A Boston federal jury ruled against a former Ropes & Gray LLP associate who alleged the law firm retaliated when he complained of racial discrimination after failing to make partner, the National Law Journal reported.
Pepper Hamilton LLP opened a Silicon Valley office yesterday with a team of lawyers from Goodwin Procter LLP. The office is the firm’s third outpost in California and first in the northern part of the state.
Davis Polk & Wardwell LLP advised Shire Plc, which agreed to buy ViroPharma Inc. for about $4.2 billion to gain treatments for rare diseases and lessen dependence on its best-selling Vyvanse pill for attention deficit hyperactivity disorder. Skadden, Arps, Slate, Meagher & Flom LLP advised ViroPharma.
Banks would have to hold enough easy-to-sell assets to survive a 30-day credit drought under a rule to be proposed today by the Federal Reserve that may have the greatest effect on banks with big trading operations such as JPMorgan Chase & Co. and Goldman Sachs Group Inc.
Jim Tanner, a partner at Williams & Connolly LLP who represents basketball players including point guard Jeremy Lin of the Houston Rockets, is leaving the Washington-based law firm to start a sports and entertainment management business.
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.
The Federal Reserve has expanded its scrutiny of banks’ physical commodities operations to encompass businesses run by Goldman Sachs Group Inc. and Morgan Stanley that Congress had previously authorized.