Europe Top News

United Kingdom
Continental Breakfast with Gibson Dunn's Charlie Geffen

By Chris Johnson |

American Lawyer chief European correspondent Chris Johnson meets regularly with senior legal sector figures at their favorite breakfast joints to chew over the industry's tastiest talking points. This week, Charlie Geffen discusses life after being ousted from his former managerial position at Ashurst and his new role as head of Gibson Dunn's London corporate practice.

United Kingdom
Big British Firm Seeks U.S. Merger Partner in 2015

By MP McQueen |

Bryan Hughes, CEO of London-based Eversheds, tells The Am Law Daily that a “cultural fit” is key when it comes to whittling down a 10-firm list of potential merger partners for his 1,200-lawyer outfit next year.

Otis Littlefield, Morrison Foerster partner

Q&A: MoFo's Otis Littlefield on Europe's New Patent Court

By Scott Graham |

The European Union is moving in fits and starts toward a single Unified Patent Court to handle disputes over European patents. The new court will mark a seismic shift in global patent litigation, says Morrison & Foerster patent specialist Otis Littlefield.

United Kingdom
U.K. Bank Investigations Keep Magic Circle, Am Law 100 Firms Busy

By Chris Johnson |

Clifford Chance, Allen & Overy and Gibson, Dunn & Crutcher are among the top English and American firms called on to represent banks as regulators clamp down on poor service and market abuse.

Paul Tosetti and Cary Hyden

Ireland, Canada
Dealmakers of the Week: Cary Hyden and Paul Tosetti of Latham & Watkins

By MP McQueen |

The two corporate partners led the deal for Latham & Watkins' representation of Allergan in a hotly contested takeover battle against Canada'a Valeant Pharmaceuticals that ended with the company being bought by Dublin-based Actavis plc.

London skyline

United Kingdom
The Global Lawyer: Pro Bono Law in an Anti Bono Land

By Michael D. Goldhaber |

Is pro bono about feeling good, or maximizing legal services for the poor? U.K. lawyers debate the question at the European Pro Bono Forum.

Turkey
DLA Piper's Turkey Office Demerges From Firm

By Chris Johnson |

What had been DLA Piper's Turkish office is reestablishing itself as an independent practice.

Malaysia, United Kingdom
Norton Rose Fulbright on $2.1B Financing for Battersea Project

By Tom Brennan |

The London icon, seen in The Beatles movie Help! and on the cover of a Pink Floyd album, is being developed into a mixed-use site with luxury residences, retail shops and restaurants.

The Churn

Germany, Italy, Dubai
Bingham, Edwards Wildman Partners Defect, Plus More Lateral Moves

By Brian Baxter |

Edwards Wildman Palmer and Bingham McCutchen lawyers head for the exits, Curtis Mallet-Prevost opens an office in Rome and other notable hires from throughout The Am Law 200.

Russia, Switzerland, Qatar
Kirkland & Ellis Partner Claims FIFA Report Misrepresents Findings

By Nathalie Pierrepont |

FIFA, the Zurich-based governing body for global soccer, released a summary of its investigation into the World Cup bidding process on Thursday, clearing Russia and Qatar of wrongdoing. But the head of the investigatory branch of the organization's ethics committee disagrees.

Switzerland, United Kingdom, United States
Five Megabanks Learned to 'Game the System,' Feds Say

By Jenna Greene |

Five megabanks agreed to pay nearly $1.5 billion on Wednesday to settle charges by the Commodity Futures Trading Commission of attempting to manipulate global foreign-exchange benchmark rates.

China, India, Russia
Are Your Brands Safe in China, India and Russia?

By Lisa Shuchman |

A company’s brands are among its most important assets. But a new survey shows that corporate executives and legal departments charged with protecting those assets consider their brands to be most vulnerable in China, India and Russia.

Italy
Curtis, Mallet-Prevost Plants Second Flag in Italy

By Nathalie Pierrepont |

New York-based Curtis, Mallet-Prevost, Colt & Mosle is opening an office in Rome with the addition of two partners focused on banking and finance and real estate.

