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Legal News

The AM Law Daily

Daily legal news from American Lawyer magazine.
By American Lawyer

Post Frequency: 9.5/day

Last Entry: March 30, 2011 at 21:00:00

Squire Sanders and Hammonds Shore Up Merger Terms

Posted on September 02, 2010
The merger that could create Squire Sanders Hammonds still isn't final, but more details of the proposed combination are beginning to trickle in from across the Atlantic.

Four Firms Line Up for 3G's $4 Billion Bite of Burger King

Posted on September 02, 2010
Skadden, Holland & Knight, Kirkland & Ellis, and Weil Gotshal all served up legal advice in 3G Capital's deal for the hamburger behemoth.

King & Spalding Guides $600 Million Botox Settlement

Posted on September 02, 2010
The settlement buys Allergan relief from federal civil and criminal claims that it promoted Botox for off-label uses.

Debevoise, S&C on Clayton's $2 Billion Univar Buy-In

Posted on September 02, 2010
The private equity sector continues to jump.

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HP Tops Dell in Bid for 3Par

Posted on September 02, 2010
Hewlett-Packard's $33-per-share, $2.4 billion deal for the upstart data storage company finally ended a frantic late-summer bidding war featuring outside lawyers from Cleary Gottlieb, Debevoise, and Wilson Sonsini.

$60 Million Suit Over "Making the Band" Gets Judge's OK To Proceed

Posted on September 01, 2010
The boy band reality TV show is long gone, but its memory lives in a battle over royalties featuring convicted Ponzi schemer Lou Pearlman, Viacom, MTV, and Sean "Diddy" Combs's Bad Boy companies.

Reuters Confirms: August Was Busy M&A Month

Posted on September 01, 2010
Or was it? As always, it pays to read the small print.

Jones Day Joins Tribune Hell; Plus, the Examiner's Final Bill

Posted on September 01, 2010
As the Tribune bankruptcy case careens toward the two-year mark, Jones Day enters the fray.

The Bankruptcy Files: Station Casinos Reorganization Plan Confirmed

Posted on September 01, 2010
The gambling company secured final confirmation of a plan that will wipe out $4 billion of debt and allow it to emerge from bankruptcy early next year.

Baker Botts Partner Accused of Contributing to Texas Teen's Death

Posted on September 01, 2010
A mother and father claim Thomas Phillips and his wife allowed their daughter to get drunk at a party at their Texas home before her death in a car crash.

Has Casey's Won the Convenience Store Wars?

Posted on September 01, 2010
They got a substantially higher offer from their would-be acquiror today.

ASSOCIATES SURVEY 2010: The Lucky Ones?

Posted on September 01, 2010
Many people would consider Am Law 200 midlevel associates to be extremely fortunate. But that's not how they see it--the midlevels who survived the great purge aren't feeling particularly fortunate. In fact, they seem downright cranky. In our annual survey of 5,092 midlevel associates, the average composite score fell to the lowest level in six years.

King & Wood Brings on International Arbitration Specialist from Pillsbury

Posted on August 31, 2010
Mary Utterback will continue to work in Shanghai for the Beijing-based King & Wood as a member in the international arbitration department.

The Churn: Lateral Moves and Promotions in The Am Law 200

Posted on August 31, 2010
A Securities and Exchange Commission veteran heads to Steptoe & Johnson, working on compliance matters. Chadbourne & Parke welcomes a finance partner in Moscow. And Sheppard Mullin expands in Shanghai with a new corporate attorney. The Churn is constant...

Skadden, Foley Lead on $900M Wind Power Deal

Posted on August 31, 2010
Smells like the future.

Bingham at Center of Dodgers Divorce Case

Posted on August 31, 2010
The McCourt divorce trial got off to a fittingly snarky start.

