Bloomberg News

Mayer Brown, Cleary, Davis Polk, Dewey: Business of Law

May 18, 2012

Paul W. Theiss, a corporate partner at Mayer Brown LLP, was elected chairman of the law firm effective June 1.

Theiss, 52, who specializes in mergers and acquisitions and capital markets, is a member of the firm’s management committee and a former co-leader of its global corporate and securities practice. A focus of his three-year chairmanship will be on the New York, London and Hong Kong markets, he said.

“We are absolutely committed to maintaining our strengths as well as becoming stronger in the world’s leading financial centers,” Theiss said in an interview.

Theiss joined Mayer Brown in 1985 and made partner in 1993. When he arrived at the firm, 95 percent of its lawyers worked in the U.S., he said. Now, about half do.

“We are seeing many clients using us in more practices in more offices,” Theiss said. The firm’s growth into a globally integrated partnership has been “an exciting and profound change,” he said.

Theiss will succeed Herbert W. Krueger, who isn’t eligible for another term under the firm’s partnership agreement, the firm said.

Theiss “has been deeply involved with firm-wide strategic issues for many years, and I am delighted that our partners have made a wise choice,” Krueger said in a statement.


Agilent Buys Dako for $2.2 Billion in Its Biggest Acquisition

Agilent Technologies Inc. (A:US), the maker of scientific-testing equipment, agreed to buy Dako, a Danish maker of cancer- diagnostics tools, for $2.2 billion in cash to expand its life- science business.

Agilent is acquiring Dako from the Swedish private-equity firm EQT Partners AB, the companies said in a statement yesterday. The purchase is the largest in Agilent’s history.

Cleary Gottlieb Steen & Hamilton LLP is advising Agilent. The legal team includes corporate mergers and acquisitions partners Michael McDonald in London, Ethan Klingsberg in New York, Romano Subiotto in London and Brussels, and George Cary in Washington.

Additional Cleary partners include A. Richard Susko in New York on employee benefits, Len Jacoby in New York on intellectual property aspects and tax partner Richard Sultman in London.

Davis Polk & Wardwell LLP advised EQT. Partners on the team included corporate partner Jeffrey R. O’Brien and tax partner Neil Barr.

Kromann Reumert is advising Agilent on Danish law while Accura Advokatpartnerselskab is advising EQT on Danish law.

For more, click here.

Dewey Partner Departures

Roxann Henry Joins Morrison & Foerster Antitrust Practice

Roxann Henry, Dewey & LeBoeuf LLP’s former co-chairwoman of the global antitrust practice group, joined Morrison & Foerster LLP’s Washington office as a partner.

Henry has experience in cartel and merger investigations, defending foreign and domestic clients in cartel investigations and in securing worldwide competition clearances for billion- dollar acquisitions.

Among her achievements was the first court victory in more than a decade against a Federal Trade Commission merger challenge in a non-health-care case. Henry gained clearance for Arch Coal Inc. to buy Triton, a move that created the largest U.S. coal mine, Morrison & Foerster said in a statement. For APAC-Missouri Inc., Henry secured a not guilty verdict after a criminal antitrust trial. She also handles merger clearances, including Nestle SA’s $40 billion sale of Alcon Inc. stock to Novartis AG and Electronic Data Systems’ $14 billion acquisition by Hewlett-Packard Co., the firm said.

“In 2011, MoFo’s antitrust division filed 90 criminal cases -- more than the firm has in the past 25 years,” said Rony Gerrits, Brussels-based co-chair of the antitrust group.

Morrison & Foerster has more than 1,000 lawyers at 15 offices in the U.S., Asia and Europe.

Hong Kong Duo Join DLA Piper from Dewey LeBoeuf

DLA Piper LLP said a group of lawyers led by partners Joyce Chan and Heng Loong Cheong will join the firm’s Hong Kong office from Dewey & LeBoeuf LLP.

Chan is the principal of Joyce Sze Ho Chan & Co., Dewey’s Hong Kong associated firm. She specializes in insurance and has more than a decade of experience in the insurance industry advising on a broad range of regulatory and corporate insurance matters.

Cheong is a corporate lawyer whose practice focuses on mergers and acquisitions, corporate reorganizations and capital markets transactions. He has experience advising companies in the insurance, natural resources and renewable energy sectors.

“The critical mass we are achieving in the insurance arena will be crucial to the success of our clients around the world, particularly in Asia, which is quickly emerging as one of the most active transactional and regulatory markets in this important sector,” said Michael P. Murphy, global head of DLA Piper’s insurance and reinsurance sector group.

DLA Piper has 4,200 lawyers across 77 offices and 31 countries.

Two Former Dewey Partners Join Hogan Lovells in New York

Hogan Lovells LLP said James A. FitzPatrick Jr. joined its New York office as head of the U.S. corporate insurance practice from Dewey & LeBoeuf LLP.

Dewey’s former co-chair of its global compensation, benefits and employment department, Martha N. Steinman, also will join Hogan Lovells’s New York office.

FitzPatrick represents public and private companies and their boards in transactional matters. Steinman has experience in executive compensation, employee benefits, qualified and non- qualified plans and welfare plans.

Hogan Lovells’s corporate and regulatory insurance practice has more than 120 lawyers. The firm’s corporate team comprises more than 1,000 lawyers with offices in Asia, Europe, Latin America, the Middle East and the U.S.


Allan Van Fleet Joins McDermott Antitrust Practices in Houston

McDermott Will & Emery LLP said Allan Van Fleet will join the law firm’s antitrust and competition practice group as a partner in Houston along with an associate, both from Greenberg Traurig LLP.