Germany, Italy, United Kingdom
Antitrust Extradition: The New Reality

By David Laing |

In April the U.S. Department of Justice completed extradition of the first defendant of an antitrust violation in the 124-year history of the Sherman Act, an Italian national extradited after his arrest in Germany in 2013.

The Churn

France, United Kingdom, Mexico, United States
Covington Nabs MoFo Financial Services Pro, Plus More Lateral Moves

By Brian Baxter |

Covington & Burling picks up a leading consumer financial services lawyer from Morrison & Foerster, a firm that recently saw a technology transactions partner join the NBA; Gibson Dunn makes a government hire after election season; two more firms raid Bingham; and other notable hires from throughout The Am Law 200.

Aaron Marcu and Matthew Menchel

Switzerland
The Lawyers Behind the Defense Victory in Ex-UBS Banker's Criminal Trial

By David Bario |

Litigators of the Week: Aaron Marcu of Freshfields and Matthew Menchel of Kobre & Kim. For the defenders of former UBS banker Raoul Weil, a six-year prosecution ended with their client crying tears of joy.

United Kingdom, United States
Bingham, Edwards Wildman Slim Down Ahead of Potential Mergers

By Brian Baxter |

As Boston-based Bingham McCutchen and Edwards Wildman Palmer move toward potential merger votes with separate suitors, the latter is shedding a small number of staffers from its struggling London office. Bingham, meanwhile, could see up to 25 partners in three offices head elsewhere ahead of a possible union with Morgan, Lewis & Bockius.

The Churn

Morocco, United Kingdom, United States
Dentons Grows in New Jersey and Africa, Plus More Lateral Moves

By Brian Baxter |

One of the world's largest firms expands in the Garden State and Casablanca; Katten Muchin Rosenman adds a former Dealmaker of the Year; Norton Rose Fulbright gets into cybersecurity; Willkie Farr & Gallagher goes to Houston and more notable hires from throughout The Am Law 200.

The U.S. Court of Appeals for the Second Circuit in Manhattan.

Russia
Yukos Unit Defeats Bid to Nix $186M Arbitration Award

By David Bario |

International arbitration pro Matthew Slater of Cleary Gottlieb suffered back-to-back $185 million defeats this week in appeals challenging 2007 arbitration awards against his clients.

Jeffry Mann, Morgan Lewis & Bockius

France, United States
Morgan Lewis Makes a French Connection

By Patience Haggin |

Playing host to the French Consulate General's New Technology Venture Accelerator program, Morgan Lewis's San Francisco office is hosting executives from a select 15 promising French tech startups for a week of business training, mentoring and networking.

Thailand, Vietnam, Russia
Bio-Rad to Pay $55 Million to Settle FCPA Charges

By Cheryl Miller |

The SEC said the Bay Area life sciences company paid $7.5 million in bribes to secure business in Russia, Thailand and Vietnam.

India, United Kingdom
Osborne Clarke Strikes Best-Friend Alliance in India

By Tom Brennan |

The U.K. firm is partnering with a newly created Indian outfit launched by Osborne Clarke's former India practice co-head.

United Kingdom, Canada
At Norton Rose Fulbright, a New Guard for the New Year

By Nathalie Pierrepont |

After 12 years, Norton Rose Fulbright chief executive Peter Martyr will relinquish his managing partner responsibilities in the U.K. to Martin Scott, while John Coleman, managing partner of Norton Rose Fulbright Canada, will pass the baton to Charles Hurdon.

Expanding Overseas? Think (and Act) Local

By Lisa Shuchman |

Companies expanding globally face multiple challenges if they do not identify the laws and regulations of each country in which they operate, a panel of lawyers said at the Association of Corporate Counsel's annual meeting.

Germany
Amid Legal Struggles, Deutsche Bank Assoc. GC Found Dead

By Sue Reisinger |

Deutsche Bank AG's legal team suffered a double blow when an associate general counsel was found dead in his home, and the bank said its continued legal struggles would result in more than $1 billion in litigation costs in the third quarter.

