April 07, 2014 | The American Lawyer
Jenner Managing Partner Levy Leaves for Northern TrustSusan Levy, who has spent her entire legal career at Jenner & Block and became its managing partner in 2008, will leave the Am Law 100 firm as of May 1 to become general counsel of Northern Trust Corp. The Chicago-based financial services giant is a Jenner client.
By Brian Baxter
5 minute read
April 07, 2014 | The American Lawyer
Two Major Pharma M&A Deals Yield Big-Firm BonanzaWeil, Wachtell, Shearman, Simpson, Latham and Davis Polk all got the year's second quarter off to a strong start by grabbing roles on one of two big pharmaceutical deals announced Monday: Irish specialty drugmaker Mallinckrodt's $5.6 billion cash-and-stock purchase of California's Questcor Pharmaceuticals and India's Sun Pharmaceutical Industries' $3.2 billion buy of struggling rival Ranbaxy Laboratories.
By Brian Baxter
6 minute read
April 07, 2014 | The American Lawyer
Akin Gump, Bradley Arant Advise on Alabama Gas SaleThe Am Law 200 firms are advising on a $1.6 billion deal that finds utility holding company The Laclede Group acquiring Alabama Gas Corp., the state's largest natural gas utility, from Energen Corp.
By Brian Baxter
3 minute read
April 04, 2014 | The American Lawyer
The Churn: Cooley Woos Mintz Levin IP Team, Plus More Lateral MovesCooley poaches a six-lawyer intellectual property group from Mintz Levin, a former federal prosecutor who left the Justice Department amid controversy moves to Baker Botts, and O'Melveny brings back a former associate who has been a key legal adviser to President Obama since his run for the U.S Senate in 2004. The Churn is constant. Please send all announcements to [email protected].
By Brian Baxter
6 minute read
April 03, 2014 | The American Lawyer
IPO With Paul Weiss Link Delayed Amid 'Flash Boys' FurorWith the storm kicked up by Michael Lewis' new book about high-frequency trading continuing to swirl, Virtu Financial—a high-speed trading outfit headed by former Paul, Weiss, Rifkind, Wharton & Garrison corporate partner Douglas Cifu—has pushed back its planned initial public offering. Paul Weiss is just one of several Am Law 100 firms with ties to the controversial industry.
By Brian Baxter
7 minute read
April 03, 2014 | The American Lawyer
Brookstone Bankruptcy Yields Roles for Half-Dozen FirmsK&L Gates is serving as lead debtors' counsel to the specialty gadget retailer, which filed for Chapter 11 protection in Delaware on Thursday as part of a plan to sell itself to Spencer Spirit Holdings. The proposed $146.3 million deal has pulled in Am Law 200 firms Stroock, Greenberg Traurig, and Choate, Hall & Stewart, as well as two regional shops.
By Brian Baxter
4 minute read
April 02, 2014 | Law.com
Report: Merger Mania Continues, But on a Smaller ScaleLegal consultancy Altman Weil has released its first-quarter law firm merger report, which notes that after a record-setting year in 2013, the pace of combinations among firms has continued in 2014, with smaller acquisitions dominating the market. Am Law 200 firms like Holland & Hart and Wilson Elser have absorbed smaller shops in Salt Lake City and San Francisco, respectively, within the past week. Meanwhile, Am Law 100 law and lobbying giant Patton Boggs is drawing interest from Dentons and Squire Sanders.
By Brian Baxter
5 minute read
April 01, 2014 | The American Lawyer
The Churn: Weil, Patton Boggs See More Defections, Plus More Lateral MovesWeil, Gotshal & Manges loses a securities litigation partner to Jenner & Block; Patton Boggs goes through another spate of departures; and Wilmer Cutler Pickering Hale and Dorr hires a former FBI director and his ex-chief of staff. The Churn is constant. Please send all announcements to [email protected].
By Brian Baxter
7 minute read
March 31, 2014 | The American Lawyer
Latest Dewey Clawback Complaint Targets Ex-COOAbout a week after former Dewey & LeBoeuf chief operating officer Dennis D'Alessandro's lawyer spoke with The Am Law Daily about his client's innocence in the alleged fraud scheme that helped destroy the firm, the trustee overseeing Dewey's bankruptcy case sued D'Alessandro in a bid to recover nearly $9.3 million for creditors.
By Brian Baxter
4 minute read
March 31, 2014 | The American Lawyer
Pierce O'Donnell Finds New Home at L.A. BoutiqueFormer Kaye Scholer litigation partner Pierce O'Donnell, a legendary Los Angeles trial lawyer who held on to his California law license despite serving almost 60 days in prison two years ago after pleading guilty to campaign finance violations, has agreed to join Greenberg Glusker Fields Claman & Machtinger as of counsel.
By Brian Baxter
6 minute read
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