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Private Equity Companies Get Close to Simpson Thacher
Simpson Thacher & Bartlett just had a summer that private equity lawyers dream about. The New York firm's two top private equity clients, Kohlberg Kravis Roberts and The Blackstone Group, were on a dealmaking binge. Of course, Simpson has many private equity clients, but it makes sure that KKR and Blackstone always come first. The devotion has paid off: one KKR partner describes Simpson as part of its "inner circle." And several Simpson attorneys have moved in-house with Blackstone and KKR.Latham Partner Doesn't Play Games In Toys "R" Us Deal
Latham & Watkins partner Peter Kerman represented Kohlberg Kravis Roberts & Co. in its co-purchase of Toys "R" Us Inc. for $6.6 billion. Analysts are calling the leveraged buyout one of the largest ever in retailing history. Gibson, Dunn & Crutcher attorneys helped marry off the Internet's famous butler as Oakland's Ask Jeeves Inc. announced Monday that it is being acquired by IAC/InterActiveCorp in a deal worth $1.85 billion.Plaintiffs lawyers are claiming victory after Friday's ruling in the sprawling Deepwater Horizon litigation, which allows a large number plaintiffs to seek punies despite statutory confusion and major resistance from BP and other defendants.
Candidates Who Passed The July 2006 NYS Bar Exam
On Wednesday BP and the plaintiffs lawyers heading up the litigation over the Gulf oil spill finally sought approval for the estimated $7.8 billion settlement that they announced early last month. The plaintiffs' steering committee is asking for up to $600 million, on top of BP's ultimate payout to class members, and BP has agreed to foot the bill.
Constantine Trela, Jr., convinced the U.S. Court of Appeals for the Federal Circuit to knock out a $358 million award against Microsoft.
Instant Appeal Certified in Chocolate Price-Fixing Case
Facing accusations of price fixing, leading chocolate manufacturers in the United States have persuaded a Pennsylvania federal judge to certify an immediate appeal of his decision not to dismiss 87 consolidated antitrust suits. Lawyers will be closely watching the interlocutory appeal because it promises to give the 3rd Circuit its first opportunity to define the scope and effect of the U.S. Supreme Court's seminal 2007 Bell Atlantic Co. v. Twombly decision on price-fixing cases.The Layoff List: By the Numbers
Employment shifts at The Am Law 200, Global 100, and Other Firms of NoteTrending Stories
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