Wynn Resorts Ltd.’s lawsuit with former director Kazuo Okada was halted while U.S. authorities pursue a criminal investigation into possible bribery of Philippine officials by the Japanese billionaire.
An independent review commissioned by Kazuo Okada’s lawyers found that Wynn Resorts Ltd.’s investigation that cost the Japanese billionaire his 20 percent stake in the casino operator was “deeply flawed.”
Ropes & Gray LLP added four new corporate partners. Bracewell & Giuliani LLP lawyers Jonathan Gill and Robb Tretter join the firm in New York as partners in the private-equity practice, focusing on distressed investing. Mark Wesseldine, previously of Fried Frank, Harris, Shriver & Jacobson LLP will be joining the firm as a finance partner in London. Victoria Lloyd, a capital markets and mergers and acquisitions lawyer also from Fried Frank, is joining Ropes & Gray in its Hong Kong office.
Former U.S. Homeland Security Secretary Michael Chertoff and Defense Secretary William Perry urged Senate leaders to pass legislation to protect hospitals, power plants and other critical sites from cyber attacks.
The U.S. is searching for ways to deter, defend against and respond to ever-increasing cyber attacks and more diverse terrorist threats, even as it tries to cut spending and finance weapons conceived during the Cold War.
The judge overseeing Hostess Brands Inc., while declining to approve the company’s liquidation, asked management and the bakers’ union to enter mediation today to resolve the strike that the maker of Twinkies and Wonder bread said forced it to shut. Hostess is being advised by Jones Day.
National security advisers to the Republican presidential candidates have links to defense, homeland security and energy companies that have received at least $40 billion in federal contracts since 2008.