Chambliss, Bahner and Stophel Attorneys Receive Special Honor
Three attorneys with Chambliss, Bahner & Stophel, P.C., have been honored as Client Service All-Stars by BTI Consulting Group in its 13th annual review of outstanding lawyers recommended by the nation’s leading corporations. William P. Aiken, Richard W. Bethea and William H. Pickering are among an exclusive group of 330 attorneys recognized for providing exceptional service and value to their clients. Only one other Tennessee attorney was named as an All-Star by BTI.
Aiken, Bethea and Pickering were also part of a select group named by BTI as Client Service MVPs—lawyers who have received All-Star recognition for two or more consecutive years. Pickering was honored as a 4-Year MVP and was one of only three attorneys in the nation to be named as an All-Star for four consecutive years. Aiken was one of only 12 attorneys honored as a 3-Year MVP, and Bethea was recognized as a 2-Year MVP.
“A recognition like this, based exclusively on client nominations, is truly an honor,” said Dana Perry, president and managing shareholder of Chambliss. “We strive every day to act as partners with our clients and to provide the best value and service possible. This distinguishing acknowledgement is a pat on the back for the entire Chambliss team and an exceptional honor for these three attorneys.”
Aiken was recognized by BTI for his work in commercial contracts and business transactions. His practice also includes corporate and securities law and mergers and acquisitions for clients in several business and manufacturing sectors. Aiken is listed in The Best Lawyers in America for Corporate and Mergers and Acquisitions and has been honored by that publication as the Chattanooga Corporate Law Lawyer of the Year.
Bethea was recognized for his work in product liability defense. He focuses his practice on the trial of complex business cases, with particular emphasis on product liability defense, manufacturers' risk prevention, patent infringement, misappropriation of trade secrets, and commercial and consumer finance claims. He is listed in The Best Lawyers in America for Product Liability Litigation and other complex litigation.
Pickering was recognized for his work in labor and employment law. He serves as labor counsel for some of the Chattanooga area's largest manufacturers and has been lead counsel in complex business and employment litigation in several states. Pickering is listed in The Best Lawyers in America for Labor and Employment Law and Labor and Employment Litigation.
The BTI Client Service All-Stars List is the only continuous, independently researched benchmark study of client expectations and needs in the legal industry. Attorneys are selected for their exceptional commitment to client service, including the lawyer’s focus on the client’s needs, innovation, understanding of the client’s business, exceptional legal skills, outsized value and outstanding results. With self-nominations forbidden, the only way to be honored as an All-Star is to be nominated by a client in an unprompted manner. BTI conducted nearly 300 individual interviews with corporate counsel at Fortune 1000 companies and other major corporations in more than 15 industries to develop this year’s All-Star list.
This announcement comes only weeks after Chambliss’ recognition for stellar customer service on BTI’s Client Service A-Team for the fourth consecutive year.
To learn more about The BTI Client Service All-Stars, visit www.bticlientserviceallstars.com.
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Last Update on August 22, 2014 17:58 GMT
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen says the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
Yellen's remarks to an annual Fed conference in Jackson Hole, Wyoming, offer no signal that she's altered her view that the economy still needs Fed support from ultra-low interest rates. The timing of a Fed rate increase remains unclear.
She notes that while the unemployment rate has steadily declined, other gauges of the job market are harder to assess and may reflect continued weakness. These include high levels of people who have been unemployed for more than six months, many people working part time who would like full-time jobs and weak pay growth.
WASHINGTON (AP) -- The Obama administration will offer a new accommodation to religious nonprofits that object to covering birth control for their employees. The measure allows those groups to notify the government, rather than their insurance company, that birth control violates their religious beliefs.
The government is also extending an existing accommodation to some for-profit corporations like Hobby Lobby that's currently available only to nonprofits. That accommodation requires groups to sign a form transferring responsibility for paying for birth control to their insurers or third-party administrators.
The dual decisions embrace suggestions included in recent Supreme Court rulings. But they're unlikely to go far enough to satisfy religious groups. That's because they would still make the groups complicit in a system that provides birth control through their organizations' health plans.
ALBANY, N.Y. (AP) -- The maker of a popular line of wearable fitness-tracking devices says it has never sold personal data to advertisers, contrary to concerns raised by U.S. Sen. Charles Schumer.
Schumer said Friday he hopes other manufacturers of wearable devices adopt similarly transparent rules.
Many Americans wear fitness bracelets and monitors or use mobile apps to monitor their activity.
NEW YORK (AP) -- McDonald's has named a new president for its flagship U.S. division, marking the second change in less than two years.
The world's biggest hamburger chain says former McDonald's executive Mike Andres will replace Jeff Stratton, who is retiring, effective Oct. 15.
Stratton, 58, took over in late 2012 and replaced Jan Fields. That shakeup was made after McDonald's Corp. reported its first monthly sales drop in nearly a decade. Sales in the U.S. have remained weak ever since, with the company facing intensifying competition and changing eating habits.
McDonald's has said it's working on fixing basics, such as the speed of service and order accuracy.
Andres, 56, will report directly to CEO Don Thompson. Andres was most recently CEO of Logan's Roadhouse Inc.
MOLINE, Ill. (AP) -- Agricultural equipment maker Deere is laying off about 460 employees indefinitely from an Iowa tractor factory as it continues to adjust to market demand.
The Moline, Illinois, company said Friday the latest round of layoffs will be effective October 20. Deere said last week that it would lay off more than 600 employees at four Midwest factories that make harvesting and other agricultural equipment due to slumping demand.
Deere & Co. is the world's biggest farm equipment supplier and employs about 67,000 people globally.
It said earlier this month that it planned to reduce agricultural equipment production for the remainder of the year.
Company shares are down 63 cents to $85.58 in early trading.
NEW YORK (AP) -- Keurig Green Mountain says it struck a deal to make Kraft's branded coffees, such as Maxwell House and Gevalia, for its single-serve brewing systems in the U.S.
The companies did not disclose financial terms of the deal.
Keurig, based in Waterbury, Vermont, makes at-home brewing machines that let people make cups of coffee one serving at a time. The company is also working on a machine that would let people make cold, carbonated drinks at home, and has partnered with Coca-Cola to let people make various Coke drinks at home.
Kraft had also announced a deal to distribute packaged McDonald's coffee to supermarkets and other retailers. That deal will mean people will also be able to make McCafe drinks with Keurig machines.
Shares of Keurig rose 9 percent to $127.79.
Dynegy to spend $6.25B on power plant acquisitions
Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners.
The Houston company says the deal will boost its presence in the Midwest and New England. Dynegy produces power that it sells through wholesale markets.
The company plans to spend $2.8 billion for Duke's assets and $3.45 billion for those of Energy Capital Partners, or ECP. It says the deal will add about 12,500 megawatts of coal and gas generation. Dynegy also expects the acquisitions to complement its existing business and add fuel diversification.
Dynegy Inc. says both deals should close by the end of next year's first quarter.
Shares of Dynegy are climbing in premarket trading.
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