Alston & Bird LLP

Alston & Bird LLP News

  • Latham, Bryan, Alston & Bird, O’Melveny: Business of Law

    Latham & Watkins LLP is opening a new office in Dusseldorf and hiring four partners from Shearman & Sterling LLP, which announced the closing of two German offices last month.

  • Shearman, Cravath, Bracewell, King: Business of Law

    Four firms advised on the acquisition by John Malone’s Liberty Global Inc. of U.K. cable-television provider Virgin Media Inc. for $16 billion in cash and stock to challenge Rupert Murdoch in Europe’s biggest pay-TV market.

  • Swaps ‘Armageddon’ Lingers as New Rules Concentrate Risk

    On a good day, 27-year-old Bobby Timberlake at CME Group Inc. in Chicago rounds up $2.5 billion from the world’s biggest traders and banks such as JPMorgan Chase & Co. to cover their losses in the $639 trillion derivatives markets.

  • Ebix Accounting Practices Said to Be Probed by SEC

    Ebix Inc., the insurance software company that said it was targeted by short sellers last year, is being investigated by the U.S. Securities and Exchange Commission for its accounting practices, four people with direct knowledge of the probe said.

  • Greenberg, Clifford Chance, Venable: Business of Law

    Greenberg Traurig LLP announced leadership changes, including the promotion of Hilarie Bass to co-president from global operating shareholder. Bass, a Miami partner, is the first female president of the firm and holds the highest position a woman has held there.

  • Allen & Overy, Ropes & Gray, Morgan Lewis: Business of Law

    Allen & Overy LLP hired Tran Anh Duc to head the firm’s Hanoi branch. Duc will co-head the banking and corporate practices alongside Adam Moncrieff, who recently relocated from the Tokyo office. Duc, who has been in practice for 18 years, was previously the managing partner at Vilaf, a local Vietnam law firm.

  • Tobacco Firms Save $1 Billion With Kitty Litter in Cigars

    A dozen tobacco companies have gained from a legal loophole that helped them avoid as much as $1.1 billion in U.S. taxes.

  • Romney’s Testimony, Simpson, Reed Smith: Business of Law

    Republican presidential candidate Mitt Romney, as a board member of Staples Inc., voted to set a low price on the stock and create a new class of shares as a “favor” to its co-founder who was involved in a divorce.

  • Weil, White & Case, Mintz Levin, Sidley: Business of Law

    Apple Inc., advised by Weil Gotshal & Manges LLP, agreed to buy AuthenTec Inc. for about $350 million, deploying some of its $117.2 billion cash hoard to gain fingerprint-authentication and encryption security technology for the iPad and iPhone. Alston & Bird LLP represented AuthenTec.

  • U.S. Senate Rejects Treaty on the Rights of the Disabled

    The U.S. Senate rejected ratification of a treaty intended to grant equal access for the disabled to employment, health care, education, physical accommodations and legal protection under international law.

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