• April 29, 2009 |

    Skadden and Norton Rose secure $3bn energy sale in Kazakhstan

    Skadden Arps Slate Meagher & Flom has landed a role advising on two acquisitions in Kazakhstan thought to be worth about $3bn (£2.06bn) in total. The New York leader advised Kazakhstan's largest privately-owned oil company, JSC MangistauMunaiGaz (MMG) and its holding company Central Asia Petroleum (CAP) on the sale of a 100% stake in MMG to Mangistau Investments - a joint venture between China National Petroleum Corporation (CNPC) and KazMunaiGas (KMG).

    1 minute read

  • April 22, 2009 | International Edition

    In Russia with love

    For the unseasoned visitor, Moscow's insalubrious reputation as a haven for oil-rich but morally-questionable businessmen, gun-touting drug barons and Stalinist ideologies is probably quite intimidating.Throw in five airports, nine main train stations, nightmarish traffic and winters cold enough to freeze your caviar and it is understandable why visiting lawyers could be a little thrown by the prospect of a business trip to the Russian capital.

    1 minute read

  • April 22, 2009 |

    In Russia with love

    For the unseasoned visitor, Moscow's insalubrious reputation as a haven for oil-rich but morally-questionable businessmen, gun-touting drug barons and Stalinist ideologies is probably quite intimidating.Throw in five airports, nine main train stations, nightmarish traffic and winters cold enough to freeze your caviar and it is understandable why visiting lawyers could be a little thrown by the prospect of a business trip to the Russian capital.

    1 minute read

  • April 21, 2009 |

    Skadden, Simpson head up $2.5bn UBS Brazil sale

    Skadden Arps Slate Meagher & Flom and Simpson Thacher & Bartlett have taken lead roles on the $2.5bn (£1.7bn) sell-off of UBS's Brazilian financial services business to BTG Investments. M&A partner Alan Myers led the Skadden team advising BTG, alongside partners Paul Schnell and Sally Thurston. The elite US firm is connected to BTG by Jon Bisgaier, a former Skadden partner who left the firm last year to join BTG in Brazil, which is led by several high-level executives formerly of UBS's Brazilian unit, Banco Pactual.

    1 minute read

  • April 19, 2009 |

    Skadden lawyer survives plane crash, but loses job

    The good reporters at msnbc.com may have found the craziest legal layoff story yet: the tale of Frank Scudere, a former staff attorney at Skadden Arps…

    1 minute read

  • April 17, 2009 |

    Skadden offers one-year sabbatical on 33% salary

    Skadden Arps Slate Meagher & Flom is asking its City lawyers to take a one-year sabbatical on a reduced salary. The US firm is offering its London associates a 12-month sabbatical on one-third of their usual pay, with those taking up the scheme guaranteed a job once the year is over. Skadden's rates in London see a newly-qualified lawyer receiving £75,000 before bonuses, with a lawyer with one year's experience on £84,000.The move is an expansion of the firm's 'sidebar' programme, which was announced in the US earlier this year, with the initiative now rolled out across Europe.

    1 minute read

  • April 15, 2009 |

    Dealmaker of the Week: A&O's Kevin O'Shea

    On Tuesday 31 March, in a conference room in the midtown Manhattan offices of Skadden Arps Slate Meagher & Flom, the bidding for the IM Pei-designed…

    1 minute read

  • April 15, 2009 |

    ING and CMC set to review legal panels

    ING and CMC Markets are gearing up to review their rosters of external legal advisers. Dutch financial group ING has already launched a review of its global legal panel, with the process being run by general counsel Jan Willem Vink, who last overhauled the bank's panel in 2003. Allen & Overy (A&O), Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters, Lovells, Sullivan & Cromwell and De Brauw Blackstone Westbroek all sit on the group's current global panel.

    1 minute read

  • April 13, 2009 |

    Report: Bankruptcy-related M&A at highest levels since 2004

    Citing data compiled by Thomson Reuters, The Financial Times has reported that bankruptcy-related M&A deals have hit their highest level globally since…

    1 minute read

  • April 9, 2009 |

    US firms outpace UK rivals to lead Q1 M&A rankings

    Wall Street has trumped UK rivals to top the global M&A rankings by value for the first quarter of 2009. Rankings compiled by Mergermarket show Skadden Arps Slate Meagher & Flom heading the global value table - working on 28 deals worth $169bn (£113bn). Wachtell Lipton Rosen & Katz, Sullivan & Cromwell and Davis Polk & Wardwell take the next slots by value, with Freshfields Bruckhaus Deringer the highest-placed UK firm in the table at number five.

    1 minute read