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Gibson Helps HP on $1.2B Palm Deal
Palo Alto partner Russell Hansen led the Gibson, Dunn & Crutcher team helping Hewlett-Packard in the acquisition. As we've noted before, Davis Polk & Wardwell is representing Palm.Auditing firm Grant Thornton has partially settled claims that it covered up securities fraud by failed telecom Winstar Communications. According to a stipulation filed Thursday, Grant Thornton reached a confidential settlement with 22 institutional investors in Winstar, but still faces class claims by all Winstar investors.
Shoring Up a Faltering Shearman
After a tough few years, Shearman & Sterling has a new leader charged with keeping the 133-year-old patrician firm in the top tier.Citi is the first major financial institution to resolve SEC allegations that it misled investors about its subprime exposure. We're betting it won't be the last.
Purdue Pharma and its lawyers at Chadbourne & Parke convinced the appellate court to dismiss hundreds of claims by non-New York Oxycontin defendants on forum non conveniens grounds.
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