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Tremont Group Secures Dismissal of Madoff-Related Claims

On behalf of Tremont Group Holdings, Skadden secured the dismissal with prejudice of claims arising out of Tremont's management of two offshore hedge funds that lost over $1 billion invested with Bernie Madoff.


News Corp. Secures Another Victory in Stock-Drop Litigation

On behalf of News Corp., NI Group LTD, and Rupert and James Murdoch, Skadden defeated a plaintiffs' motion to reconsider the court's prior dismissals of a securities class action arising out of the highly publicized improper news-gathering practices at The Sun and now-defunct News of the World.


Ecolab Updates Euro-Commercial Paper Program

Skadden is advising Ecolab Inc. on updating its $2 billion multi-issuer euro-commercial paper program, which was granted a STEP (short-term European paper) label on September 22.


Phoenix Group Acquires Abbey Life From Deutsche Bank

Skadden is advising Phoenix Group Holdings on its proposed £935 million acquisition of Abbey Life from Deutsche Bank AG.


Skadden Leads in Advising on Securities Litigation

According to statistics from Lex Machina, a provider of law firm data analytics, Skadden has advised on the most defense-side securities cases that have ended to date in 2016. Among all plaintiffs' and defense firms, Skadden is the only defense firm to rank in the top five in 2015 and 2016 based on the number of cases resolved.


LANXESS to Acquire Chemtura

Skadden is advising LANXESS AG on its $2.5 billion acquisition of Chemtura Corporation


Tobira Therapeutics to Be Acquired by Allergan

Skadden is co-counsel to Tobira Therapeutics, Inc. in its acquisition by Allergan plc for a total potential consideration of up to $1.695 billion.


Cogobuy Completes Placement of New Shares

Skadden represented China-based Cogobuy Group in its approximately HK$2 billion placement of 160 million new shares.


Skadden Represents Wells Fargo in Sales Practices Matter

Skadden represented Wells Fargo Bank, N.A. in connection with an inquiry by the Consumer Financial Protection Bureau regarding sales practices issues, which was resolved via a consent order dated September 8, 2016.


Tessera to Acquire DTS

Skadden is advising Tessera Technologies, Inc. on its approximately $850 million acquisition of DTS, Inc.