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August 01, 2012 |

Virginia Toll Road Moves Forward with Help from Orrick, Ballard Spahr

The $935 million project—which will widen a 29-mile stretch of Interstate 95 in Virginia to cater to carpoolers and those willing to pay a premium for a speedier drive—is the latest public-private partnership on which the two firms have worked.
4 minute read
June 22, 2012 |

Q&A: Peter J. Kiernan

Kiernan, who is of counsel at Schiff Hardin, was the governor's principal lawyer from 2008 to 2010, one of the most turbulent periods for state government in recent memory.
15 minute read
Litigator of the Week: Jacob Buchdahl of Susman Godfrey
Publication Date: 2013-02-07
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Assured Guaranty's case against Flagstar Bancorp wasn't the biggest case brought by a bond insurer against a mortgage-backed securities issuer in the wake of the housing crisis. But that doesn't make Buchdahl's $90 million victory this week any less of a problem for the banks.

September 10, 2013 |

Requisite Mental Capacity for Executing an Intervivos Trust

Sanford J. Schlesinger and Ross Katz of Schlesinger Gannon & Lazetera write that while the law is replete with examples of cases discussing the requisite mental capacity of a testator necessary to execute a will, few decisions exist wherein a court is faced with analyzing the requisite mental capacity necessary to execute an intervivos trust. A recent decision sheds light on this seldom analyzed area of law.
11 minute read
September 17, 2012 |

Quiet Trusts and Great Expectations

Jonathan J. Rikoon, a partner at Debevoise & Plimpton, and Louise Ding Yang, an associate at the firm, write that over the past decade more than 30 jurisdictions have enacted legislation - primarily driven by controversial provisions included in the 2000 Uniform Trust Code - permitting some form of a "quiet" or "silent" trust in which the settlor abrogates or severely limits a trustee's duty to inform beneficiaries of the existence of an irrevocable trust or to notify beneficiaries of certain other trust information.
11 minute read
August 06, 2012 |

Va. Toll Road Moves Forward With Help From Law Firms

Drivers stuck in traffic in Northern Virginia, take heart: As of Tuesday, a long-stalled $935 million highway project aimed at easing congestion by widening a 29-mile stretch of Interstate 95 is finally on the road to completion.
4 minute read
September 23, 2013 |

Four Firms Dialed In for BlackBerry's Take-Private Deal

Stumbling smartphone maker BlackBerry said Monday it has agreed to sell itself to a consortium led by its largest investor, Canadian insurance company Fairfax Financial Holdings, for $4.7 billion. Skadden and Canadian firm Torys are advising a special committee of BlackBerry's board, while the buyers have turned to Shearman & Sterling and McCarthy Tétrault.
4 minute read
January 16, 2001 |

London

There's a battle brewing in London over junk. Yes, junk (or high-yield) bonds have come to Europe, and U.S. and U.K. firms are competing intensely to win the financing work. In one corner stand London's two top banking firms, Allen & Overy and Clifford Chance. Facing off are New York's Shearman & Sterling and Simpson Thacher & Bartlett, and Los Angeles-based Latham & Watkins.
5 minute read
November 03, 2010 |

Fed to buy $600 billion in bonds to aid economy

The Federal Reserve announced a bold plan Wednesday to try to invigorate the economy by buying $600 billion more in Treasury bonds.
4 minute read
April 17, 2013 |

Marketplace: Massive Hudson Yards Project Moves Forward

The 26-acre complex currently under construction on Manhattan's West Side has captured the attention of several high-profile companies. L'Oreal USA and SAP AG will join Coach Inc. at Hudson Yard's 1.7 million-square-foot South Tower. Also, the first of two 99-year ground leases with the Metropolitan Transportation Authority has been finalized.
6 minute read

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