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Legal News

: Legal Pad | LA

Oracle's past history portends post-merger trims

By Richard Binder

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There are apparently a lot of unanswered questions regarding the Oracle buyout of Sun Microsystems, but one thing seems certain: job cuts. 

Case in point: Keith Facer, a commercial transactions lawyer who was working at BEA Systems when it was taken over by its rival Oracle last spring. Facer had developed an expertise in doing deals involving BEA's Tuxedo software, used for validating things like ATM transactions. But he said Oracle legal didn't have much use for his insights after the deal closed. 

"Basically the answer was, 'No, we don't need you,' and that was basically the attitude across the board to our legal department," Facer said.

Read his and others' stories at The Recorder.

Full post as published by Legal Pad | LA on April 23, 2009 (boomark / email).

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