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February 01, 2007 | Law.com

Wilson Helps Sun Settle $700M Deal

A strategic investment is one thing, but when it puts a new director on your board and could launch takeover fears, there's more to be considered.
2 minute read
December 06, 2006 | Law.com

Huge IPO Case Hits Big Snag at 2nd Circuit

The 2nd Circuit on Tuesday vacated class certification in six key cases in the litigation over dot-com era initial public offerings -- a potentially devastating setback for plaintiffs in the biggest consolidated securities class action in U.S. history. The decision leaves in doubt whether plaintiffs will ever certify a class against IPO underwriters in the more than 300 cases that make up In Re IPO Securities Litigation. It may also help to unravel a pending $1 billion settlement agreement.
5 minute read
July 26, 2006 | Law.com

N.Y. Judge Appoints Milberg Co-Lead Counsel in Backdating Suit

A New York judge has given a boost to Milberg Weiss Bershad & Schulman by appointing the embattled law firm co-lead counsel in a consolidated suit over stock option backdating. The appointment in the high-profile Comverse Technology backdating scandal would have been barely noteworthy for Milberg Weiss in the past, but since its indictment a number of judges around the country have questioned whether the firm should be awarded lead counsel status in upcoming matters.
5 minute read
August 29, 2012 | The American Lawyer

Big Deals

AB InBev/Modelo; Bristol-Myers Squibb/Amylin; Walgreen/Alliance Boots; Alibaba/Yahoo
13 minute read
April 27, 2007 | Law.com

N.Y. High Court: Davis Polk Didn't Commit Malpractice, Is Entitled to Fee

Davis Polk & Wardwell did not commit legal malpractice in its handling -- ultimately successful -- of a long-standing federal tax case for the AmBase Corp. and is entitled to a fee of more than $1.4 million, the New York Court of Appeals ruled unanimously Thursday. Though it won the tax case, AmBase balked when Davis Polk submitted a bill for a "success fee" that was provided for in the retainer agreement between the company and the firm.
5 minute read
April 26, 2004 | New York Law Journal

If This Is a Recovery, Why Am I Unemployed?

With blockbuster merger announcements and even Internet initial public offerings once again making headlines, it's only a matter of time before the legal job market soars back to its late '90s heights. Right? Don't hold your breath. Also, check out the complete New York Law Journal Magazine.
8 minute read
September 10, 2007 | Law.com

Commentary: What's the Next Step After Law School?

It's a time-honored tradition: going to law school to "keep your options open." But as many law students come to know all too soon, identifying what those options are and how to pursue them successfully can be a challenge both in law school as well as after several years of practice. Consultant Kate Neville explains where students and attorneys can turn for career information, from the obvious, such as law school career services, to the not so obvious, such as 3Ls.
11 minute read
September 20, 2005 | Law.com

Creditors May Suffer, but Lawyers Will Profit From Delta, Northwest Bankruptcies

Unlike most creditors of ailing airlines, the law firms and legal consultants being tapped by Delta and Northwest to handle their bankruptcy cases and corporate tax and immigration issues probably won't have to worry about getting their money since they're given priority by the courts. It's the business of bankruptcy, and these days, with four major airlines in Chapter 11, it's big business. A partner at one of the firms helping Delta charges $795 an hour.
6 minute read
November 08, 2001 | Law.com

Airport Security Firm Relying on Congress to Solve Financial Woes

The security firm that screens passengers at over 100 airports across the U.S. hopes to fend off its court-ordered sale until a congressional conference committee approves pending airline security legislation. The president of Cleveland-based International Total Services Inc., which filed for bankruptcy Sept. 13, says the company's survival depends on whether Congress federalizes airport security.
9 minute read

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