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October 03, 2024 | The American Lawyer

Clifford Chance Acted for Three Clients on a Single Deal Process—Is it a Problem?

A closer look at the deal reveals something about the practices of legal advisers, and, crucially, an apparent tolerance for having one law firm advise multiple clients on the same matter.
7 minute read
September 25, 2024 | The American Lawyer

Deal Watch: Freshfields, Simpson, Kirkland, Paul Weiss Among Big Firms on International Deals

Law firms that have large groups of dealmakers both inside and outside the U.S. appear to be benefiting from a series of international deals lately.
9 minute read
September 18, 2024 | National Law Journal

SDNY Judge Dismisses Antitrust Class Action Alleging Global Bank Price-Fixing Conspiracy

"Here, the plaintiff has failed to allege any facts to show that the defendants engaged in parallel conduct that suggests the existence of a price-fixing conspiracy and each defendant's participation in that conspiracy," U.S. District Judge John G. Koeltl wrote in his memorandum opinion. "This kind of barebones group pleading of parallel conduct is insufficient."
2 minute read
September 17, 2024 | The American Lawyer

Deal Watch: Midmarket Private Equity Activity Helps Fuel Law Firm Demand

The lack of big PE deals has been a damper on overall deal activity while midmarket work has picked up some of the slack. That may change soon.
8 minute read
September 10, 2024 | The American Lawyer

Deal Watch: Mega M&A Bounces Back, as NY Law Firms Lead Recent Big Deals

The Wall Street firms had a good week, while the reemergence of the 'megadeal' this year has buttressed deal work.
8 minute read
August 30, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout-Outs

Davis Polk & Wardwell secured a win for Morgan Stanley in a case the firm has handled since 2012 against German bank IKB Deutsche Industriebank AG stemming from IKB's purchase of residential mortgage-backed securities between 2005 and 2007.
5 minute read
August 27, 2024 | New York Law Journal

Real Estate Fund Sues Fiduciary After $58 Million USD Converted to Euros

Plaintiffs, represented by a team at Steptoe, claim Land Services USA breached their contractual and fiduciary obligations as escrow agent while disbursing a loan from Deutsche Bank Luxembourg in July.
2 minute read
August 22, 2024 | New York Law Journal

Argentina Owes Bondholders More Than $300 Million, 2nd Circuit Rules

A unanimous three-judge panel affirmed a lower court's finding that investors were owed reversionary interests in collateral backing the bonds, which recently matured.
3 minute read
August 05, 2024 | The American Lawyer

Deal Watch: How Latham Got the Work Behind the Largest IPO of 2024

In something of a departure from Latham's traditional IPO work, the firm ushered Lineage through the full process of funding the company, scaling it, making acquisitions and, now, a public offering.
12 minute read
August 05, 2024 | The American Lawyer

Paul Hastings Swoops for Weil Structured Finance Partner

This is the second Weil London leaver in the space of a couple of months.
2 minute read

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