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A&P, McGuireWoods Advise as Kroger Bags Harris Teeter
The Kroger Company said Tuesday that it is expanding its presence in the southeastern and mid-Atlantic regions of the United States by agreeing to acquire North Carolina–based grocery store chain Harris Teeter Supermarkets Inc. for $2.5 billion, including assumed debt.
DLA Piper Strips Alston & Bird of N.C. REIT Group
Alston & Bird has lost its lucrative 10-lawyer real estate investment trust group in Raleigh, N.C. -- one of the largest such practices in the country -- to rapidly expanding legal behemoth DLA Piper Rudnick Gray Cary. Group leader Brad S. Markoff says he left Alston for the same reason he joined the firm about eight years ago: a bigger platform. The 2,800-lawyer DLA Piper is using the acquisition to open a Raleigh office with Markoff as managing partner.Politicians Are People Too, Sort of
Joe Klein knows Sen. Bob Kerrey of Nebraska. He's probably interviewed him. Thinks well of him. Yet Sen. Charlie Martin, protagonist of Klein's new book, "The Running Mate," is no Bob Kerrey. Sort of. In Klein's post-"Primary Colors" world, the political actors are sometimes obvious understudies of their real-life Washington counterparts.
The bloom may be off Charlotte, N.C.'s rose
With hopes of gaining business from banking powerhouses in Charlotte, N.C., several big law firms have opened offices there in the past year. But a downturn in finance work has some of those shops rethinking their strategies.Compass Group GC equally weighs law, finance, common sense to gauge success
C. Palmer Brown is general counsel and senior vice president for Compass Group North America, headquartered in Charlotte, N.C. Brown joined Compass Group in 2001 and has served in several finance, strategic planning and corporate development roles. He has coordinated most of the acquisitions and divestitures for the company and became general counsel in July 2010.In re Schering-Plough Corporation ERISA Litigations
The District Court erred in ruling that former employees who were participants in a defined contribution plan may not prosecute a derivative action on behalf of an employees' savings plan to recover losses sustained by the plan because of alleged breaches of fiduciary duty; plaintiffs may seek money damages on behalf of the fund, notwithstanding the fact that the alleged fiduciary violations affected only a subset of the saving plan's participants.
Five Firms Help Create Auto Parts Giant
Kirkland & Ellis, Stikeman Elliott, and Weil, Gotshal & Manges are advising Advance Auto Parts on its $2.04 billion cash acquisition of privately held rival General Parts International in a takeover deal that will create North America's largest auto parts retailer.TRENDING STORIES
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