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News & Gossip: Slaughter & May, DLA, S&C + More
A quick and dirty take on the news.Slaughter and May Advises on Tata European Steel Works Sale
The Indian steel giant has struck a deal to sell its long product business to private equity firm Greybull CapitalCustomers Reap Benefits From Hughes Hubbard's MF Global Role
Hughes Hubbard & Reed received $87 million for its work handling the liquidation of MF Global's broker-deal unit, and customers and creditors of the defunct commodities trader also fared well after four years of bankruptcy proceedings finally came to an end this week.Clay Long Goes Solo, Works on Coke Bottler Deal
Citing client conflicts, Clay Long, one of the founders of McKenna Long & Aldridge, has started a solo practice rather than join Dentons, which swallowed his former firm last month.Clay Long Goes Solo, Works on Coke Bottler Deal
Citing client conflicts, Clay Long, one of the founders of McKenna Long & Aldridge, has started a solo practice rather than join Dentons, which swallowed his former firm last month.XL Group to Acquire Catlin Group in $4.1 Billion Deal
XL Group plc will acquire all of the capital stock of Catlin Group Limited in a transaction valued at $4.1 billion.Under the terms of the transaction,…Undeterred, AbbVie Makes Another Play for Shire
After being rebuffed three times by Shire, AbbVie announced a sweetened bid of $51.5 billion for the Irish pharmaceutical company. Advising AbbVie are Herbert Smith Freehills and Sullivan & Cromwell; Shire turned to Slaughter & May and Davis Polk & Wardwell.European 'Best Friends' Firms Plan Shanghai Launch
Germany's Hengeler Mueller and the Netherlands' De Brauw, part of a referral network that also includes British firm Slaughter & May and Spanish firm Uría Menéndez, will open adjacent offices in Shanghai.GE Unveils New European Corporate Advisers
General Electric has named five firms on its first-ever European M&A panel, handing out lucrative mandates to Freshfields Bruckhaus Deringer, Weil Gotshal & Manges, Slaughter & May, Allen & Overy and Ashurst. The quintet, which have all advised GE in the past, will look after its major transactional work in Europe after winning out in the latest round of a sweeping review of the company's external legal advisers.Revenue, Profit, Cash: Managing Law Firms for Success
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