King & Spalding LLP recruited Australian arbitration and construction lawyer Peter Megens as a partner in the Singapore office starting in July. Megens was at King & Wood Mallesons in Melbourne, where he was co-head of the firm’s arbitration practice and a senior member of its construction team.
Warren Buffett’s Berkshire Hathaway Inc. and Jorge Paulo Lemann’s 3G Capital agreed to buy HJ Heinz Co. for about $23 billion as the billionaires increased their bets on consumer products. Munger, Tolles & Olson LLP represented Berkshire Hathaway. Kirkland & Ellis LLP represented 3G Capital, and Davis Polk & Wardwell LLP provided legal counsel to the ketchup maker.
Sprint Nextel Corp. urged a federal judge to reject AT&T Inc.’s bid to throw out its lawsuit to stop AT&T’s purchase of T-Mobile USA Inc., arguing the deal would leave just two major U.S. wireless companies and hurt its business.
Morrison & Foerster LLP represents Softbank Corp., which agreed to buy a stake of about 70 percent in Sprint Nextel Corp. for $20.1 billion as Japan’s third- biggest mobile-phone operator seeks growth overseas amid a declining local market. Skadden Arps Slate Meagher & Flom LLP served as lead counsel to Sprint.
Willie Gault, the former NFL wide receiver and Olympic sprinter, was accused by U.S. regulators of taking part in a scheme to artificially inflate the stock of a medical-device company that he managed.
The U.S. Federal Trade Commission hired a top Washington litigator to run its antitrust investigation of Google Inc., signaling the agency may be preparing a lawsuit against the world’s largest search engine.
Sprint Nextel Corp. can sue AT&T Inc. over its proposed purchase of T-Mobile USA Inc., a federal judge ruled, saying the fact that the companies are competitors doesn’t bar a private antitrust lawsuit.