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Proskauer Among Many Firms Drawn to Puerto Rico's Pseudo-Bankruptcy
In a move that could dwarf the massive municipal bankruptcy of Detroit, Puerto Rico indicated Wednesday that it would begin a bankruptcy-type process to restructure $70 billion in debt. Proskauer Rose, Quinn Emanuel, Kirkland & Ellis, Dentons and Cleary Gottlieb have been involved in the island's mounting debt crisis in recent years.Proskauer Among Many Firms Drawn to Puerto Rico's Pseudo-Bankruptcy
In a move that could dwarf the massive municipal bankruptcy of Detroit, Puerto Rico indicated Wednesday that it would begin a bankruptcy-type process to restructure $70 billion in debt. Proskauer Rose, Quinn Emanuel, Kirkland & Ellis, Dentons and Cleary Gottlieb have been involved in the island's mounting debt crisis in recent years.The Am Law 100: By the Numbers
Our data on law firm finances makes for some interesting comparisons.Deal Watch: Virtu and Paul Weiss Seek HFT Supremacy
High-speed electronic trader Virtu Financial Inc. turned to Paul Weiss to handle its $1.4 billion acquisition of rival KCG Holdings. The transaction has yielded roles for a half-dozen other Am Law 100 firms, including one firm firm trying to help retired New York Yankees star and ex-Florida Gov. Jeb Bush buy the Miami Marlins.Deal Watch: Virtu and Paul Weiss Seek HFT Supremacy
High-speed electronic trader Virtu Financial Inc. turned to Paul Weiss to handle its $1.4 billion acquisition of rival KCG Holdings. The transaction has yielded roles for a half-dozen other Am Law 100 firms, including one firm firm trying to help retired New York Yankees star and ex-Florida Gov. Jeb Bush buy the Miami Marlins.Law Firm Recruiters Blast Headhunter's 'Sexist' Job Hunt Column
The founder of BCG Attorney Search wrote that law firms fill recruiting jobs with women who are “quite attractive and fit,” but also sometimes “ditzy” and “more focused on themselves than their jobs.”Deal Watch: Three Firms Advise on Medical Supply Mega-Merger
Skadden, Arps, Slate, Meagher & Flom, Weil, Gotshal & Manges and Wachtell, Lipton, Rosen & Katz are advising on a proposed $24 billion deal that will see Becton, Dickinson & Co. acquire medical device manufacturing rival C.R. Bard Inc. Skadden and Wachtell also advised on another $6.1 billion deal involving Cardinal Health Inc.Partner Promotions Dip at New York's Largest Firms
Many law firms eased back on partner promotions last year, but the slowdown was less pronounced in New York—especially in corporate practices.Trending Stories
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