Kirkland Says Work For Mylan Units Can't Trigger Conflict

By Andrew Strickler (May 21, 2015, 7:39 PM EDT) -- Kirkland & Ellis LLP urged a Pennsylvania federal court Wednesday not to block the firm from representing Teva Pharmaceutical Industries Ltd. in its hostile takeover bid for Mylan NV, calling the conflict challenge a "preposterous" attempt to kill the proposed merger because it only ever advised Mylan subsidiaries.

The memorandum filed in the U.S. District Court for the Western District of Pennsylvania argues that generic-drug giant Mylan NV, the parent to scores of subsidiaries, was never a client of the firm, even though Kirkland handled a limited number of matters for Mylan subsidiaries.

Without that prior relationship with the parent company,...

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