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Alston & Bird, Kirkland Join Raft of Firms Circling Potential Dell Deal
The two Am Law 100 firms—along with Delaware shops Morris, Nichols, Arsht & Tunnell and Richards, Layton & Finger—have stepped into the takeover battle for Dell, whose $24.4 billion leveraged buyout is in jeopardy as private equity firm The Blackstone Group and famed corporate raider Carl Icahn mount their owns bids for the computer maker.Strategic Alliances Offer Much
In today's global economy, a strategic alliance can offer tangible benefits to its participants, such as access to capital, expense and risk sharing, product or service fit and marketing capability. Yet structuring strategic alliances is difficult and there are significant legal issues and considerations that must be taken into account before, during and after the consummation of an agreement.Analyzing the 'Highest, Best Use' of Property Taken by Eminent Domain
John R. Casolaro, a partner at Carter Ledyard & Milburn, and Lee A. Ohliger, counsel at the firm, review recent cases involving a range of issues relating to highest and best use, including one where the condemnor claimed a property's current use as a water park was not financially feasible, given previous failures to turn a profit, another involving a potential assemblage of properties, and one that turned on a change in zoning.Judge Approves Delphi Sale Plan, Clears Way for Bankruptcy Exit
After 4 1/2 years, Delphi Corp. can see the exit sign. U.S. bankruptcy Judge Robert Drain told a packed Manhattan courtroom Thursday that he had approved Delphi's plan to hand over control of the company to its debtor-in-possession lenders. The lenders, in turn, have agreed to forgive billions of dollars of debt. The deal is expected to close by late August, pending regulatory approvals, according to Delphi's lead restructuring lawyer, Skadden's John Butler.Trending Stories
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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Meeting the Requirements of California's SB 553: Workplace Violence Prevention
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The Benefits of Outsourcing Beneficial Ownership Information Filing
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The Top 10 AI Use Cases in Private Equity
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