Schulte, Japanese Firm Tapped By Cerberus for Aozora Bank Stake Sale
Private equity firm Cerberus Capital Management has turned to longtime outside counsel Schulte Roth & Zabel and one of Japan's leading law firms, Nishimura & Asahi, to advise on the proposed sale of its $2.5 billion controlling stake in Tokyo-based Aozora Bank.The Bankruptcy Files: Trump Casinos Exit Chapter 11
Weil Gotshal helps Trump Entertainment Resorts emerge from Chapter 11 for the third time in the life of the company. Plus: Mintz Levin, Olshan Grundman, Gordon Silver, Wachtell, Fox Rothschild, and Fried Frank are advising clients in recent notable bankruptcy filings.Simpson, Japanese Firms Handle KKR's Panasonic Buy
In the third major M&A deal out of Japan this week, private equity and investment giant KKR, advised by its longtime lawyers from Simpson Thacher & Bartlett, said Friday it has agreed to acquire Panasonic's health care unit for $1.67 billion.Simpson Helps Yahoo, Tumblr Connect
Simpson Thacher & Bartlett is advising Yahoo in connection with its largest acquisition in a decade: the $1.1 billion cash purchase of blogging and social media platform Tumblr. Tumblr, meanwhile, is represented by Gunderson Dettmer Stough Villeneuve Franklin & Hachigian.Ex-Paul Hastings Partner Out Over Faked Credentials
D. Thomas O'Riordan, a former London-based Paul Hastings litigation partner who shifted into the role of part-time consultant last year, has been suspended from practicing law for three years by a U.K. regulator following a determination that he had lied about his education and bar qualifications on his firm bio between 2007 and 2012. O'Riordan joined Paul Hastings from Cadwalader in 2009.The Am Law 100-The Early Numbers: DLA U.S. Profits Rise 12 Percent
Profitability rose to record levels, with partner profits jumping more than 12 percent in 2010.Behind the Wheel: Paul Shim | Cleary Gottlieb
Dollar Thrifty's hotly contested $2.3 billion sale to Hertz was a seven-year journey that became one of the longest-running takeovers of the modern corporate age.Dewey Advisers Fight to Keep Bankruptcy on Course as DiCarmine, Others Subpoenaed to Testify
In what may be the final week of the Dewey & LeBoeuf bankruptcy before the defunct firm's Chapter 11 liquidation plan is approved, an emergency hearing was held Wednesday to weigh last-minute discovery requests made by two former firm partners challenging that plan. Among other things, the judge overseeing the case ordered former Dewey executive director Stephen DiCarmine to appear in court next week.Trending Stories
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