In the Wake of the Credit Crisis… A Study of U.S. Strategic M&A Transactions

By Ariel J. Deckelbaum and Judith R. Thoyer, Partners; Didier Malaquin and Frances F. Mi, Counsel; and Daniel B. Levine, Associate Paul Weiss Rifkind Wharton & Garrison Key Observations: How Deals Are Getting Done The boom and bust of the credit cycle has had a tremendous impact on the strategic M&A marketplace. During the cycle�s […]

United States: Second Circuit Rules Bank Loan Underwriter Eligible for Overtime Pay

On November 20, 2009, the U.S. Court of Appeals for the Second Circuit in the case of Whalen v. J.P. Morgan Chase & Co., No. 08-4092 (2d Cir. November 20, 2009) held that a loan underwriter employed at J.P. Morgan Chase & Co. (Chase) was not covered by the administrative exemption from the overtime requirements […]