The Churn

China, Japan, Australia, Spain, United Kingdom, United States
Willkie Adds Another Ex-Kirkland Partner, Plus More Lateral Moves

By Brian Baxter and Wenxiong Zhang |

Eight months after leaving Kirkland & Ellis for McDermott Will & Emery, private equity partner Leonard Klingbaum is on the move again; Greenberg Traurig hires a former California Senate leader; Weil, Gotshal & Manges adds a high-yield partner in London and other notable hires from throughout The Am Law 200.

Singapore, United Kingdom
From the Experts: Rule Revisions From 5 Top Global Arbitral Institutions

By Kiera Gans and Amy Billing |

in the last two years, four major international arbitral institutions—the International Chamber of Commerce, the London Court of International Arbitration, the International Centre for Dispute Resolution and the Singapore International Arbitration Centre—have overhauled their procedures to try to improve functionality and make their institutions more attractive to users.

United Kingdom
Excalibur Litigation Funders Take Another Hit

By Julie Triedman |

A London judge ruled that a group of litigation funders must ante up an additional $7.7 million for a failed case brought by an obscure entity called Excalibur Ventures that was represented by Clifford Chance. That brings their total legal tab to date to $57.7 million.

United Kingdom
NY High Court Upholds Rule Shielding Foreign Bank Branches

By Julie Triedman |

In a decision with major implications for New York and its resident global financial institutions, the state's highest court ruled Thursday that banks with New York branches needn't turn over customers' overseas assets to claimants attempting to enforce U.S. court judgments.

Switzerland
Fort Lauderdale Trial Aims at Top Level of Secret Swiss Bank Accounts

By John Pacenti |

The Fort Lauderdale tax trial of a high-level former UBS executive is the latest example of Justice Department pressure on Swiss financial giant UBS.

European Union
Catholic Bishops Press EU on Conflict Minerals

By Sue Reisinger |

Some 70 Catholic bishops and a global Catholic development agency are urging the European Union to make proposed rules for so-called conflict minerals binding on companies, rather than seeking voluntary compliance.

Australia, United Kingdom
Bird & Bird to Merge With Australia’s Truman Hoyle

By Tom Brennan |

The U.K. firm is establishing a presence Down Under by acquiring the 33-lawyer technology boutique.

United Kingdom
Covington Gets Qualcomm Call, Loses Two Litigators

By Brian Baxter |

Wireless technology company Qualcomm tapped Covington & Burling to advise on its proposed $2.5 billion acquisition of CSR, a British chipmaker known for its Bluetooth technology. At the same time, the firm saw two top litigators handling Deepwater Horizon-related oil spill work for BP depart its Beltway base for Kirkland & Ellis.

Italy, Switzerland
Ferrari's Biggest Fans Sue After Facebook Takes Away Their Keys

By Cheryl Miller |

A Swiss father and son sued Ferrari S.p.A and Facebook Inc. in San Mateo County Superior Court this week, claiming the Italian automaker usurped their popular Ferrari fan pages with the aid of the social network.

United Kingdom
Fried Frank Picks Up Tax Duo in New York, London

By Brian Baxter |

A month after losing its former leader and two other capital markets partners to Freshfields Bruckhaus Deringer, Wall Street mainstay Fried, Frank, Harris, Shriver & Jacobson is bringing on two tax partners from King & Spalding and Orrick, Herrington & Sutcliffe.

The World Trade Center on Sept. 17, 2001.

Saudi Arabia
The Global Lawyer: 9/11 Suit Seeks $200 Billion from Saudis

By Michael D. Goldhaber |

A Sept. 15 complaint filed by Cozen O'Connor alleges that a Saudi intelligence agent provided support to some of the 9/11 hijackers.

Guinea, Liberia, Sierra Leone, France
Am Law Firms in Africa See Minimal Effects of Ebola—For Now

By Nathalie Pierrepont |

The outbreak of the virus has led to postponed conferences, travel restrictions and reliance on video conferences with clients for some firms doing business in West Africa, where the virus has taken its greatest toll. But for the most part, it's been business as usual.

Geberit Bathroom Fixtures.

