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Hangzhou Liaison Buys Majority Equity Stake in Dehaier Medical

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.


Mercury Insurance Wins Judgment Vacating CDI Penalty

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).


En Banc 9th Circuit Reverses Panel in Extradition Case

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.


3rd Circuit Affirms Ruling in NJ Sports Gambling Case

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.


Dynegy Sells 50 Percent Equity Interest in Elwood Energy Facility

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.


UBS Real Estate Securities Wins Dismissal of RMBS Action

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.


Court Preserves Dismissal of Class Action Against Auction House

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).


Trina Solar Completes Going-Private Transaction

Skadden represented an investor consortium in the $1.1 billion going-private acquisition of Chinese solar company Trina Solar Limited.


Didi Chuxing Acquires Uber China

The firm represented China-based ride-hailing service provider Didi Chuxing in its merger with Uber China.


Oracle to Acquire NetSuite

Skadden is advising the special committee of the board of directors of Oracle Corporation on its $9.3 billion acquisition of NetSuite Inc.