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August 03, 2011 |

Asian buyers target U.S. hotels as affluence increases travel

High-end hotels in large U.S. cities are attracting buyers from Hong Kong, China and Singapore seeking to cater to a growing number of affluent Asians traveling abroad.
6 minute read
May 18, 2010 |

Investments were destined to fail

In June 2006, a year before the subprime mortgage market collapsed, Morgan Stanley created a cluster of investments doomed to fail even if default rates stayed low-then bet against its concoction. Known as the Baldwin deals, the $167 million of synthetic collateralized debt obligations had an unusual feature, according to sales documents.
7 minute read
December 05, 2011 |

Franchise Tax Intact After Allcat

Higher taxes for law firms organized as limited liability partnerships will remain in place, after the Texas Supreme Court on Nov. 28 refused to strike down as unconstitutional a state franchise tax on business partnerships. But Jimmy Martens, whose client lost that high-court challenge, says he's hopeful the court's reasoning could enable reforms to the franchise tax.
5 minute read
January 21, 2013 |

Newsmakers

3 minute read
March 20, 2002 |

New Deals: Lawyers on Major Transactions

MidAmerican Energy Holdings Company, a Des Moines, Iowa-based subsidiary of Omaha, Neb.-based conglomerate Berkshire Hathaway Inc., announced recently that it had agreed to purchase an interstate natural gas pipeline from Tulsa, Okla.-based energy company The Williams Companies Inc. for about $960 million in cash and debt assumption. The Kern River pipeline transmits natural gas from reserves in the Rocky Mountains and Western Canada to markets in Utah, Nevada and California. Constructed in 1992, Kern
3 minute read
May 02, 2000 |

Names Behind the News

Who's coming and going at firms across the country.
4 minute read
March 15, 2013 |

The Churn: Lateral Moves in the Am Law 200

Allen & Overy loses a U.S. practice group leader; an associate general counsel at the Office of the U.S. Trade Representative joins K&L Gates; and an Internet law and policy attorney heads to Steptoe & Johnson. The Churn is constant. Please send all announcements to [email protected].
5 minute read
February 27, 2013 |

Judge Okays Dewey Liquidation Plan, Clearing Way for Repayment of Creditors

To a hearty round of backslaps and handshakes, U.S. Bankruptcy Judge Martin Glenn closed a two-hour hearing Wednesday by approving Dewey & LeBoeuf's Chapter 11 liquidation plan after the last remaining objections faded away. Under the plan, Dewey's secured creditors are to receive roughly 47 to 77 cents for each $1 they are owed, while unsecured creditors are to get roughly 5 to 14 cents.
7 minute read

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