Companies doing business in emerging markets can reap big benefits, but they also face fraud and corruption challenges. It's especially tough in the Europe, Middle East, India and Africa regions.
Companies doing business in emerging markets can reap big benefits, but they also face fraud and corruption challenges. It's especially tough in the Europe, Middle East, India and Africa regions.
Less than a year after advising Endo Pharmaceutricals on the corporation inversion deal that saw the company reincorporate in Ireland, the two Skadden transactional lawyers advised Endo on its $8.05 billion buy of generic drug maker Par Pharmaceuticals from private equity firm TPG Capital.
Reed Smith is set to open an office in Frankfurt, Germany, on June 1 with the addition of seven lawyers from four different firms: Mayer Brown, Orrick, Jones Day and Willkie Farr.
At the center of U.S. Department of Justice moves against five banks, Zurich-based UBS A.G. received both a pat on the head and a kick in the pants.
About two months after Paul Hastings announced that it would open a São Paulo office with three laterals from Allen & Overy, one of those A&O partners has decided to stay put.
A new ranking from London-based RSG Consulting shows that U.S. firms continue to take market share in India, challenging the dominant position once held by their U.K. peers.
For global organizations that must engage in cross-border discovery, the danger of deciding between two evils is all too real.
EY Legal launches a financial regulatory practice in London with 12 lawyers from two Am Law 100 firms, DLA Piper loses its head of German corporate and M&A to Dentons; and more.
The additions come from Allen & Overy and Norton Rose Fulbright and bring Greenberg Traurig's attorney count in Warsaw to 80, with 30 lawyers working in the region's real estate industry.
In their Antitrust Trade and Practice column, Shepard Goldfein and James Keyte discuss the FTC's and European Commission's investigations into Google's search practices and the differences in U.S. and EU approaches to antitrust enforcement.
In a contract breach and business interference tort case over an abandoned Bulgarian gas field venture, the principal issue is whether evidence supporting lost-market value was speculative and based on lost future profits, according to the Texas Supreme Court.
The American Lawyer has announced the finalists of its 2015 Transatlantic Legal Awards. These awards recognize law firms for excellence in handling transatlantic matters across the key areas of corporate, finance and disputes, as well as highlighting law firm innovation, commitment to pro bono, outstanding transatlantic strategy and in-house leaders.
The global legal giant has announced the creation of a London-based M&A and corporate finance consulting business to focus on entertainment, media, technology and sports ventures.
Following in the footsteps of Australia’s Slater & Gordon, regional midmarket British firm Gateley is planning a potential listing on the London Stock Exchange’s Alternative Investment Market. The future float would value Birmingham, England-based Gateley at roughly $210 million.
Mark S. Cohen, Jeffrey I. Lang and Melanie A. Grossman of Cohen & Gresser survey three areas the scale of the DOJ's investigation, law enforcement techniques that the DOJ has employed in regard to banks and offshore accounts, and the potential next phases of the investigation.
Lateral hires in the United Kingdom, Spain, Dubai and Japan, as well as around the United States.
The European Union may be getting ready to take on digital monopolies and monitor use of consumer data.
Epstein Becker Green member Pierre Georges Bonnefil has been appointed a chevalier in the French Légion d'Honneur, and other announcements.
Steven Lim will lead the construction-focused firm's city-state office; Clyde & Co says its Singaporean joint law venture is still intact.
The 160-lawyer employment specialist is relocating London partner Antonia Grant to open its first office outside of the United Kingdom.
The head of McKenna Long & Aldridge's national tax group leaves ahead of a merger with global legal giant Dentons; Arnold & Porter and Cozen O'Connor both make bulk hires from smaller firms; a Jones Day bankruptcy baron returns; and other notable moves from throughout The Am Law 200.
Orrick Herrington & Sutcliffe will shutter Frankfurt and Berlin bases later this year to focus practice on Düsseldorf and Munich, The American Lawyer has learned.
The firm has teamed up with Gianni, Origoni, Grippo, Cappelli & Partners as Chinese investments into Italy increase.
A crackdown on corruption, antitrust violations, and other corporate offenses have set alarm bells ringing in German boardrooms. Which law firms are best positioned to respond?
