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Five Am Law 100 Firms Aid Bid to Create $60 Billion Conglomerate
Cleary, Cravath, Latham, Wachtell, and Weil are advising on a $9 billion deal that will see Freeport-McMoRan Copper and Gold acquire oil and gas companies Plains Exploration and Production and McMoRan Exploration Company. The proposed transaction would create a natural resources conglomerate worth an estimated $60 billion, including debt.Who Will Milk Fees From Howrey's Mammoth Antitrust Case?
Why did Winston & Strawn reportedly extend offers to most of Howrey's remaining partners instead of completing a formal merger? One thing complicating consideration of any such union is a multidistrict litigation related to the dairy industry in which the firms are involved on opposite sides--and what becomes of the substantial contingency fee Howrey stands to reap.Federal Judge Gives Green Light to Investor Claims Against BP
A federal judge has signed off on a large portion of a class action brought on behalf of certain investors in BP PLC shares who sued the company and its senior executives for alleged securities fraud related to the Deepwater Horizon oil spill.Law Firm Cliques: High School With Nicer Clothes
Jocks, cheerleaders, nerds, bullies and drama geeks -- law firms have them all. They just wear nicer clothes now, according to attorney Kathleen J. Wu. The good news, Wu says, is that the law firm parallels to high school only go so far.Visit lawjobs.com News & ViewsThe Churn: Lateral Moves and Promotions in The Am Law 200
Birmingham's Balch & Bingham merges with a Florida banking firm; White & Case hires two in-house lawyers in Silicon Valley; and Thompson & Knight opens in Los Angeles. The Churn is constant. Please send all announcements to [email protected].The Bankruptcy Files: Reddy Ice Retains DLA Piper for Restructuring, Merger
5th Circuit Invites En Banc Review of ERISA Opinion
A 5th U.S. Circuit Court of Appeals panel encouraged the full court to re-examine a 10-year-old decision that HMOs have used to block patients' suits against them. On Sept. 17, the panel upheld a decision that the Employee Retirement Income Security Act pre-empts a suit against an HMO, but indicated that the plaintiffs would have a strong case if the court were not bound by a 1992 5th Circuit ruling.Trending Stories
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