The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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Simpson Thacher & Bartlett has won a beauty parade to advise the US government on its $700bn (£412bn) financial markets bail-out package.
New York partner Lee Meyerson is leading a team advising the US Treasury on the rescue package. This is the second major credit-crunch related instruction Meyerson has won - last month he was drafted in to advise longstanding client Washington Mutual on its acquisition by JPMorgan (TheLawyer.com, 26 September).
As part of bail-out package the US Treasury is selecting a range of asset managers that have at least $100bn (£58.86bn) of fixed income assets under management to implement the process alongside a number of investment consultants. They will manage the process of buying mortgage-backed securities for the government so they can be removed from troubled banks’ balance sheets.
Seven policy teams have also been created in different areas of the package including asset insurance, executive compensation and compliance, home ownership preservation, mortgage-backed securities purchases and whole loan purchases.