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Wednesday, April 6, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


Lateral Losses Cause Austin Firm to Fold Top
Clark, Thomas & Winters, a one-time 200-lawyer firm based in Austin that once served as counsel to former President Lyndon Johnson, closed shop this week after the departures of more than 50 lawyers over the past two months.
 
Defense Rests at Bonds Trial and Skadden's Ruby Gets Ready to Take Final Cut Top
Skadden partner Allen Ruby will split closing argument duties on Thursday in the case against baseball's all-time home run king, who is charged with lying to a federal grand jury.
 
Linklaters Helps DISH Win Auction for Blockbuster Top
The Magic Circle firm advised DISH Network on its $320 million winning bid for bankrupt movie rental chain Blockbuster. Other suitors included Carl Icahn (advised by Cadwalader) and SK Telecom (represented by Gibson Dunn).
 
Former Big Law Associate Charged in Insider Trading Scheme Top
Matthew Kluger has been charged with trading on insider information he gathered while working at Wilson Sonsini. Prosecutors allege he also traded on insider information he gathered while he was an associate at Skadden and Cravath.
 

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