Sanofi's $18.5B Bid for Genzyme Revealed; Dell, HP Battle for 3PAR Continues

Posted on August 30, 2010
As we reported on August 3, Weil Gotshal is representing French drug make Sanofi in its bid for the Cambridge, Massachusetts-based biopharmaceutical company--Sanofi revealed an $18.5 billion offer on Sunday. And the battle for 3PAR continues. As one news headline about the bidding war asks, are Dell and HP crazy? We're starting to wonder.

Another IP Partner Leaves Kirkland

Posted on August 30, 2010
The firm's intellectual property practice has suffered a few big losses over the past year and Monday brought news of more--IP partner Gerald Flattmann Jr. is heading to Paul Hastings as a partner. He will be joined by IP attorneys Melanie Rupert and Christine Willgoos.

If Blockbuster Goes Bankrupt, Weil Will Be There

Posted on August 30, 2010
Lawyers from Weil, Gotshal & Manges--not Kirkland & Ellis--are helping Dallas-based Blockbuster through its latest restructuring battle.

LeBron, Squire Try to Reject Lawyer's Paternity Suit

Posted on August 30, 2010
And they are not holding back in criticizing the man who claims he is the basketball star's father.

Good Times Continue At MoFo With $943 Million Cogent Deal

Posted on August 30, 2010
It's official: Morrison & Foerster's corporate lawyers are on a hot streak. On the same day that the firm advised Intel on its second major acquisition in as many weeks, MoFo lawyers took the lead representing Cogent Systems on its $943 million acquisition by 3M.

MoFo Works Second Intel Deal in Two Weeks with Infineon Purchase

Posted on August 30, 2010
Morrison & Foerster advised Intel on its second billion-dollar deal in two weeks. The world's largest computer chip maker picked up Infineon's wireless unit, which was represented by Paul Weiss, for more than $1 billion.

Five Years After Katrina, Local Firms Soldier On

Posted on August 30, 2010
It's hard to believe that five years have passed since Hurricane Katrina devastated New Orleans. The National Law Journal has the story on how some local law firms got back to business.

McDermott Fires Back

Posted on August 30, 2010
The firm denies charges it mucked up a patent case, and, by the way, it would like $490,000 in unpaid legal bills.

The Careerist: When the Closet is a Career Choice

Posted on August 29, 2010
Former Akin Gump partner Ken Mehlman recently admitted that he has spent most of his life as a closeted gay man. How would this have played out had Mehlman stayed on as a partner in a large law firm?

Barclays' Cleary Lawyers, Others Take Stand in Lehman Suit

Posted on August 28, 2010
Lawyers for the trustee in the Lehman Brothers bankruptcy are attempting to convince a bankruptcy judge that Barclays and a small group of Lehman executives and their lawyers secretly knew the U.K. bank was getting a $5 billion discount on Lehman assets when it bought the bank's North American capital markets business in September 2008.

Dealmaker of the Week: Eric Shube of Allen & Overy

Posted on August 27, 2010
Two and a half years after buying a minority stake in Alcon, Novartis closed on the purchase of Nestle's remaining stake and gained control of most the eyecare company. If Novartis succeeds in acquiring the rest, the deal will be Switzerland's largest merger ever at a value of more than $50 billion.

Paul Allen Sues Google, Other Tech Bigwigs

Posted on August 27, 2010
Get ready for another major showdown in the IP litigation realm. Microsoft cofounder Paul Allen has slapped AOL, Apple, eBay, Facebook, Google, Netflix, Office Depot, OfficeMax, Staples, Yahoo, and YouTube with patent infringement suits. Any one else you'd like to add, Paul?

High-Profile International Assignments a Boon to Some Firms

Posted on August 27, 2010
August has been a busier month than usual for corporate lawyers handling various transactional matters for their clients. In the month's last full week, firms like Dorsey & Whitney, Orrick, and Sidley Austin picked up significant pieces of work in the global arena.

The Billable Hour Endures

Posted on August 27, 2010
Law firms won't be moving away from the billable hour in a meaningful way anytime soon. It not only survives, but it has some powerful defenders.

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