The entire revenues from the sale of 2,250,000 shares in Camurus AB by Sandberg Development AB came to almost SEK 1.3 billion. Sandberg Development remained the largest shareholder in Camurus after the share sale, holding 18.28 million shares, or 30.7% of the company’s capital and voting.

Data availability is becoming more and more important in the rush of press releases as generative AI continues to advance into the legal workflow. The next obvious step for the technology is to match it with better data, but doing so runs the risk of oversimplifying the market. Providers have already indicated their investment in…

During the historic initial public offering (IPO) of flynas, the biggest IPO on the Saudi Exchange (Tadawul) Main Market this year, Gibson Dunn provided advice to Goldman Sachs Saudi Arabia, Morgan Stanley Saudi Arabia, BSF Capital, Al Rajhi Capital, anb Capital, Citigroup Saudi Arabia, and Emirates NBD Capital KSA. The first airline to list on…

A large number of West Coast-based Willkie Farr partners are departing because the firm bowed to the President by promising $100 million in pro bono payments in order to prevent unconstitutional Executive Orders that target the firm and the severe harm that can result from them.

In comments to the American Lawyer, an industry observer, speaking anonymously to protect professional relationships, discussed partners who are eager to leave Biglaw firms that gave in to Donald Trump but may be constrained by their notice periods, which can normally range from 30 to 60 days: “I have a high degree of confidence there…

About a year ago, Lathrop GPM and Hopkins Carley merged. The ambition to expand the firm’s practice groups, which include IP, private client services, and franchising, drove the transaction. Last month, Lathrop opened an office in Sacramento as part of its ongoing growth.

After making a high-profile recruitment in its financial services regulatory group this week, Sullivan & Cromwell has a short list of expansion goals in London. However, the head of the Wall Street firm’s UK office says the company is not in a rush to keep up with the city’s hiring boom. Prior to joining S&C,…

Partners In an interview with The American Lawyer, Deanne Miller and Wendy West Feinstein talked about the substantial expansion and strategic significance of mass tort and product liability litigation, as well as the corresponding rise in demand for legal services in this area.

Downtown Los Angeles law firms are adopting remote work in the midst of chaos as police and anti-ICE demonstrators brawl. Some firms have had to postpone client meetings or move them online due to transit disruptions. Due to the disturbance, local legal firms are negotiating curfews and transit interruptions.

Five years after the firm’s merger with Satterlee Stephens, Duane Morris has finally combined its two New York offices. The firm customized their new facility at 22 Vanderbilt, which formally opened for business on May 19, and was locked into an 11-year lease. Matthew Taylor, the CEO and chairman of the company, is optimistic about…