February 04, 2014 | The American Lawyer
DLA's New Coleader Discusses Firm's Leadership ChangeA little more than two years after DLA Piper hired former Linklaters managing partner Tony Angel, the esteemed law firm leader is poised to step down as global cochair of the world's largest firm by gross revenue and head count. During Angel's time at the top of DLA, the legal services giant restructured its U.K. operations and absorbed an Australian alliance partner. Roger Meltzer, the cohead of DLA's Americas arm who will take the leadership helm with Nigel Knowles in 2015, spoke with The Am Law Daily about the succession plan and DLA's future initiatives.
By Brian Baxter
8 minute read
January 31, 2014 | The American Lawyer
The Churn: Katten Grabs Bingham Real Estate Group, Plus More Lateral MovesBingham McCutchen loses another practice group leader, as real estate cochair Kenneth Lore takes a nine-lawyer team to Katten Muchin Rosenman. Meanwhile, Skadden brings back a former partner to head its white-collar group and Blank Rome poaches two partners versed in sometimes tricky partnership issues from Greenberg Traurig. The Churn is constant. Please send all announcements to [email protected].
By Brian Baxter
10 minute read
January 30, 2014 | The American Lawyer
With Cleary on Board, Google Makes More Big MovesA week after representing Lenovo in connection with its acquisition of an IBM server unit, Cleary Gottlieb Steen & Hamilton is advising Google on its $3 billion sale of Motorola Mobility to the world's largest computer maker. The firm has also grabbed a role in Google's largest-ever European deal, handling the company's $400 million purchase of an artificial intelligence start-up earlier this week.
By Brian Baxter
5 minute read
January 30, 2014 | The American Lawyer
Fee Tracker: Super Bowl, Patent Battles and MoreIn our latest installment of the Fee Tracker, The Am Law Daily looks at the legal fees paid by several leading nonprofit organizations in the news, such as the NY/NJ Super Bowl XLVIII Bidding Committee, the Alfred E. Mann Foundation for Scientific Research and the UJA-Federation of New York, which recently hired a top Paul, Weiss, Rifkind, Wharton & Garrison litigation partner as its new leader.
By Brian Baxter
10 minute read
January 29, 2014 | The American Lawyer
Simpson, Wachtell Advise on Big LatAm Banking DealBrazil's Itau Unibanco, Latin America's largest bank in market value terms, has hired Wachtell, Lipton, Rosen & Katz for counsel on its $2.85 billion cash-and-stock bid for control of CorpBanca. The target, Chile's fifth-largest bank, has retained the services of Simpson Thacher & Bartlett. A trio of South American firms are also working on the deal.
By Brian Baxter
4 minute read
January 28, 2014 | The American Lawyer
Freshfields, Norton Rose, S&C Handle $1.2 Billion BMO BuyBMO Financial Group, a unit of the Bank of Montreal, has retained Magic Circle firm Freshfields Bruckhaus Deringer and Sullivan & Cromwell to advise on its $1.2 billion acquisition of F&C Asset Management, one of the top asset managers in Europe and the U.K. Norton Rose Fulbright, which combined with Fulbright & Jaworski last summer and recently hired BMO's former chief compliance officer, is advising F&C on the deal.
By Brian Baxter
5 minute read
January 28, 2014 | The American Lawyer
The Churn: Dechert and MoFo's Revolving Door, Plus More Lateral MovesMorrison & Foerster hires the Justice Department's top Foreign Corrupt Practices Act enforcer Charles Duross, while Dechert's white-collar and securities litigation cochair Benjamin Rosenberg is poised to leave his firm to become the New York County District Attorney's Office's next general counsel. Meanwhile, a Paul Weiss litigation partner is headed for the nonprofit sector. The Churn is constant. Please send all announcements to the [email protected]..
By Brian Baxter
8 minute read
January 27, 2014 | The American Lawyer
Am Law Trio Advises on KKR's $2.3 Billion Insurance BuySimpson Thacher & Bartlett's corporate lawyers grabbed a spot across the negotiating table from longtime client KKR on Monday, advising two private equity firms on the $2.3 billion sale of insurance claims processor Sedgwick Claims Management Services. Willkie Farr & Gallagher has also snagged a role for Sedgwick, while Latham & Watkins is representing KKR.
By Brian Baxter
7 minute read
January 24, 2014 | The American Lawyer
Weil Tunes In for SiriusXM on Liberty Takeover BidSiriusXM Radio has retained Weil, Gotshal & Manges to advise on a $10 billion takeover bid announced earlier this month by cable giant John Malone's Liberty Media Corp. The hire is the latest large media-related M&A engagement for Weil.
By Brian Baxter
3 minute read
January 23, 2014 | International Edition
Cravath, Cleary Advise as Lenovo Buys IBM Server UnitLongtime Cravath, Swaine & Moore client IBM announced Thursday that it has agreed to sell its low-end server unit to Beijing-based Lenovo Group, the world's largest personal computer maker, for $2.3 billion.
By Brian Baxter
5 minute read
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