- Dell Walks Away From 3Par Bidding After HP’s $33-a-Share Offer – Bloomberg – It was already a huge premium when Dell bid $18 for shares that previously closed at $9.65. So in addition to potentially having made HP overpay, Dell should also collect a $72 million breakup – much of which will go to its lawyers at Debevoise. Wilson Sonsini (for 3PAR)and Cleary (for HP) will have to wait for closing to get paid.
- Law.com – Calif. Appeals Court Approves Contingency Fee Greater Than Client Award – Surprisingly, there's a BigLaw connection in a contingency-fee dispute. Gibson Dunn represents the client disputing a fee that exceeds the value of the property and the settlement.
- M & A Law Prof Blog: More Advice for Young Lawyers – Add this to the list of Insider Advice for Wannabe Insider Traders. Be discreet – or in Gen Y terms, "STFU, pls. k thx bai!"
- Another Lawyer Sues Avvo Rating Site, Claims Its Practices Are ‘Beyond Unfair’ – News – ABA Journal – We wouldn't care about some Florida solo, until ABA Journal noted that he's a former Foley & Lardner lawyer. Oh, labor and employment or healthcare or something… back to not caring.
- Reuters Confirms: August Was Busy M&A Month – Only if you compare announced-deal size to last year. There were actually fewer deals this August, but they were bigger (BHP Billiton-Potash and Intel-McAfee being the listed examples).
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Roy Den Hollander (pictured) is being written about all over the place lately because he just lost an appeal at the 2nd Circuit, where he was trying to get “Ladies Nights” promotions banned.
