Spilman Thomas & Battle PLLC – The shale boom has given rise to another, less welcome boom: the bankruptcy boom. Thirty-five exploration and production (“E&P”) companies sought bankruptcy protection between July 1, 2014, and December 31, 2015, and this appears to be only the tip of the iceberg. According to Deloitte, 35 percent of the
The Shale Boom Has Given Rise to A Bankruptcy Boom Read More »
Has Big Law’s big dog firm Cravath Swaine & Moore set off a burst of wage hikes in the wake of its 12.5 per cent increase – the first in almost 10 years? Maybe. Since the GFC law firm economics have changed as clients resisted fee levels and the justification for higher fees became more difficult.
Cravath Sets A Lawyer Pay Hike Benchmark – Will Others Follow? Read More »
Statue of Hindu God Ganesha Was Stolen From a Temple in Tamil Nadu in 2006 LawFuel.com – Preet Bharara, the United States Attorney for the Southern District of New York, announced today the return of a stolen 11th or 12th Century bronze statue of Ganesha to the Republic of India, pursuant to an
Stolen Thousand-Year-Old Bronze Statue Returned to India Read More »
The US law firm scene has seen three major announcements of Big Law ‘splintering’ with the creation of litigation boutiques. And so the question is raised whether 2016 will be the year of the litigation boutique. As Bloomberg reported the first splinter involved 11 lawyers decamped from Arent Fox in California who went off to form
Is 2016 The Year of the Litigation Boutique? Maybe . . Read More »
The rapid expansion of the Asian market, together with its deregulation and lowering of trade barriers, has helped businesses expand rapidly in the region, with one exception: law firms. The legal profession has not enjoyed the same level of deregulation when handling cross-border work as the lawyers’ clients have enjoyed but they have used what
The Stealth Tactics Used By Law Firms To Enter The Massive, But Protected Asian Market Read More »
Leading international law firm Clifford Chance has advised Baofeng, a Chinese internet entertainment and technology company and Everbright, a major Chinese financial services company in their successful bid through the Shanghai Jinxin investment fund to acquire a majority stake in MP & Silva Holding SA. MP& Silva is a leading international sports media rights group
Davis Polk received 11 nominations for Asian Legal Business’ 2016 Japan Law Awards. The awards recognize the excellence and outstanding achievements of Japan’s leading law firms and in-house legal teams as well as the top deals and dealmakers of the past year. In addition to multiple nominations for firm awards, several deals on which Davis
Davis Polk Nominated for 11 ALB Japan Law Awards Read More »
Leading global law firm, Baker & McKenzie, has advised longstanding client, Unilever, on the sale of Unilever’s AdeS soy beverage business in Latin America to Coca Cola FEMSA and The Coca Cola Company for an aggregate amount of US$ 575 million. The transaction was announced on 1 June and marks a further step in refining
They’re the Fearsome Thirteen: Britain’s top 13 women litigators, ranging from divorce divas to white collar crime fighters and defenders. These are women who have fought their way through a male dominated profession to show they can not only foot it with the best – but they ARE the best. Check the list of the
The Fearsome 13: Britain’s Top 13 Women Litigators Read More »
Patterson Belknap Webb & Tyler LLP The U.S. International Trade Commission (“ITC”) last week launched an investigation into United States Steel Corporation’s (“U.S. Steel”) complaint that Chinese hackers stole trade secret information—including proprietary methods for making lightweight steel—on behalf of Chinese steel producers. In its complaint filed with the ITC last month, U.S. Steel alleged
Did Chinese Hackers Steel Trade Secrets From US Steel? Read More »
