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Dismissal Secured in Putative Securities Class Action

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.


Leading Trusts and Estates Attorney Ivan Taback Joins Skadden

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.


Schlumberger to Acquire Stake in Eurasia Drilling

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.


LetterOne to Acquire RWE AG's Oil and Gas Unit Dea

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.


F.I.L.A. to Merge With Space

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.


DOJ Agrees to Return Seized Funds to Ping An Bank

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.


AdChina Completes Trade Sale to Alibaba

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.


Bitauto Forms Strategic Partnership With and Tencent

Skadden represented Bitauto Holdings Ltd. in the investment by, Inc. and Tencent Holdings Limited of approximately $1.3 billion in Bitauto and $250 million in YiXin Capital Ltd., a Bitauto subsidiary.


XL Group to Acquire Catlin Group

Skadden is advising XL Group plc in its $4.1 billion acquisition of Catlin Group Ltd.


Shire to Acquire NPS Pharma

Skadden is representing NPS Pharmaceuticals, Inc. in its $5.2 billion acquisition by Shire plc.