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January 08, 2015 | Law.com

Litigator of the Week: Kevin Abrams of Abrams & Bayliss

Siding with Abrams, a Delaware judge refused to foist new rules on hedge funds using a strategy called appraisal arbitrage to squeeze profits out of allegedly undervalued M&A deals.
4 minute read
January 08, 2015 |

A Glimpse Into Wachtell's Mysterious Billing Structure

Wachtell, Lipton, Rosen & Katz's fee arrangements with clients have long been cloaked in mystery. Now we know more. The American Lawyer has obtained what appears to be a standard fee agreement that Wachtell sent a client in 2012. It shows that the firm typically charges fees for M&A deals that range from 1 percent to 0.1 percent of the transaction amount.
5 minute read
January 08, 2015 | Law.com

A Glimpse Into Wachtell's Mysterious Billing Structure

Wachtell, Lipton, Rosen & Katz's fee arrangements with clients have long been cloaked in mystery. Now we know more. The American Lawyer has obtained what appears to be a standard fee agreement that Wachtell sent a client in 2012. It shows that the firm typically charges fees for M&A deals that range from 1 percent to 0.1 percent of the transaction amount.
5 minute read
January 06, 2015 |

Trial Nears in Reinsurance Fight Over Nine-Figure Asbestos Settlements

Four insurance companies are tussling over the scope of a trial before Manhattan Commercial Division Justice Eileen Bransten on how much money three reinsurers allegedly owe for their share of nearly $1 billion in asbestos settlements.
4 minute read
January 06, 2015 |

Love Him or Not, Ackman Now Runs Top Hedge Fund

William Ackman is on top of the hedge-fund world. Thanks in part to his move on Allergan, the maker of Botox, Pershing Square International posted a return of 32.8 percent for the first 10 months of 2014, making it the No. 1 fund in Bloomberg Markets' annual ranking of the best-performing large hedge funds.
4 minute read
January 06, 2015 | Law.com

Trial Nears in Reinsurance Fight Over Nine-Figure Asbestos Settlements

Four insurance companies are tussling over the scope of a trial before Manhattan Commercial Division Justice Eileen Bransten on how much money three reinsurers allegedly owe for their share of nearly $1 billion in asbestos settlements.
4 minute read
January 06, 2015 | Law.com

Love Him or Not, Ackman Now Runs Top Hedge Fund

William Ackman is on top of the hedge-fund world. Thanks in part to his move on Allergan, the maker of Botox, Pershing Square International posted a return of 32.8 percent for the first 10 months of 2014, making it the No. 1 fund in Bloomberg Markets' annual ranking of the best-performing large hedge funds.
4 minute read
January 05, 2015 |

JPMorgan Inks Deal to Exit Forex Antitrust Case

JPMorgan Chase & Co. and its lawyers at Skadden, Arps, Slate, Meagher & Flom have laid down their arms in antitrust litigation accusing a dozen banks of manipulating foreign exchange rates.
3 minute read
January 05, 2015 | Law.com

JPMorgan Inks Deal to Exit Forex Antitrust Case

JPMorgan Chase & Co. and its lawyers at Skadden, Arps, Slate, Meagher & Flom have laid down their arms in antitrust litigation accusing a dozen banks of manipulating foreign exchange rates.
3 minute read
January 05, 2015 |

Big Deals

Allergan / Actavis; Halliburton / Baker Hughes; Publicis / Sapient; LabCorp / Covance; BB&T / Susquehanna; Cott / DSS Group; Chiquita / Cutrale
11 minute read

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