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Sunday, October 23, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


The Score: NBA Talks Collapse; Dodgers Drama Drags On Top

Collective bargaining talks between NBA players and owners collapsed Friday, increasing the chances that the entire 2011-2012 season will be lost. Meanwhile, Los Angeles Dodgers owner Frank McCourt and his estranged wife, Jamie, may have settled their bitter divorce feud, but a court battle for control of the bankrupt franchise continues. Plus: The St. Louis Cardinals rewards its fans in the Am Law 200, the NHLPA gets a new top lawyer, and a Jones Day litigator gets set to tee off as the USGA's top executive.

 
Ropes Leads as Bain Pays $2.1 Billion for Japan's Skylark Chain Top

Ropes & Gray is advising Boston-based Bain Capital as the private equity shop expands its restaurant  industry holdings beyond Burger King, Domino's Pizza, and Dunkin' Donuts by acquiring a 3,600-plus chain of family-friendly eateries from Japanese investment bank Nomura Holdings.

 
Former MoFo Partner Pleads Guilty to Bilking Insurers, San Francisco Schools Top

Jonathan Dickstein, who resigned from Morrison & Foerster in 2010, is to be sentenced next month after pleading guilty to using his son's autism as the basis for a scam that helped Dickstein and his wife pocket nearly $400,000.

 
Simpson Thacher Advises on Pair of International Bank Deals Totaling $2 Billion Top

Cravath, Swaine & Moore and Torys also took lead roles on the transactions, which, respectively, saw Toronto-based Scotiabank buy a 51 percent stake in Colombia's Banco Colpatria and Spanish financial services giant Banco Santander sell a minority stake in its U.S. auto financing unit.

 
Dealmakers of the Week: Thomas Roberts and R. Jay Tabor of Weil, Gotshal & Manges Top

Roberts and Tabor led a Weil team advising Kinder Morgan on a $38 billion takeover of rival El Paso Corporation that would create a combined company with an enterprise value of $98 billion, as well as the largest natural gas pipeline network in the country.

 
The Careerist: Yale Comes Cheap, But Harvard Will Cost You Top

Floyd Abrams gets a sweet (and cheap) deal from Yale. But Harvard makes its alums pay through the nose.

 
The Churn: Lateral Moves and Promotions in The Am Law 200 Top

An antitrust veteran joins Wilmer, Saul Ewing gains three and loses one, and two firms take on new talent in Hong Kong. The Churn is constant. Please send all announcements to thechurn@alm.com.

 
Too Little; Too Late Top

The ABA says it's getting tough on law schools, but why is it avoiding the obvious?

 
The Bigger Problem Raised by the David Becker Conflict Report Top

In her Summary Judgment column, The Am Law Litigation Daily's Susan Beck notes that the inquiry into the Madoff-related decisions made by the former SEC general counsel--and current Cleary Gottlieb Steen & Hamilton partner--highlights a major flaw in the country's financial regulatory system. 

 
Wachtell Advises Abbott Laboratories on Pharmaceuticals Spinoff Top

Abbott turned to Wachtell, Lipton, Rosen & Katz's Edward Herlihy to advise on the planned spinoff of the company's pharmaceuticals business.

 

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