Sweden, Switzerland
Geberit Taps Latham for $1.35 Billion Buy of Sanitec

By Wenxiong Zhang |

The Swiss bathroom-piping maker said on Tuesday that it would purchase Sanitec Group, a Nordic ceramic toilet maker, for $1.35 billion in an all-cash deal.

Russia, Ecuador
Chevron, Yukos, and 'Two Lifetimes of Litigation' Revisited

By Michael Goldhaber |

Which will be remembered as the main event in the world's biggest cases—the litigation or the arbitration?

United Kingdom
Steris Seeks Inversion Deal Amid Tightened Regulations

By Wenxiong Zhang |

Wachtell, Jones Day and DLA Piper advise as the Ohio-based medical technology company offers to buy Swindon, England-based sterilization services provider Synergy Health Plc for $1.9 billion in cash and stock. The deal would create a new company in the U.K., allowing Steris to redomicile there and save on taxes.

United Kingdom
Fried Frank, Quinn Emanuel Boost London With Senior Partner Hires

By Chris Johnson |

Fried Frank captures Kirkland & Ellis London senior partner Graham White, who joins the firm as its first-ever London managing partner, while Quinn Emanuel launches a London competition practice with the hire of litigator Boris Bronfentrinker from Hausfeld & Co.

Valerie Jacob.

United Kingdom
With a Series of Star Hires, Freshfields Shifts Strategy in New York

By Chris Johnson |

Elite U.K. firms have struggled to establish themselves as serious contenders in the United States, especially in big-ticket transactional work. Now Freshfields has recruited high-profile talent from Skadden, Wachtell, Fried Frank, and Shearman in a bid to challenge Wall Street firms on their own turf.

Ireland, Brazil
Shareholder Suit Seeks to Halt Chiquita Merger with Ireland's Fyffes

By Charles Toutant |

Chiquita Brands International has been hit with a shareholder suit over its plans to merge with an Irish produce distributor after rejecting a more lucrative deal with two Brazilian companies.

Skadden Once Again Comes Out on Top of M&A Rankings

By Wenxiong Zhang |

Continuing on its transactional tear, Skadden, Arps, Slate, Meagher & Flom sat atop three separate rankings of legal advisers for global M&A deals based on total transaction value in the first three quarters of the year.

Russia
$3.5 Mil. Russian Bank Hacking Case Survives

By Saranac Hale Spencer |

First Commonwealth Bank's insurance company could still be on the hook for covering a $3.5 million loss after a Russian hacker got access to an energy company executive's account information.

Reggie Walton.

Russia
Russian Company's Suit Against Former DLA Partner Survives

By Nate Beck |

A Russian railway company’s lawsuit, claiming that allegedly stolen money ended up in the hands of a Washington partner at DLA Piper, can proceed, a Washington federal trial judge says.

The Churn

United Kingdom, Canada
King & Spalding Raids Bingham in London, Plus More Lateral Moves

By Brian Baxter |

Bingham McCutchen has one partner left in London following the departure of a restructuring specialist for King & Spalding, which lost the founder of its London office to General Electric. Meanwhile, Schiff Hardin heads to Dallas, along with other notable moves from throughout The Am Law 200.

France
Gibson Dunn, Willkie Put on Pretty Face for Bourjois Buy

By Nathalie Pierrepont |

Cosmetics company Coty has turned to Gibson, Dunn & Crutcher and Bredin Prat to advise on its $240 million bid for Chanel's Bourjois cosmetics brand, while Willkie Farr & Gallagher is advising Chanel.

United Kingdom, Ecuador, Canada
The Global Lawyer: A Wild 'Off Week' in the Chevron Ecuador Case

By Michael D. Goldhaber |

The Canadian bar revolts, Chevron mugs a litigation funder, and the plaintiffs play jujitsu. What's next—Donziger tossing out the first pitch of the World Series?

Hungary
White & Case Wins Arbitration Victory for Hungary

By Jan Wolfe |

An ICSID panel found for Hungary in a €300 million investor-state arbitration over a canceled mega-casino backed by U.S. billionaire Ronald Lauder.

Belgium, United Kingdom
The Global Lawyer: Class Actions Aborning in Europe and the U.K.

