K&L Gates, Kirkland make headlines
Yesterday was a big day for Big Law news.
December 04, 2012 at 05:18 AM
36 minute read
The original version of this story was published on Law.com
Yesterday was a big day for Big Law news.
Last night, K&L Gates and Australian law firm Middletons announced that their partners had approved their proposed merger. The combined firm will feature more than 2,000 lawyers in 46 offices worldwide and will retain the K&L Gates name. The deal, which will take effect Jan. 1, 2013, reflects an uptick in Australian mergers. In March, China's top law firm, King & Wood, merged with Australia's top firm, Mallesons Stephen Jaques. And in June, U.K.-based Herbert Smith merged with the Australian firm Freehills.
Kirkland & Ellis also was in the news yesterday. The firm topped the list of the American Lawyer's most valuable law firms. The publication valued Kirkland at $3.95 billion. Other top-valued firms include Latham & Watkins ($3.8 billion); Skadden, Arps, Slate, Meagher & Flom ($.3.34 billion); Allen & Overy ($2.71 billion); and Gibson Dunn & Crutcher ($2.71 billion). (Read the Wall Street Journal Law Blog for more information about the publication's methodology for determining valuations.)
For more recent law firm news, read:
Skadden, Simpson Thacher announce year-end bonuses
Cravath doles out bigger year-end bonuses
Personnel updates from Weil, Gotshal and Jenner & Block
Former antitrust chief joins Simpson Thacher
Survey predicts reduction in law firm partners
50 best law firms for women named
Through merger and practice group acquisition, two firms see growth
Yesterday was a big day for Big Law news.
Last night,
For more recent law firm news, read:
Skadden,
Cravath doles out bigger year-end bonuses
Personnel updates from
Former antitrust chief joins
Survey predicts reduction in law firm partners
50 best law firms for women named
Through merger and practice group acquisition, two firms see growth
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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