UPDATE, 8/8/12, 3:20 p.m. EDT: The fourth paragraph of this story has been revised to with an updated statement from Greenberg Traurig CEO Richard Rosenbaum. The story has also been revised to reflect the fact that the capital affects all of the firm’s shareholders, not just equity shareholders.
For the first time in more than a decade, Miami-based Greenberg Traurig has issued a capital call to raise $24 million from its shareholders. The 1,700-lawyer firm said it took the action as a safeguard against “uncertainty” in the U.S. and international markets, and that it is not facing any immediate cash needs.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
