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Wake Up Call: 2 Firms Advise in $9.7 Billion E-Commerce Warehouse Deal

Oct. 28, 2019, 12:01 PM
  • Wachtell, Lipton, Rosen & Katz advised real estate investment trust Prologis, Inc. on its $9.7 billion deal to acquire Liberty Property Trust. Morgan Lewis & Bockius advised Liberty, which specializes in leasing warehouses and logistics facilities to corporate customers. The deal, including debt, is worth about $12.6 billion and is the latest sign of a hot market for warehouse space leased to online vendors. (Liberty Property Trust) (BN)

  • Paul Hastings is saying “arrivederci” to Milan after losing the last of its partners in that city, according to a report. (The Lawyer) Back in July, Paul Hastings’ Milan office lost two energy and infrastructure partners and four associates to Herbert Smith Freehills. (Legal Business)

  • Fish & Richardson, the California-based intellectual property firm, got a $175 million cash settlement for its San Diego client Power Integrations, capping that electronics company’s long IP infringement fight with a rival over tech used in chargers for mobile devices. The settlement comes after 15 years of sprawling litigation in which Fish & Richardson faced some of the biggest firms in the country. (Fish & Richardson) (The Recorder)

  • Davis Wright Tremaine hired a former top in-house lawyer for Inc., Apple Inc., and Google, Marisa Brutoco, as a partner in the firm’s Palo Alto, California, office. The firm said Brutoco will help expand the firm’s practice serving California’s technology leaders, build its Silicon Valley presence, and add to its technology and privacy & security practice. (

  • Brutoco arrives as Davis Wright Tremaine is representing in its noncompetition agreement breach suit against a former sales director who left to join Google Cloud as a vice president. Last week, a Washington federal court ruled that Amazon can partially enforce a noncompete agreement signed by the director, even though the contract is “unreasonable.” (BLAW)

  • Rudy Giuliani, President Trump’s personal lawyer, accidentally “butt dialed” an NBC reporter and left recordings of his conversations with associates, including one where he’s heard looking for money. (BN)

  • Freshfields Bruckhaus Deringer hired M&A partner Ethan Klingsberg to lead its push to join the top shelf of U.S. dealmaking advisers. Klingsberg arrives in New York from Cleary Gottlieb Steen & Hamilton, bringing three members of his team. (BLAW via BLB)

Lawyers, Law Firms

  • In about 18 months, Fenwick & West’s co-chair of its privacy & cybersecurity practice, James “Jim” Koenig, has built a 30-member privacy and cybersecurity practice team that he’s dubbed the “Justice League of privacy and cyber professionals.” (BLAW via BLB)

  • Denver-based Holland & Hart elected corporate partner Chris Balch to serve as firm chair starting Jan. 1, 2020. Balch, former co-chair of the firm’s technology, communications and media group, replaces commercial real estate attorney Liz Sharrer, who has served as the firm’s chair for the last six years. (

  • Detroit-based Dykema’s Dallas office added three new commercial litigators, expanding the office nearly 50 lawyers, and it added a business systems-focused manager for its dental service organizations industry group. The firm said oil and gas trial lawyer Israel R. Silvas joined as a member from Godwin Bowman PC, where he was co-chair of the bankruptcy/creditors’ rights section. Former Texas appeals court judge Mike Toth, who after law school became a U.S. Marine Corps trial attorney and later a special counsel to the Texas Office of Attorney General, joined as senior counsel. Notre Dame Law grad Alexis B. Farrell, who was summer associate at the firm, joined as a litigation associate. (Dykema)

  • Philadelphia-based firms Ballard Spahr, Cozen O’Connor, Duane Morris, and others have recently made targeted lateral hires aimed at growing in the Washington, D.C., area. (Legal Intelligencer)

  • The longest continuously serving judge at the U.S. Bankruptcy Court for the Southern District of New York, Stuart M. Bernstein is stepping down at the end of September 2020, after serving nearly 27 years. (BLAW)


  • Fenwick & West advised Invoca, a provider of AI-powered call tracking and conversational analytics, in its $56 million financing. It also represented Science Exchange, a software as a service-enabled marketplace for outsourced research and development, in its $20 million financing. (

Laterals, Moves, In-house, Promotions

  • Costco Wholesale Corp., Kimberly-Clark Corp., and Procter & Gamble Co. will face a recertified class of consumers challenging the flushability of flushable wipes, a New York federal court said. Robbins Geller Rudman & Dowd and others represented the plaintiffs. Morrison & Foerster represented Costco. Sidley Austin represented Kimberly-Clark. Kramer Levin Naftalis & Frankel and Covington & Burling represented P&G. (BLAW)

  • Columbia University’s Mayer Brown lawyers failed to brush off claims by former and current employees that the university breached its duty to participants in two defined contribution retirement plans by incurring excessive recordkeeping fees. (BLAW)

To contact the correspondent on this story: Rick Mitchell in Paris at

To contact the editors responsible for this story: Rebekah Mintzer at; Molly Ward at

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