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There's a Tear in the Beer in Coblentz Deal
Its trucks have been rolling through the streets of San Francisco since the end of Prohibition distributing beer to local restaurants and stores. But after seven decades, Golden Brands Beverage Distributors is changing hands. And Pillsbury Winthrop lawyers just completed what they describe as the first Japanese IPO by an American company that was not dual-listed in the U.S. when San Diego-based biotech MediciNova Inc. raised $107.7 million on the Osaka Securities Exchange's Hercules Market.Dewey Ballantine and LeBoeuf Lamb to Merge
Dewey Ballantine and LeBoeuf, Lamb, Greene & MacRae have agreed to merge, creating a firm of more than 1,300 lawyers. Subject to partner approval, the planned combination is the largest ever between New York-based firms. The combined firm, which will be known as Dewey & LeBoeuf, will have 550 lawyers in New York, making it the fifth-largest in the city. The announcement comes just eight months after a highly anticipated merger between Dewey and Orrick, Herrington & Sutcliffe messily collapsed.Ex-Students' Claims of Sex Abuse by Coach Proceed to Discovery
Nine former students who claim that Brooklyn's Poly Prep Country Day School engaged in a decades-long cover-up of a sexually abusive football coach have scored a significant victory in their lawsuit against the prestigious, 156-year-old school. On Tuesday, Eastern District Magistrate Judge Cheryl L. Pollak granted a discovery motion that allows the plaintiffs to depose the school's current and former headmasters and requires the school to turn over personnel files and investigative records.Audio Portions From Doomed 9/11 Flight to Be Heard at Trial
Sounds of the last frantic moments before a plane seized by terrorists crashed in rural Pennsylvania on Sept. 11, 2001, will be heard by a jury, a federal judge has ruled. However, Southern District of New York Judge Alvin Hellerstein said the jury determining damages for the death of a man on board United Airlines Flight 93 when it crashed near Shanksville, Pa., will only be allowed to hear part of the cockpit voice recording, due to privacy concerns and the limited relevance of the entire recording.Out-of-Town Firms Importing Talent to Boost N.Y. Efforts
Law firms eager to expand in the New York market from elsewhere have long bemoaned the fiercely competitive local market for lateral partners.Facebook To Buy Instagram For $1 Billion In Biggest Acquisition Yet
San Jose's Tessera Finally Makes It To Market With IPO
Spurned by investors three years ago, Tessera Technologies Inc. is now an industry darling. Last week, the San Jose company issued its initial public offering of 7.5 million shares of common stock at $13 per share. The following day shares were trading around $18. Robert Koenig, a partner at Latham & Watkin's Silicon Valley office who led the team representing Tessera, attributed the company's success this time around to the change in the market and Tessera's history of profitability.Trending Stories
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