The Am Law Daily 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. The Am Law Daily Katten, Kaye Scholer Skate to Islanders Sale 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. Wed, 20 Aug 2014 18:43:39 EDT 1202667528959 Kirkland, Freshfields, Fried Frank Advise on Infineon Buy 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. Wed, 20 Aug 2014 18:33:03 EDT 1202667526263 Four Firms Digging Into BHP Billiton Breakup 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. Wed, 20 Aug 2014 18:27:33 EDT 1202667527237 The Churn: Squire Patton Boggs and Ashurst Adjust Alliances, Plus More Lateral Moves 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. Tue, 19 Aug 2014 18:57:06 EDT 1202667379480 Dollar General Ups Ante for Family Dollar Stores 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. Tue, 19 Aug 2014 18:56:34 EDT 1202667375920 Bingham, Paul Weiss Help Unload World's Largest Iron Foundry 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. Tue, 19 Aug 2014 14:18:18 EDT 1202667305115 Lawsuit-Palooza: Firms Embroiled in Real Estate Disputes, Case Conflicts 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. Mon, 18 Aug 2014 19:12:21 EDT 1202667220493 The Careerist: Washing Dishes Can Lead To Sizzling Sex Couples who split the housework fairly are happier between the sheets, according to a new study. Mon, 18 Aug 2014 18:24:15 EDT 1202667216883 Baker Botts represents 98-year-old trying to clear name 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. Mon, 18 Aug 2014 17:13:07 EDT 1202667203174 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. Mon, 18 Aug 2014 14:30:31 EDT 1202667165322 Feed Your Brain If you want to be a better, more productive lawyer, take a vacation—a real one. Fri, 15 Aug 2014 23:18:41 EDT 1202666922476 Coca-Cola Quenches Thirst With $2.15 Billion Monster Buy 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. Fri, 15 Aug 2014 19:35:34 EDT 1202667072551 Ex-Morgan Lewis Partner Named New Baseball Commish 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. Fri, 15 Aug 2014 19:13:44 EDT 1202667070034 The Churn: Bingham Tax Duo Departs, Plus More Lateral Moves Two more Bingham McCutchen partners depart in Washington, D.C., Jones Day loses two in the Midwest, Simpson Thacher & Bartlett hires in New York and other notable moves from throughout The Am Law 200. Fri, 15 Aug 2014 18:56:35 EDT 1202667067322 Dealmaker of the Week: Weil's Michael Aiello Aiello led the way for Weil Gotshal & Manges? legal team advising Kinder Morgan Inc. on its $44 billion deal to consolidate Kinder Morgan Energy Partners, El Paso Pipeline Partners and Kinder Morgan Management into the third-largest energy company in the U.S. Fri, 15 Aug 2014 18:43:23 EDT 1202667062855 Kirkland Leads on Blackstone's $1.2 billion Shale Buy The Blackstone Group will buy Royal Dutch Shell's 50 percent stake in a joint venture in Haynesville Shale. The acquisition marks yet another private equity deal led by corporate partner Andrew Calder, a former partner of Simpson Thacher & Bartlett, which has gone head-to-head with Kirkland & Ellis in that space. Thu, 14 Aug 2014 22:59:00 EDT 1202666921772 At Kirkland, Another Hire Amid Steady Stream of Departures Kirkland & Ellis has hired again in Houston, adding former Baker Botts associate David Castro Jr. as a partner. But while the firm continues to make headlines on the transactional and lateral fronts, it's also dealing with the loss of more than 50 partners since the start of this year, many of whom have left its IP group. Thu, 14 Aug 2014 19:43:30 EDT 1202666907615 A River Runs Through It, Thanks in Part to Squire Partner This past spring, the Colorado River flowed its natural course to the Sea of Cortez for the first time in 16 years, thanks in part to Squire Patton Boggs and Arizona-based partner Peter Culp, who worked pro bono to help hammer out a landmark binational agreement between the U.S. and Mexico on the management of the Colorado River and its tributaries. Thu, 14 Aug 2014 17:29:15 EDT 1202666885611