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Thursday, April 14, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


Dealmakers of the Year: Maintenance Job Top
Ballard Spahr real estate and public finance partner Paul Casey--one of our Dealmakers of the Year--and New York City Housing Authority general counsel Sonya Kaloyanides discuss the problems facing housing authorities.
 
TARP Watchdog's Report Finds Treasury Lax on Legal Bills Top
A 31-page audit report compiled by a special inspector general for the federal Troubled Asset Relief Program says that the U.S. Treasury Department risks paying too much in legal fees by not adequately reviewing bills from large firms. The report, which was released on Thursday, focuses its attention on Venable's billing practices, but finds similar issues with bills submitted by four other firms.
 
Motorola Drops Trade Secrets Case, Agrees to Pay Huawei for IP Top
Last summer Motorola's trade secrets case against Huawei looked tough to beat. But that was before Huawei's lawyers at Covington & Burling set their sights on Nokia Siemens' billion-dollar Motorola merger.
 
Time for a China Merger? Top
We brood incessently about transatlantic law firm mergers but those who want to rearrange the landscape will look across the Pacific for a mate.
 
Paul Weiss Opens in Toronto with Shearman Hires Top
Two top Toronto-based partners at Shearman & Sterling have decamped for Paul, Weiss, Rifkind, Wharton & Garrison, which announced late Tuesday that it has opened an office in Canada's financial capital focused on U.S. law.
 
Simpson Thacher, Bryan Cave Seal $4.1B Packaging Deal Top
Packaging company Silgan will acquire Graham, a supplier of plastic containers for branded consumer products, from The Blackstone Group.
 

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