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Thursday, June 16, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


For Second Straight Year, Cahill Awards Mid-Year Bonuses Top
The off-cycle bonuses range from $5,000 to $25,000, a source said, and follow a record year at the Wall Street firm.
 
British, Florida Firms Lead on Horizon's $855 Million Energy Buy Top
British investment vehicle Horizon Acquisition announced this week a deal to acquire APR Energy, a temporary power supplier backed by former secretary of state Madeleine Albright and billionaire financier and philanthropist George Soros.
 
Herbert Smith Captures Senior Financial Regulatory Partner Top
Herbert Smith targets growth in regulatory advisory work following hire of Taylor Wessing's financial services regulatory head Clive Cunningham, who will join the firm this Fall.
 
Norton Rose, Goodmans Advising on Canadian Mining Merger Top
Nyrstar, the world's largest producer of refined zinc, has launched a $639 million bid for Breakwater Resources, a Toronto-based zinc mining concern. Norton Rose and Canadian firm Goodmans have secured lead roles on the proposed deal.
 
Simpson Thacher Lands Carlyle Hedge Fund Deal Top
The firm is advising The Carlyle Group on its acquisition of a 55 percent stake in hedge fund manager Emerging Sovereign Group for an undisclosed sum.
 

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