SJ Berwin and Proskauer Rose have called off their transatlantic merger talks after nine months of protracted discussions. The two firms issued a statement earlier this afternoon confirming that the talks had ended yesterday (11 November). In a joint statement, the firms said: "At this stage in our discussions we recognised that the timetable necessary to reach the agreements that would ensure the successful integration of our firms is not workable at this time. "Accordingly, and with considerable regret, we have mutually determined to halt our talks. We look forward to continued cooperation between our firms for the benefit of our clients."
November 12, 2010 at 10:14 AM
1 minute read
The original version of this story was published on Legalweek
SJ Berwin and Proskauer Rose have called off their transatlantic merger talks after nine months of protracted discussions.
The two firms issued a statement earlier this afternoon confirming that the talks had ended yesterday (11 November).
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