The World

January 27, 2012 6:45 PM

The Global Lawyer: Where the Second Circuit Leaves Chevron

The Second Circuit's sweeping rejection of Chevron's attempt to use a New York federal court to halt worldwide enforcement of an $18 billion Ecuadorian judgment places the international arbitrators center stage--and raises questions about the limits of arbitral power.

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01/27/12 Posted by Michael D. Goldhaber

The Talent

The Careerist: Female Bosses Are No Longer Dreaded, Says Survey

A news roundup: Women bosses gain acceptance in new poll; Fortune names four law firms to its 100 best companies to work for list; and the ABA tells law schools what they must disclose about graduates' employment.

01/27/12 Posted by Vivia Chen

The Churn

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

Quinn Emanuel broadens its D.C. office to include white-collar expertise, Dinsmore & Shohl opens its second Pennsylvania office in a Philadelphia suburb, and Ballard Spahr adds five lawyers in Atlanta. The Churn is constant. Please send all announcements to thechurn@alm.com.

01/27/12 Posted by Sara Randazzo

The Work

Jones Day, Kirkland Advise on Eastman Chemical's $4.7 Billion Solutia Buy

Eastman Chemical is set to acquire specialty chemicals manufacturer Solutia Inc. for $4.7 billion, including debt, that will allow the former Eastman Kodak subsidiary to expand its Asian Pacific operations.

01/27/12 Posted by Tom Huddleston Jr.

The Score

The Am Law 100, The Early Numbers: Revenue, Profits Surge at Quinn Emanuel

The litigators at Quinn Emanuel Urquhart & Sullivan saw the firm's gross revenue rise more than 30 percent last year, to just over $732 million. Profits per equity partner, meanwhile, jumped nearly 15 percent, to $4.16 million, according to an announcement issued by the firm Friday.

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01/27/12 Posted by Irene Plagianos

The Firms

Edwards Wildman Hits Back at Allegations Over Managing Partner's Affair

Edwards Wildman Palmer has responded to a salacious suit filed earlier this month in which two former partners accuse the Am Law 100 firm's soon-to-be-former managing partner Walter Reed of putting his amorous pursuits ahead of the firm's interests in negotiating a merger last year.

01/27/12 Posted by Brian Baxter

The Firms

Bankrupt Howrey May be Off Hispanic Farmers' Suits, But Ex-Firm Lawyer Vows to Soldier On

With the defunct firm exiting litigation that accuses the federal government of discriminatory lending, some of the affected plaintiffs are asking the judge overseeing Howrey's bankruptcy to ensure they aren't simply abandoned. What they apparently don't know is that their legal team is in fact still on the case.

01/27/12 Posted by Sara Randazzo

The Talent

The Ultimate Lateral Hire

Among 2011's noteworthy lateral big law hires, one—and his new firm—stand out as symbols of the profession's transformation.

01/27/12 Posted by Steven Harper

The Work

January 26, 2012 7:17 PM

The Bankruptcy Files: Europe, Energy, and Beyond Oblivion

As negotiations aimed at addressing the Greek debt crisis begin anew, many turnaround professionals are eyeing Europe for the next wave of corporate restructurings. Closer to home, Skadden, Reed Smith, Paul Weiss, Duane Morris, and Cooley have landed roles on the latest round of notable bankruptcies.

01/26/12 Posted by Brian Baxter

The Work

U.K. Firms Take Roles in Costa Concordia Disaster

Herbert Smith and Norton Rose are among the firms landing roles advising cruise ship operator Carnival, while Irwin Mitchell is representing a group of Costa Concordia survivors. Two Manhattan-based plaintiffs firms, meanwhile, say they plan to file suit in Miami on behalf of victims. 

01/26/12 Posted by Tom Huddleston Jr.