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...
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Sullivan & Cromwell chairman Rodgin Cohen is leading a team advising AIG, while Davis Polk & Wardwell partners Bradley Smith and Marshall Huebner are advising the US Treasury and the New York Federal Bank.
The move comes after AIG received an $85bn bailout from the US Government just three weeks ago.
Under the new deal the Fed Bank of New York will seize control of $37.8bn in investment grade, fixed income securities from the insurance provider for cash.
The deal will provide additional liquidity for AIG for settling counterparty transactions.
Davis Polk and Sullivan & Cromwell have won a string of credit crunch related mandates in recent weeks, including Citigroup’s proposed $2.2bn acquisition of US bank Wachovia in which Davis Polk partners John Ettinger and Phillip Mills advised Citi and Cohen advised Wachovia on the proposed bid.