Diversity & Inclusion
On behalf of China-based Jumei International Holding Ltd., Skadden secured the complete dismissal of a consolidated class action complaint in which investors alleged Jumei's May 2014 IPO registration statement and August 2014 earnings report contained false and misleading statements because they failed to disclose Jumei's plan to exit one of its business lines in September of that year.
Skadden obtained the dismissal of a shareholder suit alleging that client ChinaCache International Holdings, Ltd. misled investors about the progress and functionality of its High Performance Cache Cloud project.
Skadden's securities litigation practice was featured in an Am Law Litigation Daily article for securing in just two days the dismissals of two separate securities class actions against Asia-based issuers accused of misleading investors.
Recognized investment management attorney Geoffrey Chan has joined the firm as a partner to lead our Asia Pacific investment management practice. He is based in our Hong Kong office.
Valentin Autret has joined Skadden's dispute resolution practice in Paris as counsel.
Skadden has been named a Firm of the Year for 2016 by Law360.
Skadden is advising Noble Energy, Inc. on its proposed $3.2 billion acquisition of Clayton Williams Energy, Inc.
Skadden is advising Roust Corporation on a prepackaged restructuring, which received court approval at the sole hearing in the case, just seven days after the debtors filed for Chapter 11 relief.
Skadden advised affiliates of MSX International, Inc. in connection with its sale to Bain Capital Private Equity.
According to statistics from Lex Machina, a provider of law firm data analytics, Skadden resolved more federal securities cases as defense counsel in 2016 than any other law firm.