Legal News

Court Agreement Ends GGP Bankruptcy Bid Battle

Posted on May 07, 2010
Ending one of real estate's most protracted takeover battles, bankruptcy Judge Allan Gropper, in the Southern District of New York, agreed Friday to allow Chicago-based General Growth Properties, a mall real estate investment trust, to partner with Brookfield Asset Management of Toronto in an $8...

Fox Rothschild: Holding Steady

Posted on May 07, 2010
The firm's numbers improved across the board in 2009 despite the fact that it didn't lay anyone off or other tighten its belt.

Holland & Knight, Cravath on CGI's $1B Stanley Acquisition

Posted on May 07, 2010
The deal will enable CGI, Canada's biggest computer services provider, to expand further into the American defense market.

New York Pro Bono Report: Foie Gras, Legal Aid, Youth Lock-ups

Posted on May 07, 2010
Schulte Roth & Zabel, Orrick, Herrington & Sutcliffe, and Shearman & Sterling all lend a legal hand in a big week for noteworthy pro bono cases in New York.

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Legal Sector Loses 1,100 Jobs in April

Posted on May 07, 2010
The U.S. economy added 290,000 jobs in April, with nearly 80 percent of them in the private sector, according to the latest employment report released by the Bureau of Labor Statistics. But millions of Americans remain out of work.

Lowered Fee Cap May Scuttle $3 Billion Native American Settlement

Posted on May 06, 2010
Congressional approval of one of the largest class action settlements in U.S. history is getting hung up on the issue of--what else?--legal fees for plaintiffs' lawyers.

The "For Sale" Chronicles: Every Team Must Go!

Posted on May 06, 2010
We're entering one of the busiest times in recent history for sports lawyers, team owners, and would-be owners.

Cleary, Kirkland Lead on $1 Billion ABB/Ventyx Merger

Posted on May 06, 2010
The two firms took lead legal advisory roles on a deal that will see Swiss power and engineering company ABB acquire energy software manufacturer Ventyx from a U.S. private equity firm.

Firms Catch Shale Fever

Posted on May 06, 2010
Firms in Pennsylvania and beyond are finding rich seams of legal work in the natural gas-filled Marcellus Shale.

Amid U.K. Election, Odd Timing for a DLA Piper Memo

Posted on May 06, 2010
Millions of U.K. citizens headed to the polls Thursday to cast their votes in a general election that could result in a new national government for the first time in 13 years. The wife of one of the candidates vying for prime minister happens to be a DLA Piper partner--which has some observers wondering about why her firm would weigh in now with a warning about the potential ramifications of a government he might create.

Jersey Firm Really Wants Ex-Associate's Gripe Site Deleted

Posted on May 06, 2010
And so far, the firm has the upper hand.

Top Clifford Chance Partner Bolts for King & Wood

Posted on May 06, 2010
The move by capital markets partner Rupert Li is another sign of the growing market strength and prestige of the leading Chinese firms.

Seattle City Court Hires Perkins Coie for Fight With City Administration

Posted on May 05, 2010
Lawyers are certainly not strangers to appearing before a court, but advocating on behalf of a court is another matter entirely. A budgetary dispute in the Pacific Northwest has the Municipal Court of Seattle looking to Perkins Coie for a fight with the city government.

Is the WaMu Bankruptcy Finally On Its Way Out?

Posted on May 05, 2010
The bank's Chapter 11 case has provided a ton of work to a ton of firms. But it might finally be on the way to a resolution.

Big Week for IPOs Means More Work For Law Firms

Posted on May 05, 2010
Munger Tolles, Willkie Farr, Latham, Gibson Dunn, O'Melveny, Cahill Gordon, Simpson Thacher, and Sullivan & Cromwell are among the firms picking up corporate securities work in a big week for initial public offerings.

Covington Nabs Work on Newsweek Sale

Posted on May 05, 2010
Anybody want to buy a magazine?

Report: Kilpatrick and Townsend in Merger Talks

Posted on May 05, 2010
In the wake of Hogan Lovells, is the law firm merger market heating up again?

Malicious Prosecution Suit Against Manatt Gets Green Light

Posted on May 05, 2010
A dozen years after it started, Manatt's battle with The Franklin Mint over Princess Diana memorabilia is still a thorn in the firm's side.

THE AM LAW 100 2010: Profits Per Partner

Posted on May 05, 2010
Sixteen Am law 100 firms had profits per partner of $2 million or more in 2009, the same number as in 2008.

Ex-Card Shark Dimitri Lascaris Bets on Canadian Class Actions

Posted on May 05, 2010
Lascaris became one of Canada's leading securities plaintiffs lawyers after his cunning at the blackjack table got him banned from casinos on multiple continents. Will his class action gamble finally let him beat the house?

Sidley Lawyer Defends Lehman-Barclays Sale

Posted on May 05, 2010
Testimony continued Tuesday in the federal trial over Barclays' alleged $11 billion windfall.

He Wrote the Book on Legal Thrillers: A Q&A with Scott Turow

Posted on May 04, 2010
An interview with the lawyer/author on the occasion of the publication of a sequel he never thought he'd write.

ABA Feeling Heat Over Not Canceling Upcoming Meeting in Arizona

Posted on May 04, 2010
The American Bar Association is facing mounting pressure to pull an upcoming symposium on immigration, public interest, and pro bono law out of Phoenix as a protest against Arizona's controversial new immigration legislation.

The Bankruptcy Files: Aluminum, Concrete, and Construction

Posted on May 04, 2010
Gibson Dunn, K&L Gates, Kirkland & Ellis, Linklaters, Pachulski Stang, and Edwards Angell have all landed roles on the latest round of U.S. bankruptcy filings.

Are Some Partners Employees? And Can They Sue As Such?

Posted on May 04, 2010
One female partner thinks so, and her suit against a Pittsburgh firm could have huge implications across the Am Law 200.

Cleary, Simpson Thacher, Morgan, Lewis on $3.4 Billion I.D.C. Deal

Posted on May 04, 2010
The three firms helped hammer out a deal under which Massachusetts-based Interactive Data Corporation, a provider of financial market data, will be acquired by private equity firms Warburg Pincus and Silver Lake Partners.

Orrick Fires Back in Thornburg Fraud Suit

Posted on May 04, 2010
The firm and a key partner have rejected charges that they helped orchestrate an alleged fraud in their work on one of the juiciest bankruptcy cases we've come across.

Goldman Continues Building All-Star Legal Defense Team

Posted on May 04, 2010
Sullivan & Cromwell. Skadden Arps. O'Melveny & Myers. Gibson Dunn. Two more lawyers specializing in crisis communications. Why not add Paul Weiss to the equation?

More Departures from Ruden; Firm Continues to Insist All is Well

Posted on May 04, 2010
Three more partners are gone, with one claiming the firm's internal problems forced him to leave and another denying any such friction.

Hughes Hubbard Takes Lead on Privatization of Air Jamaica

Posted on May 04, 2010
Kenneth Lefkowitz, cochair of the firm's corporate practice, navigated bureaucratic delays and hurricanes in advising the Jamaican government on the sale of its national airline.

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