Sealing The Deal: Skadden Steers Sprint To 2-Way Win
By Liz Hoffman
Law360, New York (September 21, 2013, 1:20 PM ET) -- The day life got complicated for Skadden Arps Slate Meagher & Flom LLP attorneys Tom Kennedy and Jeremy London started innocently enough. It was November 2012, and the pair had just signed up a deal for Sprint Nextel Corp., which was selling a majority stake to Japanese telecom SoftBank Corp.
Charles Wunsch, Sprint's general counsel, called the two lawyers. He had another job for them. Alongside the SoftBank deal, Sprint wanted to consolidate its ownership of a struggling wireless venture called Clearwire Corp. Could the two...