Responding to a flurry of product safety incidents and recalls in the last year and a half, President Bush on August 14 signed into law the Consumer Product Safety Improvement Act of 2008. The new law is the most significant overhaul of consumer product safety laws in 40 years and signifies broad bipartisan support for enhanced federal and state efforts to improve the safety of all sorts of consumer products.
On October 30, 2008, Weil Gotshal sponsored a conference in Washington, DC, titled "The Consumer Product Safety Improvement Act of 2008: The New World of Regulation and Enforcement." The conference included Acting CPSC Chairman Nancy Nord, CPSC General Counsel Cheryl Falvey, and assistant state attorneys general, among others. The program was chaired by Arvin Maskin, co-chair of Weil Gotshal's Product Liability and Mass Tort Practice, and featured Weil Gotshal counsel and CPSC expert John O'Loughlin, who chaired the panel on state powers and preemption. Mr. O'Loughlin (email@example.com) can be contacted for information on any aspect of consumer product safety.
The AmLaw Daily has named Business Finance & Restructuring partner Lori Fife "Dealmaker of the Week." The title is granted in connection with her work on the sale of Lehman Brother's Holdings Inc., assets, particularly the auction of the Neuberger Berman investment management business. The article highlights her dedication and inspired approach, which will allow Lehman's creditors to participate in the ownership of Neuberger.
Weil, Gotshal & Manges reported that Marcin Chylinski is joining its Warsaw office as a partner in the Corporate Department.
Mr. Chylinski has had many years of experience as a lawyer in international law firms, including more than two years as a managing associate in the capital markets department at Link- laters. Prior to joining Linklaters, he was with the Warsaw office of Weil Gotshal for ten years.