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 Baker Botts, Latham Lead on Veresen's $1.4 Billion Stake Buy Canadian energy company Veresen Inc. has agreed to pay Global Infrastructure Partners $1.43 billion in cash for a 50 percent stake in Ruby Pipeline, a natural gas pipeline running from the Rockies to the West Coast. Tue, 23 Sep 2014 17:43:19 EDT 1202671117467 Four Am Law Firms Advise on Siemens' $7.6 Billion Energy Deal Latham & Watkins, Gibson Dunn, Wachtell and Baker Botts are advising on the all-cash deal that sees German multinational engineering conglomerate Siemens AG acquiring Dresser-Rand Group, a Houston-based maker of compressors, steam turbines, gas turbines and engines for the oil and gas industry. Tue, 23 Sep 2014 17:42:30 EDT 1202671113744 Skadden, Sidley Austin Catalyze Latest Health Care Merger German pharmaceutical giant Merck KGaA has agreed to buy Sigma-Aldrich Corp. for $17 billion in cash in Merck's largest takeover to date. Mon, 22 Sep 2014 18:03:33 EDT 1202670979900 Bingham, Morgan Lewis Strike Tentative Deal to Merge Rumored for weeks to be mulling a potential union, the two Am Law 100 firms saw their leaders reach an agreement on a merger deal Friday that could create a 2,100-lawyer firm with offices in 28 cities. The potential combination, which does net yet include a letter of intent, comes after months of lateral partner departures at Bingham. The firm has gone through a leadership change as it seeks to rebound from a tough year financially in 2013. Sun, 21 Sep 2014 14:07:00 EDT 1202670854372 Freshfields Adds Four But Loses One, Plus More Lateral Moves The Magic Circle firm's New York hiring spree continued, although one partner has left the London-based legal giant's office in Washington, D.C., for a top in-house job at Chevron. The Am Law Daily looks at those moves and more in our latest tally of notable hires from throughout The Am Law 200. Sat, 20 Sep 2014 16:37:07 EDT 1202670850165 Law Firm Lawsuit-Palooza: Latham, Baker & McKenzie Under Fire Our latest roundup of law firm lawsuits includes a malicious prosecution case against Latham & Watkins that was reinstated by a California appeals panel, as well as a suit against Yahoo Inc. and its lawyers at Baker & McKenzie, alleging that they conspired to get a big verdict against the tech giant overturned in Mexico. Fri, 19 Sep 2014 21:19:47 EDT 1202670835857 Freshfields Poaches Fried Frank Capital Markets Team Valerie Ford Jacob, the head of the capital markets group at Fried, Frank, Harris, Shriver & Jacobson, is leaving with partners Michael Levitt and Paul Tropp to join Magic Circle firm Freshfields Bruckhaus Deringer in New York. The moves are the latest high-profile lateral hires by Freshfields in the U.S. Fri, 19 Sep 2014 10:50:38 EDT 1202670707686 Judge Dismisses Contract Attorney's Suit Against Skadden A federal judge in Manhattan threw out a lawsuit filed by David Lola, a former contract lawyer for Skadden, Arps, Slate, Meagher & Flom, who accused the firm and its legal staffing agency, Tower Legal Staffing, of violating federal overtime pay laws. Lola's attorney vows to appeal the ruling. Thu, 18 Sep 2014 20:57:41 EDT 1202670644185 Jones Day Continues Deal Spree with SAP's Concur Buy German software giant SAP has turned to Jones Day and Paul, Weiss, Rifkind, Wharton & Garrison for its $8.3 billion acquisition of enterprise software company Concur Technologies. The deal is one of a handful of major software transactions announced so far this month and third major M&A mandate in a week for Jones Day. Thu, 18 Sep 2014 19:21:50 EDT 1202670629324 Akin, Skadden Help Russia's Richest Man Get More Social The two Am Law 100 firms are working on the $1.47 billion sale of a 48 percent stake in VKontakte, Russia?s answer to Facebook, by United Capital Partners to a company controlled by oligarch Alisher Usmanov. The deal, which raises questions about Russia's commitment to Internet freedom, also comes amid increased tensions between the country and the West and sanctions against some Russian businesses as a result of the ongoing crisis in Ukraine. Thu, 18 Sep 2014 19:17:25 EDT 1202670628243 Am Law Firms Land Roles on Big Real Estate Deals A flurry of real estate transactions totaling $6.9 billion has yielded work for several Am Law 100 firms, including Simpson Thacher & Bartlett, Wachtell, Lipton, Rosen & Katz, Willkie Farr & Gallagher and Goodwin Procter. Wed, 17 Sep 2014 21:49:29 EDT 1202670445073 Takeover Battle Highlights Skadden's Inversion Expertise Four Am Law 100 firms are facing off in a $2.2 billion takeover fight involving Endo International's bid to acquire Auxilium Pharmaceuticals, a deal that would stymie a $345 million tax inversion deal forged by the latter this summer with Canadian biotechnology firm QLT. Skadden, Arps, Slate, Meagher & Flom, which is currently advising Auxilium, has also done inversion work for Endo. Wed, 17 Sep 2014 19:09:31 EDT 1202670429595 Bingham Loses Bulk of London, Frankfurt Offices to Akin Akin Gump Strauss Hauer & Feld announced Wednesday morning that most of Bingham McCutchen's London and Frankfurt offices, along with a third of Bingham's Hong Kong office, will be joining the firm in one of the more high-profile mass lateral defections in recent memory. Wed, 17 Sep 2014 07:03:22 EDT 1202670307995 Dentons' New LatAm CEO Eyes Mergers, Plus More Lateral Moves Jorge Alers, a former head of the Latin American practice at two Am Law 100 firms and most recently general counsel for the Inter-American Development Bank, is on the lookout for potential combinations as the new CEO of Dentons' Latin American and Caribbean group. The Am Law Daily takes an in-house focused look at the latest round of notable hires from throughout The Am Law 200. Wed, 17 Sep 2014 02:53:08 EDT 1202670318364 Freshfields Bags M&A Bigwig From Shearman & Sterling The Magic Circle firm has hired Shearman's M&A partner Peter Lyons as it continues to boost its ranks in U.S. transactional work. Tue, 16 Sep 2014 19:04:16 EDT 1202670294187