http://corporatefinance.law360.com/ The Newswire for Legal Professionals Copyright 2010 Portfolio Media, Inc. en-US http://corporatefinance.law360.com/images/headings/logo.gif http://corporatefinance.law360.com/ http://corporatefinance.law360.com/articles/156123 A Delaware judge has refused to expedite a trial in Air Products and Chemicals Inc.'s tiff with the directors of rival Airgas Inc., whom Air Products sued for rebuffing its hostile takeover bid, saying the issue is developing outside the courtroom. http://corporatefinance.law360.com/articles/156123 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155961 Bankrupt lender American Home Mortgage Holdings Inc. has asked a judge to approve a settlement with the buyer of its mortgage servicing unit, seeking to put to rest about $17 million in claims over unauthorized payments to investors and other alleged breaches of the sale agreement. http://corporatefinance.law360.com/articles/155961 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155970 Massey Energy Co. has revealed plans to increase its coal reserves by purchasing privately held Cumberland Resources Corp. and affiliated companies for $960 million in cash and stock. http://corporatefinance.law360.com/articles/155970 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155956 Europe's largest pension fund has sued Bank of America Corp. and a score of executives for hiding bonus payouts and "massive" losses during the banking giant's 2008 takeover of Merrill Lynch & Co. http://corporatefinance.law360.com/articles/155956 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155979 Medtronic Inc. is planning to offer $3 billion of debt in a three-part sale, a move the medical device giant said would help generate cash for working capital and general corporate purposes, including possibly paying down its indebtedness. http://corporatefinance.law360.com/articles/155979 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155899 Following a settlement, Asahi Kasei Pharma Corp. has dropped a suit to enforce a $91 million arbitration award against Cotherix Inc. over a drug licensing deal that went south in the wake of a Cotherix merger. http://corporatefinance.law360.com/articles/155899 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155994 Citigroup Inc. revealed further details of an initial public offering for its Primerica Inc. subsidiary on Wednesday, saying it will sell 18 million shares of its life insurance unit for $12 to $14 per share. http://corporatefinance.law360.com/articles/155994 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155962 EMC Corp. has sued two former employees for allegedly using proprietary information to start a rival consulting company, an action EMC says violates an agreement the pair signed when it hired them and acquired their former business for more than $200 million. http://corporatefinance.law360.com/articles/155962 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155862 Japanese pharmaceutical giant Astellas Pharma Inc. wants to replace the board of OSI Pharmaceutical with its own nominees as it pushes forward with its $3.5 billion hostile takeover bid. http://corporatefinance.law360.com/articles/155862 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/156008 Two directors of Amacore Group Inc., which sells discount health plans, and the directors' financial advising firm have been dismissed from a lawsuit over Amacore's $14 million acquisition of fellow health plan provider LifeGuard Benefit Services Inc. http://corporatefinance.law360.com/articles/156008 Wed, 17 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155928 Criticizing the plaintiffs' original counsel for failing to take a more active role in the litigation, a Delaware judge on Tuesday appointed new lead counsel for a putative class of Revlon Inc. shareholders in a lawsuit over a takeover by the company's controlling shareholder. http://corporatefinance.law360.com/articles/155928 Tue, 16 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155740 The U.S. Securities and Exchange Commission has reached a nearly $1 million consent judgment against Alfred Teo for alleged insider trading involving Musicland Stores Corp. and C-Cube Microsystems Inc., though Teo continues to dispute the agency's claims of false filing. http://corporatefinance.law360.com/articles/155740 Tue, 16 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155866 Exxon Mobil Corp.'s plan to acquire natural gas producer XTO Energy Inc. has cleared the necessary antitrust hurdles, moving the deal closer to completion. http://corporatefinance.law360.com/articles/155866 Tue, 16 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155548 Killing three birds with one stone, Nixon Peabody LLP has bolstered its private equity, mergers and acquisitions, and global sports and entertainment practices by luring from Paul Hastings Janofsky & Walker LLP a corporate finance partner who focuses on sports deals. http://corporatefinance.law360.com/articles/155548 Tue, 16 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155733 Under fire from U.K. politicians and union leaders, a Kraft Foods Inc. executive said Tuesday the company “acted in good faith” when it pledged to preserve a Cadbury PLC production plant that will now close its doors as part of the company's $19 billion takeover of the British confectioner. http://corporatefinance.law360.com/articles/155733 Tue, 16 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155763 The U.S. Department of Justice is fighting a bid by Dean Foods Co. to get a key claim booted from the DOJ's antitrust lawsuit seeking to undo Dean's recent acquisition of two milk processing plants in Wisconsin. http://corporatefinance.law360.com/articles/155763 Tue, 16 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155592 The European Commission has agreed to let Greece's competition regulator handle the review of Motor Oil Corinth Refineries SA's proposal to buy Royal Dutch Shell PLC's Greek fuel and bitumen businesses for nearly €246 million ($338 million). http://corporatefinance.law360.com/articles/155592 Tue, 16 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155526 Senate Banking Committee chairman Christopher Dodd, D-Conn., unveiled long-delayed financial reform legislation Monday, aiming to streamline bank supervision in the U.S., subject credit rating agencies to new rules and create a warning system for financial institutions that grow too big to fail. http://corporatefinance.law360.com/articles/155526 Mon, 15 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155560 A former McGuireWoods LLP attorney who made millions of dollars by improperly selling unregistered shares of newly merged public companies pled guilty Monday to conspiracy and securities fraud charges. http://corporatefinance.law360.com/articles/155560 Mon, 15 Mar 2010 00:00:00 -0500 http://corporatefinance.law360.com/articles/155369 Consol Energy Inc. inked a deal Monday to purchase Dominion Resources Inc.'s Appalachian exploration and production business for $3.475 billion in cash, scoring the rights to develop nearly 500,000 acres in the Marcellus Shale formation. http://corporatefinance.law360.com/articles/155369 Mon, 15 Mar 2010 00:00:00 -0500