Citizen Watch Completes Acquisition of Bulova Corporation
Law Firm News
Paul, Weiss client Citizen Watch Co., Ltd. of Japan completed its purchase of Bulova Corporation from Loews Corporation for approximately $250 million in cash. New York-based Bulova Corporation's primary business is the sale of watches under the Bulova, Accutron, Caravelle and Wittnauer brands. Citizen expects the purchase of Bulova to help expand its U.S. presence. The Paul, Weiss team was led by counsel Scott Grader and included corporate partners Toby Myerson and Kaye Yoshino, counsel Didier Malaquin and associates Adriana Hristova, Cory Kampfer, Marta Kelly, Ari Nishitani, Mie Ono and Julian Wong; environmental counsel William O'Brien; employee benefits partner Larry Witdorchic and associate Lauri Penn; real estate partner Peter Fisch and associate Stephan Steiner; tax partner Jeff Samuels, counsel Alyssa Wolpin and associate David Levine; intellectual property associates Julie Feldman and Zoe Hilden; and paralegal Miya Ukawa. Partner Joe Simons also provided advice on antitrust issues.
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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.