interview/bc/30"/mike1st/mark2nd

By BENJAMIN MARK COLE

Senior Reporter

Kendall Bishop, as one of the nation's premier securities lawyers, is no stranger to major league deals.

But to be simultaneously working on two of the most important ongoing business transactions in Los Angeles history the Playa Vista project and the Los Angeles Dodgers sale is heady stuff even for him.

Bishop is representing the group negotiating to buy a substantial equity stake in Playa Vista (potential future home of DreamWorks SKG), and he is representing Peter O'Malley on his efforts to sell the Dodgers.

He also represents Walt Disney Co., Marvin Davis and the Davis Co., El Segundo-based International Rectifier Inc. and New York-based Univision Communication Inc.

After graduating from Boalt Hall at UC Berkeley, Bishop joined law giant O'Melveny & Myers in 1965, where he tried his hand at litigating for a few years. He then switched to corporate work, where he has remained ever since.

O'Melveny & Myers' management committee also recently selected Bishop to become managing partner of its corporate practice for all of California. That position requires him to spend more time in the firm's downtown L.A. headquarters, though his primary office remains at the Century City office, which he heads.

Question: How is it you ended up the lead lawyer on the Dodgers deal and the Playa Vista transaction?

Answer: Everybody has his 15 minutes in the sun.

Q: Why did Peter O'Malley pick you to represent the team in a sale?

A: There was a request for proposals; we were lucky enough to get it. We went up the hill, and we just resonated with the people we met (at the Dodgers). I led a team of five partners from O'Melveny & Myers.

Q: Who did you meet?

A: There was Peter O'Malley (Dodgers owner); Rollie Seidler (chairman of The Seidler Cos. securities brokerage in downtown Los Angeles), who is married to Terry Seidler, who is Peter O'Malley's sister; Rollie Seidler (Jr.); Bob Graziano, who is the Dodgers CFO, and Mary Anne Seigler, the Dodgers' accountant from Ernst & Young.

Q: Will Peter O'Malley stay on, if and after a sale?

A: Your guess is as good as mine.

Q: I don't think my guess is as good as yours. What's yours?

A: It very much depends on who the buyer is, and whether that buyer wants to have Peter O'Malley stay on.

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