Nachrichten der Wirtschaftskanzleien

Lixil Viva Lists in Tokyo

Skadden News - Do, 13.04.2017 - 05:00
Skadden advised Nomura International plc and SMBC Nikko Capital Markets Limited as international underwriters' counsel on Lixil Viva Corporatioin's ¥40.2 billion initial public offering on the Tokyo Stock Exchange.

Tahoe Investment to Merge With Alliance HealthCare

Skadden News - Mi, 12.04.2017 - 05:00
Skadden is representing China-based Tahoe Investment Group Co., Ltd. in its $150 million merger with Alliance HealthCare Services, Inc.

California Judges Prevail on Appeal

Skadden News - Di, 11.04.2017 - 05:00
Skadden has secured the affirmance of a trial court's December 2015 decision in favor of client Robert Mallano and a class of more than 3,000 state judges, justices and judicial pensioners in a declaratory judgment action brought against the California controller and board of administration of the California Public Employees' Retirement System.

NextEra Secures Reversal of FERC Order Dismissing Its Complaint

Skadden News - Di, 11.04.2017 - 05:00
On April 4, the U.S. Court of Appeals for the D.C. Circuit remanded an order issued by the Federal Energy Regulatory Commission (FERC) that dismissed a complaint filed by solar energy developer and Skadden client NextEra Desert Center Blythe, LLC.

Court Dismisses Shareholder Suit Against Sempra Directors

Skadden News - Di, 11.04.2017 - 05:00
Skadden secured the dismissal of a shareholder derivative suit brought against current and former members of the board of directors of Sempra Energy accusing them of breach of fiduciary duty based on a 2015 natural gas leak at a well located within Sempra subsidiary SoCalGas' Aliso Canyon underground storage facility.

Intrawest Resorts Sold to Aspen Skiing and KSL Capital Affiliates

Skadden News - Di, 11.04.2017 - 05:00
Skadden is advising Intrawest Resorts Holdings, Inc. on its $1.5 billion acquisition by a newly formed entity.

Barclays Wins Favorable Ruling in Long-Running FERC Litigation

Skadden News - Di, 11.04.2017 - 05:00
Skadden achieved a favorable ruling on behalf of Barclays PLC in litigation with the Federal Energy Regulatory Commission (FERC), which filed a complaint in the U.S. District Court for the Eastern District of California charging Barclays and four former executives with manipulating the energy market, and had sought an approximately $500 million penalty from Barclays. FERC took the position that the action it filed against Barclays should not be governed by the Federal Rules of Civil Procedure and that no trial was necessary. Rather, FERC concluded that Barclays was liable based on its own investigation, in which Barclays had no ability to compel witnesses to testify or to produce documents.

Saoud Al-Mohannadi Wins Landmark FIFA Appeal

Skadden News - Mo, 10.04.2017 - 05:00
Skadden secured a complete victory on behalf of Saoud Al-Mohannadi, vice president of the Qatar Football Association and Asian Football Confederation, defeating charges brought by the Investigatory Chamber of the FIFA Ethics Committee.

Skadden Names New Partners

Skadden News - Mi, 05.04.2017 - 05:00
Skadden is pleased to announce the 2017 new partners.

JAB to Acquire Panera Bread

Skadden News - Mi, 05.04.2017 - 05:00
Skadden is representing JAB Holding Company in its $7.5 billion acquisition of Panera Bread Company.

Amazon.com Prevails Against IRS

Skadden News - Mi, 05.04.2017 - 05:00
Skadden represented Amazon.com, Inc. in a victory against the IRS involving one of the largest transfer pricing cases in decades and the first involving e-commerce. At issue in the case was the determination of the proper tax due upon Amazon's creation of a European headquarters.

DuPont to Sell a Portion of Its Crop Protection Business to FMC

Skadden News - Di, 04.04.2017 - 05:00
Skadden is advising E. I. du Pont de Nemours and Company on the sale of a portion of its crop protection business, including certain research and development capabilities, to FMC Corporation, in exchange for substantially all of FMC's health and nutrition business and a balancing payment of $1.625 billion.

Westinghouse Electric Company Files for Chapter 11

Skadden News - Di, 04.04.2017 - 05:00
Skadden is advising Toshiba in connection with the filing of voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code by Westinghouse Electric Company, LLC and certain of its subsidiaries and affiliates.

Student Athlete Class Action Against UNC Chapel Hill Dismissed

Skadden News - Di, 04.04.2017 - 05:00
Skadden secured the dismissal of a putative class action against the University of North Carolina at Chapel Hill (UNC) brought by two former students who attended UNC on athletic scholarships and now allege the university breached its contract and duties with student-athletes because they purportedly were denied a high-quality education and directed to low-quality courses while attending the school.

El Pollo Loco Secures Second Dismissal of Securities Complaint

Skadden News - Di, 04.04.2017 - 05:00
Skadden won a motion to dismiss an amended putative securities class action complaint brought against clients El Pollo Loco Holdings, Inc. (EPL), Trimaran Capital Partners and other individual defendants.  

AXA Equitable Wins New SLUSA Dismissal of Variable Annuity Case

Skadden News - Mo, 03.04.2017 - 05:00
Skadden secured yet another dismissal in a series of similar class actions filed against client AXA Equitable Life Insurance Company. The putative class action alleged that AXA Equitable breached its contractual duties to variable annuity holders by implementing a volatility management strategy in certain investment portfolios. The complaint claimed that the company's purported omissions in regulatory filings with New York's Department of Financial Services breached certain terms of the plaintiff's variable annuity contract.

Intellectually Disabled Client Granted Relief by Supreme Court

Skadden News - Fr, 31.03.2017 - 05:00
The U.S. Supreme Court granted relief to a pro bono client, Texas death row inmate Bobby Moore, who was sentenced to death for a 1980 murder.

National CinemaChain Sells Cinema Park

Skadden News - Do, 30.03.2017 - 05:00
Skadden advised National CinemaChain LLC on its $120 million sale of the largest Russian cinema chain, Cinema Park, to entities affiliated with A

Parrot Automotive and Faurecia Form Partnership

Skadden News - Do, 30.03.2017 - 05:00
Skadden is advising Parrot in connection with the implementation of a strategic and capital partnership between Faurecia and its subsidiary Parrot Automotive.

Nippon Shokubai to Acquire Sirrus

Skadden News - Do, 30.03.2017 - 05:00
Skadden is representing chemical company Nippon Shokubai Co., Ltd. in its acquisition of Sirrus, Inc., a U.S.-based advanced reactive technology platform monomer company.