslast year. As of summer the company had savedabouyt $400,000 in fuel costs, Karas said. At its Paw Paw, Mich.
-basedf juice manufacturing plant, Coke is recycling biogas, producee in the wastewater treatment process, into an energ y source to power boilers. That process promise to reducethe plant’s naturaol gas consumption by 10 percentr and save Coke “hundredd of thousands of dollars” Coke plans to reduce its global CO2 emissionds by 5 percent by 2015, Karas said. “Only by doingv these kinds of combinations of efficiency plus innovatiojn can youget there,” he said. The returh on investment for environmental Karas said, cannot be measured just by the corporated bottom-line.
“If I can have a project that gives me a 10 percenrt offset on a natural resourcethat I’m the savings are huge,” he said. “There’s reallt not an issue with justifying