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September 2010

September 30, 2010 11:55 PM

Dealmaker of the Week: Eileen Nugent of Skadden, Arps, Slate, Meagher & Flom

The M&A partner and cohead of the firm's private equity practice helped Endo Pharmaceuticals snap up Qualitest Pharmaceuticals, the nation's sixth-largest generics maker, for $1.2 billion. But it was hardly the only deal she's had on her plate over the past couple of months.

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09/30/10 Posted by Julie Triedman

2010 Minority Experience Study:
Lost in the Shuffle

The year's Minority Experience Study offers more evidence that the recession is hitting some lawyers harder than others. Plus: The release this week of the latest Law Firm Diversity Database from the Minority Corporate Counsel Association and Vault further bolsters the idea that diversity efforts are stalling.

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09/30/10 Posted by Account Deleted

The Careerist: Keeping Women on The Street

Law firms are paradigms of progressiveness compared to Wall Street. At most big law firms, women at least have each other for company. Not so in the high-glossed halls of high finance, where women are getting scarce.

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09/30/10 Posted by Vivia Chen

Davis Polk, S&C, Simpson Thacher Reprise Bailout Roles on the AIG Escape Plan

The three firms that cobbled together the provisions of AIG's first bailout came together again to craft a plan for the insurer and the government to finally part ways.

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09/30/10 Posted by Zach Lowe

Arnold & Porter, Simpson Thacher Score Roles on AOL Acquisition Spree

The two firms advised the digital media giant on its acquisitions of TechCrunch, Thing Labs, and 5min Media this week.

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09/30/10 Posted by Brian Baxter

Appellate Panel Blocks SEC Bid for Wiretap Evidence in Galleon Insider-Trading Case

In the SEC's civil case against Galleon, the Second Circuit vacated an order forcing the Galleon defendants to hand over roughly 18,000 wiretapped conversations from the goverment's parallel criminal prosecution.

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09/30/10 Posted by Tom Huddleston Jr.

LETTER FROM LONDON: U.K. Law Firm Investment Countdown Enters Final Year

Just 12 months remain until the final stage of the U.K.'s Legal Services Act--which permits law firms to accept outside equity investment for the first time--comes into force. Firms are preparing themselves for a change that many experts believe will fundamentally reshape the profession.

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09/30/10 Posted by Chris Johnson

Lifted by Low Rates and Corporate Cash, M&A on Pace to Surpass 2009

Bloomberg reports that deals surged over the past three months, traditionally the slowest time of the year for M&A.

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09/30/10 Posted by Julie Triedman

Estrada v. Posner: Soak In the Goodness

It's been a tough couple of months for federal prosecutors. Did yesterday's hearing in the Conrad Black case give them a small victory? 

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09/30/10 Posted by Zach Lowe

Spotlight Falls on Bingham Lawyer Again as McCourt Divorce Trial Ends

In closing arguments, one of Jamie McCourt's lawyers called Larry Silverstein "the elephant in the room" in the all-star divorce case that will decide who owns the L.A. Dodgers. But really, the Bingham partner was front and center for the entire trial. 

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09/30/10 Posted by David Bario

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