Editor's Picks

John Tavares, Bruce Ratner, Charles Wang and Patrik Elias take the ceremonial faceoff before a preseason game at the Barclays Center on September 21, 2013 in Brooklyn, New York.

Katten, Kaye Scholer Skate to Islanders Sale

By Brian Baxter |

Kaye Scholer is counseling the National Hockey League's New York Islanders on its reported $548 million sale to an investor group advised by Katten Muchin Rosenman that will take full control of the franchise in two years. The deal comes a week after Andrew Barroway, a former high-flying Philadelphia plaintiffs lawyer turned hedge fund executive, retained Blank Rome to sue the Islanders' current ownership after it allegedly reneged on a handshake deal to sell him the team.

A worker holds an Infineon Wafer in a production facility.

Kirkland, Freshfields, Fried Frank Advise on Infineon Buy

By Wenxiong Zhang |

German chipmaker Infineon Technologies AG has agreed to buy Silicon Valley-based International Rectifier Corp. in a $3 billion all-cash deal that would strengthen Infineon's regional presence and expand its economic scale in the power management technology business.

A BHP Billiton iron ore mine.

Four Firms Digging Into BHP Billiton Breakup

By Brian Baxter |

Cleary Gottlieb, Herbert Smith Freehills, Slaughter and May and ENSafrica are advising on a proposed demerger by BHP Billiton of several noncore assets into a new global metals and mining company, effectively unwinding part of the 2001 megadeal that created the Anglo-Australian minerals and mining giant.

Lifetime Achievers, Distinguished Firm Leaders Named

By Valori Corral-Nava |

The honorees selected by The American Lawyer have had distinguished careers that include public service. Law firm leaders have exhibited extraordinary stewardship of their firm.

Standard Chartered Reaches $300M Settlement with NY Regulator

By Jamille Sutton |

British bank Standard Chartered Plc will pay $300 million to New York's financial regulator to settle accusations that it failed to notice high-risk transactions despite the fact that it agreed to reform its practices two years ago.

Administrative Action to Stop Inversions Will Take Time

By Jamille Sutton |

While the Treasury Department assembles a list of administrative actions that would discourage American companies from reincorporating abroad to save on taxes, the Obama administration would need several weeks to consider its options, a Treasury Department official told Reuters.

In Unusual Move, Disruption Corp. Becomes Investment Adviser

By Jamille Sutton |

Washington, D.C.-based Disruption Corporation, a venture fund that invests in startups, has become a registered investment adviser, according to the company's blog.

SEC Charges Former Bank Exec and Friend with Insider Trading

By Isobel Markham |

The agency asserts that Eastern Bank’s Patrick O’Neill tipped off a fellow country club member about the bank’s then-pending acquisition of Wainwright Bank & Trust.

Federal Reserve Bank of NY (center)

Fed Economists Fear Money Fund Restrictions Could Incite Runs

By Isobel Markham |

In July the SEC adopted new rules to curb runs on money market funds. But will they have the opposite effect?

Wedbush Securities Building in Los Angeles, California

FINRA Charges Wedbush with Market Access Violations

By Isobel Markham |

The agency contends that the brokerage firm failed to adequately supervise its customers, allowing manipulative trading to take place.

Andrea Neuman.

Inside Gibson Dunn's Winning Chevron Strategy

By Michael D. Goldhaber |

Through dogged detective work, the oil giant's lawyers pieced together the clues that pointed to fraud in an Ecuadorean court.

The Churn

The Churn: Squire Patton Boggs and Ashurst Adjust Alliances, Plus More Lateral Moves

By Brian Baxter |

Ashurst and Squire Patton Boggs, two growing global legal giants that have recently gone the merger route, both reshuffled overseas alliances this week as the latter saw 23 lawyers in the Middle East decamp en masse, while the former was busy raiding two Am Law 100 rivals. The Am Law Daily looks at those developments and other notable hires from throughout The Am Law 200.

Dollar General in Vermillion, Ohio

Dollar General Ups Ante for Family Dollar Stores

By MP McQueen |

In the latest development involving the potential sale of Family Dollar Stores, Dollar General and its attorneys at Simpson Thacher & Bartlett have offered nearly $9 billion for the bargain store chain, trumping an earlier $8.5 billion bid by Dollar Tree.

Shake Shack Reportedly Considering IPO

By Jamille Sutton |

The global fast food restaurant chain Shake Shack, which began just a little over 10 years ago as a small hot dog stand in New York City's Madison Square Park, may be looking to go public, people familiar with the matter told Reuters on Friday.

