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Tuesday, April 5, 2011

Y! Alert: The Am Law Daily


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Family Business: News Corp Acquires Media Company Founded by Elisabeth Murdoch Top
Wachtell, Hogan Lovells, O'Melveny, and Olswang are advising on News Corp's $674 million acquisition of Shine Group, a media company founded by Rupert Murdoch's daugther Elisabeth Murdoch.
 
Report: Google May Face Host of New Regulatory Hurdles Top
The search giant has yet to endure the kind of regulatory scrutiny and antitrust challenges that Microsoft faced in the 1990s. The key word in that sentence, according to sibling publication The Recorder, is "yet."
 
Lawsuit Accuses Dewey, Staffing Firm of Wage and Hour Violations Top
A putative class action filed last week by a temporary employee of the firm claims Dewey and staffing firm Robert Half International allegedly have failed to pay workers for overtime.
 
Howrey Hit With First Suit Over Employee Wages Top
Stephanie Langley, a former records specialist at Howrey, has sued the firm in federal court in New York for failing to pay WARN Act wages after she was terminated on March 31. The putative class action seeks an undetermined amount in salary and benefits for the plaintiffs, as well as attorneys' fees.
 
Clear Vision: Fried Frank, Willkie Advise on Merck's Buy of Eye Medicine Maker Top
The two firms take leading roles as the drug giant acquires Inspire Pharmaceuticals, maker of medications aimed at treating dry eye and pink eye, for $430 million.
 
Jones Day, Latham Lead on Texas Instruments's $6.5B Acquisition of National Semiconductor Top
The cash deal combines two leaders in the market for analog chips.
 
K&E Advises Apax Partners on Purchase of Software Companies Top
The private equity firm plans to purchase Activant Solutions, Inc., and Epicor Software Corporation in deals with a combined value of $2 billion.
 
Settling with Banks, Heller Estate Moves Toward Closure Top
Having recently settled key claims against it by Bank of America and Citibank, the Heller Ehrman estate is moving closer to resolving the last of the issues lingering from its slide into bankruptcy.
 

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