By Michael D. Goldhaber |

After 15 years in the waiting room, it's time for global antitrust plaintiffs to hand out cigars.

The Churn

United Kingdom
London Calling for U.S. Firms, Plus More Lateral Moves

By Brian Baxter |

Gibson Dunn, Kaye Scholer and Paul Hastings all made major lateral hires in London this week by raiding their British brethren.

United Kingdom
Morgan Lewis, Paul Weiss Broker UBM's Advanstar Acquisition

By Wenxiong Zhang |

The two Am Law 100 firms and Magic Circle shop Slaughter and May are working on a deal that will see British media and marketing company UBM become the largest events organizer in the U.S.

Indonesia, Malaysia, United Kingdom
Ashurst, Gibson Dunn Meet Again Over Murphy Oil Sale

By Brian Baxter |

While Gibson, Dunn & Crutcher's London office raided Ashurst for its former head, the two firms also worked on opposite sides of Arkansas-based Murphy Oil's $2 billion sale of assets in Malaysia to an Indonesian oil and gas giant.

Charlie Geffen

United Kingdom
Gibson Dunn Grabs Former Head of Ashurst

By Nathalie Pierrepont |

Charlie Geffen, who led the British firm for five years until he was replaced by dispute resolution partner Ben Tidswell in 2013, is joining Gibson, Dunn & Crutcher's London office along with Ashurst corporate partner Mark Sperotto.

Slovakia
U.S. Group Supports Marriage-Equality Foes in Slovakia

By Marcia Coyle |

Alliance Defending Freedom, among the leading opponents of same-sex marriage in the U.S. courts, is pressing that message abroad, this time before the Constitutional Court of Slovakia.

(From left to right) Verizon's Bill Horton, Randy Milch, Dan Neff, Steven Rosenblum.

United Kingdom
Global Legal Awards: Grand Prize Winner in M&A

By Chris Johnson |

Verizon's record-breaking $130 billion deal to fully own Verizon Wireless was more than 10 years in the making. But it all came down to a last-minute phone call.

Hogan Lovells' Cary Kochberg (left) and Chris Hardman.

Kazakhstan, United Kingdom
Global Legal Awards: Grand Prize Winner in Disputes

By Michael D. Goldhaber |

How one firm tracked an oligarch—and billions in fraud. Mukhtar Ablyazov lived a fairy tale life until Hogan Lovells persuaded the world's toughest antifraud courts to get much tougher.

Ireland, United Kingdom
Big Deals

By MP McQueen, Vinayak Balasubramanian, Alexandra Wilson and Wenxiong Zhang |

Kinder Morgan Reorganization; Fox Asset Sale; Walgreen/Alliance Boots; Dollar Tree/Dollar General/Family Dollar; AbbVie/Shire

The Global Legal Market: By the Numbers

By Drew Combs |

A look at how the Am Law 200's head count in top markets around the world has changed between 1998 and today.

How International Firms Rate on Pro Bono Work

By Michael D. Goldhaber |

Our first survey of pro bono efforts among non-U.S. global firms shows impressive efforts—and much room to improve.

A Year of Slow But Solid Growth for Global 100 Firms

By Chris Johnson |

A surge in dealmaking boosted the top and bottom lines for the world's top-grossing firms, which experienced steady if unspectacular growth in 2013.

Russia
Russian Legal Market Turns Bearish for International Firms

By Julie Triedman |

As sanctions have dried up cross-border deal flow in Russia, U.S. firms are feeling the pinch.

Australia, United Kingdom
Australia's Slater & Gordon Continues U.K. Acquisition Spree

By Chris Johnson |

Melbourne-based personal injury specialist Slater & Gordon, the world's first publicly traded law firm, is in talks to acquire Welsh trade union boutique Leo Abse & Cohen. A deal would be the Australian firm’s second U.K. takeover this month and its seventh since launching in the country in 2012.

The Pabst Blue Ribbon brewery located in Milwaukee, Wisconsin.