Ingersoll-Rand Acquires Cameron Unit for $850 Million

By Jamille Sutton |

Ingersoll-Rand, the global maker of heating and air conditioning systems, has agreed to purchase Cameron International Corporation's centrifugal compression division for $850 million, the company announced Monday.

Legal Hall of Fame: A List of Past Winners

By American Lawyer Staff |

Here are the lawyers we've recognized in past years for Lifetime Achievement and Law Firm Distinguished Leadership awards.

Alibaba's Film Company Draws SEC Scrutiny

By Jamille Sutton |

Alibaba Group Holding's initial public offering may be subject to additional scrutiny by the Securities and Exchange Commission after the company said it had discovered questionable accounting activity with its acquired film company, Bloomberg News reports.

Waupaca Foundry in Waupaca, Wisconsin

Bingham, Paul Weiss Help Unload World's Largest Iron Foundry

By Brian Baxter |

Japan's Hitachi Metals has agreed to pay $1.3 billion in cash to acquire Wisconsin's Waupaca Foundry, a key supplier to the automotive industry, from private equity firm KPS Capital Partners, a longtime client of Paul, Weiss, Rifkind, Wharton & Garrison. Bingham McCutchen, a firm that recently lost a founder of its Japanese practice, is advising Hitachi on the deal.

Sheikh Ahmed Yassin.

The Global Lawyer: Hamas on Trial

By Michael D. Goldhaber |

As Israeli-Palestinian violence swirls anew, a jury judges the terror crimes of old.

Lawsuit-Palooza: Firms Embroiled in Real Estate Disputes, Case Conflicts

By MP McQueen |

Boies Schiller, Wachtell, Greenberg Traurig and Duane Morris are in the news. Plus, a new study says real estate and conflicts-of-interest cases are hot spots for firms.

Looking down the nave toward the altar inside the Christ Church Cathedral in Indianapolis, Indiana.

Indiana Church Accuses JP Morgan of Mismanaging Trusts

By Isobel Markham |

Christ Church Cathedral, endowed by the family of Eli Lilly, says the bank chose unsuitable investments and engaged in self-dealing.

The Careerist: Washing Dishes Can Lead To Sizzling Sex

By Vivia Chen |

Couples who split the housework fairly are happier between the sheets, according to a new study.

SEC Charges Linkbrokers with Overcharging Customers

By Isobel Markham |

The agency accuses the broker of adding more than $18 million in hidden markups and markdowns to trades.

Texas Family Members Sentenced for Pay-to-Play Scheme

By Isobel Markham |

The former mayor of Progreso, Texas, was among those convicted of bribery in the awarding of federal grants.

Baker Botts represents 98-year-old trying to clear name

By Eric Burse |

Miriam Moskowitz, convicted of conspiracy during the McCarthy era, and her pro bono attorneys at Baker Botts say evidence shows that a key trial witness lied. They want her conviction thrown out.

Diversity Scorecard: LGBT Lawyers at Big Law Firms

These 22 firms have the most self-reported lesbian, gay, bisexual or transgender lawyers among the Am Law 200, according to our annual survey.

Feed Your Brain

By Steven J. Harper |

If you want to be a better, more productive lawyer, take a vacation—a real one.

Coca-Cola Quenches Thirst With $2.15 Billion Monster Buy

By Valori Corral-Nava |

Skadden, Cleary and Jones Day all advised on Coca-Cola's acquisition of a 16.7 percent stake in Monster Beverage Corporation in the hopes of boosting growth in the booming energy drink market.

U.S. Securities & Exchange Commission.

SEC Proposes 4th Extension of Trading Rule

By Isobel Markham |

The rule makes it easier for investment advisers who are also registered as brokers to sell from their firms’ proprietary accounts.

Rob Manfred, chosen to be the next MLB commissioner, speaks at the owners' meeting at the Hyatt Regency in Baltimore on Thursday, Aug. 14, 2014.

Ex-Morgan Lewis Partner Named New Baseball Commish

By Brian Baxter |

Robert Manfred Jr., a former Morgan, Lewis & Bockius labor and employment partner currently serving as COO of Major League Baseball, beat out two rivals to emerge victorious in the race to replace Bud Selig as commissioner. Manfred, 55, will be the third former Am Law 100 lawyer to lead a major North American professional sports league. He and Morgan Lewis both have long-standing ties to America's favorite pastime.