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.
Lenovo Group Ltd. has turned to national security insiders to win U.S. approval to buy Google Inc.’s Motorola Mobility phone unit and International Business Machines Corp.’s low-end server business, people familiar with the two deals said.
Duane Morris LLP is establishing a five-lawyer office in Shanghai through Duane Morris & Selvam LLP, its joint law venture in Asia, which will have an emphasis on facilitating outbound investment for Chinese corporations.
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.
While top-tier U.K. law firms weather the economic difficulties that have gripped the profession, their mid-market counterparts could be facing a serious risk of survival, according to a survey by PricewaterhouseCoopers.