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Monday, March 14, 2011

Y! Alert: The Am Law Daily


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Oklahoma City Firms Announce Sooner State Merger Top
Crowe & Dunlevy and Day, Edwards, Propester & Christensen announced on Monday that they would combine operations to create a 140-lawyer firm that will be one of the largest firms in Oklahoma.
 
Howrey's Houston Head Speaks as More Partners Find New Homes Top
The soon-to-be-former managing partner of Howrey's Houston office, Stephen Cagle, is talking about the 45 lawyers joining Winston & Strawn on March 16. Plus: Dewey & LeBoeuf and Seyfarth Shaw add Howrey antitrust and construction litigation partners.
 
Five Firms Take Lead on $4.4 Billion Tognum Takeover Top
Latham & Watkins, Sullivan & Cromwell, German giant Hengeler Mueller, and British firms Freshfields and Eversheds, advise on the proposed takeover of diesel engine maker Tognum by a Daimler-Rolls-Royce joint venture.
 
Nine Lawyers Quit DLA's Australian Merger Partner Top
Nine lawyers are leaving DLA Piper's Australian alliance partner, less than two months before the firms' merger is set to close, Legal Week reports.
 
Blockbuster Avoids Liquidation, Bankruptcy Judge Approves Plan for Auction Sale Top
Blockbuster Inc., with bankruptcy counsel from Weil Gotshal, averted immediate liquidation Thursday as a Manhattan federal bankruptcy judge approved a deal for the Dallas-based movie rental chain to be sold at auction.
 
The Score: NFL Players Decertify and Greenberg Out as Rangers Owner Top
The end of the week saw a pair of major sports law developments, with collective bargaining talks between the National Football League and its players union breaking down and the Texas Rangers's new ownership team breaking up.
 
Special Counsel: Wilson Sonsini, Morris Nichols Acted Appropriately in Nighthawk Matter Top
The lawyers whose settlement of a class action suit arising from the $170 million merger of Nighthawk Radiology and Virtual Radiologic Corporation prompted questions of "forum shopping" and "collusive" behavior from Delaware Vice-Chancellor J. Travis Laster did nothing inappropriate, a special counsel concluded in a report released Friday.
 

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