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January 04, 2005 | New York Law Journal

Clifford Chance Head to Relocate To New York, Build U.S. Practices

4 minute read
March 26, 2007 | Law.com

Blackstone Files for Landmark IPO, Could Raise up to $4B

Private equity colossus Blackstone Group filed a preliminary prospectus Thursday for an IPO of up to $4 billion. The filing makes clear that the IPO isn't a means to raise capital for investments. Part of the proceeds will be used to buy stock in the management entities from Blackstone's partners, apparently allowing them to take cash out. Regulatory restrictions will prevent the firm from investing more than about 40 percent in its funds or other securities or in buyouts, a securities lawyer said.
5 minute read
December 16, 2002 | New Jersey Law Journal

Mergers & Acquisitions

2 minute read
July 01, 2005 | The American Lawyer

On the Brink: A Tumble on the World Stage

Being spurned by a suitor hurts. And when the prospect walks away with part of the dowry, that stStormy seas are nothing new at Coudert Brothers.
4 minute read
August 14, 2002 | Law.com

Legal Outreach Makes Its Mark

James B. O'Neal went from Harvard Law school to Harlem, driven by a need to give back to the black community. Using seed money from Harvard, he started Legal Outreach in 1982 with the goal of encouraging disadvantaged kids to become lawyers -- and the effort is paying off. But to O'Neal, it hardly matters that not all the students in the program will become attorneys. The structure and discipline of the law itself is lesson enough.
6 minute read
February 10, 2004 | Law.com

WTC's Silverstein and Insurers Spar in Jury Trial

Lawyers for World Trade Center leaseholder Larry Silverstein and 13 insurers gave opening statements Monday in a trial that will determine whether Silverstein gets $3.5 billion or twice that much. The insurers say they provided coverage under a policy that defines an occurrence as "one cause" or "one series of similar causes," while Silverstein claims a different form was operative at the time of the 9/11 attacks, and that it defines the attacks as two occurrences.
5 minute read
January 05, 2005 | Law.com

Clifford Chance Head to Relocate to New York

In a move to affirm his law firm's commitment to the U.S. market, Clifford Chance global managing partner Peter Cornell will relocate to New York -- making him the first head of a Magic Circle firm to be resident in the United States. The firm's managing partner for the Americas stressed that the move was not a reaction to recent departures from the firm. Dozens of partners in New York and Washington have left over issues such as the firm's insistence on lockstep compensation.
4 minute read
September 29, 2003 | New York Law Journal

Term 'Occurrence' Used By Silverstein, Insurers Is Ambiguous, Panel Says

8 minute read
March 09, 2007 | New York Law Journal

Agency's Site Gets Face Lift, Thanks to Davis Polk, Others

Today's launch of the Legal Aid Society's newly redesigned Web site marks the first completion phase of a four-step action plan by a group of six private law firms and three legal consultancies working together to overhaul the poverty law organization's seriously outmoded technology systems.
4 minute read
August 31, 2007 | Law.com

Finance Lawyers Under Scrutiny As Banking Clients Revisit Deal Terms

Acquisition finance lawyers are braced for intense scrutiny of their work from key clients as banks pore over deal terms with a view to re-negotiating debt terms on a string of major buy-outs, thanks to the impact of the August turmoil in global credit markets. Some deal lawyers may be concerned by Home Depot's recent decision to re-negotiate the terms of the sale of its wholesale supply unit -- lowering the $10.3 billion price by $1.8 billion -- after the financing banks threatened to walk away.
3 minute read

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