The Am Law Daily http://www.americanlawyer.com/top-stories The daily source for legal business news, analysis and intelligence from the editors and reporters at The American Lawyer. en-us Copyright 2014. ALM Media Properties, LLC. All rights reserved. http://www.alm.com/about/terms-use The Am Law Daily http://www.alm.law.com/img/tal_12/amlawdaily_rss_icon.gif http://www.americanlawyer.com/top-stories Akin Gump Partner Helps Holocaust Survivors Win Reparations Akin Gump partner Raphael Prober saw his six-year pro bono project come to a gratifying finish earlier this month when the French government agreed to pay $60 million in reparations to Holocaust victims deported on trains operated by France's national state-owned railway company, SNCF. http://www.americanlawyer.com/id=1202712863574?rss=rss_tal_amlawdaily Thu, 18 Dec 2014 18:38:39 EST 1202712863574 UFC Looks for Big Hitters to Batter Antitrust Suit Slapped with a $100 million antitrust suit this week by a group of ex-fighters backed by a formidable team of plaintiffs lawyers, the Ultimate Fighting Championship and its Las Vegas-based parent company Zuffa LLC have commenced a beauty contest involving several top firms flexing their legal muscle in an effort to secure the lucrative defense work. http://www.americanlawyer.com/id=1202712863131?rss=rss_tal_amlawdaily Thu, 18 Dec 2014 18:34:21 EST 1202712863131 UFC Looks for Big Hitters to Batter Antitrust Suit Slapped with a $100 million antitrust suit this week by a group of ex-fighters backed by a formidable team of plaintiffs lawyers, the Ultimate Fighting Championship and its Las Vegas-based parent company Zuffa LLC have commenced a beauty contest involving several top firms flexing their legal muscle in an effort to secure the lucrative defense work. http://www.americanlawyer.com/id=1202712888304?rss=rss_tal_amlawdaily Thu, 18 Dec 2014 18:34:21 EST 1202712888304 IP Partner Involved in Client Dispute Leaves K&L Gates Charles Holland, a former IP litigation partner with K&L Gates? Palo Alto office, has joined the Strategic Innovation IP Law Offices in Silicon Valley following a dispute with a client about a conflict. http://www.americanlawyer.com/id=1202712826892?rss=rss_tal_amlawdaily Thu, 18 Dec 2014 16:00:53 EST 1202712826892 Skadden, Gibson Dunn, Weil Advise on Visteon Stake Sale Auto parts giant Visteon announced Wednesday the $3.6 billion sale of a 70 percent stake in Halla Visteon Climate Control Corp., a South Korean maker of air conditioning and heating systems for vehicles, to Hankook Tire and Korean private equity firm Hahn & Co. Weil, Gotshal & Manges is advising Hahn, while Skadden, Arps, Slate, Meagher & Flom has taken the lead for Visteon, whose financial adviser has turned to Gibson, Dunn & Crutcher for counsel. http://www.americanlawyer.com/id=1202711108880?rss=rss_tal_amlawdaily Wed, 17 Dec 2014 18:13:05 EST 1202711108880 Raising Red Card, Kirkland Partner Quits FIFA Probe Kirkland & Ellis partner and former top federal prosecutor Michael Garcia stepped down from his role as head of the investigatory branch of FIFA's ethics committee after the organization declined to consider his protest. http://www.americanlawyer.com/id=1202709664799?rss=rss_tal_amlawdaily Wed, 17 Dec 2014 17:34:35 EST 1202709664799 Bingham Pro Bono Cases Find New Home in Morgan Lewis Morgan, Lewis & Bockius will assume nearly 500 pro bono cases from Bingham McCutchen as part of its absorption of the firm, bringing the combined total of pro bono cases from both firms to as many as 1,500. http://www.americanlawyer.com/id=1202681267130?rss=rss_tal_amlawdaily Tue, 16 Dec 2014 18:21:09 EST 1202681267130 Paul Weiss Media Pro Heads to Vice Media, Plus More Lateral Moves James Schwab, head of the media and entertainment practice at Paul, Weiss, Rifkind, Wharton & Garrison, is poised to become president at Vice Media; a former Bingham McCutchen partner heads to the federal bench; Vorys Sater adds nine litigators in Houston; and other notable hires from throughout The Am Law 200. http://www.americanlawyer.com/id=1202681265923?rss=rss_tal_amlawdaily Tue, 16 Dec 2014 18:11:58 EST 1202681265923 Am Law Firms Advise on Repsol's Canadian Energy Deal Spain's Repsol SA will acquire Talisman Energy Inc., one of the largest remaining independent oil and gas firms in Calgary, for $12.9 billion. Repsol called upon Sullivan & Cromwell and Canadian firm Bennett Jones for advice, while Talisman turned to Norton Rose Fulbright, Wachtell, Lipton, Rosen & Katz and Blake, Cassels & Graydon. http://www.americanlawyer.com/id=1202681237144?rss=rss_tal_amlawdaily Tue, 16 Dec 2014 16:39:42 EST 1202681237144 Lawyer Dies in Sydney Siege Katrina Dawson, an Australian barrister, was one of two killed Monday during the siege of the Lindt Chocolate Cafe in Sydney. http://www.americanlawyer.com/id=1202681236376?rss=rss_tal_amlawdaily