UPDATE: 1/3/12, 6:00 p.m. EST. Lawyers from Skadden and Weil Gotshal are involved in the Fushi Copperweld bid. Their information has been added in the final two paragraphs. Also, information regarding K&L Gates’s involvement in MetLife’s sale of banking assets has been added in the eight paragraph.
MetLife said last week that it will sell most of the deposits held by its banking unit to General Electric’s finance arm as the big insurer aims to escape the regulatory oversight related to the passage of the Dodd-Frank Act.
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