A Deutsche Bank subsidiary in London settled with U.S. and U.K. authorities for more than $2.5 billion over manipulation of the London Interbank Offered Rate (LIBOR) as well as wire fraud and antitrust charges. Paul Weiss partners Theodore Wells, Andrew Finch and Roberto Finzi represented the bank, along with Slaughter and May partners Deborah Finkler and Ewan Brown.
Big Pharma leads the list of billion-dollar deals this week with a $40 billion, unsolicited bid made by Israel’s Teva Pharmaceutical Industries Ltd. for fellow generic-drug maker Mylan N.V.
AbbVie's decision to pay a $1.64 billion merger breakup fee to Dublin-based Shire PLC rather than face the sudden tax disadvantages of a corporate inversion was a normal risk assumed by a company's board, the Delaware Court of Chancery has ruled in denying stockholders access to AbbVie's records on the deal.
Calling it the most "misguided prosecution" he'd seen in 50 years, U.S. District Judge Charles Breyer dismissed charges against three non-U.S. citizens accused of bribing an executive at a Montreal-based organization.
When you're "sick" in France, you might not be "sick" in Germany.
The two firms are divvying up the task of advising Google on antitrust claims leveled at the technology giant by the European Union.
The U.K. firm has announced it is now a so-called Qualified Foreign Law Firm, allowing it to advise clients on international law from the Southeast Asian country.
Peter Gray sought permission to appeal a British high court's finding last month that the Dubai-based partner deliberately misled the court in presenting inaccurately dated evidence that implicated Djibouti businessman Abdourahman Boreh in a 2009 grenade attack. Justice Julian Flaux on Tuesday rejected Gray's request, which will now go to the Court of Appeal.
For companies that do business in both the U.S. and E.U., legal departments need to help devise an approach that will comply with the very different rules they impose.
Fresh after mergers in the U.S. and China, the global legal giant is adding a 30-strong team from White & Case in the Hungarian capital.
Jones Day's Greg Katsas failed to persuade the full Second Circuit that it should reconsider a panel's decision forcing RJR to face racketeering claims by a coalition of EU countries.
Cahill Gordon & Reindel officially launched an English law litigation practice in London after hiring Shearman & Sterling partner Richard Kelly. The announcement comes with a twist: U.K. regulators approved Cahill’s application to become the first major U.S. firm in London to be licensed under an alternative business structure.
Last year a Second Circuit panel allowed the European Community to pursue racketeering claims against RJR Nabisco for an alleged global money laundering conspiracy. This week, some of the appellate court's judges took issue with that opinion—but not enough for the court to change course.
Greece's lawyers at Cleary Gottlieb Steen & Hamilton defeated a treaty arbitration brought by a Slovak bank seeking to avoid a steep haircut on $533 million in Greek bonds.
The tech giant says that seizing customer email on foreign servers is contrary to international law.
A Q&A with Deloitte's Andy Ruckman: Reliance on local counsel is a critical consideration, but evolving technology can streamline international discovery.
Turnill, a corporate and commercial partner in Slaughter and May's London office, advised Royal Dutch Shell in its $70 billion acquisition of BG Group.
The company claims that information in the report was incomplete and that some of the issues were the result of bugs that have been addressed.
Oil and gas tops off the week's list of billion-dollar deals, with Royal Dutch Shell plc's $70 billion acquisition of BG Group plc.
The European Commission has updated its proposed rules to address data privacy, which are likely to have big implications for U.S. companies.
After last year's $50 billion arbitration win for the former masters of Yukos Oil Company, we know a defunct oil company can strike a gusher. But can its shareholders get their hands on the loot?
German business executive Sigram Schindler promises he will never write a U.S. Supreme Court brief again.
Gibson Dunn & Crutcher, along with the Republic of Djibouti, has been ordered by a British high court judge to pay Abdourahman Boreh the equivalent of $1.3 million in fees after partner Peter Gray was found to have knowingly provided false information regarding the Djibouti businessman's alleged involvement in a 2009 grenade attack.
How are does an employer have to go to accommodate religious practices? That varies according to country.
Irell & Manella partner Steven Thomas negotiated the sale of Gustav Klimt’s famous gold painting "Adele Bloch-Bauer I," which drew headlines for fetching the highest price for any artwork in 2006. The painting, along with four others, was stolen by the Nazis and recovered by the Bloch-Bauer heirs after an eight-year legal battle with the Austrian government, and is now the subject of "Woman in Gold," a film starring Helen Mirren that will be released Wednesday.
