The son of Indonesia’s former president did not receive cash and a luxury car in return for business in the country from Rolls-Royce Holdings Plc, Europe’s largest maker of aircraft engines, his lawyer said.
Charterhouse Capital Partners LLP, Britain’s oldest buyout firm, posted some of the industry’s biggest returns after spinning out of HSBC Holdings Plc. Handing off that legacy to the new generation is proving harder.
Bernie Ecclestone, the chief executive officer of Formula One, was accused on the first day of a London trial of making a “corrupt bargain” to ensure the controlling stake in the sport’s parent company was sold to his preferred bidder.
Wachtell Lipton Rosen & Katz advised Umpqua Holdings Corp., Oregon’s biggest bank, which agreed to pay about $2 billion in stock and cash to buy Sterling Financial Corp., the lender backed by Warburg Pincus LLC and Thomas H. Lee Partners LP.
Morgan Lewis & Bockius LLP hired a Washington team of white collar attorneys formerly of White & Case LLP and led by former acting U.S. Attorney General and Deputy Attorney General George J. Terwilliger III.
Wilmer Cutler Pickering Hale & Dorr LLP hired two U.S. government general counsels, Dan Berkovitz from the Commodity Futures Trading Commission and Mark Cahn from the Securities and Exchange Commission, to the firm’s securities department in Washington.