The Work

July 10, 2009 7:12 PM

Appleby, Cahill, Skadden, Sullivan & Cromwell on Latest Reinsurance Deal

Validus Holdings Ltd., a Bermuda-based reinsurance company, announced Thursday that it has reached an agreement to buy IPC Holdings Ltd. for about $1.7 billion.

07/10/09 Posted by Priti Patnaik

The Work

Paris Hilton: "You're My Best Judge Forever"

As much as The Am Law Daily tries to remain above the celebrity/gossip news fray, when Paris Hilton testifies in federal court and is represented by a lawyer from Greenberg Traurig in a case linked to the collapse of a $300 million business-turned-Ponzi scheme, we consider that news worth sharing.

07/10/09 Posted by Brian Baxter

The Churn

The Churn: Lateral Moves and Promotions in The Am Law 200

Dewey & LeBoeuf adds four, but loses two to McKool Smith; K&L Gates picks up three in Paris; McGuireWoods brings four to its London office; and Sonnenschein loses three to Morgan Lewis, but adds four. Plus: moves to Arent Fox, Ballard Spahr Andrews & Ingersoll, Bryan Cave, Howrey, Morrison & Foerster, Pepper Hamilton, Shearman & Sterling, and others. The Churn is constant. Send your news to amlawdaily@incisivemedia.com.

07/10/09 Posted by Vivian Yee

The Talent

Mayer Brown's Collins Found Guilty

Joseph Collins, the 59-year-old corporate partner on leave from Mayer Brown, was found guilty Friday afternoon by a Manhattan federal jury of five counts in his criminal trial. The charges included conspiracy, two counts of securities fraud, and two counts of wire fraud.

07/10/09 Posted by Susan Beck

The Work

Cleary, Not Davis Polk, Gets ISDA's Work in Regulatory Fight

Cleary's Edward Rosen has cornered the work fighting the Obama administration's proposals to regulate the derivatives market.

07/10/09 Posted by Zach Lowe

The Work

Orrick's Lanny Davis Lobbying Against Deposed Honduran Leader

TheHill.com reports that the former White House special counsel and well-known supporter of Secretary of State Hillary Rodham Clinton is leading a lobbying effort against deposed Honduran President Manuel Zelaya.

07/10/09 Posted by Brian Baxter

The Work

GM Bankruptcy Molts into Motor Liquidation, Vehicle Acquisition

Almost a month after Chrysler completed its metamorphosis, General Motors is poised to do the same as it sheds its Chapter 11 training wheels for life as a new, debt-free auto manufacturer.

07/10/09 Posted by Brian Baxter

The Talent

Your Sonia Sotomayor Hearings Primer Right Here

Thanks to our colleagues at The National Law Journal, we've got everything you need to know about the upcoming hearings, including the list of individuals scheduled to testify, and a dozen themes that will likely frame the proceedings when they begin on Monday.

07/10/09 Posted by Brian Baxter

The Work

Another Guilty Plea in Am Law's Biggest Tax Shelter Case

Is the noose tightening around Paul Daugerdas, the former Jenkens & Gilchrist partner accused of running perhaps the biggest tax scam in Am Law 100 history?

07/10/09 Posted by Zach Lowe

Juror Threats Not Enough for Collins Mistrial in Refco Case

07/10/09 Posted by Zach Lowe