Seyfarth Shaw LLP will open an office in Shanghai this summer, giving the firm its first office in Asia. China practitioner Wan Li, who recently joined the firm from DLA Piper LLP, will be the chief representative and managing partner of Seyfarth’s Shanghai office.
Weil Gotshal & Manges LLP and Proskauer Rose LLP represented American Realty Capital Properties Inc., which offered to buy Cole Credit Property Trust III Inc. for at least $5.7 billion, seeking to create one of the largest real-estate investment trusts that leases space to single tenants. Sullivan & Cromwell LLP is advising Cole Holdings as owner of the external manager to Cole Credit Property Trust III.
John Dowd, a combative ex-Marine who cursed at a cameraman after court one day, was the lawyer Galleon Group LLC co-founder Raj Rajaratnam selected for his trial last year on insider-trading charges. The jury, citing overwhelming evidence, voted to convict.
The New York International Arbitration Center will open its doors in late spring, the organization said in a statement. The center, founded with support from 33 law firms, aims to promote international arbitration in New York.
The U.S. Securities and Exchange Commission is writing new rules in the wake of Knight Capital Group Inc. losses that could turn longstanding policies for how exchanges manage their automated systems into regulations.