Legal News

Simpson Thacher Gets Bailout Contract
Simpson Thacher to Get $300,000 From Treasury Department for Bailout Work is a Oct. 20, 2008 American Lawyer article that really has surprised me. The article reports that the U.S. Treasury retained Simpson Thacher as its lead legal advisor with...

Simpson Thacher
The Treasury taps Simpson Thacher to serve as legal adviser for the recapitalization plan. Good firm with a top-notch PE practice (they represent KKR), so it definitely has the necessary expertise to advise on the recapitalization portion of the bailout...

Sonnenschein Rescues 100 Thacher Lawyers
Looks like 150-year-old, New York-headquartered Thacher Profitt Wood may not survive through the end of 2008. The Am Law Daily is reporting that following a breakdown in talks between Thacher and King Spalding, predictions are swirling that Thacher...

Simpson Thacher's Loss Leader Pays Off
Back in October, I posted about how Simpson Thacher & Bartlett, the law firm selected in a competitive solicitation to advise the Treasury Department on the $700 billion bailout plan after four of six firms declined to participate, had capped...

LTNY 2008: Craig Ball in Your Apple Store
Craig Ball (of LTN's "Ball in Your Court" fame) and Clifford Chance's Tony DeCerce couldn't resist a test drive of Apple Inc.'s new MacBook Air. From EDD Update, here.

Simpson & The Bailout, Redux: Why Risk So Much for So Little
When, earlier this week, we posted our guesstimations on Simpson Thacher’s hourly rates for the firm’s bailout work, some Law Blog commenters expressed surprise that Simpson would risk so much for so little...

Gambling Governed by State Laws
State laws vary with respect to gambling