Skadden is advising Yahoo! Inc. on its announced plan for a tax-free spinoff of its remaining holdings in Alibaba Group.
Skadden secured a dismissal with prejudice in a putative securities class action lawsuit arising out of the auction and sale of Skadden client Gentium S.p.A., an Italian biotechnology company, to Jazz Pharmaceuticals.
Skadden secured the dismissal for Samsung Electronics Co., Ltd. and Samsung Electronics America, Inc. of multibillion-dollar Federal Wiretap Act claims, and various state law claims, in a putative nationwide class action filed by smartphone consumers.
Skadden is advising the majority shareholders of Eurasia Drilling Company Limited, the largest provider of onshore drilling services in Russia, in its take-private and sale of a minority stake to Schlumberger, a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide.
Skadden, Arps announced today that Ivan Taback, a leading trusts and estates attorney, has joined the firm's Trusts and Estates Group as a partner in the New York office.
Skadden is advising LetterOne, a group of Russian investors led by Mikhail Fridman, in its $5.81 billion acquisition of RWE AG's oil and gas unit Dea.
Skadden is advising F.I.L.A. (Fabbrica Italiana Lapis e Affini S.p.A.) in connection with its merger with Space S.p.A., the first Italian law-governed special purpose acquisition company listed on the Milan Stock Exchange.
Skadden represented Ping An Bank in a civil forfeiture action in which the United States attorney for the District of Minnesota seized more than $12.5 million from the bank’s U.S. correspondent account based on the allegation that the funds constituted property used to facilitate, and derived from, criminal activity of certain of the bank's depositor customers.
Skadden represented AdChina Ltd. and a group of existing shareholders in a trade sale of its existing and newly issued share capital to Alibaba Group Holding Limited.
Skadden represented Bitauto Holdings Ltd. in the investment by JD.com, Inc. and Tencent Holdings Limited of approximately $1.3 billion in Bitauto and $250 million in YiXin Capital Ltd., a Bitauto subsidiary.