2013.10

Orrick, Pillsbury in talks to form big 10 U.S. law firm

Two U.S. law firms are in advanced merger discussions to create one of the 10 largest in the country, according to the firms’ chairmen.


MBK Partners to launch sale of S.Korea’s Techpack

Private equity firm MBK Partners is launching a sale of a 100 percent stake in South Korean bottle maker Techpack Solutions Co Ltd, a source with direct knowledge of the matter said on Monday, in a deal seen worth more than 432 billion won ($407 million).


New merger to shake up Brisbane, East Coast market

A prominent Melbourne and Sydney based firm has announced that it will be entering the Brisbane market via a local merger – and it’s vowing to double its partnership size in 12 months.


Indian tyremaker Apollo locks horns with U.S. bid target Cooper

India’s Apollo Tyres Ltd said its lenders were unlikely approve its bid for U.S.-based Cooper Tire & Rubber Co unless the $2.5 billion price tag was cut to take account of unresolved labor disputes.


Siemens wins dismissal of U.S. lawsuit alleging Asia bribery

A U.S. judge has thrown out a lawsuit accusing Germany’s Siemens AG of funneling kickbacks to Chinese and North Korean hospital officials, narrowing the ability of plaintiffs to use U.S. courts to sue over conduct outside the country.


Philips scraps sale of home entertainment business to Funai

Philips, the Dutch healthcare, lighting and consumer appliances group, has scrapped the sale of its audio and video business to Japan’s Funai Electric Co because of a breach of contract and will seek a new buyer.


Adelaide: Cowell Clarke on expansion path

South Australia’s Cowell Clarke has announced the appointment of
two new special counsel to the firm, part of a expansion involving six new recruits.


UAE’s Dana Gas consortium files case against Kurdish government

Abu Dhabi-listed Dana Gas , leading a consortium of energy investors, has filed an arbitration case in London against the Iraqi Kurdistan government, the company said on Tuesday.


Indonesia halts trading of three MNC firms after court ruling

Indonesia’s stock exchange suspended trading on Friday in Media Nusantara Citra Tbk PT and two affiliates after a Supreme Court ruling the previous day against the company in a long-running dispute over ownership of a television firm.


Perth: New digs for HopgoodGanim

HopgoodGanim has announced it will be moving its Perth premises to the Allendale Square development in mid-December 2013.


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