Van Fleet is the immediate past chairman of the American Bar Association section of antitrust law. He has more than 30 years’ experience in antitrust litigation matters and in securing merger clearances for clients. In addition to antitrust litigation and counseling, his practice includes transactional matters and representing clients before federal, state and international enforcement agencies, the firm said.

“Allan’s arrival enhances our national and international profile and capability, and with Alison Smith, our Houston-based antitrust team is second-to-none,” Joseph Winterscheid, partner and head of McDermott’s global antitrust and competition practice group, said in a statement.

McDermott’s antitrust and competition practice group has lawyers in offices in Boston, Brussels, Chicago, Houston, Los Angeles, Orange County, California, Milan, New York and Washington, and a strategic alliance in Shanghai. The firm numbers more than 1,000 lawyers.

Lotito, Labor and Employment Attorney, Joins Littler

Michael J. Lotito, a labor and employment attorney and former Jackson Lewis LLP partner, joined Littler Mendelson PC, as a shareholder in its San Francisco office.

Lotito has more than 35 years of experience and will be a member of Littler’s legislative and regulatory practice in the Washington office, the firm said.

“He serves as lead counsel for some of the nation’s largest corporations and is a key player in the legislative and regulatory arena,” Marko Mrkonich, president and managing director of Littler, said in a statement. “His unparalleled legal skill and leadership, combined with his experience in the policy area, will be an invaluable asset to our firm as we expand our presence nationally and internationally.”

Littler has more than 900 attorneys and 56 offices in the U.S.

Baker Donelson Health-Care Lawyer Joins King & Spalding

Donna K. Thiel, former co-chair of the drug, device and life sciences industry group at Baker, Donelson, Bearman, Caldwell & Berkowitz PC, joined King & Spalding LLP’s Washington health-care practice as a partner.

Theresa E. Weir, a lawyer specializing in health-care regulatory matters, also joined the firm as counsel.

“Donna and Tracy’s extensive and comprehensive experience in regulatory areas will help us meet the ever-growing needs of our health-care and life sciences clients throughout the United States,” said Jon R. Harris Jr., head of King & Spalding’s health-care practice group.

Thiel represents providers and practitioners including hospitals, nursing homes, laboratories, rehabilitation providers, and medical-device manufacturers and suppliers.

King & Spalding has 800 lawyers in 17 offices in the U.S., Europe, the Middle East and Asia.

Choate Hires Goodwin Procter IP Partner Haulbrook

Choate Hall & Stewart LLP said William R. Haulbrook joined the firm as a partner in its intellectual property group. He previously was a partner in Goodwin Procter LLP’s IP group.

Haulbrook will continue to focus his practice on procurement and enforcement of intellectual-property rights, with an emphasis on strategic development of U.S. and foreign patent portfolios, patent infringement and validity opinions, patent licensing, and IP due diligence.

“This is an important lateral hire for Choate and we are very excited to have Bill Haulbrook join our world-class intellectual property team,” William Gelnaw and John Nadas, Choate’s co-managing partners, said in a statement.

Haulbrook has experience counseling clients on intellectual property issues in the fields of medical imaging and diagnostics, computer software, industrial process simulation, polymers and composites, alternative energy, semiconductor manufacturing, industrial chemistry and petroleum processing, the firm said.

Choate has 175 attorneys in its Boston office.


Goldman Sachs Lawyer From Sullivan May Testify on Gupta Comments

A Goldman Sachs Group Inc. (GS:US) lawyer from Sullivan & Cromwell LLP may testify at next week’s insider-trading trial of Rajat Gupta, a former director at the bank, a prosecutor said.

At a pretrial conference May 16 in Manhattan federal court, Assistant U.S. Attorney Reed Brodsky said prosecutors expect to present testimony from Steven Peikin, a lawyer at Sullivan & Cromwell who advises New York-based Goldman Sachs.

Peikin’s testimony “will relate to certain statements made by Mr. Gupta in an interview,” Brodsky told U.S. District Judge Jed Rakoff, without providing other details.

Brodsky’s comments came at the close of a hearing in which Rakoff said he’s likely to allow prosecutors to introduce as evidence four wiretaps from 2008 that are critical to the government’s case.

In one, Gupta is heard discussing Goldman Sachs business with Galleon Group LLC co-founder Raj Rajaratnam, who is now serving an 11-year prison term for insider trading. In three others, Gupta isn’t a participant as Rajaratnam discusses stock trades with his employees.

Gupta, who ran consulting firm McKinsey & Co. from 1994 to 2003, is scheduled to go on trial May 21 for tipping Rajaratnam about earnings at Goldman Sachs and Procter & Gamble Co. (PG:US), where Gupta was also a director. He has pleaded not guilty to five counts of securities fraud and one count of conspiracy.

Prosecutors said at the hearing that their first witness will be Caryn Eisenberg, who was Rajaratnam’s assistant at Galleon. They didn’t say when they would call Peikin, who didn’t return a telephone call May 16 for comment.

Michael DuVally, a spokesman for Goldman Sachs, declined to comment.

The U.S. released yesterday a list of witnesses and people whose names may emerge at the insider-trading trial of Rajat Gupta, including Goldman Sachs Group Inc. Chairman Lloyd Blankfein and President Gary Cohn.

The case is U.S. v. Gupta, 11-cr-00907, U.S. District Court, Southern District of New York (Manhattan).

For more, click here.

To contact the reporter on this story: Elizabeth Amon in New York at

To contact the editor responsible for this story: Michael Hytha at

Toyota's Hydrogen Man

Companies Mentioned

  • A
    (Agilent Technologies Inc)
    • $41.38 USD
    • 0.68
    • 1.64%
  • GS
    (Goldman Sachs Group Inc/The)
    • $193.28 USD
    • 1.67
    • 0.86%
Market data is delayed at least 15 minutes.
blog comments powered by Disqus