Former National Basketball Players Association Executive Director Billy Hunter sued the union, its president and his publicist, alleging that they engaged in secret negotiations with team owners to end the 2011 lockout.
Joseph Lombardo, founder of Prim Capital Corp., which advises the National Basketball Players Association, faces U.S. criminal charges that he obstructed a federal grand jury probe of a $3 million fraud scheme.
Goodwin Procter LLP advised Cole Credit Property Trust II Inc. on its agreement to merge with Spirit Realty Capital Inc. in a stock transaction that would create a company with 2,012 properties in 48 U.S. states. Ropes & Gray LLP represented the Special Committee of CCPT II. Latham & Watkins LLP advised Spirit.
White & Case LLP opened an office in Madrid with the addition of partner Juan Manuel De Remedios, the former chairman of Latham & Watkins LLP’s corporate department in Spain. De Remedios, who will be joined by a local partner and a team of associates, will be the Madrid office executive partner.
Cravath Swaine & Moore LLP announced year-end bonuses for associates, ranging from $10,000 for the newest associates to $60,000 for the most senior, according to a memo the firm gave its lawyers that was obtained by Bloomberg News.
Deal lawyers are having a busy week, especially at Skadden, Arps, Slate, Meagher & Flom LLP. The firm is involved in six acquisitions that were announced yesterday, ranging in value from $850 million to $1.7 billion.
Goldman Sachs Group Inc., buffeted by a fraud lawsuit from the U.S. Securities and Exchange Commission and a 21 percent decline in market value, is in talks to hire Paul, Weiss, Rifkind, Wharton & Garrison LLP to bolster its legal team, said a person briefed on the discussions.