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Wednesday, November 9, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


Sidley Austin, White & Case Take Lead on Unusual Dynegy Bankruptcy Top

The two Am Law 100 firms are advising subsidiaries of Houston-based Dynegy on a series of Chapter 11 filings that the parent company hopes will protect its shareholders while reducing $4 billion in debt due to bondholders.

 
Four Firms Grab Roles on Asset Sales by BoA, Kodak Top

Kirkland & Ellis, Shearman & Sterling, Bingham McCutchen, and Harter Secrest & Emery are advising on asset sales announced this week by Bank of America and Eastman Kodak.

 
Skadden, Covington Advise on Eli Lilly's Divorce from Amylin Top

The deal resolves outstanding litigation Amylin launched earlier this year against Lilly and ends an almost decade-long partnership formed to develop and sell the diabetes drug Byetta.

 
Perkins Coie Returns to Taiwan, O'Melveny Moves Into Indonesia Top

Perkins Coie returns to Taipei after closing an office in Taiwan's capital a decade ago, while O'Melveny & Myers is expanding to Indonesia by entering into an association with local firm Tumbuan & Partners.

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

King & Spalding adds an antitrust specialist from the Justice Department, a former Skadden counsel joins Perkins Coie as a partner in Chicago, and Morgan Lewis lands a tax partner from McDermott. The Churn is constant. Please send all announcements to thechurn@alm.com.

 
Jones Walker, Watkins Ludlam Complete Merger Top

New Orleans–based Jones, Walker, Waechter, Poitevent, Carrère & Denègre expands its Gulf Coast presence and pushes its lawyer head count past 375, while a suit filed against Jackson, Mississippi–based Watkins Ludlam Winter & Stennis by a pair of shareholders left out of the merger proceeds.

 
The Careerist: Leather Up Top

It's the season for those fabulous leather fashions. But would you wear a leather jacket, skirt, or pants to the office?

 
Three Firms Take Roles on $780 Million Tekelec Buyout Top

Akin Gump, Bryan Cave, and Simpson Thacher are advising on the acquisition of the mobile broadband services company by a consortium led by a private equity firm spun off from hedge fund manager Steven Cohen's SAC Capital Advisors.

 
Dorsey Gets Call for Best Buy Takeover of IT Company Top

Dorsey & Whitney is advising consumer electronics retail giant Best Buy on its planned $167 million purchase of MindShift Technologies. Best Buy also agreed to pay $1.3 billion for full control of a cell phone venture. 

 
DLA Piper Partners Appoint Tony Angel Top

Global cochairman Frank Burch told The Am Law Daily that Angel's addition to DLA, already the largest law firm in the world by lawyer head count, is a sign the firm isn't done growing.

 

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