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Three Firms Advise as SAC Unloads Reinsurance Arm
A month after agreeing to a $1.8 billion settlement on insider trading charges, hedge fund billionaire Steven Cohen's SAC Capital Advisors has agreed to sell its SAC Re reinsurance arm to Hamilton Reinsurance Group for a reported $500 million to $1 billion.Asia Deal Digest: November 28, 2013
*Skadden acts on U.S. IPO for Chinese classified advertising site 58.com*WongPartnership advises real estate developer Ascendas on new Indian property fund *Rahmat Lim & Partners and Allen & Gledhill advise Sime Darby Motors on Vietnamese acquisitionLocke Lord's MP Clements Weighs in on Patton Boggs Talks
Last week, The Am Law Daily spoke with Patton Boggs managing partner Edward Newberry about the potential merger his firm is discussing with Locke Lord. Now Locke Lord managing partner Jerry Clements, who 50 years ago this week gave a yellow rose to President John F. Kennedy on a visit to Texas, shares her thoughts about Swiss vereins, her firm's expansion efforts and a possible tie-up with Patton Boggs.Asia Deal Digest: November 14, 2013
* Vinson & Elkins on CNPC's $2.6 billion Peruvian oilfield buy* MoFo and Wilson Sonsini take the lead on a $917 million Chinese semiconductor deal* Clifford Chance helps MSG giant Ajinomoto buy into the Turkish sauce marketProskauer, A&O Advise on Novartis' $1.7 Billion Diagnostics Sale
Swiss pharmaceutical giant Novartis has agreed to sell its blood transfusion diagnostics unit to Barcelona-based health care company Grifols for roughly $1.7 billion in cash. Allen & Overy is advising Novartis on the deal, while Proskauer and U.K. firm Osborne Clarke are representing Grifols.Successful Bar Candidates — July 2013 Bar Examination
Of the 3,680 candidates who sat for the July 2013 New Jersey Bar Examination, results have been provided to 3,609 candidates. Of those, 2,882, or 79.85 percent, passed.The Churn: Lateral Moves in The Am Law 200
Shook, Hardy & Bacon opens a Seattle office with Microsoft's former chief patent counsel; Gibson, Dunn & Crutcher hires a Department of Justice veteran; and a former U.S. attorney for the District of Arizona joins Steptoe & Johnson. The Churn is constant. Please send all announcements and news releases to [email protected].Trending Stories
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