U.K. prosecutors face criticism by a senior politician for not joining the global currency-rigging investigation, less than two years after a delayed start in the Libor probe earned them similar rebukes.
Citigroup Inc. and Guy Hands’s Terra Firma Capital Partners Ltd. will litigate their dispute over the 2007 sale of EMI Group Ltd. in the U.K., both sides said after agreeing to drop a $2.2 billion case awaiting retrial in New York.
Sullivan & Cromwell LLP, Morris Manning & Manning LLP, Venable LLP, Wachtell Lipton Rosen & Katz and Proskauer Rose LLP advised on American Realty Capital Properties Inc.’s agreement to buy Cole Real Estate Investments Inc. for about $6.85 billion as it seeks to become the largest owner of U.S. single-tenant buildings.
The Chapter 11 cases for units of Truvo Luxemburg Sarl, a Belgium-based publisher of directories, may test whether a U.S. bankruptcy court can or should eliminate debt on European companies that aren’t in bankruptcy in the U.S. or abroad.
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.