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February 12, 2007 | The Recorder

The List: New Partners in California 2007

Congratulations to the 270 lawyers in California who have made partner since July.
19 minute read
September 04, 2007 | Law.com

2nd Circuit Reverses $158 Million Award Against Allegheny Energy

Faulting Merrill Lynch for withholding "critical" details about the financial status of a subsidiary that it sold to Allegheny Energy Inc., the 2nd Circuit on Friday reversed a $158 million award against Allegheny. The circuit overturned a 2005 decision that directed Allegheny to pay the full purchase price for an energy unit that it purchased from Merrill Lynch, even though Allegheny claimed the financial services company misrepresented certain information about the unit, Global Energy Markets.
7 minute read
January 15, 2004 | New York Law Journal

New Deals

In a deal valued at more than $700 million, New York's largest drug store chain has agreed to be bought by a private equity firm, and two top New York firms helped close a major media acquisition.
3 minute read
April 01, 2005 | Law.com

Gaining a Foothold in Guantanamo

Now a cause celebre for powerful law firms, the legal effort on behalf of Guantanamo Bay detainees has attracted about 225 pro bono lawyers. Pending in D.C. federal court are 130 prisoners' suits, and that number may soar as Judge Colleen Kollar-Kotelly considers a habeas corpus petition filed on hundreds of detainees' behalf. Every new case means more documentation and delays. Even some attorneys with Guantanamo Bay clients are asking whether the volume of litigation may slow an already plodding dispute.
12 minute read
December 01, 2005 | The American Lawyer

Life Beyond Larry

On a quiet Friday in July, Larry Sonsini, the best-known lawyer in Silicon Valley, dropped a bomb on his partners at Wilson Sonsini Goodrich & Rosati: He was preparing to join Silver Lake Partners, a private equity firm with billions invested in tech companies like Ameritrade, Seagate Technology, and Thomson, as chairman. As one lawyer tells it: "On July 29 he decided he was leaving, and a press release was drafted."
17 minute read
May 31, 2000 | Law.com

The Graying of the Bar

As the baby boomers edge toward retirement age, benefits such as lifetime tenure that were once taken for granted are likely to become relics. In an effort to maintain -- or gain -- footing in a competitive environment, some firms are taking dramatic, highly visible actions that fall hardest on older partners. "They don't have a lot of choices. The ground rules have changed...," said Robert Hillman, a professor at the University of California-Davis School of Law.
14 minute read
Del. High Court: Objector Can Opt Out of Shareholder M&A Deal
Publication Date: 2012-12-31
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The Delaware Supreme Court rejected a bid by the private equity firm BVF Partners to scuttle a no-cash settlement over a 2011 merger between Celera Corp. and Quest Diagnostics, but the court also gave BVF a new avenue for going after Celera's board.

July 20, 2006 | Law.com

Pentagon Suspects Lawyer Involvement in Guantanamo Deaths

Pentagon officials and attorneys for the Guantanamo Bay detainees have always been at odds. "Our access to our clients makes it impossible for the military to control the narrative," says David Remes, a Covington & Burling partner who represents 17 detainees. When three prisoners committed suicide last month, the chasm grew even wider. Investigators seized 1,100 pounds of attorney-client-privilege material as part of a probe into whether outsiders, possibly lawyers, were involved in a larger suicide plot.
9 minute read
June 01, 2004 | Law.com

Inside Out

Roundtable participant said it best. Litigation is a destructive process. A clear winner rarely emerges, but if the battle lasts long enough, there are all sorts of losses. Litigation diverts management's time from running the company. It exposes dirty laundry, and it's costly. IP litigation in particular pulls scientists and engineers out of the lab and off the bench to teach lawyers the technology in dispute.
16 minute read
August 02, 1999 | Law.com

Law Firm Guide Gaining Influence

Vault Reports recently released their second annual guide to America's top 50 law firms with a crowded book party in New York. Last year, managing partners and recruiters didn't return their calls. Not anymore. New York's top law firms showed up at their party this year, anxious to please.
4 minute read

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