The collapse is a result of client conflicts created by, among other things, Orrick’s large public finance practice and Pillsbury’s corporate clients.
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The advanced merger talks between Orrick Herrington & Sutcliffe and Pillsbury Winthrop Shaw Pittman, which we reported on last month, fell apart last week. So reports The New York Times’ DealBook.
The collapse is a result of client conflicts created by, among other things, Orrick’s large public finance practice and Pillsbury’s corporate clients.