0 results for 'Travers Smith'
AIG Overhauls Global Legal Operations
Legal operations at American International Group Inc. are undergoing a global makeover as the company looks for ways to cut outside counsel costs, increase quality, and achieve efficiencies in the 130 countries where it does business.Mergers Help Boost a Revenue Boom for U.K.'s Top 50 Law Firms
The U.K.'s top law firms have overcome continued uncertainty in the global economy to achieve a second consecutive year of growth, while the top 50 firms push partner profits back toward a boom-time high. However, much of the revenue growth was driven by consolidation, with five firms significantly adding to their fee income through domestic or international mergers.The Churn: Lateral Moves and Promotions in The Am Law 200
IBM's chief privacy officer moves to Hogan Lovells; K&L Gates bolsters its labor and employment and tax practices in Paris; and Troutman Sanders adds three partners in Orange County. The Churn is constant. Please send all announcements to [email protected].DLA Piper Leads on Sale of Legal Outsourcing Firm
The long-dormant buyout market might finally be emerging from its slumber as a trio of U.K. companies were scooped up by British private equity firms on Thursday. One of the sales involved CPA Global, a leading legal process outsourcing firm, to London-based mezzanine lender Intermediate Capital Group. ICG is paying $709 million to seal a management buyout of CPA, which is owned by 300 lawyers and patent officers.Four Am Law 100 Firms Take Lead on $1 Billion Sale of Cleveland Browns
Covington & Burling, Proskauer Rose, Squire Sanders, and Wachtell, Lipton, Rosen & Katz are advising on the $1 billion sale of the National Football League's Cleveland Browns from Randy Lerner to truck stop magnate Jimmy Haslam III. The deal represents the latest sale of a major U.S. professional sports team in recent months.Kirkland Snags Roles on Private Equity Sale, BMS Pharma Pact
The Am Law 100 firm is advising London-based private equity shop 3i Group on its $972 million sale of Canadian plastics technology company Mold-Masters, and representing pharmaceutical giant Bristol-Myers Squibb in connection with a $482 million Latin American medicines licensing deal with Reckitt Benckiser. Weil, Gotshal & Manges and Paul, Weiss, Rifkind, Wharton & Garrison have also landed roles on both transactions.4th Circuit's 5-5 Split May Impact Hot-Button Cases
The 4th Circuit is under the microscope as senators, legal experts, and conservative and liberal groups watch to see if five vacant judgeships will trigger an ideological shift in one of the nation's most conservative federal appellate benches. An even split, coupled with President Bush's inability to get his nominees confirmed by the Senate, could shift the court toward the left and affect decisions in a key terrorism case, death penalty appeals, immigration issues and labor disputes.Trending Stories
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