The corporate partner represented an investment group backed by London's BC Partners as it beat out rival private equity bidders for its $8.7 billion acquisition of PetSmart, the largest leveraged buyout in the U.S. so far this year.
Global 100 firms with a major presence in Russia have quietly pulled back from Moscow and St. Petersburg as the country’s economy reels from a perfect storm of Western economic sanctions, the ruble’s recent collapse and tumbling oil prices.
Akin Gump partner Raphael Prober saw his six-year pro bono project come to a gratifying finish earlier this month when the French government agreed to pay $60 million in reparations to Holocaust victims deported on trains operated by France's national state-owned railway company, SNCF.
Kirkland & Ellis partner and former top federal prosecutor Michael Garcia stepped down from his role as head of the investigatory branch of FIFA's ethics committee after the organization declined to consider his protest.
A federal statute that authorizes courts to order document production for certain foreign proceedings also permits discovery for use in a criminal investigation conducted by a foreign magistrate, the Second Circuit has ruled. The case centers on an inquiry into a Swiss "feeder fund" for the Bernard Madoff Ponzi scheme.
Spain's Repsol SA will acquire Calgary-based Talisman Energy Inc. for $12.9 billion. Repsol called upon Sullivan & Cromwell and Bennett Jones, while Talisman turned to Norton Rose Fulbright; Wachtell, Lipton, Rosen & Katz and Blake, Cassels & Graydon.
Gibson Dunn & Crutcher has continued to develop its London transactional practice with the addition of another senior partner, bringing in renowned leveraged finance expert Stephen Gillespie from Kirkland & Ellis.
Gibson, Dunn & Crutcher grabbed a senior debt finance partner from Kirkland & Ellis in London, as the latter snatches Winston & Strawn’s litigation chair in Chicago; Jones Day beefs up in Miami; Sidley Austin snags six from Loeb & Loeb; a half-dozen lawyers leave firms for in-house jobs and more notable hires from throughout The Am Law 200.
China, Japan, South Korea, European Union, United States
A leading French M&A lawyer heads to Skadden, Arps, Slate, Meagher & Flom in Paris; King & Spalding brings back a former partner and sees its M&A cohead head to the NFL; Squire Patton Boggs makes it rain Down Under and other notable hires from throughout The Am Law 200.
Saying it is seeing increased demand for third-party funding in U.S. lawsuits against corporations, one litigation funder in the United Kingdom is trying to shoot down common objections raised by the U.S. Chamber of Commerce.
Overseas private contractors Monday pleaded guilty to defrauding the U.S. government of millions of dollars in a multibillion-dollar contract to supply food and water to U.S. soldiers fighting in Afghanistan.
While the Obama Administration seeks to delay release of a U.S. Senate report on Bush-era CIA "enhanced interrogation techniques," the European Court of Human Rights has already weighed in, saying that the CIA's methods "amounted to torture."
Japan, Singapore, Australia, France, Sweden, United Kingdom, Dubai
A trio of partners from Kirkland & Ellis and Edwards Wildman Palmer sets up shop in new locales; three more firms hire Bingham McCutchen refugees; Chadbourne & Parke adds a former U.S. ambassador; Skadden brings back a top federal regulator; and other notable hires from throughout The Am Law 200.
Kenya, India, Australia, United Kingdom, Cayman Islands
Locke Lord Edwards and Morgan, Lewis & Bockius aren’t the only two firms making merger-type moves. Maine’s Verrill Dana, which became one of the largest 350 firms in the U.S. this summer, is poised to hit the 140-lawyer mark after absorbing Connecticut’s Levett Rockwood. The Am Law Daily examines that deal and others in a globetrotting look at some recent legal tie-ups of note.
Some British liberals have dreamed of enacting a U.K. Bill of Rights. Now the United Kingdom’s ruling Conservative Party has put forth its own proposal for codifying human rights—but critics call it a smokescreen for decoupling from Europe.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
China, Japan, Australia, Spain, United Kingdom, United States
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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, 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.
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.
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.
Hong Kong, Australia, Germany, United Kingdom, Mexico
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.
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.
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 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 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.
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.
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.
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.
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.
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.
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.
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.