Law Firm News

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Law Firm News

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Mayer Brown LLP

Mayer, Brown, Rowe & Maw has advised Reuters on its agreement to acquire Feri Fund Market Information Ltd
Mayer, Brown, Rowe & Maw LLP's London corporate group has advised Reuters in connection with its agreement to acquire Feri Fund Market Information Ltd (FERI FMI) and its fund database subsidiary, FI Datenservice GmbH (FID), from Feri Rating and Research GmbH, subject to the final approval of the German Federal Cartel Office.

FERI FMI is a mutual fund analysis and research company, focusing on the European domestic, especially German-speaking, and cross-border fund markets. FERI FMI will be combined with Reuters-owned fund intelligence company Lipper which will enable the expansion of its international rating activities.

Peter Dickinson, head of the London corporate group at Mayer, Brown, Rowe & Maw commented: "This is an exciting deal to be involved in on behalf of Reuters, a long standing client, and we look forward to continuing to work with them to build on Lipper's core growth strategy."

Mayer, Brown, Rowe & Maw's team was led by the head of its London corporate group Peter Dickinson supported by assistants Jeremy Cunningham and Sam Webster with advice from IP partner Sarah Byrt, partners Mark Walker and Hans-Georg Kamann and assistants Malte Richter and Peter Gey from the Frankfurt office and London employment assistant Claire Holland.

07-06-2007

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King & Spalding

King & Spalding Secures Reversal for The Home Depot, Inc.
King & Spalding, a leading international law firm, earned a significant appellate victory for its client The Home Depot, Inc., dismissing a putative nationwide consumer class action on the grounds of forum non conveniens and improper venue.

The decision of the Illinois Fifth District Court of Appeals on June 26, 2007, reversed an earlier Madison County Circuit Court’s denial of a motion for dismissal. If not overruled the trial court’s decision would have allowed a claim under the Missouri consumer protection law to have been tried in an Illinois state court. In its lengthy opinion, the Court of Appeals noted that this was a question of first impression under Illinois law before ruling in favor of Home Depot.

The case is but the most recent appellate ruling restricting the jurisdiction of the southern Illinois courts which have for years been the favorite of the plaintiffs bar.

The Home Depot Inc. is the world’s largest home improvement specialty retailer with stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, 10 Canadian provinces, Mexico and China.

The King & Spalding legal team representing The Home Depot, Inc. was led by litigation business partners Dwight Davis and Stewart Haskins, both of the Atlanta office.

07-06-2007

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Bradley Arant Boult Cummings LLP

Nick Gaede Elected President of the Birmingham Committee of Foreign Relations
A. H. "Nick" Gaede, a partner in the firm's Birmingham office, has been elected President of the Birmingham Committee of Foreign Relations. The purpose of the organization is to expand knowledge and understanding of foreign affairs, exchange ideas, recognize free speech and enjoy fellowship and conviviality. The committee currently has 125 members which meet monthly from September through May to hear topics of interest on foreign policies and affairs. For more information on the Birmingham Committee of Foreign Relations,

07-06-2007

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The Law Firm Of Baker & Daniels LLP

Karen Jackson, Angela Kelver Join Baker & Daniels
Karen C. Jackson and Angela S. Kelver have joined Baker & Daniels LLP as associates. Jackson is practicing in banking and commercial finance from the law firm's Fort Wayne office. Kelver is focusing on business litigation from the South Bend office.

Before joining Baker & Daniels, Jackson was a vice president and attorney at SunTrust Bank in Atlanta, Ga. She has developed a wide range of experience in the banking industry during her career. After earning a bachelor's degree in accounting from the University of Michigan, Jackson became an auditor and then a certified public accountant.

Jackson graduated from the University of North Carolina at Chapel Hill School of Law in 1996 and then worked almost five years at Citizens Trust Bank in Atlanta.

Kelver was a litigation lawyer at Hinshaw & Culbertson LLP in Chicago, specializing in product liability and general litigation cases, before joining Baker & Daniels. She served as a judicial intern for the Hon. Sarah Evans Barker in the U.S. District Court for the Southern District of Indiana in 2001.

