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Legal News

The AM Law Daily 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

Recent Entries: 2659

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Paul Weiss Wins Antitrust Approval in Hostile Fertilizer Bid

Posted on December 23, 2009
The dance between the world's three largest fertilizer companies continues. On Wednesday, Agrium's proposed hostile merger with CF Industries was granted conditional approval by antitrust regulators. Paul Weiss represented Agrium at the FTO.


Hollywood Legal Icon Bert Fields Named in Pellicano Wiretap Suit

Posted on December 23, 2009
The tawdry career of Anthony Pellicano has ensnared another lawyer and law firm.


The Am Law Daily's Year-End News Quiz

Posted on December 23, 2009
It's been a busy year for those of us who cover the legal industry. Now it's time for us to test how closely our readers have been paying attention to all that?s gone on in 2009.


Fortress Sues Dechert Over Dreier Investment

Posted on December 22, 2009
Dechert becomes the first law firm to find itself the lead defendant on a Dreier-related lawsuit.


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More than a Dozen Lawyers Leaving Dickstein for Kasowitz

Posted on December 22, 2009
Kasowitz Benson is set to announce the lateral hiring of about 15 lawyers from Dickstein Shapiro, including the managing partner of Dickstein's New York office.


Raj Pleads Not Guilty, But What About SAC Capital's Cohen?

Posted on December 22, 2009
With hedge fund billionaire Raj Rajaratnam pleading not guilty to insider trading charges on Monday, the widening government inquiry and two sensational civil suits have now shifted attention to another Wall Street titan, Steven Cohen of SAC Capital.


One Step Closer to Ticketmaster-Live Nation Deal

Posted on December 22, 2009
Only Canada and U.S. antitrust authorities stand in the way of a deal uniting the ticket-selling giant and the concert promoter.


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

Posted on December 22, 2009
Arnold & Porter takes two from Cadwalader, Hogan & Hartson loses one to Baker Donelson, and McDermott Will & Emery gains a Sonnenschein leader in Silicon Valley. Plus: moves to McKool Smith, Seyfarth Shaw, and Sutherland Asbill & Brennan...


And Then There Were None

Posted on December 22, 2009
At many prominent firms, the number of new partners has dropped precipitously this year. And on Tuesday, Cravath, Swaine & Moore confirmed just how low that number could go.


Skadden Wins Another One for Hotels.com, Other Brokers

Posted on December 22, 2009
Municipalities across the U.S. have filed dozens of lawsuits asking courts to apply various tax laws to Hotels.com and other online hotel room brokers. It's a fight the Web sites appear to be winning.


Clifford Chance Helps U.K. Newspapers Win Vital European Case

Posted on December 22, 2009
Given the twin challenges of dwindling circulation and notoriously plaintiff-friendly libel laws, it's rare that U.K. newspapers have cause for much celebration these days. Last week, though, a group of five news organizations, represented by Clifford Chance, won a crucial ruling related to the protection of anonymous sources.


Winston Lawyer Accepts Spot on CIT Board

Posted on December 22, 2009
Why would Daniel Ninivaggi decide to join the struggling lender's new team of independent directors? That's exactly what we asked him. 


Polarization in Firm Hiring of SCOTUS Clerks?

Posted on December 21, 2009
It sure looks like it, according to a New York Times analysis of a study published recently in The Vanderbilt Law Review.


Weil, Skadden on $1.9B Sanofi-Aventis Deal

Posted on December 21, 2009
The French pharmaceutical company is breaking into the U.S. consumer products market, with a $1.9 billion bid for Chattem. Lawyers from Weil Gotshal, Skadden, and Miller & Martin sealed the deal.


The Bankruptcy Files: Kirkland Handling Citadel's Crumble

Posted on December 21, 2009
The bankruptcy boom of 2009 may be coming to an end, but that doesn't mean 2010 will be a bust for debtor's counsel.


Ex-Fried Frank Associate Sues Firm, Claiming Harassment, Phony Reviews

Posted on December 21, 2009
The plaintiff, a lesbian, claims a female partner sexually harassed her and that the firm sabotaged her chance to become a partner. The plaintiff also alleges that the firm uses similar tactics to get rid of unwanted attorneys.


Bryan Cave, S&C Lead on $1.3B Mining Deal

Posted on December 21, 2009
We've written about a lot of mining deals, but few of them have involved two U.S.-based companies.


Latham, Clifford Chance Remain Busy in Dubai

Posted on December 21, 2009
The emirate's debt crisis promises to keep law firms there busy for quite a while.


Copenhagen Diary: Obama Storms Closed-Door Climate Meeting

Posted on December 21, 2009
As the UN summit came to a close this weekend, It's clear the conference achieved neither the universally accepted binding legal agreement that would have assured a dramatic reduction in greenhouse gas emissions nor was it a complete bust.


What Does Not Paying Taxes for a Decade Get You?

Posted on December 21, 2009
A one-year suspension from practicing law, at least in the case of Kaye Scholer's former head of pro bono work.


San Fran Real Estate Boutique Closes

Posted on December 18, 2009
After three decades, Ellman Burke is closing, with its highest-profile lawyers heading to Buchalter Nemer next month.


More Firm Lawyers Go Part Time

Posted on December 18, 2009
Reducing work hours in a shaky economy might not seem like the best move, but more attorneys took that chance this past year, The National Law Journal reports.


Did Big SCOTUS Firms Try to Edge Out a Little Guy?

Posted on December 18, 2009
Or were they simply looking out for the best interest of attorney-client privilege?


L.A. Legal Blotter: Triumph, Tragedy and Tiger in the City of Angels

Posted on December 18, 2009
As the motion picture capital of the world, Los Angeles is no stranger to legal drama. But a series of notable events--some of them tragic--over the past two weeks inspired us to pull together this roundup of L.A.-themed legal news.


Latham, Mayer Brown, Wilmer Lead on Unprecedented Ernst & Young Settlement

Posted on December 18, 2009
The finance giant will pay an $8.5 million fine for failing to disclose illegal accounting practices by one of its clients. 


Copenhagen Diary

Posted on December 18, 2009
Columbia law professor Michael Gerrard describes the scene in Copenhagen in the hours before 100 heads of state--including President Barack Obama--were expected to arrive in the city for the last day of the U.N.'s climate change conference.


The Am Law Litigation Daily -- Dec. 18, 2009

Posted on December 18, 2009
Litigator of the Week Richard Marmaro of Skadden, Arps, Slate, Meagher & Flom was brilliant in the criminal backdating trial of former Broadcom CFO William Ruehle; the Federal Circuit again rebukes an Eastern District of Texas judge for refusing to transfer a case; and a federal court judge enjoins a cigar maker's use of the Cohiba name...


Dealmaker of the Week: Jeffrey Karpf of Cleary Gottlieb

Posted on December 18, 2009
Karpf had a hand in the original TARP loan between the U.S. Treasury and Citigroup. Now he's helping his client to unwind the transaction.


Legal Remedies: Don't Put a Cork in It

Posted on December 18, 2009
Don't forget to protect your eyes when the bubbly starts flowing at holiday time, or you won't be feeling all that celebratory.


Airvana Reaches $530M Buyout Deal With Private Equity Firm

Posted on December 18, 2009
Simpson Thacher and WilmerHale played key roles in hooking up networking infrastructure manufacturer Aivana and affiliates of S.A.C. Private Capital Group. 


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