Proskauer Rose LLP is advising American Realty Capital Properties Inc. on the company’s plans to spin off most of its multitenant shopping-center business into a publicly traded real estate investment trust valued at more than $2.2 billion.
Proskauer Rose LLP asked a court to dismiss a lawsuit filed by Elly Rosenthal, its former chief financial officer, in which she alleged the law firm wrongly fired her after she took leave for treatment of breast cancer.
Proskauer Rose LLP was sued for employment discrimination in New York by former Chief Financial Officer Elly Rosenthal, who accused the law firm of firing her after she took leave for breast cancer treatment.
The U.S. Supreme Court let aggrieved investors in R. Allen Stanford’s $7 billion Ponzi scheme sue outside companies and law firms alleged to have played a role in the fraud, dealing a setback to the securities industry.
Victims of R. Allen Stanford’s $7 billion Ponzi scheme can sue outside companies and law firms alleged to have played a role in the fraud, the U.S. Supreme Court ruled, dealing a setback to the securities industry.
Sullivan & Cromwell LLP, Morris Manning & Manning LLP, Venable LLP, Wachtell Lipton Rosen & Katz and Proskauer Rose LLP advised on American Realty Capital Properties Inc.’s agreement to buy Cole Real Estate Investments Inc. for about $6.85 billion as it seeks to become the largest owner of U.S. single-tenant buildings.
Mark Shelton, formerly UBS AG’s Americas general counsel and global head of investigations, is joining Gibson, Dunn & Crutcher LLP in New York. He will practice financial institutions law with a focus on banking regulation and investigations.