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July 16, 2012 |

Ceasing Hostilities, GSK and Human Genome Agree to Friendly $3 Billion Deal

Months after adopting a "poison pill" takeover defense to fend off a hostile bid by GlaxoSmithKline, biotechnology company Human Genome Services has agreed to accept a sweetened offer from the British pharmaceutical giant. Six Am Law firms landed roles on the transaction.
3 minute read
October 18, 2012 |

People in the News

Temple Law Review and the Pennsylvania Innocence Project are presenting "False Confessions Intersecting Science, Ethics and the Law" from 8:30 a.m. to 4 p.m. November 9 at Temple University's Beasley School of Law.
2 minute read
July 30, 2007 |

Financing problems dim 'golden era' for buyouts

THE ''GOLDEN ERA'' for leveraged buyouts proclaimed by Henry Kravis two months ago is losing its luster. Kravis, co-founder of New York-based Kohlberg Kravis Roberts Co., said May 29 that there was ''plenty of capital'' to finance acquisitions. On Thursday, Chrysler and Alliance Boots failed to find buyers for $20 billion of loans to pay for their buyouts.
4 minute read
Another Litigation Finance Firm Opens Its Doors
Publication Date: 2013-04-08
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Three prominent lawyers and a hedge-fund manager launched a Chicago-based litigation financing company Monday with $100 million in capital.

May 17, 2011 |

Obama holding assets of up to $11.8 million

President Barack Obama and first lady Michelle Obama held total assets of between $2.8 million and $11.8 million last year and reported no debt, according to federal financial disclosure forms.
3 minute read
Law Journal Press | Digital Book America Invents Act (AIA) Handbook: A Guide to the Patent Law Reform of 2011, The, 2015 Edition Authors: Mary Anthony Merchant View this Book

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Four Judges Who Made a Mark
Publication Date: 2012-12-26
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The Litigation Daily covered lots of rulings by lots of judges in 2012, and sometimes they can all blur together. But a few judges stand out.

November 06, 2007 |

Declines shake confidence in hedge fund industry

THE HEDGE FUND INDUSTRY is grappling with its first shakeout in a decade as investors increasingly recoil from startups considered susceptible to the toxic shocks of this year's credit markets. New hedge funds are opening at the slowest pace since 2003 with almost all of the $164 billion of new investments going to managers with proven records, data compiled by Chicago-based Hedge Fund Research Inc.
5 minute read
December 21, 2011 |

KB Home 4Q net income falls but tops Street's view

KB Home's fiscal fourth-quarter net income fell 20 percent on rising expenses, but revenue climbed on more home deliveries and a higher average selling price.
2 minute read
November 02, 2006 |

New Deals

London-based National Grid PLC, a supplier of natural gas and electricity from its five northeastern U.S. stations to around 3.4 million customers, has been granted approval by the U.S. Federal Energy Regulatory Commission to purchase fellow natural gas provider KeySpan Corp. The final price was $7.3 billion. KeySpan, headquartered in Brooklyn, is the largest gas distributor in the region, with 2.6 million customers.
4 minute read
May 17, 2011 |

Wal-Mart first-quarter profit rises

Wal-Mart Stores, the world's largest retailer, posted a 3.8 percent gain in first-quarter profit, beating analysts' estimates as growth abroad helped make up for U.S. sales declines.
4 minute read

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