Law Firm News

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Law Firm News

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Kramer, Levin, Naftalis & Frankel, LLP

Kramer Levin Named Law Firm of the Year at M&A Advisor Turnaround Award Dinner; Firm Also Wins Award for Chapter 11 Reorganization of the Year
Kramer Levin Naftalis & Frankel LLP is pleased to announce that it has received the M&A Advisor Turnaround Award as Law Firm of the Year. M&A Advisor also gave the firm the award for Chapter 11 Reorganization of the Year for Kramer Levin’s work on the WCI Steel case.

Dozens of top firms competed for the awards that recognize excellence in the bankruptcy and restructuring field. Other finalists for law firm of the year included other premier firms with renowned bankruptcy practices. M&A Advisor issued the awards at a ceremony in Palm Beach, Fla., Monday night.

Kramer Levin has established itself as an industry leader through its work on some of the nation’s largest and middle-market bankruptcy cases, including its recent involvement in the Dana Corp., Dura Automotive, Calpine, Adelphia, ASARCO, Footstar, PTS and Fabrikant bankruptcies, to name a few.

In the WCI Steel reorganization, Kramer Levin represented holders of $300 million in secured notes who fought for three years to wrest control of the company from its owner, prominent financier Ira Leon Rennert. The notes traded in the 20s when Kramer Levin began representing the noteholders in May 2003 and rose to 100 cents on the dollar when the noteholders confirmed their plan and took control of the company in May 2006.

03-21-2007

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Haskell, Slaughter, Young & Gallion, L.L.C.

HASKELL SLAUGHTER’S HORTON TO ADDRESS ALABAMA CHAPTER OF ASSOCIATION OF CORPORATE COUNSEL
William W. Horton, an attorney with Haskell Slaughter Young & Rediker, LLC, will be the featured speaker at the March meeting of the Alabama Chapter of the Association of Corporate Counsel, to be held March 30 in Birmingham. Mr. Horton, a former member of the Chapter's Board of Directors, will discuss "The Role of General Counsel in Crisis Management".

The Association of Corporate Counsel is "the in-house bar association", serving the professional needs of attorneys who practice in the legal departments of corporations and other private sector organizations worldwide. The association promotes the common interests of its members, contributes to their continuing education, seeks to improve understanding of the role of in-house attorneys, and encourages advancements in standards of corporate legal practice. The Alabama Chapter draws its membership from in-house lawyers across the state. For more information on the Association, visit www.acca.com

03-21-2007

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Paul, Hastings, Janofsky & Walker LLP

Paul Hastings Strengthens Capital Market Practice With Addition of Robert Claassen
Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, is pleased to announce today that Robert Claassen, formerly of Wilson Sonsini Goodrich & Rosati, has joined the firm's Capital Markets Practice as a partner, resident in the Palo Alto office. Mr. Claassen's practice focuses on the representation of investment banks, as well as large and middle-market public and private companies, emerging growth companies and venture capitalists in securities and capital market transactions.

"The growth of Paul Hastings global capital markets practice is a top priority for the firm," said Bill Schwitter, Capital Markets Practice Co-Chair. "Robert's extensive experience in representing leading investment banks and large public companies provides our practice with deeper bench strength to serve our clients in all of their legal needs. In addition, Robert will be a potent force in helping to build our capital markets expertise in Silicon Valley and throughout Northern California."

Prior to joining Paul Hastings, Claassen was a partner in Wilson Sonsini's corporate and securities department. He has broad experience with many types of corporate transactions, including public and private securities offerings, leveraged buyout transactions, convertible bond offerings, high-yield bond offerings, venture capital investments, private equity, call spreads, and derivative securities, representing such top-tier investment banks and large public companies as Goldman Sachs, Merrill Lynch, Credit Suisse, SunMicrosystems, Google, and Amkor Technology.

03-21-2007

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Fulbright & Jaworski L.L.P.

Fulbright Partner Participates in Texas Diversity Council's Women in Leadership Symposium
Fulbright partner Heather Corken spoke at the 2007 Women in Leadership Symposium hosted by the Gulf Coast Chapter of the Texas Diversity Council (TXDC) on January 25, 2007. The symposium acts as a forum for female executives to discuss issues such as how to balance careers and personal lives, dealing with the perception of women as leaders versus the reality, bridging the racial divide, and working together to champion women in the workplace. More than 200 women attended this symposium.

