Law News
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Mar 09 2010
Weil, Gotshal & Manges has posted flat gross revenue and a slight rise in profits per partner for the year 2009. The results are somewhat disappointing considering the...
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Feb 22 2010
Lehman’s bankruptcy is believed to be the largest in US history. A new regulatory filing revealed that various consulting and legal firms and other lucky advisors...
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Feb 10 2010
Jenner & Block chairman 66-year-old Anton Valukas, court-appointed receiver in the Lehman Brothers bankruptcy, has completed his probe.
Valukas, a former federal...
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Jan 19 2010
28 law firms, financial advisers, investment banks and consulting firms involved in the winding down of Lehman Brothers have received $568.7 million in fees, The Wall...
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Jan 12 2010
US insurance giant American International Group Inc. (AIG) has asked Thomas A. Russo, former legal affairs chief at Lehman Brothers, to be its next general counsel,...
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Jan 06 2010
Linklaters has advised administrators PwC on a claim resolution agreement (CRA), an arrangement for the return of assets to clients, which is now unconditional after...
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Sep 17 2009
Jones Day, the law firm which represents the Lehman estate, claims Barclays and certain Lehman executives offered a record that was "inaccurate due to mistakes,...
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Feb 06 2009
Bankruptcy lawyer fees broke through the $1,000-an-hour barrier for the priciest bankruptcy legal advice.
Skadden, Arps, Slate, Meagher & Flom's rates top out at...
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Dec 04 2008
Linklaters’ high-profile role on Lehman Brothers’ administration is set to become one of most lucrative mandates in European legal history with the City giant now...
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Oct 20 2008
A first-year associate at Cleary Gottlieb Steen & Hamilton made an Excel reformatting error that mistakenly added 179 contracts to an agreement to buy Lehman Brothers...
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Oct 13 2008
City law firms reported unprecedented levels of activity in the last two weeks of September as financial institutions called on their legal advisers...
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Oct 01 2008
Weil Gotshal & Manges, Lehman's bankruptcy counsel, is handling the sale of Lehman's asset management unit, Neuberger Berman, to Bain Capital and Hellman & Friedman...
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Sep 26 2008
Freshfields Bruckhaus Deringer has emerged as the latest firm to score a role on Japanese investment bank Nomura’s acquisition of Lehman Brothers’ Asian operations and...
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Sep 24 2008
Cleary Gottlieb Steen & Hamilton and Ropes & Gray have secured the key roles on the joint acquisition of Lehman Brothers’ investment management unit by Bain Capital...
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Sep 24 2008
Skadden Arps Slate Meagher & Flom has advised Japanese bank Nomura on its winning auction bid for Lehman Brothers' Asian operations.
Linklaters' Hong Kong office...
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Sep 22 2008
The number of Linklaters partners advising on the Lehman Brothers UK administration has climbed to 20 in the space of five days - one of the biggest senior legal teams...
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Sep 19 2008
Milbank Tweed Hadley & McCloy has landed a role advising the creditors’ committee of Lehman Brothers, which recreates the law firm line-up of the Enron bankruptcy....
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Sep 18 2008
Weil Gotshal & Manges, the New York corporate and insolvency specialist, is managing Lehman Brothers’ Chapter 11 bankruptcy proceedings in the US.
In the UK, a...
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Sep 18 2008
The bankruptcy of Lehman Brothers and the announced acquisition of Merrill Lynch & Co. by Bank of America will produce a flurry of legal activity. But for most large...
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Sep 16 2008
Weil Gotshal & Manges LLP is advising Lehman Brothers on its bankruptcy filing.
US firm Weil Gotshal, the No. 1 bankruptcy firm for decades representing almost...
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Sep 16 2008
Elite US firms Wachtell Lipton Rosen & Katz and Shearman & Sterling have taken the lead advisory roles on the $50bn all-stock sale of banking giant Merrill Lynch to...
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Sep 16 2008
Cravath Swaine & Moore and Davis Polk & Wardwell have won places advising JP Morgan Chase and Citibank on the creation of the $70bn (£39.6bn) liquidity facility set up...
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Sep 15 2008
Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the biggest bankruptcy filing in history....
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Jul 15 2008
The two firms will provide People's Republic of China corporate clients with greater access to foreign capital markets and funding.
Portland-based Bullivant Houser...
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Jun 02 2008
Allen & Overy LLP today announced that David S. Broderick joined the firm as a real estate partner in the New York office, effective June 2. David brings 15 years of...
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