• May 8, 2007 |

    Skadden, Stikeman set for $33bn mining mega-deal

    New York deal-machine Skadden Arps Slate Meagher & Flom and Canadian leader Stikeman Elliott have bagged plum roles advising mining giant Alcoa on its $33bn (£16.5bn) hostile bid for rival Alcan. New York corporate partners David Fox, Margaret Wolff and Neil Stronski are spearheading the Skadden team acting for Alcoa, while Stikeman chairman Pierre Raymond is leading for the Canadian outfit alongside Montreal corporate partners Marc Barbeau and Erik Richer La Fleche.

    1 minute read

  • April 25, 2007 |

    Embattled Wolfowitz calls in Skadden

    Skadden Arps Slate Meagher & Flom litigation partner Robert Bennett has been called in by Paul Wolfowitz as the embattled World Bank chief fights to keep his job. Washington DC-based Bennett co-heads of the New York firm's international government enforcement litigation group. He has previously advised high-profile clients including former US president Bill Clinton after he was accused of sexual harassment.

    1 minute read

  • April 18, 2007 |

    US Top 50/New York: What Marty says...

    Corporate legend Wachtell Lipton has defined individualism and innovation in Manhattan's legal community for two decades. James Illman asks what the future holds as the architect of its rise nears retirement

    1 minute read

  • April 18, 2007 |

    US Top 50/New York: The bigger picture

    Legal Week's top 50 US results show plenty of firms excelling in 2006. But, finds Paul Hodkinson, there is nervousness behind the numbers

    1 minute read

  • April 18, 2007 |

    Extradition: Paying the price

    On 23 January, 2007, the Divisional Court confirmed in Norris v US that a UK national should be extradited for price-fixing and obstructing the course of justice pursuant to the controversial US/UK Treaty of Extradition 2003 and the Extradition Act 2003.

    1 minute read

  • April 17, 2007 |

    Cads nabs antitrust head from Fried Frank

    New York leader Cadwalader Wickersham & Taft has named a new head of its global antitrust practice after the hire of a senior partner from local rival Fried Frank Harris Shriver & Jacobson. Charles Rule, who headed up Fried Frank's competition practice, joins Cadwalader in Washington DC as the new chair of its antitrust group. Rule moves after six years with Fried Frank. Prior to joining the firm he was head of competition at Washington firm Covington & Burling.

    1 minute read

  • March 28, 2007 |

    US giants dominate M&A rankings as European market falls from 2006 high

    A raft of US firms have topped the global M&A tables for the first quarter of 2007. New York firms Sullivan & Cromwell and Davis Polk & Wardwell led the field of advisers by total value of transactions over the three-month period, while Latham & Watkins and Jones Day finished top of the volume rankings.

    1 minute read

  • March 26, 2007 |

    Manhattan elite dominate Q1 deal rankings

    Elite New York firms Sullivan & Cromwell and Davis Polk & Wardwell have stormed to the top of preliminary global M&A tables for the first quarter of 2007. Sullivan topped the table, acting on 33 deals worth a combined $162.9bn (£83bn), while Manhattan rival Davis Polk acted on 28 deals worth $149.4bn (£76.2bn), according to figures from Mergermarket.

    1 minute read

  • March 23, 2007 |

    NY leaders bag landmark Blackstone IPO

    New York leaders Simpson Thacher & Bartlett and Skadden Arps Slate Meagher & Flom have bagged the lead roles on Blackstone's high-profile $4bn (£2.03bn) initial public offering (IPO) - a float that values the group at $40bn (£20.3bn).It was announced yesterday (22 March) that Simpson Thacher is advising regular client Blackstone, with New York corporate partner Joshua Bonnie leading the team.

    1 minute read

  • March 22, 2007 |

    M&A boom sees Wall St elite set $3m PEP benchmark

    Average partner profits of $3m (£1.5m) have become the benchmark for top US firms, Legal Week can reveal, after a record year for M&A helped a handful of New York firms maintain their lead in the profession's global profits race. Manhattan M&A powerhouse Wachtell Lipton Rosen & Katz is top of the list with 2006 profits per equity partner (PEP) just below $4m (£2m), while Cravath Swaine & Moore's PEP rose 13% to hit $3m (£1.5m).Sullivan & Cromwell achieved a PEP figure of $2.8m (£1.4m), level with Cadwalader Wickersham & Taft. Skadden Arps Slate Meagher & Flom, America's largest law firm, broke the $2m (£1m) PEP barrier after a 16% rise.

    1 minute read