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Friday, October 28, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


Dealmaker of the Week: Phillip Mills of Davis Polk & Wardwell Top

Mills led the Davis Polk team advising Cigna on a $3.8 billion acquisition of HealthSpring that will allow the medical insurer to expand its offerings to the elderly.

 
Former Nixon Partner Sues Firm, Says He Was Made Scapegoat in SEC Probe Top

David Tamman, a partner in Nixon Peabody's Los Angeles office from 2007 until 2009, claims the firm abandoned him after he was implicated in a Securities and Exchange Commission investigation into an alleged securities fraud committed by a former client.

 
From Sidley Lawyer to Cross-Country Traveler: Tyler Coulson's Awesome Adventure Top

The former Sidley Austin restructuring associate left the Am Law life behind earlier this year to begin a cross-country walk sojourn with his dog, Mabel. Nearly eight months later, his journey is nearly complete.

 
New Howrey Trustee Says Firm's Bankruptcy Will Get Litigious Top

Since being named the defunct law firm's Chapter 11 trustee earlier this month, Texas lawyer Allan Diamond says he has been working around the clock. Among his main tasks: sorting out how much money is still owed to the firm—and who he will have to sue if those parties refuse to pay up.

 
The Churn: Lateral Moves and Promotions in The Am Law 200 Top

Two Northern California firms merge; DLA Piper hires a real estate partner in San Diego; and Perkins Coie hires its fifteenth environmental lawyer of the year. The Churn is constant. Please send all announcements to thechurn@alm.com.

 
Another Day, Another Law Firm Merger Top

Law firm merger mania continues, but is anyone asking why?

 
Latham, Gibson Dunn Advise on $1.8 Billion Bank of Ireland Loan Sale Top

The two Am Law 100 firms are advising on the sale of a U.K. property loan portfolio by the Bank of Ireland Group to real estate services company Kennedy-Wilson Holdings.

 
Cleary, Slaughters Advise as Sony Buys Ericsson's Stake in Joint Venture for $1.5 Billion Top

Sony has agreed to pay $1.5 billion to buy the Swedish electronics maker's 50 percent stake in ten-year-old Sony Ericsson Mobile Communications. 

 
DLA Poised to Hire Tony Angel as Co-Global Chairman Top

Sources confirm that the nomination of the former Linklaters managing partner to become DLA Piper's new co-global chairman is proceeding.

 
In-House Bound: Up to 20 Lawyers Leaving Willkie for Bloomberg L.P. Top

Five partners and as many as 15 counsel and associates are leaving Willkie Farr & Gallagher for jobs with one of the firm's largest clients. In the process, Bloomberg L.P. is getting a new chief legal officer: Willkie corporate partner Richard DeScherer, a longtime confidant of company founder Michael Bloomberg.

 

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