industrial manufacturing & chemicals: news
Analysis: AMR bankruptcy clouds Boeing jet order
November 29, 2011 -- Reuters
Stephen Selbst says American Airlines' $40 billion order for new jets might be imperiled by the airlines' filing for Chapter 11 protection. The bulk of the order went to Boeing, with Airbus getting a smaller slice. Stephen says that American may want to shrink its overall operation -- including the size of its fleet -- which could shrink the size of its order or at least cause the airline to re-trade the contract with Boeing. In the meantime, he says, American's fleet is among the least fuel-efficient in the industry. And he questions whether a bankruptcy judge will authorize a major purchase before the airline files a formal reorganization plan.
Colgate Buys Unilever Business for $940 Million
March 29, 2011 -- The New York Times DealBook
This online version of DealBook -- the section of The New York Times that covers mergers, acquisitions and capital raises -- notes that Herrick represented Unilever in its $215 million acquisition of Colgate-Palmolive's Colombian laundry detergent business.
Colgate (CL) To Acquire Sanex from Unilever (UL) in $940M Deal; To Sell Colombia Unit to Unilever for $215M
March 28, 2011 -- Streetinsider.com
This story notes Herrick's representation -- in the persons of Edward B. Stevenson and Johanna L. Ferraro -- of Unilever in that company's acquisition of Colgate-Palmolive's Colombian laundry detergent business. The $215 million deal was part of a deal that saw Unilever sell its Sanex division to Colgate-Palmolive, and the coverage notes that Unilever's associate general counsel, David A. Schwartz, was instrumental in the acquisition.
Slaughters and Wachtell take lead on Colgate-Unilever double deal
March 28, 2011 -- Legalweek.com
The work of Edward B. Stevenson and Johanna L. Ferraro on behalf of Unilever, in its $215 million acquisition of Colgate-Palmolive's Colombian laundry detergent business, is noted. So too is the role played by Unilever's assistant general counsel, David A. Schwartz. The acquisition was part of a two-pronged transaction that also saw Unilever sell its Sanex division to Colgate-Palmolive.
Wachtell, Slaughter and May Advise on Colgate-Unilever Double Deal
March 25, 2011 -- The AmLaw Daily
Ed Stevenson, Johanna Ferraro and our client, Unilever's associate general counsel David Schwartz, are mentioned in this story, which describes Unilever's $215 million acquisition of Colgate-Palmolive Company's Colombian laundry detergent business.
Lead Paint Litigation Is Beginning to Fade
August 21, 2007 -- National Law Journal
This story examines lead paint litigation in which Herrick represented Sherwin Williams. The story arrives at the conclusion that lead paint claims were losing steam in the courts.