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First Union Merger Won't Disrupt Pennsylvania Firms' Work
Don't expect wholesale changes for Philadelphia-area law firms representing First Union in light of its proposed merger with fellow North Carolina bank, Wachovia Corp., say outside and in-house counsel. Unlike First Union's past acquirees, CoreStates and First Fidelity banks, Wachovia does not have a Philadelphia area presence, and there should not be any overlap in their local legal representation.Cite as: CRP/Extell Parcel I v. Cuomo, 10-1929-cv, NYLJ 1202472745286, at *1 (2d Cir., Decided September 20, 2010)Before: Pooler, Hall, C.JJ.; Kravitz, D.J.*/p
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