Diversity & Inclusion
Skadden secured a highly favorable result for the University of North Carolina (UNC) by persuading the North Carolina Court of Appeals to unanimously affirm the lower court's dismissal with prejudice of claims brought by former UNC student-athletes.
Skadden represented First Solar, Inc. in the sale to a subsidiary of Capital Dynamics Inc. of the Class B membership interests (the management stake) in the Moapa project, a 250-megawatt photovoltaic solar power plant in Clark County, Nevada.
Skadden represented China Petrochemical Corporation, also known as Sinopec Group, in the issuance of international bonds worth $3.4 billion.
Skadden is representing the Japan Atomic Power Company in its establishment of a joint venture company, JExel Nuclear, with Exelon Generation Company, LLC to license and deploy the Exelon Nuclear Management Model in major nuclear power projects around the world.
Skadden is advising Forestar Group Inc. in its $605 million merger with Starwood Capital Group, under which Starwood will acquire all of the outstanding shares of Forestar's common stock.
Skadden advised Nomura International plc and SMBC Nikko Capital Markets Limited as international underwriters' counsel on Lixil Viva Corporatioin's ¥40.2 billion initial public offering on the Tokyo Stock Exchange.
Skadden is representing China-based Tahoe Investment Group Co., Ltd. in its $150 million merger with Alliance HealthCare Services, Inc.
Skadden is advising Intrawest Resorts Holdings, Inc. on its $1.5 billion acquisition by a newly formed entity.
Skadden achieved a favorable ruling on behalf of Barclays PLC in litigation with the Federal Energy Regulatory Commission (FERC), which filed a complaint in the U.S. District Court for the Eastern District of California charging Barclays and four former executives with manipulating the energy market, and had sought an approximately $500 million penalty from Barclays. FERC took the position that the action it filed against Barclays should not be governed by the Federal Rules of Civil Procedure and that no trial was necessary. Rather, FERC concluded that Barclays was liable based on its own investigation, in which Barclays had no ability to compel witnesses to testify or to produce documents.
Skadden has secured the affirmance of a trial court's December 2015 decision in favor of client Robert Mallano and a class of more than 3,000 state judges, justices and judicial pensioners in a declaratory judgment action brought against the California controller and board of administration of the California Public Employees' Retirement System.