The new consolidated system raises the stakes of litigation. A continent-wide injunction can jeopardize a company’s entire European market.
The U.K. private client boutique has made an unrivaled push into the region to capitalize on a fast-growing population of high-net-worth individuals in China, Singapore and other top jurisdictions.
Wheeler took the lead on London-based oil terminal operator VTTI's $422 million IPO, making it the first master limited partnership with most of its assets fixed outside North America to go public in the United States.
Shine represented Merck & Co. in its $14.2 billion sale of consumer brands to Germany's Bayer AG, which in turn tapped Hurd for counsel on the giant carve-out.
Arnold Bloch Leibler is Australian counsel to Slater, while London-based Macfarlanes is advising on English law.
The Korean firm has relocated Russia practice leader Hwajoon Lee to spearhead the new outpost.
The Chicago-based firm has announced that it will open a disputes-focused office in London later this spring to meet the increasing international needs of its clients.
The U.K. bank has promoted Simon Croxford to general counsel for investment banking for the Europe and Middle East region.
China's Jun He Law Offices, Italy's Pedersoli e Associati, Linklaters and Latham & Watkins are among the others working on what will be the largest overseas acquisition by a Chinese state-owned enterprise since the $15 billion CNOOC-Nexen deal in 2012.
A British high court judge has reversed an order freezing the assets of Djibouti businessman Abdourahman Boreh after finding that a Gibson, Dunn & Crutcher partner knowingly presented faulty evidence implicating Boreh in a 2009 grenade attack.
The U.S. Supreme Court on Monday dismissed its disciplinary action against Foley & Lardner partner Howard Shipley over his submission of a jargon-filled petition mainly written by his client, a German business executive and nonlawyer. The court issued this warning to lawyers: Write petitions in plain language.
The 300-year-old central bank has appointed Sonya Branch as its new general counsel.
Our latest roundup of transactions sees Skadden client Valeant Pharmaceuticals prevail over fellow firm client Endo International in its bid for Salix Pharmaceuticals, while Finnish utility company Fortum sells off its Swedish energy business for $6.9 billion in Europe's highest-dollar infrastructure deal in several years.
New Jersey authorities cannot prosecute two high school chaperones accused of having sex with three high school students on a school trip to Germany, the state Supreme Court ruled March 18.
A British businessman, alleged to have conspired with Pittsburgh-based Alcoa to inflate the cost of raw materials, has invoked a contract's arbitration clause to try to move the case out of federal court.
Emails between Curtis, Mallet-Prevost, Colt & Mosle and its client, the Republic of Kazakhstan, were posted online in January after that government’s computers were hacked. Kazakhstan’s counsel at Curtis says in a complaint filed Thursday against the alleged hackers that some of the emails contained privileged and confidential attorney-client communications.
The firm has launched a website that provides information on how same-sex relationships are legally recognized in nearly 300 jurisdictions worldwide.
McKenna Long & Aldridge, poised to vote Monday on a union with Dentons, saw two new partners depart due to conflicts; Morgan Lewis lures eight partners in Dallas ahead of another merger in Singapore; Winston & Strawn poaches 10 more partners from Pillsbury; and other notable moves from throughout The Am Law 200.
Our latest roundup of transactions in the United States and around the world sees Sullivan & Cromwell, Skadden, Freshfields and Davis Polk take the lead for companies in the analytics, entertainment and pharmaceutical sectors.
Latham & Watkins has appointed finance partner Jay Sadanandan as the new head of its London office, replacing corporate partner Nick Cline, who finished a five-year term as office managing partner in February.
The International Trade Commission on Wednesday gave a green light to toymaker Lego A/S to bring a patent and copyright infringement case against three competitors that are seeking to appeal more to girls. Lego says its rivals copied its "Friends" line.
The London-based firm will join forces with shipping boutique Legal Solutions to add a local law practice to its city-state office.
A report from the Iberian Lawyer In-house Club shows that the lawyers are trying to do as much of their legal work in-house as possible.
The Los Angeles-based firm, which saw partner profits rise 8.5 percent in 2014, has picked up three partners from Allen & Overy and a new office in Brazil in the wake of other recent hires of note from Fried, Frank, Harris, Shriver & Jacobson and Shearman & Sterling.
The British firm will extend its construction practice to Sydney and Melbourne to capture work in the country's surging infrastructure sector.
