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Wednesday, July 13, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


Five Firms See Deal Work Scuttled as News Corp. Bails on BSkyB Bid Top
A phone-hacking scandal that has already cost Rupert Murdoch's News Corporation $3.9 billion in market value and forced the closure of a 168-year-old newspaper claimed another victim Wednesday when the company dropped its attempt to buy the 61 percent of the satellite TV service it didn't already own.
 
The Careerist: UT Law or NYU Law? Top
Academic prestige isn't everything. A new study ranks law schools according to the standard of living of their graduates.
 
Milk Money: $140 Million Dairy Settlement a Likely Boon to Howrey Estate Top
A group of former Howrey lawyers, now employed by Baker & Hostetler, have reached a $140 million settlement in a major antitrust class action that could a long way to toward paying off the outstanding debt being carried by the bankrupt firm's estate.
 
Five Firms Advise on $6.3 Billion Apax-Led KCI Buy Top
Skadden and Simpson Thacher are acting as lead counsel on the purchase of medical-device maker KCI by a group of investors led by Apax Partners.
 
The Bankruptcy Files: Greek Shipping Companies, Electronics Distributors, and Fuel Gel Sellers Top
Bracewell & Giuliani, Akin Gump, and Mintz Levin all have a part in the latest round of Chapter 11 filings, while Paul Weiss, Paul Hastings, Wachtell, and Willkie Farr are handling noteworthy out-of-court restructurings for corporate clients.
 

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