Cleary Gottlieb Steen & Hamilton LLP


Cleary Gottlieb Steen & Hamilton LLP News

  • Nortel Fight for $7 Billion Slowed by Appeal, Lawyers Say

    A court fight over more than $7 billion raised for bondholders and other creditors of Nortel Networks Corp. will be delayed unless a judge finds that European units of the defunct telephone maker filed a “frivolous” appeal, company lawyers said yesterday.

  • Ropes & Gray, Sidley, Cleary, Gibson Dunn:Business of Law

    Ropes & Gray LLP added four new corporate partners. Bracewell & Giuliani LLP lawyers Jonathan Gill and Robb Tretter join the firm in New York as partners in the private-equity practice, focusing on distressed investing. Mark Wesseldine, previously of Fried Frank, Harris, Shriver & Jacobson LLP will be joining the firm as a finance partner in London. Victoria Lloyd, a capital markets and mergers and acquisitions lawyer also from Fried Frank, is joining Ropes & Gray in its Hong Kong office.

  • ABB Buys Power-One for $1 Billion to Add Solar Inverters

    ABB Ltd. agreed to acquire Power- One Inc. for about $1 billion, giving the world’s biggest electricity-networks builder inverters that allow solar power to be fed into grids.

  • Wachtell, WilmerHale, Cravath, Skadden: Business of Law

    Wachtell, Lipton, Rosen & Katz and Wilmer Cutler Pickering Hale & Dorr LLP acted as legal advisers to Thermo Fisher Scientific Inc., the second-biggest maker of life-sciences equipment by market value, which agreed to buy Life Technologies Corp. for $13.6 billion in cash in a deal that expands its reach in medical testing.

  • Madison Dearborn to Buy NFP for $1.3 Billion

    Madison Dearborn Partners LLC agreed to buy National Financial Partners Corp. in a deal valued at $1.3 billion including debt that can be converted into stocks.

  • Bingham, Sidley, Jones Day, Sullivan: Business of Law

    Eleven lawyers said yesterday they plan to leave Bingham McCutchen LLP for Sidley Austin LLP.

  • Wilson Sonsini, Sullivan, Willkie, Arent: Business of Law

    Former U.S. Trade Representative Ron Kirk joined Gibson Dunn & Crutcher LLP as senior of counsel.

  • Cleary Gottlieb, Loeb & Loeb, Cozen: Business of Law

    Robert W. Cook, former director of the division of trading and markets of the U.S. Securities and Exchange Commission, will return to Cleary Gottlieb Steen & Hamilton LLP as a partner. He will be based in the firm’s Washington office and will focus on securities, derivatives, and market regulation, the firm said.

  • Cyprus Determined to Keep Place in Euro Area, President Says

    Cypriot President Nicos Anastasiades vowed to keep his country in the euro as Cypriots adapted to a second day of restrictions on their use of the common currency to prevent a financial collapse.

  • Wachtell, White & Case, Ashurst: Business of Law

    Freeport-McMoRan Copper & Gold Inc., the world’s largest publicly traded copper producer, agreed to acquire Plains Exploration & Production Co. and McMoRan Exploration Co. for about $9 billion as the company returns to its roots in energy.

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