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October 06, 2009 |

Did Bank of America CEO Ken Lewis Listen to His Lawyers?

What did Bank of America's GC and outside lawyers advise CEO Kenneth Lewis in the weeks leading up to its acquisition of Merrill Lynch? Whether or not Lewis, who will step down Dec. 31, took his lawyers' advice is at the heart of hearings before Congress and investigations by the SEC, DOJ and the attorneys general of New York and North Carolina. For one thing, the investigators want to know why Lewis was acting on certain information behind the scenes, while not disclosing that information to shareholders.
4 minute read
March 27, 2001 |

Transaction Utopia

Over the past two decades, litigation lawyers saw litigation support technology transform their work. Now transaction lawyers also are poised to see technology transform their practices. On the leading edge are virtual deal rooms -- Web-based electronic meeting places that can cut the cycle time of a deal, maintain a secure audit trail, and reduce document handling and travel time.
10 minute read
June 20, 2007 |

Arbitrators Tackle Russian Corruption in Fight Over Cell Phone Operator

In a case pitting Russian conglomerate Alfa Group Consortium against a Bermuda investment vehicle, IPOC International Growth Fund Limited, the prize was a stake in Russian cell phone operator OAO MegaFon worth up to $2.5 billion. The case was rife with allegations of spy-like tactics, but the arbitration will be remembered as the first where arbitrators evaluated a party's criminality. A Zurich panel found that IPOC was a vessel for Russia's minister of telecommunications to launder stolen money.
8 minute read
January 07, 2008 |

N.Y. firm leads in deal advise despite slow year all around

Sullivan Cromwell, hired to advise on six of the 10 biggest deals in 2007, led all law firms in mergers and acquisitions for the fourth year in a row. The New York-based law firm retained its title even as the value of transactions it advised on fell 11 percent from last year to $434.3 billion. Total announced mergers and acquisitions rose 10 percent to a record $4.
5 minute read
August 08, 2006 |

England Poised To Reform Legal Market

A draft bill that is expected to pass next year would allow public ownership of firms. U.S. firms with London operations are trying to assess how the measure would affect the leading U.K. firms that are their competition.
7 minute read
December 03, 2007 |

New Breed of Independents Breaking the Mold in Europe

The image of the European independent law firm as a fading, conservative institution unable to keep pace with emerging foreign powers looks set to come up for revision, according to a comprehensive overview of the market. Legal Week's annual Independent Law Firms in Europe report charts a new breed of entrepreneurial practices often set up by young lawyers with experience of working at major international firms.
4 minute read
September 18, 2007 |

Former Alcatel-Lucent GC Takes On Key Motorola Role

Former Alcatel-Lucent general counsel Richard Pithcaethly has bagged a role as vice president and U.K. legal director for mobile phone giant Motorola, Legal Week can reveal. Pithcaethly was law vice president for Europe, the Middle East and Africa at Lucent for nine years before it merged with Paris-based communications giant Alcatel last year. Meanwhile, Alcatel-Lucent general counsel Pascal Durand-Barthez has quit the telecom company to join Linklaters' Paris M&A practice.
2 minute read
November 14, 2005 |

Every Day's a Carnival

Arnaldo Perez, GC of the world's leading cruise ship operator, Carnival Corp., lately has focused his efforts on corporate governance issues related to the Sarbanes-Oxley Act of 2002 and relations with the company's board of directors. After a "virtual merger" involving U.K.-based P&O Princess Cruise Lines, and creation of a parent company comprising two stand-alone corporations, the legal department's administrative load has increased. Now, Perez must be fluent in American and U.K. compliance requirements.
5 minute read
September 25, 2008 |

18 minute read
September 14, 2010 |

The Jay Mariotti Chronicles: Columnist Calls in Gibson Dunn Bigwig

Who does a high-profile sports columnist turn to when he finds himself in legal trouble? A prominent attorney from an Am Law 200 firm, of course.
7 minute read

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