Davis Polk

Davis Polk News

  • Sheppard Mullin Gets 10 McKenna Partners: Business of Law

    Sheppard, Mullin, Richter & Hampton LLP hired 10 partners from McKenna, Long & Aldridge LLP’s real estate group and insurance and business trial practice, mostly in San Diego.

  • India’s Sun Pharma to Buy Ranbaxy in $3.2 Billion Deal

    Sun Pharmaceutical Industries Ltd., India’s largest drugmaker by market value, agreed to buy competitor Ranbaxy Laboratories Ltd. for $3.2 billion from Japan’s Daiichi Sankyo Co., which paid 61 percent more for the company five years ago.

  • Dentons Weighs Patton Boggs Combination: Business of Law

    Dentons, a 2,600-lawyer international firm formed a year ago through the combination of Salans LLP, Fraser Milner Casgrain LLP and SNR Denton, is interested in expanding further through a combination with Patton Boggs LLP.

  • Lawrence Walsh, Iran-Contra Scandal Prosecutor, Dies at 102

    Lawrence Walsh, the former prosecutor who spent seven years investigating officials in President Ronald Reagan’s administration for their roles in the Iran-Contra scandal, has died. He was 102.

  • James River Coal Misses Debt Payment

    James River Coal Co., an unprofitable U.S. producer of the fuel, missed an interest payment as it continues to evaluate options including a possible sale of the company.

  • Davis Polk, Willkie Advise Comcast: Business of Law

    Davis Polk & Wardwell LLP and Willkie Farr & Gallagher LLP advised Comcast Corp. on its agreement to acquire Time Warner Cable Inc. for $45.2 billion, combining the two largest U.S. cable companies in an all-stock transaction.

  • Top Bank Lawyer’s E-Mails Show Washington’s Inside Game

    It had been two days since U.S. lawmakers negotiated all night to finish rules that would reshape the business of Wall Street. The 20-hour session left legislators, aides, lobbyists and regulators exhausted. Almost no one had a grip on all the details.

  • Skadden, Davis Polk Advise on Intrawest: Business of Law

    Skadden, Arps, Slate, Meagher & Flom LLP advised Intrawest Resorts Holdings Inc., a North American mountain resort and adventure company, in its initial public offering. The company raised about $188 million selling the 15.6 million shares for $12 each, after offering them for $15 to $17 apiece. The shares are listed on the New York Stock Exchange under the symbol SNOW.

  • Firm Entry-Level Hiring Little Changed: Business of Law

    Entry-level hiring at U.S. law firms was little changed in 2013, according to the annual survey of the National Association for Law Placement.

  • Obamacare Rewrites of Health Law Rile Republicans

    President Barack Obama’s repeated postponement of deadlines in the rollout of his health-care overhaul has sparked accusations from Republicans that he’s straying into dangerous territory by rewriting the law.

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