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October 10, 2007 |

Sprint may find replacing Forsee won't be enough

SPRINT NEXTEL CORP. may find that replacing Chief Executive Officer Gary Forsee isn't enough to revive the third-biggest U.S. mobile-phone company. Amid pressure from investors and customer defections to ATT and Verizon Wireless, Sprint ousted Forsee on Monday and decided to recruit candidates for the post from outside the Reston, Va.
4 minute read
January 11, 2006 |

Telecoms Plot Post-Merger Moves

Now that Verizon Communications has closed its $8.5 billion acquisition of MCI, Chairman and CEO Ivan Seidenberg has a range of networks and services to rival those of AT&T counterpart Edward Whitacre Jr., who engineered the $22 billion combination of SBC Communications and AT&T last year. The Verizon-MCI deal and the November union of SBC and AT&T crossed regulatory boundaries that once seemed taboo.
4 minute read
July 18, 2001 |

A Conversation with FCC Chairman Michael Powell

The takeover of the Senate Commerce Committee by Ernest "Fritz" Hollings, D-S.C., poses a serious threat to Michael Powell's reform agenda. That spells trouble for the M&A community. Industry officials had thought this would be the year their calls for relief from FCC policies that inhibit dealmaking would be heeded. But experts said Powell's deregulatory quest will be stifled by the Democratic takeover.
8 minute read
March 30, 2007 |

Expenses of Going Public May Discourage Small Funds From Following Blackstone's IPO Lead

Although last week's IPO announcement by giant private equity fund The Blackstone Group has been hailed as a watershed event on Wall Street, some lawyers don't think it portends a rush by smaller, regional funds to go public. Because of the fund's success in the private equity world, it has enough leverage to avoid some of the headaches of going public, such as activist shareholders. And its compliance costs will only amount to a tiny fraction of overall expenses, said Alston & Bird partner Teri T. McMahon.
4 minute read
June 24, 2002 |

Cost Control, Real Estate Lift MMM Over Hurdles

Julia D. [email protected], Manning Martin survived a year of attorney layoffs, a dearth of public offering work and the continued decline of the technology market. The firm's lowest revenue increase in at least five years necessitated cost controls. But what is a small increase to Morris, Mann-ing is a solid year to most other firms.
3 minute read
October 22, 2002 |

Long-Distance Battle Brewing

The Bells and the companies that use their networks to provide local phone services are locked in an increasingly bitter debate over the future of telecom regulations. Recent comments by FCC Chairman Michael Powell have led many to believe that the commission will scale back at least some of the policies that require the Bells to offer "unbundled network elements" to competitive local exchange carriers.
4 minute read
May 30, 2001 |

Gauging Michael Powell

Late last month, President George W. Bush announced his intention to renominate Michael Powell, recently promoted chairman of the Federal Communications Commission, to a second term. So it seems a particularly timely moment to try to "crystal ball" the FCC under its new leadership. If past is prelude, then Powell will be taking a studied, objective, and practical approach to his job.
6 minute read
November 15, 2006 |

Private Equity Companies Get Close to Simpson Thacher

Simpson Thacher & Bartlett just had a summer that private equity lawyers dream about. The New York firm's two top private equity clients, Kohlberg Kravis Roberts and The Blackstone Group, were on a dealmaking binge. Of course, Simpson has many private equity clients, but it makes sure that KKR and Blackstone always come first. The devotion has paid off: One KKR partner describes Simpson as part of its "inner circle." And several Simpson attorneys have moved in-house with Blackstone and KKR.
19 minute read
March 14, 2013 |

Gables attorneys help racing team collect $7 million in contract breach

Joseph Klock Jr., Juan Carlos Antorcha and Miguel Morel helped a Miami-based Le Mans racing team prove that T-Mobile was in breach of contract after refusing to pay the team $7 million.
4 minute read

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