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  • Cadwalader cuts jobs
    Cadwalader Wickersham & Taft has laid off 35 lawyers in its US offices due to uncertainty in market developments.
    January 16 2008
  • Skadden and Bingham in reverse merger
    Asset Alliance Corporation was involved in a $99 million reverse merger with Tailwind Financial. Tailwind, a Canadian special purpose acquisition company, plans to acquire all of Asset Alliance's outstanding common stock, while Asset Alliance will obtain Tailwind Financial's common stock.
    January 16 2008
  • Schoenherr opens in Budapest
    Austrian firm Schoenherr has opened a Budapest office in association with Szécsényi Ügyvédi Iroda. The alliance with the local firm means that Schoenherr has replaced Cerha Hempel Spiegelfeld Hlawati as the associated lawyers of Szécsényi Ügyvédi Iroda.
    January 10 2008
  • Legal threats could just be posturing
    As the blame game begins and the first litigation proceedings are launched by those worst hit by the credit crunch, lawyers are divided about whether such actions will reach trial
    January 10 2008
  • Paul Hastings on Mexican energy merger
    Gas Natural has completed the acquisition of Mitsubishi Corporation's combined cycle gas turbine (CCGT) power plant for $1.45 billion, marking Mexico's largest energy merger deal in 2007.
    January 09 2008
  • Blakes adds two from Bull Housser & Tupper
    Blakes Cassels and Graydon added partners George Burke and Sharon Dos Remedios from Bull Housser & Tupper to its corporate practice.
    January 09 2008
  • Cleary Gottlieb in Temasek/Merrill Lynch deal
    Cleary Gottlieb Steen & Hamilton acted for Temasek Holdings' $5 billion stake in Merrill Lynch. $4.4 billion was invested in Merrill Lynch, with an option of purchasing an additional $600 million of common stock.
    January 09 2008
  • SEC pondering mutual recognition
    Market rumblings persist over rumours that the SEC will finally establish mutual recognition. This would create a more direct path to US brokers trading on international exchanges and bring global regulation into greater harmony
    January 09 2008
  • Herbert Smith acts on oil loan
    Herbert Smith has advised Société Générale on a $550 million facility for Niko Resources.
    January 09 2008
  • Chiomenti recruits asset finance specialist
    Chiomenti has boosted its Rome office by hiring a shipping finance specialist.
    January 09 2008
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