Russia
Am Law 100 Firms Toast Beer, Aluminum Deals in Russia

By Brian Baxter |

Despite worries over Western sanctions, a trio of Am Law 100 firms sidled up for the $700 million sale of Pabst Brewing Co. to Russia’s Oasis Beverages, while Russian veteran Cleary Gottlieb Steen & Hamilton advised aluminum giant United Company Rusal on its recent $5.15 billion debt restructuring.

The Churn

Hong Kong, Australia, Germany, United Kingdom, Mexico
Akin Loses Two, But Again Raids Bingham, Plus More Lateral Moves

By Brian Baxter |

Bingham McCutchen lost four more partners to Akin Gump Strauss Hauer & Feld this week in Hong Kong and London, as the former continues to pursue a potential merger with Morgan, Lewis & Bockius. McCarter & English adds eight partners of its own through a merger, Jones Day hires another Latin American dealmaker and more notable moves from throughout The Am Law 200.

Germany
Four Am Law Firms Advise on Siemens' $7.6 Billion Energy Deal

By Valori Corral-Nava |

Latham & Watkins, Gibson Dunn, Wachtell and Baker Botts are advising on the all-cash deal that sees German engineering conglomerate Siemens AG acquiring Dresser-Rand Group, a Houston-based maker of compressors, steam turbines, gas turbines and engines for the oil and gas industry.

The headquarters of Merck KGaA in Darmstadt, Germany.

Germany
Skadden, Sidley Austin Catalyze Latest Health Care Merger

By MP McQueen |

German pharmaceutical giant Merck KGaA has agreed to buy Sigma-Aldrich Corp. for $17 billion in cash in Merck's largest takeover to date.

Germany
Jones Day Continues Deal Spree with SAP's Concur Buy

By Brian Baxter |

German software giant SAP has turned to Jones Day and Paul, Weiss, Rifkind, Wharton & Garrison for its $8.3 billion acquisition of enterprise software company Concur Technologies. The deal is one of a handful of major software transactions announced so far this month and third major M&A mandate in a week for Jones Day.

The icon for VKontakte, Russia's largest social network, centre, sits beside other social media apps on a digital screen on Wednesday, April 23, 2014.

Russia
Akin, Skadden Help Russia's Richest Man Get More Social

By Brian Baxter |

The two Am Law 100 firms are working on the $1.47 billion sale of a 48 percent stake in VKontakte, Russia’s answer to Facebook, by United Capital Partners to a company controlled by oligarch Alisher Usmanov. The deal, which raises questions about Russia's commitment to Internet freedom, also comes amid increased tensions between the country and the West and sanctions against some Russian businesses as a result of the ongoing crisis in Ukraine.

Valerie Jacob.

United Kingdom
Freshfields Poaches Fried Frank Capital Markets Team

By Brian Baxter |

Valerie Ford Jacob, the head of the capital markets group at Fried, Frank, Harris, Shriver & Jacobson, is leaving with partners Michael Levitt and Paul Tropp to join Magic Circle firm Freshfields Bruckhaus Deringer in New York. The moves are the latest high-profile lateral hires by Freshfields in the U.S.

Hong Kong, United Kingdom
Berwin Leighton Paisner Taps DLA's Asia Pacific Head

By Tom Brennan |

Hong Kong-based Bob Charlton will join the U.K. firm next month after two years overseeing the region for DLA Piper.

Albania, Andorra, Armenia, Austria, Azerbaijan, Belarus, Belgium, Bosnia Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Russia, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom, Vatican City
European Commission to Offer Guidelines on 'Right to Be Forgotten'

By Jan Wolfe |

Four months after Europeans gained the right to petition Google Inc. to alter the search results that pop up with their names, the European Commission has begun offering guidelines for how European courts should handle such "right to be forgotten" complaints.

Abbe Lowell

Greece, Iran
Chadbourne, Boies Square Off as U.S. Guards Iran Secrets

By Jan Wolfe |

Chadbourne's Abbe Lowell and Lee Wolosky of Boies Schiller are no strangers to sensational cases. Exhibit A: billionaire Victor Restis' defamation lawsuit against United Against Nuclear Iran, which was thrown back into the headlines over the weekend by the government's plea to toss the case.