Tue, 16 Dec 2014 16:16:56 EST 1202681236376 Boies Schiller Confronts Media on Sony Data Breach In response to an onslaught of reports about Sony?s hacked documents, Boies, Schiller & Flexner?s David Boies has sent a letter to news outlets demanding they stop using and destroy what he calls "stolen information." Whether the letter will have any effect remains to be seen. http://www.americanlawyer.com/id=1202679151476?rss=rss_tal_amlawdaily Mon, 15 Dec 2014 19:02:30 EST 1202679151476 'Mr. Municipal Bankruptcy' Contemplates Detroit Work, Future Orr, the now former emergency manager of Detroit, reflects on his time restructuring the Motor City and what he will do next. Meanwhile, Detroit officials have renegotiated legal and consulting fees, the largest of which will go to Orr's former firm Jones Day. http://www.americanlawyer.com/id=1202679149457?rss=rss_tal_amlawdaily Mon, 15 Dec 2014 18:42:01 EST 1202679149457 PetSmart, Riverbed LBOs a Boon to Half-Dozen Big Firms Wachtell, Simpson Thacher, Schulte Roth, Skadden and Paul Hastings grabbed roles on the largest leveraged buyout for a U.S. company in 2014 as PetSmart, the nation's largest pet-store chain, on Sunday acquiesced to the demands of an activist investor and agreed to sell itself for $8.7 billion to a group led by private equity firm BC Partners. One day later, another activist fund headed by a Harvard Law School graduate prevailed in its bid to force an LBO at Riverbed Technology. http://www.americanlawyer.com/id=1202679145202?rss=rss_tal_amlawdaily Mon, 15 Dec 2014 18:17:08 EST 1202679145202 Gibson Dunn Grabs Another Star London Lateral Gibson Dunn & Crutcher has continued to develop its London transactional practice with the addition of another senior partner, bringing in renowned leveraged finance expert Stephen Gillespie from Kirkland & Ellis. http://www.americanlawyer.com/id=1202679034645?rss=rss_tal_amlawdaily Mon, 15 Dec 2014 11:58:41 EST 1202679034645 Gibson Dunn, Kirkland Trade Blows; Plus More Lateral Moves Gibson, Dunn & Crutcher grabbed a senior debt finance partner from Kirkland & Ellis in London, as the latter snatches Winston & Strawn?s litigation chair in Chicago; Jones Day beefs up in Miami; Sidley Austin snags six from Loeb & Loeb; a half-dozen lawyers leave firms for in-house jobs and more notable hires from throughout The Am Law 200. http://www.americanlawyer.com/id=1202678980753?rss=rss_tal_amlawdaily Sun, 14 Dec 2014 10:59:48 EST 1202678980753 After Botched Suicide, Ex-Skadden Lawyer Charged in Ponzi Scheme Charles Bennett, a former corporate lawyer in New York who once worked at Skadden, Arps, Slate, Meagher & Flom, has been charged by federal prosecutors and regulators with running a $5 million Ponzi scheme. Bennett unsuccessfully tried to kill himself in early November, leading police to recover a suicide note detailing his alleged fraud, in which he invoked the name of former New York Gov. Eliot Spitzer. http://www.americanlawyer.com/id=1202678980630?rss=rss_tal_amlawdaily Sun, 14 Dec 2014 10:56:53 EST 1202678980630 Wintry Windfall: Cahill Rewards Associates With Bigger Bonuses The Am Law 100's year-end associate bonus bonanza continued Friday as Cahill Gordon & Reindel once again blew past its competitors by rewarding its junior lawyers with a whopping wintry windfall ranging from $15,000 to $115,000. http://www.americanlawyer.com/id=1202678943373?rss=rss_tal_amlawdaily Fri, 12 Dec 2014 17:25:13 EST 1202678943373 As Detroit's Emergency Manager Departs, a Website Shuts Down Former Jones Day restructuring partner Kevyn Orr resigned as Detroit's emergency manager this week after the Motor City exited from bankruptcy proceedings. As Orr mulls his future, a website in his name that rankled his former firm over the summer—KevynOrr.com—has disappeared. http://www.americanlawyer.com/id=1202678936175?rss=rss_tal_amlawdaily Fri, 12 Dec 2014 16:55:52 EST 1202678936175 Dealmaker of the Week: Olivia Tyrrell, Baker & McKenzie Olivia Tyrrell, a 38-year-old corporate partner with Baker & McKenzie in Chicago, led a deal team from the firm composed almost entirely of women in advising pharmaceutical giant Merck & Co. on its $9.5 billion buy of Cubist Pharmaceuticals. http://www.americanlawyer.com/id=1202678937077?rss=rss_tal_amlawdaily Fri, 12 Dec 2014 16:55:47 EST 1202678937077 The Bingham Case Study: Part II Bingham McCutchen is now a case study in how quickly apparent success can turn to unambiguous failure. http://www.americanlawyer.com/id=1202678750368?rss=rss_tal_amlawdaily Fri, 12 Dec 2014 16:13:48 EST 1202678750368 The Bingham Case Study: Part II Bingham McCutchen is now a case study in how quickly apparent success can turn to unambiguous failure. http://www.americanlawyer.com/id=1202678989287?rss=rss_tal_amlawdaily Fri, 12 Dec 2014 16:13:48 EST 1202678989287