Dell Inc. said yesterday it received proposals from Blackstone Group LP and Carl Icahn that may be superior to Michael Dell’s $24.4 billion buyout plan, putting pressure on the founder to sweeten his terms or switch allegiances. The new bidders increase the number of lawyers who are working on the deal.
Swiss banks are turning over thousands of employee names to U.S. authorities as they seek leniency for their alleged role in helping American clients evade taxes, according to lawyers representing banking staff.
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.
White & Case LLP hired five Linklaters LLP capital markets lawyers in Paris, all of whom join the firm as partners. Philippe Herbelin, Cenzi Gargaro and Séverin Robillard were partners at Linklaters. Gilles Endréo, formerly a partner at Linklaters, though now a consultant according to White & Case, and Thomas Le Vert, an associate, also join White & Case as partners.