Big Pharma tops our latest roundup of deals worth $1 billion or more, with AbbVie Inc. agreeing to purchase cancer-drug maker Pharmacyclics Inc. for $21 billion. NXP Semiconductors, based in the Netherlands, will acquire Austin's Freescale for $11.8 billion.
Vietnamese man extradited from the United Kingdom is facing charges that he provided material support to al Qaida in Yemen after telling his wife he was going to Ireland, authorities said.
Antitrust/competition regulators are becoming more active and are in increasingly closer contact with each other. It's almost cartel-like.
Milbank expands in London and Frankfurt; Gordon Rees Scully Mansukhani loses a top sports lawyer, but picks up more than a dozen others in Pittsburgh; Barclays and Deutsche Bank raid big firms for two in-house legal chiefs; Cadwalader brings on a top federal prosecutor and other notable additions from throughout The Am Law 200.
The Stockholm-based firm opened its first Asian office by forming an association with local firm Odebjer Fohlin.
Our latest roundup of deals worth $1 billion or more includes Valeant Pharmaceuticals International Inc.’s purchase of Salix Pharmaceuticals Ltd. for $10.1 billion; Asahi Kasei Corp.’s buy of Polypore International Inc. in a deal valued at $3.2 billion; and a merger between silicon producers Grupo FerroAtlántica and Globe Specialty Metals Inc. for a combined value of $3.1 billion.
Long-haul flights. Time zone shifts. Calls and emails around the clock. When did the job of managing partner become so grueling?
London-based Trowers is the first to take advantage of changes in the country’s law that had prohibited foreign firms from operating there. But other firms with a much bigger Southeast Asian presence aren’t rushing in behind them.
Descendants of Jewish art dealers who lived in pre-World War II Germany are suing the German government, claiming they are the rightful owners of the Guelph Treasure, a valuable collection of medieval relics that ended up in the hands of the Nazis.
Public procurement contracts often have been a breeding ground for corruption. What can companies do in these situations?
Skadden, Arps, Slate, Meagher & Flom's Mulaney and Hatchard led the way for Broomfield, Colorado-based Ball Corp. in its $6.8 billion acquisition of the United Kingdom's Rexam PLC.
Lawyers for Foley & Lardner partner Howard Shipley on Thursday pushed back against the U.S. Supreme Court’s threat to sanction him for a jargon-filled petition he filed in a patent case last year, telling the justices that although it was "unorthodox" in style, the petition "clearly and faithfully reflects" the views of his client, a German tech company executive.
London-based insurance company Novae Group is tapping Alexandra Moon as its new group general counsel.
The pair helped Chevron chalk up another win in its epic fight with Ecuadorean environmental plaintiffs, forcing online poker magnate Russell DeLeon to renounce his $23 million investment in the Ecuador case.
Australia’s Slater & Gordon, the world’s first publicly traded law firm, is headed to Wales after acquiring a pair of personal injury shops in the U.K. The move comes as a co-founder of a prominent U.S. litigation finance firm calls for the adoption of alternative business structures by U.S. law firms.
Allen & Overy scored an unusual appellate win this week in its fight with a onetime lawyer at the firm who was fired after authoring an erotic novel, persuading a court in New York that the woman must submit to a psychological examination.
Within a company, the compliance department's brand can remind employees about compliance requirements and reporting channels, and increase awareness of the company's program.
The prospect of a thaw in relations has led to talk of a "gold rush" for companies, if and when the Iranian market opens.
On Monday, online gaming magnate James Russell DeLeon renounced his financial support for a controversial environmental suit in Ecuador against oil giant Chevron.
The accounts manager in London who stole $15,360 from Chadbourne & Parke has been banned by the Solicitors Regulation Authority from working at any law firm.
Google's compliance with the European Union rule is facing mixed reviews.
Sen. Orrin Hatch, R-Utah, renewed his bid to clarify how the U.S. government can access electronic data stored abroad.
Just days after staying an injunction against ZTE Corp. in Romania, U.S. District Judge Gregory Sleet said he'd intervened in error.
The firm has put in place a new policy that requires each of its more than 5,000 employees in about 25 countries to devote 25 hours per year to community service. The policy is unique because it does not just apply to lawyers, and it will encompass the international offices.
If a patent is revoked in a parallel proceeding in the U.S., U.K., Canada or France, what is the impact on a prior determination of infringement?
Non-U.S. trademark registrants must have the intention of using the mark here.