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Thursday, November 10, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


Reports: Ousted Paterno Contacts King & Spalding Partner Sollers Top

News outlets reported late Thursday that former Penn State football coach Joe Paterno--fired Tuesday night by the university's board of trustees as a result of a growing sex abuse scandal involving crimes allegedly committed by a former top assistant--has reached out to King & Spalding partner J. Sedgwick Sollers, chair of the firm's special matters and government investigations practice group.

 
Insider-Trading Update: Nixon Peabody, Davies Ward Top

For lawyers from large firms finding themselves in insider-trading trouble, 2011 has been a banner year. Two incidents involving a former counsel from Nixon Peabody and a partner from top Canadian firm Davies Ward Phillips & Vineberg saw recent developments.

 
Clawbacks Face Pushback in Law Firm Bankruptcies Top

When it comes to litigation involving defunct law firms, clawback suits may be on the way out--of bankruptcy court, that is.

 
Shearman, Clifford Chance Advise on $5.4 Billion Chilean Copper Deal Top

London-based mining giant Anglo American is selling a share of its copper business to Mitsubishi in a move aimed at spoiling the Chilean government's plan to grab a 49 percent stake in the operation.

 
At Last, Proskauer Rose Opens Its Doors in Beijing Top

Three years after launching a Hong Kong office and announcing plans to do the same in mainland China, the firm is finally setting up shop in Beijing with a handful of lawyers from its current Asian operations.

 
Embattled Cain Taps Ex-Bryan Cave Partner Lin Wood to Fight Harassment Claims Top

Republican presidential hopeful Herman Cain has hired high-profile Atlanta-based libel lawyer L. Lin Wood, Jr., to help him fend off the sexual harassment accusations that have dogged his campaign for two weeks.

 
The Careerist: Not More Bad News! Top

The best spin on NAWL's latest report on women is that progress is slow. But there are signs that the situation might be a bit worse.

 
Allens Arthur Digs in for Mongolian Mining Boom With Office Launch Top

Sibling publication The Asian Lawyer reports that Australian firm Allens Arthur Robinson is setting up shop in the Mongolian capital of Ulaanbaatar. 

 
MF Global Creditors Hire Dewey, Hughes Hubbard Seeks Expenses Top

An official committee of unsecured creditors in the Chapter 11 case of derivatives and commodities broker MF Global Holdings has hired Dewey & LeBoeuf as counsel, while a SIPC trustee from Hughes Hubbard & Reed has filed papers with a U.S. district court showing that the firm is willing to discount its hourly rates by 10 percent to work on the case.

 
Jenner Snags Six Partners From Hogan Lovells in Los Angeles Top

Jenner & Block expands its two-and-a-half year old Los Angeles office with the addition of six partners from Hogan Lovells.

 

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