Big Law's Value Prop in Smaller Markets: The Morning Minute - Law.com
WHO GOT THE WORK?℠ - Here’s a cute Valentine’s Day love story to kick off your week: budget airlines Frontier Group Holdings Inc., the parent company to Frontier Airlines, and Spirit Airlines are getting hitched and the guest list for the wedding is a who’s who of Big Law. Miramar, Florida-based Spirit is represented by a Debevoise & Plimpton team led by partners Gregory Gooding and William Regner. Frontier, which is based in Denver, is advised by Latham & Watkins partners Mark Bekheit and Tony Richmond. O’Melveny & Myers advised both carriers on employment matters. Barclays, acting as financial adviser to Spirit, is represented by Sullivan & Cromwell partner George J. Sampas. Citigroup Global Markets Inc., acting as financial adviser to Frontier, is advised by Fried, Frank, Harris, Shriver & Jacobson partners Philip Richter and Roy Tannenbaum. The transaction, announced Feb. 7, is expected to close in the second half of 2022 and is valued at approximately $6.6 billion, including the assumption of net debt and operating lease liabilities. Read the press release on Law.com Radarand check out the most recent edition of Law.com’s Who Got the Work?℠ column to find out which law firms and lawyers are being brought in to handle key cases and close major deals for their clients.
WHO’S WATCHING WHO? - The operator of video and GIF-sharing site Imgur was hit with a class action Friday in California Central District Court alleging violations of the Video Privacy Protection Act. The suit, backed by Bursor & Fisher, centers on Imgur’s use of a Facebook tracking pixel to collect information on visitors’ views and link it back to individual Facebook profiles. The suit pursues claims on behalf of individuals who have a Facebook account and watched videos on Imgur’s site. Counsel have not yet appeared for the defendant. The case is 2:22-cv-00979, Suufi et al v. MediaLab.Ai, Inc. Stay up on the latest deals and litigation with the new Law.com Radar.
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source: https://www.law.com/2022/02/14/big-laws-value-prop-in-smaller-markets-the-morning-minute/
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