A TRW employee working in an auto parts manufacturing facility.

Germany
Am Law 100 Trio Revs Up for Auto Parts Megamerger

By Brian Baxter |

Simpson Thacher & Bartlett and leading German shop Gleiss Lutz are advising Michigan-based TRW Automotive on its $11.74 billion sale to Germany’s ZF Friedrichshafen, advised by Sullivan & Cromwell. Gibson, Dunn & Crutcher is counseling another party to the deal, which if completed will create the world's second-largest auto parts supplier.

Netherlands, Russia
The Global Lawyer: Russia's Best Chance to Annul the Yukos Award

By Michael D. Goldhaber |

Dutch courts like arbitration winners, and the Dutch don't like Russia. But if you're a former superpower staring down the barrel at a $50 billion award, you take your chances and look for your best argument.

Switzerland
DOJ's Focus on Swiss Banks Goes Beyond Switzerland

By Justin S. Weddle |

Non-Swiss banks should pay close attention to the information that the Swiss banks are disclosing under Justice Department pressure, because, in all likelihood, Justice's aim is about to expand.

Spain, Chile, Colombia
Large Law Firm Mergers Now Coming to Latin America

By Brian Baxter |

Spanish legal giant Uria Menendez, an alliance partner of Magic Circle firm Slaughter and May, has agreed to take a 30 percent stake in Latin America’s first major cross-border law firm merger between Chile’s Philippi Yrarrazaval Pulido & Brunner and Colombia’s Prietocarrizosa. The trio will form Philippi Prietocarrizosa & Uria, a 220-lawyer firm with offices in both countries.

Germany
Hearing Ordered on German Limitations Period in $362M RMBS Suit

By Suevon Lee |

Disagreement among experts over how to apply German law in a $362 million residential mortgage-backed securities case has prompted Commercial Division Justice Charles Ramos to delay ruling on Citigroup’s motion to dismiss until a hearing is held.

Luxembourg
Jones Day Loses E.U. Appeal in Credit Card Fee Fight

By Jan Wolfe |

Europe's highest court upheld a ban on credit card fees set by MasterCard Inc., dealing a defeat to the credit card company and its lawyers at Jones Day.

United Kingdom
London Bingham Group Mulling Move Amid Merger Talks

By Brian Baxter and Julie Triedman |

James Roome, a London-based managing partner, global financial restructuring cochair and executive board member at Bingham McCutchen, could lead an overseas exodus of international partners from the firm should it push forward with merger talks with Morgan, Lewis & Bockius.

Belgium
EC Antitrust Chief May Seek New Concessions from Google

By Jan Wolfe |

As opposition to Google's settlement with the European Commission rises, Competition Commissioner Joaquin Almunia says he will revisit the agreement struck in February.

Australia, Ireland
Big Tobacco Takes Aim at Plain Packaging Laws

By Lisa Shuchman |

As Ireland and other countries threaten to follow Australia in banning logos and other distinguishing marks from cigarette packages, tobacco companies fight back with trademark law.

Denmark, Sweden
Three Am Law Firms Lead Way on Scandinavian M&A Deals

By Valori Corral-Nava |

Davis Polk, Sidley Austin and Wachtell Lipton advised on two cross-border M&A transactions with a northern European twist worth a combined $4.7 billion.

The Churn

Singapore, Australia, France, Germany, Netherlands, United Kingdom
The Churn: Lateral Moves Around the World

By Brian Baxter |

Jones Day bolsters its London office with hires from GE and Ropes & Gray, while Baker & McKenzie picks up a Norton Rose energy partner in Amsterdam, and Boies Schiller recruits an arbitration partner from Wilmer.

Netherlands, Mexico
Beer Here! Dechert, Gibson Dunn, Jones Day Toast Deals

By Brian Baxter |

A pair of beer industry deals are getting the fourth quarter started for a trio of Am Law 100 firms.

Kazakhstan, Switzerland, United Kingdom, Argentina, Ecuador
Global Legal Awards: Global Disputes of the Year

The American Lawyer Global Disputes of the Year Awards honor the winning team in transnational cases regardless of the venue.

