October 31, 2011 7:55 PM

Left Out of Jones Walker Merger, Ex-Watkins Ludlam Shareholders Sue Former Firm

Former Watkins Ludlam Winter & Stennis shareholders F. Hall Bailey and Vikki Taylor have sued the Jackson, Mississippi–based firm and its board, claiming they were cut out of a planned merger with New Orleans–based Jones Walker and offered "grossly inadequate consideration" for their Watkins Ludlam stock. 

10/31/11 Posted by Tom Huddleston Jr.

DLA, V&E Advise on TNK-BP's $1 Billion Brazilian Exploration Deal

Moscow-based TNK-BP will acquire a 45 percent stake in the Solimões Basin oil and gas exploration project to pursue fuel deposits in the Amazon basin.

10/31/11 Posted by Tom Huddleston Jr.

The Careerist: Women Getting Shafted on Reviews

Women are graded more harshly on performance reviews, says a recent study that looked at how one Wall Street firm evaluated its junior associates.

10/31/11 Posted by Vivia Chen

Brown Rudnick On Hand for Beacon Power Bankruptcy Filing

Almost two months after controversial solar panel manufacturer Solyndra sought Chapter 11 protection despite receiving a $535 million federal loan, another company that received taxpayer funds under a U.S. Energy Department program has filed for bankruptcy.

10/31/11 Posted by Brian Baxter

Ex–Staff Attorney Accuses Quinn Emanuel of Racial Bias

In a suit filed in federal district court in Manhattan, a former Quinn Emanuel Urquhart & Sullivan staff attorney claims the firm forced her out after she complained about racial discrimination on the job. 

10/31/11 Posted by Julie Triedman

Skadden, S&C, Weil, and Hughes Hubbard Land Key MF Global Roles

Skadden, Sullivan & Cromwell, and Weil are playing key advisory roles on Monday's Chapter 11 filing by commodities and financial derivatives broker MF Global Holdings, the eighth-largest bankruptcy in U.S. history. Eight firms, including S&C and Wachtell, appear on a list of MF Global's largest unsecured creditors, while SIPC has appointed a Hughes Hubbard & Reed partner as liquidating trustee for MF Global's brokerage.

10/31/11 Posted by Brian Baxter

October 28, 2011 7:39 PM

Dealmaker of the Week: Phillip Mills of Davis Polk & Wardwell

Mills led the Davis Polk team advising Cigna on a $3.8 billion acquisition of HealthSpring that will allow the medical insurer to expand its offerings to the elderly.

10/28/11 Posted by Tom Huddleston Jr.

Former Nixon Partner Sues Firm, Says He Was Made Scapegoat in SEC Probe

David Tamman, a partner in Nixon Peabody's Los Angeles office from 2007 until 2009, claims the firm abandoned him after he was implicated in a Securities and Exchange Commission investigation into an alleged securities fraud committed by a former client.

10/28/11 Posted by Sara Randazzo

From Sidley Lawyer to Cross-Country Traveler: Tyler Coulson's Awesome Adventure

The former Sidley Austin restructuring associate left the Am Law life behind earlier this year to begin a cross-country walk with his dog, Mabel. Nearly eight months later, his journey is nearly complete.

10/28/11 Posted by Brian Baxter

New Howrey Trustee Says Firm's Bankruptcy Will Get Litigious

Since being named the defunct law firm's Chapter 11 trustee earlier this month, Texas lawyer Allan Diamond says he has been working around the clock. Among his main tasks: sorting out how much money is still owed to the firm—and who he will have to sue if those parties refuse to pay up.

10/28/11 Posted by Sara Randazzo