Diversity & Inclusion
Skadden served as U.S. legal adviser to Hangzhou Liaison Interactive Information Technology Co. Ltd. in its acquisition of a majority 64.18 percent equity stake in Dehaier Medical Systems Limited.
On behalf of Mercury Insurance Company, Skadden won a motion for judgment on a petition for writ of mandate, vacating a $27.6 million penalty imposed by the California Department of Insurance (CDI).
On August 4, the en banc 9th U.S. Circuit Court of Appeals reversed a 9th Circuit panel decision that extradition courts could not consider whether evidence submitted to them was obtained via torture.
On behalf of the NCAA, NBA, NFL, NHL and MLB, Skadden secured the affirmance of the grant of summary judgment and a permanent injunction preventing New Jersey from implementing sports betting in state casinos and racetracks.
Skadden is representing Dynegy Inc. in its $173 million sale of a 50 percent stake in Elwood Energy LLC to J-Power USA Development Co. Ltd.
Skadden secured a dismissal for UBS Real Estate Securities Inc. (UBS RESI) in a breach-of-contract action pending in the New York State Supreme Court, Commercial Division. The plaintiff, U.S. Bank National Association, brought suit on behalf of a residential mortgage-backed securities (RMBS) trust.
On behalf of Christie's, Inc., Skadden secured the denial of a motion to alter or amend judgment, preserving the previously granted dismissal with prejudice of a class action in which several prominent artists or their representatives had sought to enforce the California Resale Royalty Act, California Civil Code Section 986(a).
Skadden represented an investor consortium in the $1.1 billion going-private acquisition of Chinese solar company Trina Solar Limited.
The firm represented China-based ride-hailing service provider Didi Chuxing in its merger with Uber China.
Skadden is advising the special committee of the board of directors of Oracle Corporation on its $9.3 billion acquisition of NetSuite Inc.