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Four Firms Contort to Lululemon Stake Sale
Choate Hall, DLA Piper, Weil and Vancouver's McCullough O'Connor Irwin are advising on an $845 million deal that sees Dennis "Chip" Wilson, the billionaire founder of Lululemon Athletica, sell half of his 27.7 percent stake in the yoga apparel retailer to private equity firm Advent International. The move averts a potential proxy fight at Lululemon and comes nine months after Wilson made controversial comments about the body size of the company's predominantly female customers.
The Churn: Greenberg Adds Two Practice Leaders, Plus More Lateral Moves
Greenberg Traurig raids Patton Boggs and Dentons for new practice chairs in Washington, D.C., and London in our latest roundup of lateral moves throughout The Am Law 200.
Global Quartet Dig Into $5.85 Billion Copper Mining Deal
Dentons, White & Case, Linklaters and Clifford Chance are advising on the sale of Peru's Las Bambas mining project.
Survey: Blakes Ranks as Canada's Top Legal Brand
Blake, Cassels & Graydon leapfrogged over Norton Rose Fulbright to land atop market research firm Acritas' latest Canadian Law Firm Brand Index, which is based on a survey of 268 in-house lawyers who regularly rely on Canadian firms as outside counsel.
Baker & McKenzie, Dentons Add 35 Heenan Blaikie Refugees
The collapse of Heenan Blaikie has more lawyers from the storied national Canadian firm finding new homes. On Wednesday, Baker & McKenzie confirmed its hire of a 13-lawyer corporate, tax and banking and finance team in Toronto, while Am Law 100 and Swiss verein rival Dentons was in negotiations to take on an additional 22 lawyers from Heenan Blaikie, which saw talks break down earlier this week with DLA Piper.DLA Eyes Canada After Heenan Blaikie Goes Bust
Buffeted by a wave of partner departures, Heenan Blaikie—one of Canada's most prominent law firms—announced Wednesday that it plans to cease operations on the way to becoming the first truly national Canadian firm to dissolve. Its collapse has Global 100 giants like Dentons and DLA Piper moving to extend their reach into the country.
Insurance Industry Deals a Boon to Big Firms
A dozen Am Law 100 firms have grabbed roles on a series of transactions announced since the start of 2014 involving the insurance industry, where consolidation in the sector this year could could produce a bevy of business for transactional lawyers.
Amid Deal Doldrums, Energy M&A Still Flows to Some Firms
Though the volume of energy-related M&A transactions has dipped to a nine-year low, Herbert Smith Freehills, Norton Rose Fulbright, Vinson & Elkins and White & Case are closing out 2013 by grabbing leading roles on a spate of big deals tied to the industry.TRENDING STORIES
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