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AMR's $11 Billion US Airways Merger a Boon to Big Firms
Almost a dozen Am Law 100 firms have landed lead advisory roles on the proposed $11 billion merger of American Airlines parent AMR and US Airways Group—a Valentine's Day deal that would create the world's largest airline. While several firms have already reaped millions in attorneys fees for their work on the AMR bankruptcy, navigating the looming regulatory approval process is likely to fatten at least some of those firms' coffers even more.Seyfarth Snags Pillsbury Partner
With the addition of David Roseman, Seyfarth hopes to expand its West Coast real estate practice.
China Stay Gave Lawyer Time to Mull Career
John UyHam looks like your classic nose-to-the-books associate, slouching toward partnership. But last fall, the third-year associate quit a plum job at Atlanta's King & Spalding to travel through China. Thousands of miles away from associate life, he found time to contemplate his life and career. So when he came back, he knew what he wanted: a law firm job. The difference now is that he's sure.Judge Rejects SEC, BofA Settlement Over Merrill Takeover
New York federal Judge Jed S. Rakoff on Monday rejected the proposed $33 million settlement between the Securities and Exchange Commission and Bank of America stemming from the bank's takeover of Merrill Lynch & Co. In his opinion, Rakoff took the SEC to task for admitting the $33 million would be indirectly borne by the shareholders, while nonetheless arguing that the payment would increase shareholder scrutiny and management accountability.
Bernstein Litowitz lead counsel in Toyota shareholder suit
A federal judge in Losa Angeles named Bernstein Litowitz Berger & Grossman lead counsel on Monday in the shareholder class action against Toyota Motor Corp. over sudden unintended acceleration.Courtroom 'Magician' Outduels Morgan Stanley in $1B Case
Dan [email protected] PALM BEACH, Fla.-Three years ago, West Palm Beach, Fla., plaintiffs' attorney Jack Scarola was coming off a big fraud suit against Prudential Insurance in which three of his clients had received only $66,106 in damages and nine others had received nothing. At the time, a dejected Scarola described the verdict as "the highest-profile defeat I've sustained.Trending Stories
- 1Did Johnson & Johnson's Proposed $8B Talc Bankruptcy Plan Just Jump to $9.1B?
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- 3Procopio Cory Managing Partner John Alessio Dies at 55
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- 5The 2024 Midlevel Associates Survey: The Rankings
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