December 05, 2013 | The American Lawyer
Miller Canfield Denies Conflict in Detroit AssignmentMiller, Canfield, Paddock & Stone insisted in a Wednesday filing that its role as counsel to the Public Lighting Authority of Detroit in bond negotiations aimed at ensuring that all of the hard-pressed city's 80,000 streetlights remain lit does not constitute a conflict despite the firm's concurrent representation of Detroit itself in its just-approved Chapter 9 bankruptcy.
By Sara Randazzo
6 minute read
December 05, 2013 | New York Law Journal
New DealsConsumer marketing and branding company Authentic Brands Group has acquired the licensing rights to Elvis Presley and Muhammad Ali from Core Media Group, and CVS Caremark has entered into an agreement to buy Apria Healthcare Group's Coram infusion therapy business for approximately $2.1 billion in cash.
By Brian Baxter and Sara Randazzo
5 minute read
December 03, 2013 | The American Lawyer
Firms That Hired Dewey Partners Can't Block SubpoenasOver the objections of more than two dozen law firms, the federal bankruptcy judge overseeing Dewey & LeBoeuf's Chapter 11 case ruled Tuesday that those firms must turn over information about how much work they inherited in taking on former Dewey partners ahead of its collapse last year.
By Sara Randazzo
6 minute read
December 03, 2013 | New York Law Journal
Cravath Kicks Off Associate Bonus SeasonCravath, Swaine & Moore announced extra payments for associates ranging from $10,000 to $60,000 that are identical to the stipends the firm awarded in 2012, according to an internal firm memo.
By Sara Randazzo
2 minute read
December 02, 2013 | Law.com
Matching 2012 Stipends, Cravath Kicks Off Bonus SeasonCravath, Swaine & Moore waited until the first Monday after Thanksgiving to announce 2013 year-end associate bonuses that range from $10,000 to $60,000 and are identical to the extra pay the firm awarded last year.
By Sara Randazzo
4 minute read
December 02, 2013 | The American Lawyer
Few Law Grads Finding Jobs Through Online Match ServiceWidely praised when it launched two years ago, JD Match has so far had little impact on recruiting.
By Sara Randazzo
5 minute read
December 01, 2013 | Law.com
Suit Details Ex-Dewey Leaders' Lucrative Pay PactsFollowing a tradition of making key court filings in tandem with major holidays, Dewey & LeBoeuf's bankruptcy advisers hit the firm's former executive director, Stephen DiCarmine, and ex-chief financial officer, Joel Sanders, with a Thanksgiving eve suit aimed at recovering nearly $22 million from the pair.
By Sara Randazzo
6 minute read
November 27, 2013 | The American Lawyer
Simpson Thacher, S&C Land Roles on $2 Billion CVS DealSullivan & Cromwell is representing first-time M&A client CVS Caremark on its planned $2.1 billion acquisition of Apria Healthcare Group's infusion therapy business, while Simpson Thacher & Bartlett is serving as lead counsel for Apria, which is owned by longtime Simpson Thacher client The Blackstone Group.
By Sara Randazzo
4 minute read
November 22, 2013 | The American Lawyer
Howrey Estate Settles with Cadwalader, Ober KalerAfter hammering out the latest settlements, which are worth a total of at least $600,000, bankruptcy trustee Allan Diamond has so far struck deals that will bring at least $4 million to the Howrey estate from firms that took on partners from the now-defunct firm as it collapsed in 2011.
By Sara Randazzo
3 minute read
November 21, 2013 | The American Lawyer
Jones Day Detroit Bankruptcy Tab So Far: $11 MillionAccording to Detroit emergency manager Kevyn Orr's latest tally, the firm had been paid $11 million against an $18 million cap through October 1 for its work advising the financially crippled city on its restructuring.
By Sara Randazzo
4 minute read
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