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A Dozen Firms Benefit From Big Telecom Transactions
At least a dozen big firms are advising on two major M&A deals in the telecommunications sector: Microsoft's $7.2 billion buy of Nokia's devices and services division and the $130 billion acquisition by Verizon Communications of joint venture partner Vodafone Group's 45 percent stake in Verizon Wireless. Simpson Thacher has landed roles on both transactions—the latter of which is the third-largest M&A deal in history—for clients Vodafone and Microsoft, while Wachtell, Lipton, Rosen & Katz got the call for its first-ever deal for Verizon.Greenberg Traurig, Heller Ehrman settle malpractice suit
Greenberg Traurig has agreed to pay $4.9 million to settle a lawsuit accusing it of malpractice.SEC enforcement team from Bingham McCutchen joins Sidley
Yesterday, Sidley Austin announced it was beefing up its securities enforcement and regulatory team with 11 lawyers.Supreme Court Reverses Chancery Court in Bank Securities Dispute
A German bank was contractually obligated to pay distributions to investors who purchased its securities when the financial institution made similar distribution payments on securities it acquired through a merger with another bank, the Delaware Supreme Court has ruled. The high court's decision reversed and remanded a prior decision by the Delaware Court of Chancery, which held the German bank was not contractually obligated to make distribution payments.DLA Piper addresses emails regarding overbilling brought up in recent litigation
A couple of former DLA Piper lawyers could have gotten the firm in some hot water with some emails they sent when they were still with the firm in 2010.$17 million malpractice suit against DLA Piper dismissed
A plaintiff that accused its outside counsel of malpractice didnt have enough evidence to prove that the law firm acted improperly, a judge said earlier this week.Hedging Bets, Former Dewey Partners File Claims Against Bankrupt Estate
A review of more than 2,000 proofs of claim filed in Dewey & LeBoeuf's Chapter 11 bankruptcy finds partners, vendors, landlords, and other creditors lining up to be paid.Former Dewey Partners File Claims Against Bankrupt Estate
Lawyers, law firms among top contributors to presidential campaigns
The presidential election season is in full swing, and lawyers have been among the most active participants in the political process, at least financially speaking.Trending Stories
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