Caesars Entertainment Corp., largest owner of casinos in the U.S., will sell four properties to an affiliate for $2.2 billion, freeing up cash as the company works to restructure $24.5 billion in debt.
A unit of Dutch aerospace company Fokker Technologies Holding BV is poised to secure a reprieve from criminal charges that it violated U.S. sanctions against Iran, two people briefed on the matter said.
Charles Duross, who secured almost $2 billion in corporate penalties as the head of the U.S. Justice Department unit devoted to pursuing foreign bribery cases, has left the government to join Morrison & Foerster LLP in Washington.
Baker & McKenzie LLP will merge with United Arab Emirates 40-lawyer law firm Habib Al Mulla on July 1, to create Baker & McKenzie Habib Al Mulla. The firm will advise clients on local and international law in its Dubai offices and, with regulatory approval, in Abu Dhabi.
A thicket of state laws imposing sales taxes on electronic commerce is creating pressure for federal intervention to end the squabbles between states and online merchants, a lawyer monitoring the issue said.
Jackson Lewis LLP opened a Tampa, Florida, office with four lawyers, led by Barnett Q. Brooks, former managing partner of the Tampa office of rival Ogletree, Deakins, Nash, Smoak & Stewart PC. The office is the third opened by the employment law firm in the five weeks since Vincent Cino took the helm as chairman on Jan. 1.