3 Tips For Firms With Lawyers On Both Sides Of A Deal

Law360, New York (April 3, 2015, 6:24 PM EDT) -- Skadden Arps Slate Meagher & Flom LLP became the latest firm to successfully navigate some potentially murky waters last month by acting as both counsel to Endo Pharmaceuticals Ltd. and adviser to Valeant Pharmaceuticals International Inc. on financing and antitrust issues in what became a battle between the two to buy Salix Pharmaceuticals Ltd.

One firm representing multiple sides in the deal-making process may not happen often, but it's not unheard of, especially with clients nowadays seeking out counsel with specific expertise, experts say. It's important for firms to understand how to toe the line in such situations to ensure no...

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