0 results for 'Cravath, Swaine & Moore LLP'
Leading M&A Partner Leaves Paul Weiss to Launch Business Advisory Firm
Toby Myerson is leaving after 33 years at the firm, where he helped build a corporate department that has attracted high-profile lateral partners this year from Cravath, Swaine & Moore and Cadwalader, Wickersham & Taft.
Deal Watch: Cravath Leads on Time Warner, Tobacco Mega-Mergers
Christmas has come early to Cravath, Swaine & Moore. The firm is advising British American Tobacco on a $47 billion cash-and-stock bid for the remaining stake in cigarette giant Reynolds American it doesn't already own. Meanwhile, another longtime Cravath client, Time Warner Inc., has agreed on a $108.7 billion sale to AT&T.
Legal's Move to the Cloud: CloudLex Closes Series A Round With $3.7M
The investment marks another step in the legal technology industry's continued transition to the cloud.
Alito, Thomas to Headline Federalist Society Annual Convention
Justices Clarence Thomas and Samuel Alito Jr. are headliners next month at the Federalist Society's annual national convention, which will focus on the legacy of the late Justice Antonin Scalia. The agenda marks the return of the appearance of at least one conservative justice—a seven-year streak that ended last year when no justice spoke at the event in Washington. Numerous lawyers from Big Law are set to participate on panels at the convention.
Cognitive Dissonance and Law Firm Associate Pay
Steven J. Harper tackles issues of law firm associate salary increases and client costs, writing: Corporate clients truly worried about the long-run might want to spend less time obsessing over young associates' starting salaries and more time focusing on the behavior of older attorneys at their outside firms. In the end, clients will bear the costs of short-term thinking that pervades the ranks of big firm leaders.
Deal Watch: All About Energy and a Sanction-Free Sale
Energy company acquisitions dominated the billion-dollar transactional tables last week and a big deal announced over the weekend—one specifically structured to avoid Western sanctions—has yielded roles for a half-dozen firms from the U.K. and India.
SEC Whistleblower, Rejecting Award, Cites Revolving Door for Lax Enforcement
Former Deutsche Bank risk officer Eric Ben-Artzi grabbed headlines this year when he said he was rejecting a multimillion-dollar SEC whistleblower award. In refusing any compensation, Ben-Artzi put a spotlight on the revolving door at the agency: "So why did the SEC not go after Deutsche's executives? The most obvious concern is that Deutsche's top lawyers 'revolved' in and out of the SEC before, during and after the illegal activity at the bank," he said. Last week, U.S. Sen. Elizabeth Warren, D-Massachusetts, long a critic of SEC Chair Mary Jo White's leadership, raised new concerns in a letter to President Obama.
Jones Day Advises Newell on $1.95 Billion Sale of Tool Business
The deal, announced Wednesday, is part of the consumer products giant's "new strategic plan" to sharpen its "portfolio choices and investment priorities that will focus on the businesses with the greatest potential for growth."
Winston, Orrick Reprise Roles as Top Firms for NBA Players
The National Basketball Players Association, now under the leadership of former Skadden litigation partner Michele Roberts, recently filed its annual report with the U.S. Department of Labor. The union spent more than $1.8 million on legal fees to 14 firms in 2015-16.
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