http://www.law360.com/ Latest articles for organization: Sullivan & Cromwell Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/132911 AT&T Inc. has completed its $944 million acquisition of Centennial Communications Corp. following conditional approval of the deal by the Federal Communications Commission, which demanded certain divestitures over competition concerns. http://www.law360.com/articles/132911 http://www.law360.com/articles/132687 The Federal Deposit Insurance Corp. has asked a bankruptcy court to modify the automatic stay for Washington Mutual Inc. to allow the agency — the receiver for WaMu's banking unit — to compel JPMorgan Chase & Co. to turn over roughly $4 billion in deposits while the three figure out to whom the money belongs. http://www.law360.com/articles/132687 http://www.law360.com/articles/122766 As the economy returns to health, more companies with funding will prepare for the next stretch of prosperity by acquiring distressed businesses. Unfortunately for sellers, valuations of those businesses will not match what their stakeholders had hoped they would be just 18 months ago, says Bruce Raphael, co-chair of Edwards Angell Palmer & Dodge LLP's mergers and acquisitions practice group. http://www.law360.com/articles/122766 http://www.law360.com/articles/132593 Investment firm TPG Capital LP and Canada-based pension manager CPP Investment Board will acquire IMS Health Inc., a provider of market intelligence to the health care and pharmaceutical industries, in a leveraged buyout deal valued at $5.2 billion. http://www.law360.com/articles/132593 http://www.law360.com/articles/132660 A pension fund that sued VeriFone Holdings Inc. for allegedly overstating its income for three 2007 quarters by more than $37 million is opposing the U.S. Securities and Exchange Commission’s proposed settlement related to the alleged fraud. http://www.law360.com/articles/132660 http://www.law360.com/articles/132160 A federal appeals court has reversed a judgment in favor of Koninklijke Philips Electronics NV, finding that a lower court should not have shut out two Imation Corp. subsidiaries from a patent license agreement between Imation and Philips over information storage and retrieval technology. http://www.law360.com/articles/132160 http://www.law360.com/articles/131992 Berkshire Hathaway Inc. announced Tuesday it will pay $34 billion in cash and stock to become the sole owner of railway operator Burlington Northern Santa Fe Corp., the biggest acquisition in the conglomerate's history. http://www.law360.com/articles/131992 http://www.law360.com/articles/131525 CIT Group Inc. has reportedly reached a deal with activist investor Carl Icahn that would end the beleaguered business lender's recent tug-of-war over its restructuring plan and ease its path through bankruptcy court. http://www.law360.com/articles/131525 http://www.law360.com/articles/131063 Stanko J. Grmovsek, the alleged accomplice of a former mergers and acquisitions partner at Dorsey & Whitney LLP who recently committed suicide, reportedly has admitted to his role in an insider trading scheme that spanned 14 years. http://www.law360.com/articles/131063 http://www.law360.com/articles/129990 EverBank Financial Corp., a privately held financial services firm, said Thursday it would acquire the leasing firm Tygris Commercial Finance Group Inc. in a stock-for-stock deal the bank said would ultimately boost its capital by $535 million. http://www.law360.com/articles/129990 http://www.law360.com/articles/129813 Financial investment giant UBS Securities LLC has asked a federal judge to block several Swiss investors from pursuing $40 million in claims in a Financial Industry Regulatory Authority arbitration proceeding related to losses from the massive HealthSouth Corp. fraud. http://www.law360.com/articles/129813 http://www.law360.com/articles/129687 Bank of America Corp., aiming to raise capital and pay back bailout billions, has agreed to sell First Republic Bank to a group of investors led by private equity firms Colony Capital LLC and General Atlantic LLC. http://www.law360.com/articles/129687 http://www.law360.com/articles/129196 Finding that the plaintiff forfeited her rights to have her case heard in federal court, a judge has dismissed a suit by a former American International Group Inc. compliance manager and one-time Skadden Arps Meagher & Flom LLP attorney accusing the company of retaliatory termination for blowing the whistle on a scheme to secure real estate asset management business using unlawful gifts. http://www.law360.com/articles/129196 http://www.law360.com/articles/128757 A federal appeals court has overturned its own precedent in the problematic Winter Storm case, in which it had held that electronic fund transfers processed by an intermediary bank are subject to attachment under the Federal Rules of Civil Procedure. http://www.law360.com/articles/128757 http://www.law360.com/articles/124647 Pending legislation proposing to reverse the U.S. Supreme Court's recent ruling in Stoneridge Investment Partners LLC v. Scientific-Atlanta Inc. has revived a heated debate over how best to ensure that aiders and abettors to securities fraud don't go unpunished. http://www.law360.com/articles/124647 http://www.law360.com/articles/124148 Mergers and acquisitions attorneys could find themselves in an increasingly uncomfortable position when dealing with the sensitive issue of public disclosures, thanks to comments from a judge overseeing the U.S. Securities and Exchange Commission’s suit against Bank of America Corp. over alleged misrepresentations regarding Merrill Lynch & Co Inc. bonuses, legal experts say. http://www.law360.com/articles/124148 http://www.law360.com/articles/127280 Microsoft Corp. and Novell Inc. have filed competing motions for summary judgment in their battle over Microsoft's alleged cornering of the computer operating systems market. http://www.law360.com/articles/127280 http://www.law360.com/articles/127297 Edwards Angell Palmer & Dodge LLP is giving 2010 summer associates a shorter deadline than usual to render their decisions about accepting offers, the firm has said in a statement. http://www.law360.com/articles/127297 http://www.law360.com/articles/127153 A federal judge has thrown out ATS Claim LLC's complaint in the multidistrict litigation alleging antitrust violations in the flat-panel display industry while leaving room for ATS to amend the complaint and issue a new service notice to the U.S.-based defendants in the case. http://www.law360.com/articles/127153 http://www.law360.com/articles/126918 The court overseeing Washington Mutual Inc.'s suit against the Federal Deposit Insurance Corp. over the $1.9 billion sale of WMI's banking operations to JPMorgan Chase & Co. has allowed JPMorgan to intervene as a defendant in the case, rejecting the argument that the automatic stay from WMI's bankruptcy case barred JPMorgan from getting involved in the suit. http://www.law360.com/articles/126918