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September 21, 2007 |

U.S. Firms in London Say They're More Merger-Minded

Legal Week's annual survey of U.S. firms in London reveals that 47 percent of respondents would consider a merger with a U.K. firm, up from 39 percent last year and just 29 percent in 2005. The trend may signal that firms realize how hard it is to grow organically in the London legal market, which by some measures is now the most costly in which to operate worldwide. Putting additional pressure on U.S. firms: the weak dollar and the related disadvantage in attracting heavy-hitting London partners.
11 minute read
Jenner Strikes Out in Investor Suit Against Nationalized Irish Bank; Judge Rules Anglo Irish Protected by FSIA
Publication Date: 2011-11-29
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On Monday Manhattan federal district court judge Paul Gardephe dismissed a suit against Anglo Irish Bank, which the Irish government nationalized in 2009, ruling that the Foreign Sovereign Immunities Act shielded the bank from claims by bondholder affiliates of Fir Tree Partners Inc.

October 08, 2009 |

New Deals

Belgium-based Solvay Group has agreed to sell its pharmaceuticals sector to Abbott Laboratories for $6.6 billion in cash, diversifying Abbott's product portfolio and increasing its presence in the expanding markets of Eastern Europe and Asia. Also, Bank of America has sold its long-term asset management business, Columbia Management, to Ameriprise Financial for $1 billion.
4 minute read
April 30, 2007 |

In Brief

Ex-Milberg partner files to drop charges ... Simpson Thacher opens Beijing office.
2 minute read
The Global Lawyer: How Not to Be an Evil Law Firm
Publication Date: 2011-12-06
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A new report on law firm social responsibility moves way beyond pro bono and asks firms to hew to international human rights principles--even if it means dropping clients.

February 25, 2003 |

Blackstone Group / TRW Automotive

4 minute read
November 01, 2000 |

Let A Thousand Branch Offices Bloom

Over the past two years, planning for post-WTO China has become a top priority for Fortune 500 companies; and Western law firms sense enormous potential for profit. As China's state-owned economy moves toward a free market, the demand for sophisticated legal services has far exceeded the capacity of the country's fledgling domestic bar, allowing Western lawyers to fill the gap.
20 minute read
March 23, 2001 |

Going Deutsch

First came the British invasion. Then an incursion of New Yorkers. Now, California firms are scrambling to stake out territory in what is perhaps Europe's hottest legal market: Germany. The country's economy, the third largest in the world, is booming. But even though Germany is alluring, consultants and firm managers say that entering the market is difficult.
9 minute read
Matter of Bear Stearns & Co. Inc. v. International Capital & Management Company LLC, 650125/201
Publication Date: 2011-06-27
Practice Area: Alternative Dispute Resolution
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Court: Supreme Court, New York County, IAS Part 60
Judge: Justice Fried
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For defendant: For Respondent: Syracuse & Hirschtritt, LLP, New York, NY; Paul D. Sarkozi)
Case number: 650125/201

Cite as: Matter of Bear Stearns & Co. Inc. v. International Capital & Management Company LLC, 650125/201, NYLJ 1202498324828, at *1 (Sup., NY, Decided Date)p class

February 25, 2003 |

Blackstone Group / TRW Automotive

4 minute read

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