Switzerland, Saudi Arabia
Kickback-Related Suit Against Swiss Bank Tossed

By Suevon Lee |

A New York state judge has dismissed a $350 million lawsuit filed by Saudi Arabian citizens against a private Swiss bank that used a New York correspondent bank to receive funds allegedly connected to a bribery scheme.

Floyd Abrams.

Germany
Cahill Fends Off German Bank's Suit Against S&P

By Susan Beck |

Siding with Cahill's Floyd Abrams, a judge ruled that IKB Deutsche Industriebank waited too long to sue Standard & Poor's for the top ratings it bestowed on notes issued by an ill-fated investment vehicle.

Peggy Zwisler of Latham & Watkins

United Kingdom
Litigator of the Week: Margaret Zwisler of Latham & Watkins

By Jan Wolfe |

Reports of aluminum price-fixing by big investment banks and the London Metal Exchange sparked widespread outrage—and class action litigation. Zwisler led LME to an early victory this week, leaving the other defendants to face the plaintiffs on their own.

Global Legal Awards: Global M&A Deals of the Year

This category of The American Lawyer's Global Legal Awards recognizes 2013's largest and most complex mergers and acquisitions in every corner of the globe.

unfinished automobiles in a car plant

United Kingdom
Ford Not Liable in Suit Over Auto Parts Made by U.K. Subsidiary

By P.J. D'Annunzio |

A Pennsylvania appellate court affirmed that Ford Motor Co. cannot be held liable in a case involving asbestos-containing auto parts manufactured and distributed by its subsidiary in the United Kingdom.

Global Legal Awards: Global Finance Deals of the Year

In this category, The American Lawyer's Global Legal Awards recognizes the 10 deals that best exemplify the challenges of transnational finance practice, from capital markets offerings to capital restructurings to infrastructure projects conceived on a vast scale.

Baker & McKenzie in Amsterdam, The Netherlands

Ireland
Baker & McKenzie to Open Belfast Back Office

By MP McQueen |

The firm plans to man the office, which will open next month, with 120 employees by the end of the year, and eventually ramp up to as many as 250 employees within the next three years.

Baker & McKenzie in Amsterdam, The Netherlands

France, Ireland
Baker & McKenzie to Open Belfast Back Office

By MP McQueen |

The firm plans to man the office, which will open next month, with 120 employees by the end of the year, and eventually ramp up to as many as 250 employees within the next three years.

United Kingdom
LME Exits Antitrust Suit on Sovereign Immunity Grounds

By Jan Wolfe |

A daring and novel argument by Latham & Watkins persuaded a federal judge that the London Metal Exchange Ltd., a private for-profit entity, should get sovereign immunity as an "organ" of the U.K. government.

Russia
Decade-Long Battle Over Stoli Trademark Continues

By Ross Todd |

With its plot twists and sheer length, the decade-old fight for the Stolichnaya vodka trademark is starting to resemble a Russian novel.

Switzerland
Cravath, Davis Polk Lead on Latest Big Drug Buy

By Brian Baxter |

In its biggest deal since its $46.8 billion takeover of Genentech in 2009, Swiss drug giant Roche has turned to Davis Polk & Wardwell for counsel on its $8.3 billion buy of suburban San Francisco-based lung disease drug developer InterMune, which is being advised by Cravath, Swaine & Moore and a Chicago IP boutique.

Fidel Castro

Spain, Human Rights, Cuba
Spanish Bank Can't Deflect Claims by Cuba Terror Victims

By Jan Wolfe |

After winning about $3.5 billion in default judgments against the Republic of Cuba, Fidel Castro's persecuted political opponents and their families have cleared a hurdle in their bid to seize funds from global banks including Spain's Banco Bilbao Vizcaya Argentaria (BBVA).

Ireland, United Kingdom
Motif Creates Tool for Inversion Investments

By Jamille Sutton |

Amid mounting discontent in Washington, D.C., over so-called inversions, in which U.S. companies lower their taxes by relocating to a foreign country, a new online broker called Motif Investing has created a tool that allows investors to purchase stock in 25 companies that are potential inversion targets.