When Facebook Inc. sought to acquire messaging startup WhatsApp Inc. for as much as $19 billion in cash and stock, the social networking site turned to Weil, Gotshal & Manges LLP for the deal. WhatsApp relied on Fenwick & West LLP, the firm that acted as Facebook’s outside counsel in its 2012 initial public offering.
An appellate court in New York last week rejected one theory underlying a malpractice claim against Cadwalader, Wickersham & Taft LLP over a commercial mortgage- backed securitization, or CMBS, while letting another stand.
Weil, Gotshal & Manges LLP represented Lenovo Group Ltd. in its purchase of Google Inc.’s Motorola Mobility phone unit for $2.91 billion. Cleary Gottlieb Steen & Hamilton LLP advised Google on the deal.
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.
Charles Duross, who secured almost $2 billion in corporate penalties as the head of the U.S. Justice Department unit devoted to pursuing foreign bribery cases, has left the government to join Morrison & Foerster LLP in Washington.