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Probably no one was more anxious to read Judge Beryl Howell's written ruling than lawyers for AT&T and T-Mobile at Kellogg Huber and Cleary Gottlieb, who are fighting off the Justice Department's challenge to their own clients' planned $39 billion merger. They won't find much to like in Judge Howell's opinion.
A $5 million investment in this case could turn into a very nice payday for the litigation funding company Burford Capital. It's entitled to 33 percent of any settlement before judgment and 40 percent of any judgment.
Skadden, Cleary, Akin, and Weil Banners Flying High for Big Deals in Mother Russia
The Am Law 100 firms have landed key roles on major transactions originating in Russia, including the $28 billion sale of half of the country's third-largest oil company, TNK-BP, to state-backed Rosneft. Coupled with the sale of the other half of TNK-BP to Rosneft in October, the $56 billion deal is the largest M&A transaction in Russian history.With Changes Afoot, DLA Lands Role on Dual Discovery Deals
DLA Piper is advising Discovery Communications on a pair of big deals in Europe as the world's largest nonfiction media company moves to expand its reach on the continent. The assignment caps a busy 2012 for DLA, which made a spate of lateral hires this year while launching a strategic review of its U.K. and Pacific Rim operations that is likely to result in a reduction in lawyers and staffers.The appeals court affirmed a lower court's finding that a digital music download is not a public performance under copyright law. It also ordered a revaluation of the fees Yahoo! and RealNetworks owe to play copyrighted music on their sites.
More homes plagued by defective Chinese drywall have been slated to be repaired under a new agreement between plaintiffs lawyers representing homeowners, manufacturer Knauf Plasterboard (Tianjin) Co., and a homebuilders' committee in ongoing multidistrict litigation in New Orleans. But according to homebuilders' lead lawyer at Greenberg Traurig, the builders could have expanded the remediation efforts long ago.
As IPO Market Gains Steam, Am Law Firms Advise Latest Batch of Share-Sellers
The huge non-profit often shows up as an amicus in qui tam litigation, but this appears to be the first time AARP is wading directly into the fray.
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