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May 03, 2023 | Law.com

As Ropes & Gray Winds Down Asia Restructuring Practice, Freshfields Hires Firm's Former Hong Kong Head

Freshfields currently does not have any restructuring, distressed assets or special situation partners based in Greater China. Anderson's joining with a team of lawyers will launch that focused regional offering for the firm.
4 minute read
April 28, 2023 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Appellate lawyers at Alston & Bird and Alexander Dubose & Jefferson handled arguments in a major win at the Texas Supreme Court last week in the court's first substantive look at a force majeure clause in an oil and gas contract.
7 minute read
April 27, 2023 | The American Lawyer

Shearman's Financial Issues Mount, Sources Say, But New Leader Sees Path Forward

Senior partner Adam Hakki noted that while 2023 will be a transition year, many of the firm's practices are thriving and partners are being paid "consistent with our long-standing profit distribution practices."
7 minute read
April 25, 2023 | Delaware Law Weekly

Special Master Appointed as Zurn Expects Record Shareholder Input in AMC Stock Split Case

The case, filed in February, challenges a plan to convert APEs, AMC's preferred shares, into common stock.
2 minute read
April 25, 2023 | Delaware Business Court Insider

Zurn Expects Record Shareholder Input in AMC Stock Split Case

The case, filed in February, challenges a plan to convert APEs, AMC's preferred shares, into common stock.
2 minute read
April 25, 2023 | The American Lawyer

Kirkland and Paul Weiss Take Growing Share of Corporate Bankruptcies This Year

As bankruptcy filings tick up, a small group of law firms are winning most of the major debtor-side work.
3 minute read
April 25, 2023 | Texas Lawyer

Shearman Loses Energy Co-Head To Mayer Brown in Houston

Gabriel Salinas' exit comes shortly after Omar Samji, another leader of Shearman & Sterling's energy innovation team, moved to Weil, Gotshal & Manges in Houston.
3 minute read
April 20, 2023 | The Recorder

As Law Firms Vie for the Middle Market, This Kirkland Spinoff Is Carving a Niche in Private Equity

Massumi & Consoli has grown since 2015 to nearly 40 attorneys and three offices, with clients such as Clearlake Capital, K1 Investment and Aurora Capital Partners.
5 minute read
April 20, 2023 | The American Lawyer

Facing Nasdaq Delistment, John Ruiz's LifeWallet Grapples With Its Ambitious $32 Billion Valuation

After a disastrous IPO, the company continued to value some of its assets at pre-IPO share prices.
18 minute read
April 18, 2023 | The American Lawyer

Private Equity Shift: Big Law May Be Losing Its Golden Goose

Reliance on work that propelled firms into the upper echelons of the industry may no longer be a safe bet. But there are other ways to approach private capital.
5 minute read

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