TXDC is committed to developing a learning environment for both organizations and businesses on diversity issues. TXDC currently has five councils throughout Texas that serve the greater Metropolitan Areas of Austin, Corpus Christi, Dallas, Houston and San Antonio. Fulbright is a proud member of the TXDC.

03-21-2007

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Buchanan Ingersoll & Rooney PC

D.C. Tax Litigation Attorneys Lewis and Mong Prevail in 'SERP' Swap Case
Tax attorneys Stuart M. Lewis and Keith A. Mong recently prevailed on behalf of the former CEO of Radio Shack in a deferred compensation case before the Internal Revenue Service (IRS). Both are shareholders in the Washington, D.C., office of Buchanan Ingersoll & Rooney PC.

The IRS had held that the conversion of a deferred compensation program into a loan under a complex estate plan (a technique known as a "SERP swap") triggered an income tax and penalty obligation of more than $1.5 million. Lewis, Mong and their team argued that the conversion was a nontaxable event. After years of administrative and court hearings, the IRS made a rare full concession in the case, one of a series of similar cases brought by the IRS involving executives at very large corporations. Lewis and Mong have handled nearly all of these cases.

03-21-2007

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Baker & McKenzie, L.L.P.

Baker & McKenzie LLP Joins Push for 2016 Olympics in Chicago
Baker & McKenzie LLP has committed to a substantial relationship with the Chicago 2016 Exploratory Committee by providing pro bono legal services to support the City of Chicago’s effort to be awarded the Summer Olympic Games of 2016.

“Baker & McKenzie is uniquely positioned to assist with an international event of this scale given our Firm’s unparalleled geographic and legal experience,” said Philip Suse, Managing Partner of Baker & McKenzie in Chicago. “Working with Chicago 2016 is a perfect fit for us. The office has a rich and proud tradition of involvement in pro bono and community service activities in Chicago, in North America, and around the world. And we feel extremely fortunate to be able to provide legal services to great civic initiatives like Chicago 2016.”

Baker & McKenzie will provide all manner of pro bono legal services to Chicago 2016, including assisting World Sports Chicago, an organization that aims to support and attract international amateur athletes to Chicago. The Firm is also advising on matters affecting both the local and the international communities, such as security.

“We are excited to be involved in such a momentous undertaking.” said Tom Campbell, Partner in Chicago involved in the project. “Chicago, as a truly international city, is an ideal host for the games. Given the chance, we will showcase our city to the world in 2016 on a scale never seen before.

03-21-2007

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Andrews Kurth

Alan Bickerstaff Joins Andrews Kurth in Austin
Andrews Kurth announced today that Alan D. Bickerstaff has joined as a Partner in its Corporate / Securities section, resident in the Austin office and as a member of the Technology and Emerging Growth practice group.

Bickerstaff comes to the firm from Wilson Sonsini Goodrich & Rosati, where he represented venture capital firms, investment banks, and public and private technology and emerging growth companies on general corporate and transactional matters, including securities law reporting and compliance, formation and corporate governance issues, private equity and venture capital transactions, public offerings, and mergers and acquisitions.

Bickerstaff has advised clients in raising more than $400 million in venture capital, helped execute more than $2.4 billion worth of public offerings and Rule 144A transactions, and represented clients in mergers and acquisitions totaling more than $2.6 billion in value.

"I am very excited to join the Andrews Kurth Technology and Emerging Growth practice," Bickerstaff said. "Andrews Kurth is the premier Texas-based international law firm serving emerging and established technology companies and venture capitalists. I look forward to helping to continue to grow the practice."

Andrews Kurth is consistently ranked among the top corporate law firms in the US for public and private securities offerings, mergers and acquisitions, venture capital, and fund formation representation. In 2006, Andrews Kurth served as counsel in mergers and acquisitions totaling more than $25 billion and securities offerings totaling over $15 billion. The firm's attorneys have extensive experience in providing legal services to emerging and high-growth companies in many industries, including information technology, life sciences and retail, throughout the US and in their interests abroad.

"Alan's extensive experience and reputation in the venture capital marketplace will further strengthen our market-leading Technology and Emerging Growth practice, as well as deepen our bench in the public offerings and M&A sectors," said Carmelo Gordian, Partner.

Bickerstaff received his J.D. in 1996 from The University of Texas School of Law where he was Articles Editor and Co-editor-in-Chief of The Texas Journal of Business Law. He graduated with a B.B.A., cum laude, from the University of North Texas in 1993.

03-21-2007

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