Andrew Longstreth

September 17, 2007 | National Law Journal

Biovail Corporation has taken a page from the George Steinbrenner/Billy Martin playbook in order to reignite its well-publicized conspiracy suit against short-sellers and analysts. The Canadian drugmaker has rehired its former lead firm in the case � Kasowitz, Benson, Torres & Friedman. Biovail fired Kasowitz last March amid legal proceedings surrounding the company's misuse of court-protected documents.

By Andrew Longstreth

2 minute read

May 01, 2005 | The American Lawyer

During his distinguished 20-year tenure as a judge on the U.S. Court of Appeals for the Third Circuit, where he wrote more than 800 opinions, John Gibbons built up a stockpile of credibility. A Nixon appointee, he had a reputation as a liberal-leaning judge who was exceedingly fair. Since retiring from the bench, he hasn't let his name collect dust on his old decisions.

By Andrew Longstreth

3 minute read

March 27, 2008 | National Law Journal

Shortly after the SEC launched an investigation into accounting at Biovail Corp. in March 2005, the company turned to Howrey for help. By Monday, when the Canadian pharmaceutical company announced its settlement with the SEC, Howrey had dropped out of the picture and Curtis Mallet-Prevost had slipped in. The SEC was investigating Biovail's financial disclosure practices between 2001 and 2003. Biovail agreed to pay $10 million and to retain an independent consultant to examine its accounting practices.

By Andrew Longstreth

3 minute read

October 20, 2008 | The American Lawyer

By Andrew Longstreth

2 minute read

May 10, 2007 | National Law Journal

Cravath, Swaine & Moore apparently sees what a lot of firms see: growth in restructuring work. The firm is starting a bankruptcy practice that will be headed up by Richard Levin, who will join from Skadden, Arps, Slate, Meagher & Flom, where he was a partner. Cravath's announcement comes at a time when major firms like Skadden Arps, Kirkland & Ellis and Cadwalader Wickersham have been aggressively hiring bankruptcy lawyers to handle what they expect to be a lot of work in the coming months.

By Andrew Longstreth

2 minute read

May 30, 2002 | Law.com

Edison Schools Inc. came a step closer to profitability when Philadelphia's School Reform Commission voted to hand over some low-performing schools to outside managers. New York-based Edison won a contract to oversee 20 schools, but the victory won't be complete until the city's powerful teachers' union signs on to the deal. No one knows that better than Edison General Counsel David Graff.

By Andrew Longstreth

3 minute read

April 19, 2007 | National Law Journal

Wachtell, Lipton, Rosen & Katz is taking a step toward making its executive compensation and benefits practice whole again. After losing two partners in recent months, the firm has quietly hired Michael Segal, the former co-head of executive compensation and benefits at Paul, Weiss, Rifkind, Wharton & Garrison, who will start on Monday. The move is an unusual one for Wachtell, which has rarely sought out lateral partners.

By Andrew Longstreth

2 minute read

March 24, 2008 | The American Lawyer

By Andrew Longstreth

2 minute read

October 25, 2006 | National Law Journal

New York's Dewey Ballantine and San Francisco's Orrick, Herrington & Sutcliffe have taken another step toward completing a merger. According to a statement released this morning, the management and executive committees at both firms announced to their respective partners that they intend to recommend approving the combination. A full partnership vote at both firms is expected before the end of the year.

By Andrew Longstreth

3 minute read

February 11, 2008 | Daily Report Online

Earlier this year Covington Burling decided to add pitcher Roger Clemens to its roster of high-profile clients. But perhaps it should have received approval from another client, Major League Baseball, first. Covington agreed to represent Clemens in the congressional steroids inquiry without getting the league's sign-off-a potential blunder in the high-stakes world of sports league representation.

By Andrew Longstreth

3 minute read