Reed Smith completes merger with London firm
Law Firm News
After more than a year of negotiations, Reed Smith LLP has completed the final piece of last year's merger with London law firm Richards Butler. Richards Butler Hong Kong will merge into the firm, effective Jan. 1.
The deal gives Reed Smith 110 lawyers in Hong Kong, plus an operation in Beijing. It will also seek a license to practice in Shanghai. Once the transaction is completed, Reed Smith will have 23 offices, more than 1,500 lawyers and revenue of more than $1 billion.
Reed Smith is Pittsburgh's eighth-largest private company and second-largest law firm. It is the second Pittsburgh-based law firm to enter China following Kirkpatrick & Lockhart Preston Gates Ellis LLP, which via a merger completed this past January, has offices in Hong Kong, Beijing and Taipei
Richards Butler Hong Kong is among that city's five largest firms.
Reed Smith firmwide Managing Partner Gregory Jordan said in a statement that the firm's strategic plan has been to develop a leading presence in commercial business centers most important to its clients.
"Hong Kong, Shanghai and Beijing are clearly among those key markets," Jordan said.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.