Kelver was a victim advocate for the Cass County (Michigan) Prosecuting Attorney's Office from 1999-2000 and program coordinator of domestic violence outreach services for the YWCA of St. Joseph County from 1998-99. She graduated from St. Mary's College at Notre Dame in 1997 and the Indiana University School of Law – Bloomington in 2003.

07-06-2007

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Taft Stettinius & Hollister LLP.

Joe Parker Takes Rules of Civil Procedure to Task
Joe Parker has been appointed by the American College of Trial Lawyers to serve on a Task Force on Discovery to work with the Institute for the Advancement of the American Legal System in Denver, Colorado. They will be working on a joint project to examine the Rules of Civil Procedure to determine whether they add unnecessary cost to civil litigation and, if so, what amendments to the Rules should be made.

07-06-2007

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Shearman & Sterling LLP

Shearman & Sterling Advises Winterthur Technology on Acquisition of Wendt Group
Shearman & Sterling advised Winterthur Technologie AG (WTG), Zug, on the acquisition of Wendt Group from 3i. The transaction closed on June 26, 2007. The Wendt Group is a producer of high-precision, specialized tools and tool-grinding machinery with production sites inter alia in Germany, Switzerland, Belgium, the United States and Russia; it also holds a 40% stake in the publicly listed Wendt (India) Limited, India.

WTG is a holding company under Swiss law, which is listed at the SWX Swiss Exchange, Zurich. Winterthur Technologie AG is among the leading European manufacturers of high quality grinding wheels for industrial applications. The company’s products are mainly applied in the automotive and steel industries. With this acquisition, which will be financed by means of a capital increase, Winterthur Technology Group doubles its revenues on comparable profitability. The headcount rises from 879 to approximately 1,500. At the same time, with the integration of the new technologies, Winterthur Technology Group will be enabled to enter new strategic markets.

The following Shearman & Sterling attorneys advised WTG on this transaction: Stephan Hutter (partner, Capital Markets, Frankfurt), Stephan Harbarth (partner, Capital Markets/M&A, Frankfurt/Mannheim), Johannes Frey (partner, Tax, Frankfurt) as well as the associates Jens Riedel (M&A, Frankfurt), Michael Bokelmann, Tanya Sheridan (both Capital Markets, Frankfurt), Michael Buckworth (M&A, London), Stefan Zeyher (M&A, Mannheim) and Katharina Steinbrück (Labor Law, Mannheim).

07-06-2007

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Piper Rudnick, L.L.P.

DLA Piper advises Wichford Plc on acquisition of German office building portfolio
DLA Piper has advised Wichford plc, an Isle of Man registered and AIM listed property investment company, on the purchase of a stake of approximately 95% in a portfolio of office buildings. The vendors have retained the balance. The deal is worth €149.5m.

The portfolio consists of four office buildings located in Bergisch-Gladbach (near Cologne), Berlin, Dresden and Ludwigsburg (near Stuttgart) with an aggregate size of over 42,000m². All the properties are leased on a long-term basis to "Verwaltungsberufsgenossenschaft" ("VBG"), the workplace accident insurance agency for the administrative sector, established under German public law. The properties were acquired by way of a share deal. With this acquisition, its second in Germany, Wichford plc continues to pursue its strategy of investing in properties occupied by public-sector institutions.

Martin Schulte said: "This acquisition is another example of the strength of the team working on major real estate portfolio transactions at DLA Piper in Germany. In the past six months alone we have helped international clients' purchase of major German commercial properties valued at about €2bn. The combination of experienced corporate, property, tax and finance lawyers from a number of our offices ensured that together with our client we can identify and promptly address all issues in a seamless and commercial fashion."

Corporate partner Dr Martin Schulte (Cologne) led the DLA Piper team advising Wichford plc. The team also comprised partners Dr Nina-Maria Siedler (Finance - Frankfurt/London), Martin Heinsius (Tax - Frankfurt) and Dr Markus Beaumart (Real Estate - Cologne), and associates Dr Ralf Els (Corporate - Cologne), Dr Uwe Eppler (Tax - Hamburg), Petra Tesch (Finance - Frankfurt) and Barbara Anzellotti (Real Estate - Cologne).

07-06-2007

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