The American Lawyer
Shearman & Sterling, having already scored a big victory Monday in a major international arbitration case, has teamed up with Perkins Coie to advise online property website Zillow on its $3.5 billion buy of rival Trulia, which is receiving outside counsel from Goodwin Procter and Wilson Sonsini Goodrich & Rosati.
Palo Alto-based partner Jeffrey Saper led the Wilson Sonsini team, while Latham & Watkins advised underwriters.
Three months after refusing to block the Art Students League of New York's $31.8 million transfer of air rights over its historic West 57th Street building, Manhattan Supreme Court Justice Melvin Schweitzer has disposed of a suit challenging the sale brought derivatively by a segment of the league's membership.
Vinson & Elkins represents QR Energy in the Houston company's pending acquisition by Breitburn Energy Partners of Los Angeles, which turned to Latham & Watkins for the $3 billion deal.
The new CEO of Red Lobster announces an end to steep discounting, but some popular promotions will stay.
After reaching a deal with skeptical New York officials, the ride-sharing company announced that riders could begin using the service on Friday.
A slew of Am Law and Magic Circle firms advised as 21st Century Fox agreed to offload its pay-television assets in Italy and Germany to British Sky Broadcasting Group in a deal that would provide cash to reignite media mogul Rupert Murdoch's takeover bid for Time Warner.
York Risk Services is sold for more than a billion dollars, while Chambers Street Properties sells a U.K. shopping center.
"Moving parties have not established that they may suffer irreparable injury if relief is not granted, for which there is not an adequate remedy at law," wrote U.S. District Judge Mary Lou Robinson of the Northern District of Texas in the order.
The implosion of a movie graphics production company has led to an $82 million fraud lawsuit filed by a state agency.